Indian companies have secured licenses to import rare earth magnets from China, following US-China trade talks. The agreement aims to de-escalate the trade war, with Washington reducing tariffs and Beijing ensuring critical rare earth supplies. This development is being closely monitored for its impact on India’s domain.
New banking regulations starting November 1, 2025, will allow up to four nominees for bank accounts and safety lockers. SBI Card is also updating its fee structure for education payments and wallet reloads. Additionally, PNB is reducing locker rent, and government pensioners have extended deadlines for life certificate submissions and NPS transitions.
India’s gold demand saw a 16% dip in Q3 2025, with record prices curbing jewellery sales despite a 20% surge in investment buying. Jewellery demand fell 31% by volume, yet its value held steady. This shift highlights a growing preference for gold as a long-term asset, with early signs of recovery expected for the festive…
India and the US are continuing discussions to finalize a trade deal, with US President Trump hinting at an imminent agreement. The proposed deal reportedly includes reducing US tariffs on Indian exports and India decreasing Russian oil imports while increasing energy purchases from the US.
Gold ETFs have seen a remarkable 53% surge in 2025, prompting experts to advise investors to view gold as a hedge against inflation and uncertainty, not a trading bet. While the long-term outlook remains positive, those with over 8-10% portfolio allocation are recommended to book partial profits. A recent dip of nearly 9.
India is carefully reviewing the impact of new US sanctions on Russian oil companies. The nation reiterated its commitment to securing affordable energy for its 1.4 billion people, prioritising national interests and diverse sourcing. Meanwhile, US President Donald Trump said India’s been “very good” in efforts to reduce Russian oil imports.
HMEL, a joint venture involving Lakshmi Mittal and HPCL, has halted Russian crude oil imports due to new Western sanctions. The company stated this suspension is pending outstanding orders and cited restrictions from the US, EU, and UK. HMEL clarified it buys oil on a delivered basis, lacking visibility over intermediate vessel movements and denied…
Vodafone Idea’s stock plunged after the Supreme Court’s written order clarified that relief on adjusted gross revenue dues was limited to a specific Rs 9,450 crore demand. Hopes for a broader waiver of penalties and interest, crucial for the debt-laden firm’s survival, were dashed, impacting investor sentiment and share prices.
