Business

Diwali 2025 bank holidays: As the festive week of Diwali approaches, several states will see a string of bank holidays. However, banks will not remain closed nationwide for three consecutive days, with most closures being state-specific based on regional festivals. Is bank open today on Dhanteras 2025? This Saturday, October 18, banks across India will…

Gold prices have rallied throughout 2025, rising almost 39% over the past year, weakening the prospects for festive selling. On Friday, just a day before Dhanteras, gold prices soared Rs 3,000 to record a new high at Rs 1,34,800 per 10 grams.Meanwhile, silver, after reaching a peak of Rs 1.76 lakh per kg on Wednesday,…

US President Donald Trump on Friday signed an order that provides relief for American carmakers while introducing a 25% tariff on truck parts.The White House said the order extends an arrangement allowing companies to reduce tariffs on imported vehicle parts. At the same time, it imposes a 25% tariff on medium and heavy-duty trucks and…

Boeing on Friday received green light from the US Federal Aviation Administration (FAA) to increase monthly production of its 737 Max aircraft, following reviews and inspections.The plane maker can now make 42 jets per month, up from the previous limit of 38. The cap had been introduced after a door plug blew off an Alaska…

NEW DELHI: IndiGo has placed a firm order for 30 more Airbus A350 aircraft, doubling its order for this wide body aircraft from 30 to 60. The airline had announced its intention to do so at IATA AGM in Delhi this June. It has signed an agreement with Rolls-Royce to equip its A350 fleet with…

Gold prices slipped on Friday after hitting record highs above $4,300 an ounce, pressured by a stronger dollar and US President Donald Trump’s comments that his threatened high tariffs on China would not be “sustainable.”“It’s not sustainable. But that’s what the number is, it’s probably not, you know, it could stand, but they forced me…

Gold prices surged: Gold prices soared by Rs 3,200 to a record Rs 1,34,800 per 10 grams in Delhi on Friday, driven by strong festive buying and global safe-haven demand, according to the All India Sarafa Association. The previous session had seen the metal of 99.9 per cent purity close at Rs 1,31,600 per 10…

Mehul Choksi (File photo) A court in Antwerp, Belgium, on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, marking a major breakthrough for India in the Rs 13,000-crore Punjab National Bank (PNB) fraud case. Officials said the court upheld the validity of Choksi’s arrest made by Belgian authorities on India’s request earlier this year.“The…

The central government introduced hallmarking for 9 carat gold jewellery in July 2025. (AI image) Thinking of buying gold jewellery on Dhanteras and Diwali 2025? With gold prices hitting record highs, buyers who are mindful of their budget may consider 9K gold jewellery.The central government introduced hallmarking for 9K gold jewellery in July 2025, placing…

The proportion of gold within India’s foreign exchange reserves has seen a significant rise in the last ten years. (AI image) Gold’s record rally has helped India’s gold reserves value cross the $100 billion mark for the first time ever. The Reserve Bank of India‘s (RBI) latest foreign exchange reserves data reveals that India’s gold…