Gold prices on the Milti Commodity Exchange (MCX) slipped in early trade on Thursday after a stronger US dollar and the Federal Reserve’s October meeting minutes cooled expectations for a December rate cut. MCX December gold futures were trading around ₹1,22,768 per 10 grams in morning trade, while silver futures…
Tag: #BusinessNews
News
Leaders Pay Tribute to Birsa Munda on Gaurav Diwas
India’s top constitutional leaders, including President Droupadi Murmu, Vice President C. P. Radhakrishnan, and Lok Sabha Speaker Om Birla, paid floral tributes to Bhagwan Birsa Munda on the occasion of Janjatiya Gaurav Diwas at the Parliament premises on Friday. The solemn ceremony, held at Prerna Sthal, marked the birth anniversary…
News
Groww Shares Rally 50%: Is It Wise to Chase the IPO Runup?
Shares of Billionbrains Garage Ventures the parent of retail broker Groww have surged sharply since listing, rising from the IPO price of ₹100 to an intraday high above ₹153, handing early investors gains of roughly 50% in just days after debut. The rapid rally has reignited debate among analysts and…
News
Warren Buffett’s Berkshire Cash Surges to Record $382 Billion
New Delhi, November 1, 2025: Warren Buffett’s Berkshire Hathaway Inc. has achieved a historic milestone, amassing a record cash reserve of $381.7 billion in the third quarter of 2025. The surge in liquidity highlights the company’s cautious investment strategy amid volatile global markets and declining short-term interest rates. Operating Profit…
News
GST Revenue Up 4.6% to ₹1.96T Despite Tax Cuts
India’s Goods and Services Tax (GST) collections grew 4.6% year-on-year to ₹1.96 trillion in October 2025, reflecting strong domestic demand despite the recent tax cuts announced by the GST Council. This moderate growth indicates resilience in consumption, especially during the festive season. Festive Demand Fuels Collection Growth The finance ministry…
News
Vedanta Wins Rs 17,000 Cr Bid for Jaiprakash Associates
In a high-stakes battle under India’s Insolvency and Bankruptcy Code (IBC), Vedanta Group has emerged victorious with a ₹17,000 crore bid to acquire debt-laden Jaiprakash Associates Ltd (JAL), outbidding Gautam Adani’s Group. The outcome marks a significant step in the ongoing resolution of one of the country’s most prominent corporate…