Business

Fruits continued to push up household grocery bills, with inflation averaging 13.2% during the first nine months of 2025, the highest in five years, even as other food items like vegetables and pulses provided some relief. According to an ET analysis, fruit inflation was 5.9% in 2024 and 3.9% in 2023, highlighting the sharp spike…

US President Donald Trump claimed that Prime Minister Narendra Modi had given assurance that India would discontinue purchasing oil from Russia. (AI image) India is looking to reduce its Russian oil imports with refiners planning a gradual reduction, according to a Reuters report quoting sources. Russia continues to be India’s largest crude oil supplier. The…

Gold is also likely to remain a safe-haven asset, supported by concerns over rising and potentially unsustainable debt levels. (AI image) Gold rate today: Gold prices are continuing their record run, with yellow metal rising to Rs 1,28,395 per 10 grams in MCX Gold futures trading. Internationally, gold prices crossed the $4,250 per ounce mark.Gold…

In a significant leap for India’s semiconductor ambitions, the country’s first commercially packaged multi-chip module (MCM) rolled out early Wednesday from Kaynes Semicon’s outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. The shipment, comprising 900 intelligent power modules (IPMs), has been delivered to California-based Alpha & Omega Semiconductor (AOS). A milestone for India…

Market observers noted that declining US 10-year yields as rupee gained suggested foreign institutional investors were shifting focus to emerging markets, including India. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was above 25,400, BSE Sensex was up over 300 points. At…

Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Bikaji, Voltas, and Torrent Power. Here’s his view on Nifty, Bank Nifty and the top stock picks for October 16, 2025.Index View: NiftyAfter…

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…