India’s crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country’s total oil purchases, despite US pressure to curb the trade over concerns that it supports Moscow’s war effort
The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore. Illustration: Dominic Xavier/Rediff
The two-day upmove witnessed by the Nifty 50 index, across Wednesday and Friday, is set to be tested as an IPO-heavy week begins, as does the earnings season for the quarter gone by. Even though the Nifty only traded in
Gold rate today: Gold prices have witnessed a significant rally in last couple of years, surged nearly 50 per cent in just one year, outperforming Nifty index and other major indices. This parabolic rally has been driven by multiple factors,
Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore (around $2.7 billion) and taking year-to-date outflow to Rs 1.58 lakh crore ($17.6 billion). Illustration: Dominic Xavier/Rediff This marks the third consecutive month of
Marico is expected to post high single-digit volume growth in the India business in the July-September quarter. Photograph: Courtesy, Marico However, it is expected to moderate sequentially, the company said in its quarterly update on exchanges. The domestic business of
As the rally in precious metals takes centre stage in 2025, most analysts recommend a larger allocation to gold over silver despite the latter’s outperformance this year. Photograph: Arnd Wiegmann/Reuters In the current calendar year (CY25), spot gold prices in
In the medium term, corporates and vendors could move away from visa dependency, shift more work offshore and share higher cost burdens with clients. Illustration: Dominic Xavier/Rediff On September 19, the executive US presidential order to impose a one-time
Thrissur-based lender ESAF Small Finance Bank Ltd on Saturday (October 4) reported a 5.93% year-on-year (YoY) growth in total deposits, reaching ₹22,894 crore as of September 30, 2025. CASA deposits rose 13.67% YoY to ₹6,046 crore during the same period.
Japan yield curve expected to steepen on Takaichi victory Tokyo shares likely to rise, yen to fall Takaichi’s mandate seen influencing BOJ’s rate-hike policy TOKYO, Oct 4 (Reuters) – Japanese shares are expected to keep setting records even as the
