business
Gold slides 5%, silver 7%
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Festive sales boom: Tata Motors delivers over 1 lakh vehicles between Navratri & Diwali
Tata Motors Passenger Vehicles Ltd celebrated a significant festive season, delivering over 1 lakh vehicles between Navratri and Diwali, a 33% year-on-year increase. SUVs, particularly the Nexon and Punch, led the surge, while electric vehicles also saw strong demand, crossing 10,000 units. This performance highlights robust market sentiment and Tata Motors’ strategic focus on product […]
Canada inflation rises: CPI hits 2.4% in Sept; Carney optimistic on US tariff talks
Canada’s inflation hit 2.4% in September, fueled by soaring grocery costs and less of a gasoline price drop. Shelter expenses also climbed significantly. Despite these pressures, economists note core inflation remains high. Prime Minister Carney is in talks with the US to ease tariffs impacting key Canadian industries and consumers, ahead of a crucial Bank […]
US stocks: Wall Street mixed as earnings season heats up; GM, Halliburton lead gains
Wall Street opened mixed as strong corporate earnings were tempered by concerns over stretched valuations. General Motors surged on upbeat results and raised forecasts, while other companies like Halliburton and Danaher also saw gains. However, tech giants like Alphabet pulled back, impacting the S&P 500. Source link
CCI clears Torrent Pharma's proposal to buy stake in JB Chemicals
”Commission approves acquisition of JB Chemicals & Pharmaceuticals Ltd by Torrent Pharmaceuticals Ltd with voluntary modifications,” the competition watchdog said in a post on X. Source link
Gold to see consolidation before next rally; Silver may outshine in 2026, say experts
After a spectacular year for bullion, analysts expect gold to consolidate before resuming its uptrend, while silver could outpace the yellow metal in 2026 as investors continue to favour hard assets amid global uncertainty. Source link
Trump tariffs: US 40% trans-shipment levy intended for China could end up hitting Asean, India
A new 40% US trans-shipment tariff is set to create significant compliance hurdles for Indian and Asean firms, particularly in electronics and machinery. Moody’s warns of potential supply chain disruptions and increased operational costs if the US adopts a broad interpretation, impacting countries like Vietnam, Malaysia, and Thailand. Source link
Gold retreats after record surge, investors await key US CPI data
Spot gold was down 3.5% at $4,203.89 per ounce, as of 09:05 a.m. ET (1305 GMT), its steepest fall since November 2020. Source link