Page 1805 - Latest News
Gold stays above $4,000 as silver tops $50 for first time amid rally
Silver, spurred by momentum in the gold market, strong investment demand and an ongoing supply deficit, breached the psychological barrier of $50 per ounce for the first time
 "Gold stays above $4,000 as silver tops $50 for first time amid rally")
Multiple demand triggers to keep sales trajectory strong for Cummins India
Early product launches and reliable aftermarket support make the company a market leader
 "Multiple demand triggers to keep sales trajectory strong for Cummins India")
TCS headcount drops to less than 600k due to restructuring and layoffs
This is the first time in many years that India's largest IT service provider had such a steep drop in headcount and comes after it announced laying off about 12,260 employees in July
 "TCS headcount drops to less than 600k due to restructuring and layoffs")
Pharma stocks rise as US considers exempting generics from tariffs
Among major gainers, Aurobindo Pharma led the rally, surging 4.49 per cent to Rs 1,118.9, followed by Lupin, which climbed 2.73 per cent to Rs 1,957.6
 "Pharma stocks rise as US considers exempting generics from tariffs")
India sees fourth largest fund raise globally via IPOs in 2025
Of the 161 IPOs that have listed so far over the last 21 months have delivered an average of 22 per cent listing gains, Bernstein said, with over 53 per cent of these having given double-digit gains
 "India sees fourth largest fund raise globally via IPOs in 2025")
FPIs trim exposure to healthcare, IT sectors amid US policy shifts
Trend could act as 'safety valve' for Indian market and prevent excessive valuation, says one analyst
 "FPIs trim exposure to healthcare, IT sectors amid US policy shifts")
Drug regulator begins pan-Indian inspection of cough syrup makers
No state has fully complied with Corrective and Preventive Action (CAPA) guidelines, introduced for ensuring safety and maintaining standards in pharma products
 "Drug regulator begins pan-Indian inspection of cough syrup makers")
Trump wants Israel hostages freed by Mon-Tues, will attend signing ceremony
Trump opened a White House Cabinet meeting by discussing a deal reached on Wednesday under which the hostages held by Hamas militants are to be released in the first phase of a broader Gaza plan
 "Trump wants Israel hostages freed by Mon-Tues, will attend signing ceremony")
Recent RBI policies to help banks stay at equilibrium: K V Kamath
Jio Financial Services Chairman K V Kamath says RBI's latest measures will restore equilibrium in bank lending and boost corporate credit growth
 "Recent RBI policies to help banks stay at equilibrium: K V Kamath")
India, UK can set benchmarks for inclusion, trust: RBI Governor Malhotra
Malhotra highlighted that both the United Kingdom and India rank among the top jurisdictions in terms of the number of fintech startups and the scale of investments flowing into the sector
 "India, UK can set benchmarks for inclusion, trust: RBI Governor Malhotra")
Asset split in divorce: Courts presume equal ownership of joint assets
They increasingly recognise the wife's non-monetary contributions such as homemaking and childcare when dividing assets
 "Asset split in divorce: Courts presume equal ownership of joint assets")
US sanctions 50 entities, including Indian firms, over Iran oil trade
The US Treasury has sanctioned over 50 individuals, companies, and vessels, including Indian firms, for facilitating Iranian oil and LPG exports to China, Pakistan, and other countries
 "US sanctions 50 entities, including Indian firms, over Iran oil trade")
Prestige Estates' strong H1 puts it on course to top FY26 guidance
Realty major Prestige Estates' record H1 sales and strong Q2 demand boost investor confidence as brokerages expect it to exceed its FY26 sales guidance
 "Prestige Estates' strong H1 puts it on course to top FY26 guidance")
Delhi HC dismisses Roche's plea, allows Natco to sell generic Risdiplam
A division bench comprising Justices C Hari Shankar and Ajay Digpaul upheld a March 2025 single-judge bench order that had denied Roche an injunction
 "Delhi HC dismisses Roche's plea, allows Natco to sell generic Risdiplam")
Fadnavis unveils Maharashtra's ₹50 trillion asset tokenisation plan
The Maharashtra CM said the state aims to become India's first "tokenised state" by digitising real-world assets to unlock Rs 50 trillion in dormant capital
 "Fadnavis unveils Maharashtra's ₹50 trillion asset tokenisation plan")
Coventry University in talks with Edu Ministry for more India campuses
The UK-based university, which got approval for its first Indian campus in Gujarat's Gift City, plans further expansion under India's National Education Policy 2020
 "Coventry University in talks with Edu Ministry for more India campuses")
Life insurers' new business premium rises 14.8% in September 2025
Robust group segment performance led by LIC and private players drives 14.8 per cent year-on-year growth in new business premium for life insurers
 "Life insurers' new business premium rises 14.8% in September 2025")
Bihar Elections: Prashant Kishor's Jan Suraaj Party unveils 51 candidates
The Jan Suraaj Party, led by political strategist Prashant Kishor, has announced its first list of 51 candidates for the Bihar Assembly elections, featuring academics, artists, and retired officials
 "Bihar Elections: Prashant Kishor's Jan Suraaj Party unveils 51 candidates")
India, UK say will strengthen air defence, develop naval propulsion systems
A joint statement says UK will supply some missile systems, while both countries will cooperate in developing maritime electric propulsion systems for Indian Navy vessels
 "India, UK say will strengthen air defence, develop naval propulsion systems")
Karisma Kapoor's children seek status quo on late father's will assets
Third-party rights assets refers to a situation where a person or entity not a direct party to the Will (a third party) asserts a right to assets intended to be bequeathed by that Will
 "Karisma Kapoor's children seek status quo on late father's will assets")