President Trump declared his proposed 100% tariff on Chinese goods unsustainable, blaming Beijing’s unfair practices for forcing his hand. He accused China of years of exploitation and stated that only strength is respected. Despite this, a potential tariff pause was hinted at, with 85 senators reportedly backing up to 500% tariffs on Chinese purchases of…
Gold prices are surging, potentially reaching $4,500 per ounce due to central bank purchases, geopolitical risks, and Asian demand. Silver is outperforming gold, driven by industrial applications and supply deficits. Both metals are expected to see continued strength, with gold forecast to hit Rs 1.35 lakh per 10 grams in India.
Indian mutual funds hit a record Rs 75.61 lakh crore in AUM by September 2025, fueled by strong equity and fixed income growth. SIPs also surged, indicating rising investor confidence. Unique accounts grew, with direct plans gaining traction. While debt funds saw outflows, hybrid and gold ETFs attracted inflows, showcasing diversification.
Indian pharmaceutical companies are exploring opportunities to establish production facilities across Russia, with productive negotiations underway for joint ventures. This move aims to leverage India’s expertise and Russia’s market potential, fostering self-sufficiency in pharmaceuticals and other key sectors through complementary strengths.
Amidst global economic turmoil, the IMF urges world leaders to ‘buckle up’ with a four-pronged strategy. This involves building fiscal buffers, strengthening trusted institutions, deepening trade ties, and fostering private sector innovation through technology adoption and infrastructure investment. The IMF also revised growth forecasts upwards, noting less severe impacts from trade tensions than initially feared.
Indian Railways braces for a surge in passengers during Diwali and Chhath, especially in Northern India. Securing Tatkal tickets remains a challenge due to high demand. Advance preparation, utilizing IRCTC’s master list, quick payment options, and exploring alternative trains are key strategies for travelers. The article outlines a step-by-step booking process for Tatkal tickets.
Gold and silver prices have surged to unprecedented levels ahead of Dhanteras, driven by concerns over U.S. regional bank credit stress and a weakening dollar. Gold futures reached Rs 1,30,005 per 10 grams, while silver futures hit Rs 1,67,999 per kilogram. Experts predict further long-term gains for both precious metals.
Spirit Airlines is furloughing 365 pilots and downgrading 170 more in early 2026 as part of a restructuring plan. The airline aims to cut $100 million in pilot expenses and reduce its operating fleet. These measures are expected to save $211 million and are part of a broader strategy to return to profitability by 2027.
US Treasury Secretary Scott Bessent labelled a senior Chinese trade official ‘unhinged’ and a ‘wolf warrior’ for aggressive behaviour during what he claimed was an uninvited visit to Washington. China’s Commerce Ministry refuted the claims, stating the visit aimed for discussions following presidential talks.
