Gold futures retreated on Tuesday as traders locked in gains following a rally in the U.S. dollar and diminished prospects for further interest rate reductions by the Federal Reserve during the remainder of the year. December contracts on the Multi Commodity Exchange dropped 836 rupees, or 0.69 percent, to settle at 120,573 rupees per 10…
A majority of workers in India have shown enthusiasm about coming back to their workplaces, though many express concerns about maintaining work-life balance and managing stress, research released on Tuesday found. The 2025 JLL Workplace Preference Barometer revealed that 82 percent of Indian professionals work under policies requiring them to be present at their company…
Adani Ports and Special Economic Zone Limited posted earnings growth of 29 percent during the three months that ended in September, with after-tax income reaching 3,120 crore rupees compared with the same period one year earlier. The infrastructure operator saw revenue climb 30 percent to 9,167 crore rupees for the quarter. Earnings before interest, taxes,…
Digital payments provider MobiKwik reported a substantial increase in losses for the three months ending September, driven primarily by financial fallout from a security breach. The firm posted a consolidated net loss of 28.6 crore rupees during the period, a nearly eightfold jump from the 3.6 crore rupees lost during the corresponding quarter one year…
India’s economy appears poised to maintain robust expansion despite global headwinds, according to an analysis released on Tuesday by HSBC Global Investment Research. The firm projects growth will reach between 7.2 and 7.4 percent during the third quarter of calendar year 2025, driven by improvements across agriculture, manufacturing and construction sectors. Reductions in the goods…
Global worker satisfaction regarding compensation equity has risen as the share expressing concerns about unfair treatment dropped to 27 percent from 31 percent over the past year, according to findings released on Tuesday by human capital management firm ADP. Among 34 countries examined, India demonstrated the strongest positive sentiment, with just 11 percent of employees…
India’s jewelry trade association has urged federal authorities to modernize import regulations, provide subsidized financing for exporters, accelerate legislative changes for special economic zones, and create a national framework for manufacturing hubs. Kirit Bhansali, who leads the Gem and Jewellery Export Promotion Council, delivered these proposals during a gathering with Prime Minister Narendra Modi that…
India will introduce the third phase of its production-linked incentive program for specialty steel on Tuesday, with Heavy Industries Minister H.D. Kumaraswamy leading the ceremony. The initiative forms part of the broader Atmanirbhar Bharat self-reliance campaign and targets advanced steel manufacturing development. Federal authorities approved the program in July 2021, with 6,322 crore rupees allocated…
India has shipped its initial batch of nutrient-enhanced rice kernels to Costa Rica, marking the first time the South Asian nation has exported the fortified grain product abroad. The 12-ton shipment originated from Chhattisgarh state and represents an expansion of efforts to combat malnutrition beyond national borders while opening new opportunities for agricultural producers and…
Fitch Ratings upgraded its outlook for Adani Ports and Special Economic Zone, along with Adani Energy Solutions, from negative to stable, citing the conglomerate’s ability to secure funding from multiple sources despite legal challenges faced by group executives. The agency maintained investment-grade BBB-minus ratings for debt issued by Adani Electricity Mumbai and a subsidiary of…
