Sunday, October 18
After a tense week in the shadow of war, businesses along the India-Pakistan border are returning to normalcy with the two sides having decided to halt military operations, The Times of India reported on May 15. Many businesses are reopening and employees are gradually returning to their workplaces in these regions. However, companies that have extensive manufacturing and operational processes are proceeding with caution, ensuring they can adapt quickly and implement safety protocols if necessary.They are closely monitoring instructions from local authorities as well as the prevailing conditions in the area, ToI's report (by Asmita Dey) said.Despite the ceasefire, reports indicate that there were instances of drone intrusions in several border regions on Monday night, which led to power o
Amid the cooling off of safe haven buying in the precious metals, Gold June futures contracts at MCX have fallen significantly by Rs 7,900 from their high of Rs 99,358/10 grams. In Thursday's session, the same touched an intraday low of Rs 91,461/10 grams, falling by Rs 804 or 0.97%.Meanwhile, silver July futures also mirrored a similar sentiment as they were trading 1.06% lower, or down by Rs 1,011 at Rs 94,455/kg.On Wednesday, gold and silver settled on a weak note in the domestic and international markets. Gold June futures contract settled at Rs 92,265 per 10 grams with a loss of 1.48% and silver July futures contract settled at Rs 95,466 per kilogram with a loss of 1.34%.Gold and silver prices were unable to hold their previous session's gains and plunged again amid easing safe-haven
Shares of Raymond Ltd hit the 5% upper circuit at Rs 584.25 on the BSE Thursday, gaining sharply after the company concluded the demerger of its real estate arm, Raymond Realty, as part of a broader strategy to unlock value through standalone verticals.The surge follows the completion of the demerger on May 1 and the record date on Wednesday, May 14, which determined eligible shareholders who will receive one share in Raymond Realty for every share held in Raymond Ltd. The newly carved-out entity is expected to list separately on the NSE and BSE by the September quarter of FY26.“We are delighted to announce the successful demerger… This strategic move emphasizes our commitment to drive sustainable growth via pure play business,” said Chairman and Managing Director Gautam Hari Singhan
