Category: Business

Business

India to host Asia Pacific aircraft accident investigators meet from October 28-31

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India to host Asia Pacific aircraft accident investigators meet from October 28-31

The Aircraft Accident Investigation Bureau (AAIB), on behalf of the Ministry of Civil Aviation, will be hosting the four-day Asia Pacific Accident Investigation Group (APAC-AIG) meeting for the first time in India. File | Photo Credit: Reuters India will host the meeting of the Asia Pacific region’s aircraft accident investigators for the first time from…

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Gold surges ₹1,185 to record ₹1.28 lakh/10g, breaches $4,250 an ounce in global markets

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Gold surges ₹1,185 to record ₹1.28 lakh/10g, breaches ,250 an ounce in global markets

Gold prices on Thursday (October 16, 2025) surged by ₹1,185 to scale an all-time high of ₹1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the $4,250 per ounce globally, driven by expectations of interest rate cuts by the U.S. Federal Reserve, and persistent geopolitical tensions. On the Multi Commodity…

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Business

Stock markets surge in early trade tracking rally in global peers

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Stock markets surge in early trade tracking rally in global peers

Equity benchmark indices Sensex and Nifty surged in early trade on Thursday (October 16, 2025). File photo for representation. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty surged in early trade on Thursday (October 16, 2025), tracking a rally in global markets amid U.S. Fed rate cut hopes. Fresh foreign fund inflows also…

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Business

Rupee rises 40 paise to 87.68 against U.S. dollar in early trade

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Rupee rises 40 paise to 87.68 against U.S. dollar in early trade

Image used for representative purpose only. | Photo Credit: Reuters The rupee appreciated 40 paise to 87.68 against the U.S. dollar in early trade on Thursday (October 16, 2025), primarily driven by central bank intervention, a softer dollar index. Forex traders said other supportive factors like positive domestic equities, lower crude oil prices and renewed…

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Business

SEBI alleges insider trading of ₹173 crore in IEX

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SEBI alleges insider trading of ₹173 crore in IEX

SEBI banned eight individuals, alleging them of insider trading in the scrips of India Energy Exchange. File | Photo Credit: Reuters Securities and Exchange Board of India (SEBI) banned eight individuals, alleging them of insider trading in the scrips of India Energy Exchange amounting to a ₹173.14 crore, according to an interim order released October…

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Business

U.K. sanctions Gujarat’s Nayara Refinery

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U.K. sanctions Gujarat’s Nayara Refinery

The timing of the U.K. sanctions is significant, coming days after U.K. Prime Minister Keir Starmer led a large trade delegation to Mumbai and U.K.-India relations appeared to touch a new high. (picture for representational purposes only) | Photo Credit: YORUK ISIK The British government has sanctioned the Vadinar (Jamnagar) oil refinery owned by Nayara…

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Indian team in U.S. to discuss tariffs, shutdown not “right time” for official negotiation on trade deal: Commerce Secretary

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Indian team in U.S. to discuss tariffs, shutdown not “right time” for official negotiation on trade deal: Commerce Secretary

Commerce Secretary Rajesh Agrawal holds a bilateral meeting with U.S. Ambassador-designate to India Sergio Gor, in New Delhi on October 13, 2025. Photo: X/@USAmbIndia via ANI A team from India is currently in the U.S. to discuss issues relating to tariffs, according to Commerce Secretary Rajesh Agrawal. However, due to the ongoing shutdown in the…

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Business

U.S. deficit-to-GDP ratio has room to come down, Bessent says

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U.S. deficit-to-GDP ratio has room to come down, Bessent says

U.S. Treasury Secretary Scott Bessent looks on during a press conference with U.S. Trade Representative Jamieson Greer on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., on October 15, 2025. | Photo Credit: Reuters The U.S. deficit-to-gross domestic product ratio has room to come down to the 3% range, Treasury Secretary…

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