Economy

Cars, two/three-wheelers record highest-ever sales in November: SIAM

The domestic total passenger vehicles (PVs) dispatches from original equipment manufacturers (OEMs) to dealers grew by 19 per cent year-on-year (y-o-y) in November, reaching 4,12,405 units compared to 3,47,522 units in the corresponding month last year. According to monthly sales data by Society of Indian Automobile Manufacturers (SIAM), the domestic total two-wheeler dispatches also grew […]

Fed cut sparks metal rally: Gold tops Rs 1.32 lakh/10g; silver surges to fresh record — What should investors do?

Gold prices surged to fresh highs on Thursday, after the US Federal Reserve delivered its third consecutive interest rate cut, lifting global precious metal markets even as uncertainty lingered over the pace of easing next year. With domestic prices touching new records, Indian buyers are increasingly shifting toward cheaper jewellery options.Gold has jumped sharply from […]

Rupee hits new record low: Currency weakens to 90.46 versus US dollar; RBI likely intervened to stem fall

Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the […]

Fed cut sparks metal rally: Gold tops Rs 1.32 lakh/10g; silver surges to fresh record — What should investors do?

Gold prices surged to fresh highs on Thursday, after the US Federal Reserve delivered its third consecutive interest rate cut, lifting global precious metal markets even as uncertainty lingered over the pace of easing next year. With domestic prices touching new records, Indian buyers are increasingly shifting toward cheaper jewellery options.Gold has jumped sharply from […]

Amazon vows record $35 billion investment in India by 2030

Amazon is injecting a massive $35 billion into India by 2030, building on its existing investments. This significant commitment aims to fuel AI-driven digitization, boost exports to $80 billion, and create 3.8 million jobs. The tech giant plans to extend AI benefits to 15 million small businesses, accelerating India’s digital transformation and global reach. NEW […]

Asian stocks today: Markets rise as Fed delivers third straight rate cut; silver hits record high

Asian markets traded higher on Thursday after the US Federal Reserve delivered its third consecutive interest rate cut, although gains were capped as policymakers hinted they could slow the pace of future reductions.The latest quarter-point cut, bringing borrowing costs to their lowest level in three years, had already been widely expected. Investors, however, drew comfort […]

US markets pause near record levels: S&P 500 slips slightly; traders brace for Fed signals on 2026 rates

US stock market today: US equities showed little movement Wednesday morning as investors awaited the Federal Reserve’s policy announcement. S&P 500 edged down 0.1% but stayed close to its record levels, while the Dow Jones Industrial Average remained unchanged and the Nasdaq fell 0.3%. Treasury yields also showed little change as traders prepared for the […]

Infobip Reports Record Black Friday Interactions as Retailers Accelerate Shift to Richer Customer Experiences

Business Wire India Infobip, the leading global cloud communications platform for customer engagement, identified a remarkable upswing in its Black Friday messaging traffic, with use of Rich Communication Services (RCS) surging 277% on Black Friday 2025 compared to the previous year. Email also remained a strong channel of choice among both retailers and consumers, showing […]

Economy

2025 may end up as the second warmest year on record

Monthly global surface air temperature anomalies | Photo Credit: Copernicus ECMWF The year 2025 is emerging as one of the hottest years ever recorded, matching 2023 for the second warmest year, according to ECMWF’s Copernicus Climate Change Service (C3S) data. November reinforced that reality, ranking as the third-warmest on record and triggering extreme weather from […]

US market today: Wall street holds near record highs; Warner Bros bidding war lifts stocks ahead of Fed decision

US stocks hovered close to record levels on Monday as investors stayed cautious ahead of a key Federal Reserve decision, even as select stocks moved sharply on takeover news and index reshuffles.The S&P 500 was largely flat in early trade and sat about 0.3% below its all-time high set in October, while the Nasdaq Composite […]