Infosys had logged a net profit of ₹6,506 crore in the same period a year ago. File | Photo Credit: Reuters IT company Infosys on Thursday (October 16, 2025) posted a 13.2% increase in consolidated net profit at ₹7,364 crore for the second quarter ended September 30, 2025. The company had logged a net profit…
Gold price today October 16 | Photo Credit: AMIT DAVE Gold prices in India have seen an upward trend today, October 16, with a notable increase across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides a detailed, city-by-city breakdown of today’s gold prices….
Gold prices on Thursday (October 16, 2025) surged by ₹1,185 to scale an all-time high of ₹1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the $4,250 per ounce globally, driven by expectations of interest rate cuts by the U.S. Federal Reserve, and persistent geopolitical tensions. On the Multi Commodity…
Image used for representative purpose only. | Photo Credit: Reuters The rupee appreciated 40 paise to 87.68 against the U.S. dollar in early trade on Thursday (October 16, 2025), primarily driven by central bank intervention, a softer dollar index. Forex traders said other supportive factors like positive domestic equities, lower crude oil prices and renewed…
Gold rose to a record as heightened US-China frictions and bets the Federal Reserve will press on with monetary easing through the end of the year supported demand. Bullion has risen more than 5 per cent so far this week and touched a peak above $4,242 an ounce on Thursday, as a breakneck rally underway…
Equity benchmark indices Sensex and Nifty surged in early trade on Thursday (October 16, 2025). File photo for representation. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty surged in early trade on Thursday (October 16, 2025), tracking a rally in global markets amid U.S. Fed rate cut hopes. Fresh foreign fund inflows also…
U.S. Treasury Secretary Scott Bessent looks on during a press conference with U.S. Trade Representative Jamieson Greer on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., on October 15, 2025. | Photo Credit: Reuters The U.S. deficit-to-gross domestic product ratio has room to come down to the 3% range, Treasury Secretary…
SEBI banned eight individuals, alleging them of insider trading in the scrips of India Energy Exchange. File | Photo Credit: Reuters Securities and Exchange Board of India (SEBI) banned eight individuals, alleging them of insider trading in the scrips of India Energy Exchange amounting to a ₹173.14 crore, according to an interim order released October…
Image used for representational purposes. | Photo Credit: Reuters shows that for the first half of the financial year (April to September 2025), the trade deficit shrank by 2.3%. Data released by the Ministry of Commerce and Industry on Wednesday showed that India’s total exports stood at $67.2 billion in September 2025, up 0.8% over…
Commerce Secretary Rajesh Agrawal holds a bilateral meeting with U.S. Ambassador-designate to India Sergio Gor, in New Delhi on October 13, 2025. Photo: X/@USAmbIndia via ANI A team from India is currently in the U.S. to discuss issues relating to tariffs, according to Commerce Secretary Rajesh Agrawal. However, due to the ongoing shutdown in the…
