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 […]
JPMorgan Chase launches $1.5 trillion plan: US critical industries in focus; aims to cut supply chain risks
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 […]
NHAI to take up studies to assess best options for road projects in hill states
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 […]
Direct tax collection: Net mop-up rises 6.3% to Rs 11.89 lakh crore; refunds dip
Net direct tax revenue recorded a growth of 6.33 per cent so far in the current fiscal, reaching over Rs 11.89 lakh crore till October 12, driven by higher corporate tax collections and slower refund issuances, PTI reported. Refunds issued during this period dropped 16 per cent to Rs 2.03 lakh crore.According to official data, […]
EPFO allows up to 100% part PF withdrawal: Digital services simplified; what it means for your savings
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, […]
Missed the EPF return deadline? EPFO gives one-week extension; here’s what employers should know
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 […]
HCL Q2 results: Consolidated net profit flat at Rs 4,235 crore; revenue jumps 10.6%
HCL Technologies on Monday reported a flat consolidated net profit of Rs 4,235 crore for the quarter ended September 30, 2025.On a sequential basis, the IT giant’s net profit rose 10.2 per cent compared to Rs 3,843 crore recorded in the June quarter, PTI reported.The company’s consolidated revenue increased 10.6 per cent year-on-year to Rs […]
Silver ETF surge: Domestic prices hit record highs; festive demand and global inflows drive 53% rally in 2025
India’s silver market has witnessed unprecedented momentum this year, with domestic prices soaring 53 per cent so far in 2025, significantly outperforming gold, which has risen nearly 49 per cent, according to market observers. The surge has also triggered a spike in investment inflows into silver exchange-traded funds (ETFs), reportedly tripling those into gold ETFs, […]
Columbus Day & Indigenous Peoples’ Day: What remains open and closed across the US today; see full list
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 […]
Gold rally: Soaring prices cool festive demand; experts see short-term correction but back annual SIP buying
Gold may be synonymous with festivals and weddings in India, but this season the metal’s dazzling rise has kept many buyers away. Even as shopfronts sparkle with festive offers, record-high prices have dulled demand for the yellow metal.On October 7, gold futures on the Multi Commodity Exchange (MCX) scaled Rs 1,21,111 per 10 g, marking […]