Category: Business

Business

Jindal Stainless inaugurates Stainless Steel fabrication unit near Mumbai

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The logo of Jindal Stainless is seen inside its plant in Hisar. | Photo Credit: Reuters Jindal Stainless Ltd (JSL), through its wholly owned subsidiary Jindal Stainless Steelway Ltd (JSSL), said it has launched its first stainless steel fabrication unit at Washivali, Patalganga, near Mumbai.  The 4 lakh square ft. facility will cater to the…

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Supreme Court decides to examine constitutional validity of Securities Transaction Tax

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A view of the Supreme Court of India. File | Photo Credit: The Hindu The Supreme Court of India on Monday (October 6, 2025) decided to examine a plea challenging the constitutional validity of the Securities Transaction Tax (STT), a direct tax levied on securities transactions through a listed stock exchange, as imposed under the…

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India’s Services sector growth eases in September as softer improvement in demand curbs output, inflation

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Image used for representative purpose only. The growth of India’s services sector eased in September from the recent high in August, as new business and activity expanded at slower rates, according to a monthly survey released on Monday (October 6, 2025). The seasonally adjusted HSBC India Services PMI Business Activity Index fell to 60.9 in…

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Access Denied You don’t have permission to access “http://www.ndtv.com/business-news/tata-capitals-1-7-billion-ipo-opens-indias-biggest-listing-this-year-9403316” on this server. Reference #18.318d2117.1759736443.149f5c2c https://errors.edgesuite.net/18.318d2117.1759736443.149f5c2c Source link

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Gold Futures hit record as U.S. shutdown, Federal Reserve cut bets spur ‘safe-haven’ demand

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Gold prices on Monday (October 6, 2025) surged by ₹1,447 to a new record of ₹1,19,560 per 10 gm in the domestic futures trade, lifted by safe-haven buying amid the prolonged U.S. government shutdown and growing bets on further Federal Reserve rate cuts. On the Multi Commodity Exchange (MCX), gold futures for December delivery appreciated…

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Rupee rises 5 paise to 88.74 against U.S. dollar in early trade

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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Rupee rose five paise to 88.74 against the U.S. dollar in early trade on Monday (October 6, 2025), tracking a positive trend in domestic equities and likely IPO-related inflows. Forex traders said the rupee is trading in a tight range as it remains under…

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Stock markets rally in early trade on buying in banking counters

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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty were trading in the positive territory in early trade on Monday (October 6, 2025), propelled by buying in bank stocks. The 30-share BSE Sensex advanced 67.62 points to 81,274.79 in opening trade. The 50-share NSE Nifty went up…

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