Business News: Economy & Markets

FIIs return to Indian markets, pump in over Rs 10,000 crore in October

IANS | October 16, 2025 10:53 AM

Mumbai, Oct 16 (IANS) After months of selling, foreign investors seem to be regaining confidence in Indian stock markets as the data from NSDL shows that between October 7 and October 14, Foreign Institutional Investors (FIIs) were net buyers in five of the last seven trading sessions, purchasing shares worth over Rs 3,000 crore in the secondary market.

Gold hits record high as investors seek safe haven amid global uncertainty

IANS | October 16, 2025 10:20 AM

Mumbai, Oct 16 (IANS) Gold prices soared to a fresh record high on Thursday as investors turned to the safe-haven metal amid rising geopolitical tensions and economic uncertainty.

Sensex rises 340 points, Nifty above 25,400 as auto, bank stocks lead gains

IANS | October 16, 2025 9:45 AM

Mumbai, Oct 16 (IANS) Equity markets opened higher on Thursday, supported by stock-specific action as companies continue to announce their Q2 results.

Ease of living: 13 PF withdrawal provisions merged into 1 simplified framework

IANS | October 16, 2025 9:23 AM

New Delhi, Oct 16 (IANS) The government has simplified the Provident Fund (PF) withdrawal norms, and the employee can withdraw more and earlier after just a period of 12 months.

Brazilian VP to co-chair inaugural Trade Ministerial Review Meeting with Piyush Goyal today

IANS | October 16, 2025 7:30 AM

New Delhi, Oct 16 (IANS) Brazil's Vice President and Minister of Development, Industry, Trade and Services, Geraldo Alckmin, will meet Union Minister of Commerce and Industry Piyush Goyal on Thursday for the inaugural Trade Ministerial Review Meeting.

US tariffs not a matter of huge concern for India’s growth: RBI Governor

IANS | October 15, 2025 9:40 PM

Washington, Oct 15 (IANS) Reserve Bank of India Governor Sanjay Malhotra on Wednesday asserted that the 50 per cent US tariffs on India are “not a matter of huge concern” for India's growth.

India’s growth is phenomenal with over 8 per cent projections: RBI chief

IANS | October 15, 2025 9:28 PM

Washington, Oct 15 (IANS) India has recorded phenomenal growth with over 8 per cent projections in the past year amid unprecedented global uncertainties, RBI Governor Sanjay Malhotra said at the International Monetary Fund’s (IMF) annual meeting on Wednesday.

US reaches out to India and allies for 'fulsome group response' to China’s rare earth controls

IANS | October 15, 2025 9:24 PM

Washington, Oct 15 (IANS) US Treasury Secretary Scott Bessent on Wednesday reiterated Washington's desire to build a “fulsome group response” to Chinese export controls on rare earths, including proposed talks with Indian officials.

BSNL offers 'Diwali Bonanza' with free 4G data, unlimited calling services for 1 month

IANS | October 15, 2025 8:07 PM

New Delhi, Oct 15 (IANS) To attract new customers this festive season, state-owned telecommunications provider Bharat Sanchar Nigam Limited (BSNL on Wednesday offered a "Diwali Bonanza" offer, providing 4G Mobile services at a token money of Re 1 for a period of one month to new customers without any other cost.

India can lead chemical and petrochemical sector globally: Piyush Goyal

IANS | October 15, 2025 6:31 PM

New Delhi, Oct 15 (IANS) Commerce and Industry Minister Piyush Goyal on Wednesday said the chemicals and petrochemical industry has the potential to be at the forefront of developing new technologies and making India a leader in providing cutting-edge solutions for the economy and industry.