Gold rate outlook: Gold and silver prices set for volatile week; Festive demand and US inflation in focus

Gold rate outlook: Gold and silver prices set for volatile week; Festive demand and US inflation in focus

Gold and silver are poised for a volatile week ahead as investors navigate the interplay between domestic festive buying, physical market premiums, and crucial macroeconomic developments in the US, analysts said. With Federal Reserve officials, including Chair Jerome Powell, set to comment on policy on Tuesday, bullion markets are expected to closely track any cues…

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Trade talks: India, EU wrap up 14th round of FTA negotiations; push on to seal deal by December

Trade talks: India, EU wrap up 14th round of FTA negotiations; push on to seal deal by December

India and the 27-nation European Union (EU) have concluded the 14th round of negotiations for a proposed free trade agreement (FTA) in Brussels, as both sides look to resolve outstanding issues and move closer to signing the deal by the end of the year, PTI reported citing an official.The five-day round, which began on October…

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Telcos network costs rise: Gap between expenditure and revenue exceeds Rs 10,000 crore; COAI flags rising network investment burden

Telcos network costs rise: Gap between expenditure and revenue exceeds Rs 10,000 crore; COAI flags rising network investment burden

The gap between telecom operators’ network expenditure and revenue continues to widen, prompting industry body COAI to defend calls for higher mobile tariffs, citing the increasing financial burden of network deployment on service providers.Speaking at the India Mobile Congress, Cellular Operators Association of India (COAI) Director General, SP Kochhar, told PTI that while the government…

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EY and Microsoft launch AI skills passport: Free program to train youth in AI; focus on career growth

EY and Microsoft launch AI skills passport: Free program to train youth in AI; focus on career growth

EY and Microsoft on Saturday launched the AI Skills Passport, a free online learning initiative aimed at equipping Indian students and early-career professionals with essential artificial intelligence (AI) skills. The program targets individuals aged 16 and above and is designed to bridge the country’s growing AI skills gap, according to an EY statement, ANI reported.Part…

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Environment minister Bhupender Yadav heads to Brazil: India engages in pre-talks ahead of COP30; climate finance and adaptation on agenda

Environment minister Bhupender Yadav heads to Brazil: India engages in pre-talks ahead of COP30; climate finance and adaptation on agenda

Union Environment Minister Bhupender Yadav is set to travel to Brasília on October 13-14 for a pre-COP meeting as India steps up preparations for the UN climate summit COP30, scheduled in Belém, Brazil, in November. The meeting aims to streamline negotiations on key issues and build consensus among ministers before the main conference. He confirmed…

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Valuation gap: ONGC trails Zomato in market cap despite holding assets worth 1/3rd of its valuation; analysts flag undervaluation

Valuation gap: ONGC trails Zomato in market cap despite holding assets worth 1/3rd of its valuation; analysts flag undervaluation

State-run Oil and Natural Gas Corporation (ONGC), valued at around Rs 3.10 lakh crore, now lags behind food delivery platform Zomato in market capitalisation despite owning stakes and assets worth more than a third of its own valuation — a gap analysts say reflects deep undervaluation of India’s largest oil and gas producer.As of Friday’s…

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No can, no beer! Aluminium tin crisis brews trouble; Indian brewers warn of Rs 1,300cr revenue loss

No can, no beer! Aluminium tin crisis brews trouble; Indian brewers warn of Rs 1,300cr revenue loss

India’s domestic beer industry is facing a severe shortage of aluminium cans, prompting the Brewers Association of India (BAI) to seek a “short-term regulatory relaxation” in quality control norms to prevent disruption in supply.The industry is grappling with an annual deficit of 12–13 crore units of 500 ml cans, which account for nearly 20% of…

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SBI boosts gender diversity! Bank targets 30% women workforce by 2030; launches leadership programme

SBI boosts gender diversity! Bank targets 30% women workforce by 2030; launches leadership programme

State Bank of India (SBI), is ramping up efforts to enhance gender diversity, targeting 30% women representation across its workforce within the next five years.“If we talk about frontline staff, women are almost 33%, but as a total if you see, they account for 27% of the total workforce. So, we will be working towards…

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Dalal Street rally! M-cap of eight of top-10 valued firms add Rs 1.94 lakh crore; TCS leads gain

Dalal Street rally! M-cap of eight of top-10 valued firms add Rs 1.94 lakh crore; TCS leads gain

Stock market: Dalal Street witnessed strong momentum last week as the combined market capitalisation of eight of India’s top 10 most-valued companies rose by Rs 1.94 lakh crore, reflecting renewed investor optimism.Tata Consultancy Services (TCS) emerged as the biggest gainer, while Hindustan Unilever and Life Insurance Corporation of India (LIC) saw declines in their valuations,…

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‘Don’t want to fight but …’: China blasts US over additional 100% tariff; calls out ‘double standards’

‘Don’t want to fight but …’: China blasts US over additional 100% tariff; calls out ‘double standards’

The US-China trade war intensified on Sunday after Beijing accused Washington of “double standards” following President Donald Trump’s decision to impose an additional 100% tariff on Chinese goods. “The relevant US statement is a typical example of double standards,” China’s ministry of commerce said in a statement, according to Reuters.The ministry reaffirmed Beijing’s stance on…

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