Business

MUMBAI: With gold prices hitting through the roof, Indians are making more with less this big, fat wedding season. For one, many consumers are exchanging old gold, which somewhat helps ease the burden of steep prices of the yellow metal, synonymous with desi shaadis. “Many consumers are exchanging old gold to offset higher prices, while…

MUMBAI: Parisian luxury department store Galeries Lafayette is tapping India for growth, a market it said lacks luxury retail avenues for high spending consumers who shop for a spate of labels across pricey fashion houses and shopping stores abroad.The retailer’s flagship store in Paris’s Boulevard Haussmann is the second most-visited tourist spot in the French…

Gold ETFs are emerging as the preferred choice for investors navigating a volatile global environment. In September 2025, inflows into these funds jumped six-fold to Rs 8,363.13 crore, compared with Rs 1,232.99 crore in the same month last year, reflecting growing appetite for liquid, secure investments. Over the past five years, Gold ETF inflows have…

Silver has emerged as the standout performer of 2025, delivering an average 102% return to investors through ETFs, according to an ET report. Once overshadowed by gold, the white metal is now trading near Rs 1.8 lakh per kg in the spot market, with analysts projecting domestic prices could reach Rs 2.46 lakh in the…

Silver has emerged as one of the year’s best-performing commodities, delivering returns of nearly 70% so far in 2025. The precious metal breached $35 per ounce in the first half of the year and hit a 14-year high of $44.11 in September, before surging past $51.30 in October.According to a new report by brokerage Motilal…

India’s merchandise exports to the United States fell 11.93% to $5.46 billion in September amid Washington’s 50% tariff on Indian goods, while imports from the US rose 11.78% to $3.98 billion, according to data from the commerce ministry.During April–September FY26, exports to the US grew 13.37% to $45.82 billion, while imports increased 9% to $25.6…

A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, is set to acquire Aligned Data Centers from Australian financial services major Macquarie in a deal valued at around $40 billion.The acquisition underscores the tech sector’s escalating race to build artificial intelligence infrastructure — from chips and servers to…

(Left to right) Unsoo Kim, MD – HMIL, José Muñoz, President & CEO – Hyundai Motor Company and Tarun Garg, whole-time director & COO – HMIL Jose Munoz literally shattered the glass ceiling as he became the first non-Korean to become the global CEO and President of Korean automotive giant Hyundai in Jan 2025. A…

Air India is negotiating with Airbus and Boeing to acquire up to 300 aircraft, including as many as 80 to 100 wide-body jets, as part of an accelerated expansion of its fleet under the Tata Group, Reuters reported citing sources familiar with the matter on Wednesday.The talks come on top of earlier discussions for around…

Silver rate today: Silver prices retreated sharply on Wednesday, dropping Rs 3,000 to close at Rs 1,82,000 per kg (inclusive of all taxes) after surging Rs 6,000 to a record Rs 1,85,000 per kg on Tuesday. In the overseas market, spot silver was trading 2.81 per cent higher at $52.84 per ounce, down from a…