New Delhi: Gold prices on Wednesday rebounded by Rs 2,600 to Rs 1,24,400 per 10 grams in the national capital, snapping a two-session losing streak, amid a fresh wave of safe-haven buying ahead of the policy outcome by the US Federal Reserve. Gold of 99.5 per cent purity appreciated by Rs 2,600 to Rs 1,23,800…
New Delhi: State-owned NTPC Green Energy Ltd (NGEL) on Wednesday posted an over 135 per cent year-on-year rise in its consolidated net profit to Rs 86.38 crore in the September quarter, mainly on the back of higher revenues. The company had a consolidated net profit of Rs 36.69 crore in the quarter ended on September…
New Delhi: Adani Green Energy Ltd (AGEL) on Tuesday posted a 28 per cent year-on-year rise in consolidated net profit to Rs 644 crore in the September quarter, driven by the renewable power business. The company had clocked a net profit of Rs 515 crore in the July-September period of the preceding 2024-25 financial year,…
New Delhi: India’s industrial production growth remained steady at 4 per cent in September this year due to the good performance of the manufacturing sector, according to official data released on Tuesday. The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 3.2 per cent in September 2024. The…
New Delhi: Tata Trusts chairman Noel Tata and two other powerful trustees considered close to him blocked the reappointment of late Ratan Tata’s close associate and businessman Mehli Mistry as trustee, deepening the rift at the philanthropic arm that controls the holding company of the Tata Group, people familiar with the matter said. Noel Tata…
New Delhi: The Cabinet on Tuesday approved the Terms of Reference (ToR) of the 8th Pay Commission, which is likely to be implemented from January 1, 2026. The recommendations of the pay panel will benefit about 50 lakh central government employees and 69 lakh pensioners. The commission will comprise one chairperson, one member (part-time), and…
New Delhi: US sanctions against two of Russia’s largest oil companies are expected to impact Reliance Industries’ crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now. Industry sources said public-sector units are assessing compliance risks but are unlikely to halt Russian crude flows immediately as they buy almost all…
New Delhi: China has alleged that certain conditions in India’s Production Linked Incentive schemes for advanced chemistry cell battery, automobiles, and the policy to promote the manufacturing of electric vehicles violate global trade rules, and has filed a complaint against these measures at the WTO. According to a communication of the Geneva-based WTO, China has…
Mumbai: Benchmark stock indices Sensex and Nifty rose in the opening session of special Muhurat trading on Tuesday, driven by buying in bank and IT shares amid a positive trend in global markets. The 30-share BSE Sensex rose by 186.07 or 0.22 per cent to 84,549.44 points, marking a firm start of the new Samvat…
Indore: England held their nerves to edge past India by four runs and book a place in the semifinals of the Women’s World Cup here on Sunday. Electing to bat, England rode on skipper Heather Knight’s classy 109 off 91 balls (15×4, 1×6) — in her 300th international appearance — to post 288 for 8….
