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Rising investor gold demand offsets lower jewellery buying in Q3: WGC

Total demand for gold, including opaque OTC trading, rose 5 per cent to 1,313 tons, a record for a third quarter, the WGC said

India's biggest IPOs of 2024: Swiggy, Ola, Hyundai Motor India, more

About 270 companies have raised over $12.57 billion through IPOs in India so far this year, well above the $7.4 billion raised in all of 2023, LSEG data shows

Ambani's Reliance plays catch-up to ride quick commerce wave in country

Reliance plans to leverage its 3,000 supermarkets in 1,150 cities for quick deliveries by deploying small teams operating from dedicated kiosks inside

RBI to cut rates in Dec to 6.25%, say narrow majority of economists: Poll

The central bank has held interest rates at their highest since early 2019 for the past 10 meetings

Asia shares stumble on China headwinds; gold and bitcoin buoyant

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.22 per cent in early trade, tracking a decline in Chinese assets

Hezbollah names Naim Qassem as leader; Israel says he won't last long

"Temporary appointment. Not for long," Israel's Defence Minister Yoav Gallant posted on X with a photo of Qassem

Eyeing US election, China considers over $1.4 trillion in extra debt

The spending plans suggest that Beijing has switched into a higher stimulus gear to prop up the economy although it's still not the 2008-like bazooka that some investors have been calling for

OpenAI builds first chip with Broadcom, TSMC; scales back foundry ambition

OpenAI, which helped commercialize generative AI that produces human-like responses to queries, relies on substantial computing power to train and run its systems

Workers launch nationwide strike in Germany demanding higher wages

The strikes by unionised workers in the nearly 4-million strong electrical engineering and metal industries hit companies such as Porsche AG, BMW and Mercedes

Saudi Arabia's sovereign wealth fund plans to cut overseas investments

The sovereign wealth fund is the main vehicle for Crown Prince Mohammed bin Salman's plans to steer the Saudi economy away from oil

India's festive gold buying spree continues, defying record price

Indians were celebrating Dhanteras on Tuesday, a day considered auspicious for buying gold and one of the busiest gold-buying days in India

Honeywell Automation Q2 results: Net profit falls 5.6% to Rs 115 crore

Analysts have said that Indian exporters are bearing the brunt of increased shipping costs due to the Red Sea crisis

Concor Q2 results: Net profit up 9% at Rs 526 cr on higher cargo volume

The state-run logistics company's consolidated profit before tax rose to Rs 526 crore ($62.6 million) for three months ending Sept. 30 from Rs 482 crore a year ago

PayPal expects Q4 revenue below estimates as profit push puts growth behind

Efficiency has been a focal point for PayPal as CEO Alex Chriss, who took the helm last year, pushes for cost discipline through job cuts and higher investments in automation and AI

China President Xi urges govt officials to push for reform, meet targets

Xi also called on the provinicial officials to meet the country's annual economic and social development targets within the next two months

McDonald's global sales fall more than expected on muted demand: Report

McDonald's CEO Chris Kempczinski said the company was focused on affordability as customers continue to be mindful about spending

US election uncertainty, rate cut bets pin gold near record high levels

U.S. gold futures gained 0.2% to $2,760.80

RBI's domestically-held gold reserves jump 510.46 MT by end-September

As of end-September, the Reserve Bank of India (RBI) held 854.73 metric tonnes of gold, compared to 822.10 metric tonnes at the end of March

BP profit slumps to $2.3 bn on weak refining margins, oil trading results

The decline was smaller than expected amid a slowdown in global economic activity and oil demand, particularly in China

SBI Card Q2 results: PAT drops 33% to Rs 404 cr as bad loan provisions rise

SBI Card, backed by India's largest lender State Bank of India, said that write-offs and provisions for bad loans jumped 63 per cent to Rs 1,212 crore for the quarter