Business news

Jan 1, 1970

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

After 117 Years, Calcutta Stock Exchange Set to Exit Stock Market Operations

But the exchange faced a serious setback after the 2001 Ketan Parekh scam, which caused a payment crisis when many brokers failed to meet settlement obligations. This shook investor confidence and slowly pushed the exchange into decline.

Oct 19, 2025

Tax Relief: Government Extends GSTR-3B Filing Due Date to October 25

The deadline extension was widely expected this time, as the original due date, October 20, falls during the Diwali festival, when businesses and offices are usually closed or operating with limited staff.

Oct 19, 2025

US tariffs, trade deal talks, Q2 results likely to drive market sentiment next week

Market Watch: Q2 Earnings, US Tariffs and Trade Talks to Set the Tone Next Week

Union Commerce Minister Piyush Goyal recently said that discussions on the proposed India-US bilateral trade agreement are progressing rapidly and in a positive atmosphere.

Oct 19, 2025

Happy Diwali 2025: Foreign Investors Turn Buyers in Indian Market amid Festive Cheer

"The principal reason for this change in FII strategy is the reduced valuation differential between India and other markets. India's underperformance during the last one year has opened up prospects for better performance, going forward," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd.

Oct 19, 2025

Gold prices touch new high on Dhanteras amid strong festive demand

Happy Diwali 2025: From Gold, cars to Gadgets, India Witnesses Record-Breaking Festive Season Sales

On Dhanteras, the All India Gem and Jewellery Domestic Council (GJC) reported a surge in gold and silver purchases following a sharp price correction. "We expect festive sales to cross Rs 50,000 crore. Despite high gold and silver prices, consumer sentiment is strong, driven by strategic buying and early wedding purchases," according to Rajesh Rokde, Chairman, GJC.

Oct 19, 2025

Jan 1, 1970

Yes Bank's Q2 net profit drops 18 pc sequentially to Rs 654 crore

However, the bank's net profit for the July-September period jumped 18 per cent year-on-year (YoY) from Rs 553.04 crore in Q2 FY25. Meanwhile, its total expenditure for the period stood at Rs 7,726.6 crore, down over 3 per cent from Rs 7,990.07 crore in the April-June period (Q1 FY26).

Oct 18, 2025

Nifty, Sensex surge over 2 pc this week amid renewed hopes of US-India trade deal

The sentiment remained upbeat as Bank Nifty achieved a new milestone, driven by robust buying interest in leading banking stocks. Investor confidence was buoyed by easing concerns around asset quality in the financial sector and expectations of improved volume growth in the festive quarter.

Oct 18, 2025