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Foreign institutional investors offloaded equities worth ₹1,583.37 crore on a net basis on October 3, according to exchange data. File | Photo Credit: Reuters The rupee consolidated in a narrow range to settle 3 paise lower at an all-time low of 88.82 (provisional) against the U.S. dollar on Monday (October 6, 2025) as a strengthening…
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PVV Infra Ltd, an infrastructure company mainly into rooftop and ground-based solar power installations, said its two subsidiaries have received two solar power orders valued at ₹799 crore. PVV EVTech Private Ltd, a subsidiary of the company has signed a 25-year Power Purchase Agreement (PPA) with the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for a 100 MW solar power project at various locations…
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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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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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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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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…
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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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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Precious metals continued upward journey in September with gold and silver closing at fresh 52-week highs. The interest rate cut announced by the U.S. Federal Reserve along concerns on the U.S. government shutdown bolstered sentiment towards precious metals. Comex gold zoomed past the psychological $3,800 mark and closed at a fresh all-time high of $3,887.6…