Small SUVs are surging in popularity, capturing over 30% of passenger vehicle sales post-tax cuts, as buyers opt for higher variants. While hatchbacks see a dip, industry leaders debate whether the growth is driven by SUV preference or a revival of demand among first-time buyers upgrading from two-wheelers. Maruti Suzuki highlights strong bookings for their […]

Indian stock markets, including the NSE and BSE, will be closed on Wednesday, November 5, in observance of Guru Nanak Jayanti. Trading will resume on Thursday, November 6, following the regular Monday-to-Friday schedule. This holiday marks the 556th birth anniversary of Guru Nanak Dev Ji, the founder of Sikhism.

China will extend the suspension of a 24% tariff on American goods for another year, while maintaining a 10% general tariff. This move, effective November 10, follows recent trade talks and a previous agreement between Presidents Xi Jinping and Donald Trump.

Reliance Industries has significantly reduced its crude oil imports from Russia, anticipating a complete halt from sanctioned entities by November 21. This strategic shift aims to comply with Western sanctions and maintain access to US and European markets. The company is increasing imports from the Middle East and the US to compensate for the reduced

America faces an unprecedented government shutdown, now the longest in history, crippling federal agencies and impacting millions. Essential services like food aid are suspended, and federal workers are unpaid, raising concerns about travel chaos and potential benefit disruptions. A bitter dispute over healthcare funding fuels the political stalemate, with no resolution in sight and growing

Asian markets saw mixed trading as investors grappled with a tech rally fueled by AI spending, sparking fears of a bubble. Wall Street’s tech gains weren’t mirrored in Asia, with mixed results across major exchanges. Cautious sentiment also stemmed from Federal Reserve officials’ varied signals on future interest rate adjustments, adding to market uncertainty.

Stock markets, including NSE and BSE, will be closed on Wednesday, November 5, for Guru Nanak Jayanti. This holiday will halt trading across all segments. Normal operations will resume on the following working day. The markets opened on a muted note Tuesday, with Nifty50 and BSE Sensex trading flat.

Investment app Groww’s much-anticipated IPO opened Tuesday, aiming to raise Rs 6,632 crore with a price band of Rs 95-100. The company secured over Rs 2,984 crore from anchor investors. Analysts suggest subscribing for the long term, citing strong fundamentals and India’s low demat penetration, despite regulatory risks.

Gold Monetisation Scheme offers interest on deposited gold, transforming it into a productive asset. However, low uptake is attributed to sentimental value. For those seeking liquidity without losing ownership, gold loans provide an accessible alternative, allowing borrowers to retain their jewellery while unlocking its value.

Indian Railways is gearing up for the Vande Bharat sleeper train launch, but quality concerns regarding furnishings and craftsmanship have surfaced. The Railway Board has identified several deficiencies, urging immediate remedial actions and design enhancements for future rakes.