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Elections 2026Economy / IBTimes
Gold of 99.9 percent purity fell by Rs 200 to Rs 1,49,600 per 10 grams, according to local traders. The yellow metal had closed at Rs 1,49,800 per 10 grams in the previous session.
The Sensex rose 685.34 points, or 0.95 per cent, to settle at 73,067.81, while the Nifty advanced 220.35 points, or 0.98 per cent, to close at 22,776.10.
Senior Tata Trusts trustees have accused Venu Srinivasan and Vijay Singh of breaching duties by supporting Tata Sons' listing against board resolutions.
Sensex opened 126 points higher and Nifty rose to 22,603 as private banks led gains. Positive global cues supported sentiment, while FII selling and US bond yields kept risks high.
Taking charge on October 27, 2026, Bagchi will need to balance fresh strategic thinking with HDFC Bank's conservative, process-driven culture. His priorities include boosting deposits and profitability, improving technology and customer experience, rebuilding trust and retaining talent.
December gold futures on MCX were trading at 1,49,184 per 10 grams, down 0.8 per cent, while silver was at 2,26,340 per kg, up 0.2 per cent. Analysts said gold faces resistance around 1,51,000-1,51,600, while silver is showing stronger momentum above the 2,24,000 support zone.
Commerce Minister Piyush Goyal seeks to expand India-Nike collaboration in manufacturing, local sourcing, and sports ecosystem after US meetings.
IndiGo has increased fuel surcharges on all flights starting October 6 due to a sharp rise in aviation turbine fuel prices.
SEBI Chairman Tuhin Kanta Pandey cautions investors to avoid anonymous tips by finfluencers as India's capital markets grow deeper and broader.
Rupee slipped to 96.26 against the US dollar as lofty oil prices and foreign outflows weighed. RBI intervention limited losses, with its policy decision in focus for forex markets.
The RBI's three-day MPC meeting started to decide on a possible repo rate hike amid rising inflation and crude prices above $100 a barrel.
Finance Minister Sitharaman announces next GST reform phase to ease compliance and support PM Modi's vision of a developed India.
Indian markets opened higher as Sensex rose over 400 points and PSU banks led gains. Softer US jobs data lifted sentiment, while RBI policy and foreign selling remain in key focus.
Indian equity markets faced an eighth week of decline amid foreign fund outflows and rising crude prices, but technicals hint at short-term recovery.
The AI boom could significantly improve productivity and reshape the way businesses operate, but it may also create a painful labour-market transition. Routine and entry-level roles could face greater pressure, making reskilling and AI literacy increasingly important.
Adani Skills and Education launched a Green Energy Centre at Kachchh University to train over 10,000 students annually in renewable energy technologies.
GST Council meeting is expected to discuss proposals to decriminalise certain GST offences, including removing the power of tax officials to arrest taxpayers during investigations. The Law Committee has also recommended raising the prosecution threshold from 5 crore to 10 crore and reducing jail terms for less serious offences.
India's National Supercomputing Mission has deployed 40 supercomputers to enhance AI, weather forecasting, and scientific discovery.
A strengthening El Nio could bring warmer and potentially drier winter conditions in India, affecting rabi crops such as wheat, mustard and pulses. While this does not mean winter will disappear, unusual temperatures and low soil moisture could hurt crop yields, tighten supplies and push food prices higher.
Nayara Energy raised petrol prices by Rs 5 per litre and diesel by Rs 3 across over 7,000 outlets due to rising global crude costs.
Indian equities could remain flat or decline in October due to global headwinds following a sharp September sell-off.
FSSAI has directed The Lalit hotel to halt sale of unsafe Nestle Low Fat Dairy Whitener found substandard in lab tests.
Gold prices declined in Mumbai, Delhi, Bengaluru and Chennai on October 3, with 24K gold priced at 14,918 per gram in Mumbai, Bengaluru and Chennai, while Delhi recorded 15,046 per gram. Silver was priced at 235 per gram in Mumbai, Delhi and Bengaluru, while Chennai recorded 245 per gram.
Coimbatore can expand its Global Capability Centres from 75 to nearly 200 by 2032 due to its strong engineering talent and industrial ecosystem.
Ladakh has taken a major step towards promoting commercial floriculture as Lieutenant Governor Vinai Kumar Saxena flagged off the first air consignment of 15,000 A-grade Lilium stems from Leh to national markets. Cultivated at an altitude of 10,600 feet, the flowers will be marketed in Delhi, Mumbai and Chandigarh, with the initiative aimed at creating sustainable livelihoods and new economic opportunities in the region.

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