Business

NEW DELHI: In the backdrop of growing global economic uncertainty and fluctuating financial markets, gold continues to attract investors seeking a safe haven for preserving their wealth.Experts say that despite occasional fluctuations, gold’s long-term performance makes it a reliable hedge against inflation, currency risks, and geopolitical uncertainties.Experts also pointed to the key drivers of gold…

NEW DELHI: The National Highways Authority of India (NHAI) will soon undertake detailed studies to assess the most suitable options — hill-cutting, viaducts or tunnels — for executing highway projects in hill states.The decision was made at a brainstorming session held last week on strengthening quality control in highway construction. Sources said some experts pointed…

JPMorgan Chase on Monday unveiled a $1.5 trillion plan to bolster key US industries, including rare minerals, shipbuilding, and nuclear energy, in a move it described as critical for national security and economic resilience.The US banking giant, which manages assets of about $3.8 trillion, said it would deploy direct equity and venture capital investments of…

In a move aimed at strengthening regional trade and payment systems, the Reserve Bank of India (RBI) on Monday allowed Indian banks and their overseas branches to extend rupee-denominated loans to persons residing in Bhutan, Nepal, and Sri Lanka.The RBI said the step was taken to facilitate cross-border trade transactions and is part of its…

In a major reform aimed at improving ease of access and flexibility for over seven crore subscribers, the Employees’ Provident Fund Organisation (EPFO) board on Monday approved liberalised partial withdrawal rules, allowing members to withdraw up to 100 per cent of their EPF balance.The Central Board of Trustees (CBT), headed by Labour Minister Mansukh Mandaviya,…

The Employees’ Provident Fund Organisation (EPFO) on Monday extended the deadline for filing EPF returns, or Electronic Challan-cum-Return (ECR), for the wage month of September 2025 by one week to October 22, PTI reported.Employers are normally required to file the ECR by the 15th of every month. The extension comes in view of requests from…

Niti Aayog on Monday called for rapid expansion and modernisation of India’s fishing fleet, along with enhanced market access, as part of a broader push to promote the country’s blue economy.The think-tank also emphasised scaling up operations and strengthening monitoring and surveillance mechanisms across the sector, PTI reported.In its report titled India’s Blue Economy, Niti…

Silver rate today: Silver prices in the national capital witnessed a sharp jump on Monday, rising by Rs 7,500 to hit a record Rs 1,79,000 per kg (inclusive of all taxes) amid renewed US-China trade tensions and heightened safe-haven demand, according to the All India Sarafa Association. The white metal had closed at Rs 1,71,500…

Representative Image (AI-generated) October 13 marks a unique occasion in the United States as the country observes both Columbus Day and Indigenous Peoples’ Day. Celebrated on the second Monday in October, Columbus Day has been a federal holiday since 1892, with parades honoring Italian-American heritage and pride. Indigenous Peoples’ Day was first recognized through a…

India’s retail inflation eased sharply to 1.54% in September 2025, the lowest since June 2017, as food prices continued to decline for the fourth consecutive month, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI).The latest figures, based on the All India Consumer Price Index (CPI), mark a 53-basis point drop…