Business

SBI expands bullion footprint: Bank joins India International Bullion Exchange as special category client; aims to boost transparency & efficiency

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State Bank of India has made its first gold trade on the India International Bullion Exchange. This move marks a significant step in improving India’s ...

Berkshire Hathaway Q3 results: Profit jumps 17% to $30.8 bn as Buffett readies exit; Greg Abel set to take charge amid $381 bn cash pile

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Warren Buffett’s Berkshire Hathaway saw a significant 17% profit jump, fueled by a robust insurance sector and strong investment returns. Despite the legendary investor’s upcoming ...

Chip export thaw: China exempts some Nexperia products from ban; signals easing with Europe

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China has partially eased tensions with European businesses by exempting certain Nexperia semiconductor products from an export ban. This move follows a dispute with Dutch ...

Coal revival drive: ECL reopens two closed mines under MDO model; aims to cut losses and lift output

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Eastern Coalfields Ltd (ECL) has reopened two previously closed mines, Gopinathpur and Chinakuri, under the Mine Developer and Operator (MDO) revenue-sharing model. This strategic move ...

Coal output trend: Coal India production drops 9.8% in October; offtake weak amid post-monsoon slowdown

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Coal India Limited experienced a nearly 10% drop in production during October, reaching 56.4 million tonnes, as operations faced a slump due to weak demand ...

Energy demand trends: Power consumption dips 6% to 132 billion units in October; unseasonal rains and cooler weather curb usage

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India’s power consumption saw a 6% drop in October, reaching 132 billion units, primarily due to unseasonal rains and an early winter. This cooler weather ...

GST revenue momentum: Collections rise 4.6% to Rs 1.96 lakh crore in October; festive demand offsets impact of rate cuts

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India’s GST collections reached approximately Rs 1.96 lakh crore in October, a 4.6% year-on-year increase driven by strong festive demand and pent-up consumption. This growth ...

US-China trade ties: Trump says talks with Xi ended with ‘great success’ — But will it revive their economies?

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US and China have reached a provisional trade deal, easing tariffs and pausing export curbs. While hailed as a success, the agreement may be too ...

Attention FASTag users! NHAI rolls out new rules for KYV process; here’s what has changed

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The National Highways Authority of India has simplified the FASTag Know Your Vehicle (KYV) process, ensuring services remain active during pending verification. Motorists now only ...

‘Alerted everyone’: US treasury secy Scott Bessent slams China over rare earth controls; calls it a ‘real mistake’

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US Treasury Secretary Scott Bessent criticized China’s rare earth export restrictions as a “mistake” that “weaponized” the vital minerals. Beijing’s move alerted the world to ...
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