The Times of India - Business (48 minutes ago)
Gold is experiencing an unprecedented surge in 2025, reaching $4,000 an ounce as global uncertainty and persistent inflation drive investors away from traditional assets. This rally, outpacing historical crises, occurs even as the stock market booms, signaling deep-seated economic anxieties. Central banks are aggressively buying gold, questioning...
ReadThe Times of India - Business (48 minutes ago)
IMF Managing Director Kristalina Georgieva expressed strong optimism about India's economic prospects, highlighting its bold reforms like digital identity and GST. She praised India for proving doubters wrong with its digital approach and structural changes.
ReadThe Times of India - Business (48 minutes ago)
Gold rate today: Gold and silver prices hit record highs in Indian futures trading, mirroring global surges driven by escalating US-China trade tensions and anticipated US Federal Reserve rate cuts. This uncertainty fueled demand for safe-haven assets, with both precious metals reaching unprecedented levels on Tuesday.
ReadThe Times of India - Business (48 minutes ago)
Despite a surge in digital payments, cash continues to dominate nearly half of India's transactions, particularly in rural areas. While retail payments are overwhelmingly digital, driven by government initiatives and improved infrastructure, cash remains resilient. The Unified Payments Interface (UPI) is rapidly expanding, yet cash's strong...
ReadThe Times of India - Business (48 minutes ago)
LendingTree founder and CEO Doug Lebda, 55, has died in an ATV accident at his North Carolina farm. The online lending platform confirmed his death on Sunday, mourning the loss of its visionary leader. Scott Peyree has been appointed as the new CEO following the tragic incident.
ReadThe Hindu - Business (57 minutes ago)
To enhance ease of living of EPF members, CBT decided to simplify the partial withdrawal provisions of EPF Scheme by merging 13 complex provisions into a single, streamlined rule categorised into three types namely, Essential Needs (illness, education, marriage), Housing Needs, and Special Circumstances
ReadThe Times of India - Business (3 hours ago)
Tata Motors demerger: Tata Motors shares saw a significant notional drop Tuesday as its commercial vehicles arm spun off. Shareholders receive one new share for each existing one, with the parent company now focusing on passenger and electric vehicles, plus Jaguar Land Rover.
ReadThe Times of India - Business (4 hours ago)
Asian shares traded mixed as Japan's Nikkei and Hong Kong's Hang Seng declined, while Shanghai's Composite saw a slight increase. This followed US President Trump's assurances over ties with China, aiming to avoid economic depression. Despite market volatility and concerns about expensive valuations, particularly in AI, investors await upcoming...
ReadThe Times of India - Business (4 hours ago)
LG Electronics India has successfully listed on the BSE and NSE today. The company's Initial Public Offering saw immense investor interest, becoming the second most subscribed issue ever. Experts anticipate strong investor demand for the stock, citing attractive valuations and solid business prospects. LG Electronics India reported robust financial...
ReadThe Times of India - Business (5 hours ago)
Gold price prediction today:Gold prices are poised for further gains, though risks of a correction are increasing after a significant rally. Analysts advise investors to monitor key levels as gold sees strong ETF inflows and global diversification away from the US dollar.
ReadThe Times of India - Business (7 hours ago)
Despite escalating trade tensions, US Treasury Secretary Scott Bessent remains optimistic about a meeting between Presidents Trump and Xi in South Korea. He stated that substantial communication occurred over the weekend following China's imposition of rare-earth export controls. Bessent emphasized that the US will not accept these restrictions and...
ReadThe Times of India - Business (7 hours ago)
Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta suggests buying Shree Cement and Hindalco today. Shree Cement is poised for an uptrend after consolidation above its 200-day moving average. Hindalco, forming a triangle pattern, is expected to continue its upward movement after finding support at its 10-day moving average.
ReadThe Times of India - Business (15 hours ago)
Wall Street experienced a strong rebound on Monday, with major US stock indices rallying significantly. This surge followed President Trump's more conciliatory remarks on trade with China, easing concerns that had rattled global markets just days prior. The market's positive sentiment was boosted by hopes for a continued functioning trade...
ReadThe Times of India - Business (15 hours ago)
JPMorgan Chase is launching a massive $1.5 trillion plan to boost crucial US industries like rare minerals, shipbuilding, and nuclear energy. This significant investment aims to enhance national security and economic resilience by supporting domestic production and reducing reliance on foreign sources. CEO Jamie Dimon highlighted global...
ReadThe Times of India - Business (16 hours ago)
The Reserve Bank of India has permitted Indian banks and their overseas branches to offer rupee-denominated loans to individuals and banks in Bhutan, Nepal, and Sri Lanka. This move aims to simplify cross-border trade and payment systems. Additionally, the RBI has extended the repatriation period for unutilized foreign currency balances held by...
ReadThe Times of India - Business (16 hours ago)
Amidst global economic uncertainty, gold is attracting investors as a safe haven. Experts highlight its long-term role as a hedge against inflation and geopolitical risks, with central bank buying and ETFs driving current prices. Investors are advised to consider gold with a ten-year horizon, with current recommendations suggesting up to 10%...
ReadThe Times of India - Business (17 hours ago)
EPFO has significantly liberalized partial withdrawal rules, allowing subscribers up to 100% of their EPF balance for essential needs, housing, and special circumstances. Minimum service for withdrawals is now 12 months. The organization also introduced a scheme to reduce litigation and a digital transformation plan for faster, automated services,...
ReadThe Times of India - Business (17 hours ago)
Net direct tax revenue has grown 6.33% to over Rs 11.89 lakh crore by October 12, driven by robust corporate tax collections and reduced refund issuances. This growth reflects an increase in both corporate and non-corporate tax receipts, with the government projecting further expansion for the full fiscal year.
ReadThe Times of India - Business (18 hours ago)
Employers now have an extra week to file EPF returns for September 2025, with the deadline extended to October 22. This adjustment aids businesses adapting to the revamped ECR system, which promises better data accuracy and compliance. The EPFO is actively engaging with industry bodies and conducting workshops to ensure a smooth transition for all.
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