Business

23

Oct

By The Press Editor

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Business

Rs 40 dividend stock: Accelya Solutions India shares to be in focus ahead of ex-date

Accelya Solutions India Dividend 2025: According to the information shared with the exchanges, the company has fixed October 24, 2025, as the record date for this corporate action. Mumbai: Shares of Accelya Solutions India, a smallcap in the computers - software & consulting sector, are in focus as today is the last chance for investors to buy the stock to be eligible for the final dividend of Rs 40 announced by the company. The shares open in the green at Rs 1,507.95 on the BSE against the previous close of Rs 1,500.20. It gained further to touch the intraday high…

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23

Oct

By The Press Editor

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Business

Infosys Share Price: IT stock gains nearly 5% today – Here’s why

Infosys Share Price: Shares of Infosys has a 52-week high of Rs 2,006.80, hit on December 13, 2024, and a 52-week low of Rs 1,307.10. Mumbai: Shares of IT company Infosys gained nearly 5 per cent on Thursday, October 23, 2025 following the update that promoters and promoter group would not to participate in the company's Rs 18,000 crore share buyback.  Shares of Infosys has a 52-week high of Rs 2,006.80, hit on December 13, 2024, and a 52-week low of Rs 1,307.10.  

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23

Oct

By The Press Editor

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Business

Gold jumps nearly 1% on MCX, silver also rises – Here’s why | Check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price gained around 1 per cent, trading at approximately USD 4105.9 per troy ounce. The spot gold price at 9:45 am was USD 4,090.05 per ounce, up by 39.94 points or 0.99 per cent. Mumbai: Rates of precious metals rebounded on Thursday, October 23, 2025. The gold December 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 443 or 0.36 per cent at Rs 1,22,300 per 10 grams against the previous close of Rs 1,21,857. However, it surged further to touch the…

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23

Oct

By The Press Editor

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Business

Market Opening Bell: Sensex surges 727 points, Nifty above 26,050, Infosys gains nearly 3%

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a strong start as it opened with a gain of 342.5 points at 26,265.50, compared to the previous close of 25,923. Mumbai: The Indian equity benchmark indices, the Sensex and Nifty, continued the upward momentum and started the session in the green on Thursday, October 23, 2025. While the 30-share BSE Sensex surged 727 points to start the session at 85,154.15, the Nifty gained 188.6 points to open at 26,057.20. In the last trading session, the Sensex closed at 84,426.34 and the Nifty 50 at 25,868.60. Similarly,…

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22

Oct

By The Press Editor

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Business

Gold prices drop post-Diwali: Is now the right time to buy or will rates fall further? Here’s what expert says

Gold prices in India have fallen by about 3 per cent after Diwali, trading around Rs 1,28,000 per 10 grams. Experts say the decline is a short-term correction caused by profit-booking and market adjustments, not a long-term downtrend. New Delhi: The Indian gold market has seen a sharp correction after the festive season. Just days ago, gold reached its all-time high of Rs 1,32,000 per 10 grams, but it is now trading around Rs 1,28,000 per 10 grams - a decline of nearly Rs 4,000 or 3 per cent. This sudden drop has surprised both investors and buyers, raising questions…

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22

Oct

By The Press Editor

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Business

Gold, silver prices fall: Check how far rates have dropped from their all-time high

Gold and silver prices have plunged sharply after hitting lifetime highs earlier this week. Gold has fallen over 6 per cent globally and around Rs 4,300 in India, while silver prices have dropped nearly 12 per cent from their peak. New Delhi: Gold prices continued to slide in the global market on Wednesday, extending the sharp fall seen earlier this week. On Tuesday, the yellow metal registered a massive drop of over 5 per cent - the biggest single-day decline in nearly five years since August 2020. As of Wednesday, spot gold was trading 0.4 per cent lower at USD…

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22

Oct

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Business

Are banks closed on October 22 for Govardhan Pooja? Check city-wise details

Is today a bank holiday? The holiday in these cities has been declared under the central bank's Negotiable Instruments Act. New Delhi: Banks will remain closed in several parts of the country on Wednesday, October 22, to mark various festivals associated with Diwali, as per the region-wise holiday list issued by the Reserve Bank of India (RBI). Bank holiday for Diwali 2025: Region-wise schedule Banks in Ahmedabad, Belapur, Bengaluru, Dehradun, Gangtok, Jaipur, Kanpur, Lucknow, Mumbai, and Nagpur will remain closed on Wednesday, October 22, in observance of Diwali, Vikram Samvant New Year Day, Govardhan Pooja, Balipadyami, and Laxmi Puja. Diwali,…

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21

Oct

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Business

Get flat in Delhi’s tallest tower: DDA to begin registration for Housing Scheme 2025 on this date – Details

According to the DDA, successful bidders will have to pay 75 per cent of the flat price upfront and the remaining 25 per cent by July 2026, when they are expected to take possession. New Delhi: There's a golden opportunity to buy a flat in Delhi. The Delhi Development Authority (DDA) has launched a 48-story premium residential project called DDA Towering Heights in Karkardooma, East Delhi. Property bookings under this scheme will begin on October 31, 2025. If you want to buy a new flat, here are all the details you need. DDA Housing Scheme 2025: Flat size, cost According…

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21

Oct

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Business

Reserve Bank of India sold USD 7.7 billion in August – Here’s why

The RBI's stated stance is that it does not target any level or range for the rupee-dollar exchange rate, but only intervenes in the foreign exchange market when there is extreme volatility. New Delhi: The Reserve Bank of India (RBI) sold $7.7 billion in August to control the ongoing exchange rate fluctuations and arrest the rupee's fall against the US currency. According to the US dollar sales/purchases data published in the RBI's latest bulletin, the Reserve Bank of India's net US dollar sales in August stood at $7.69 billion, almost three times that of the previous month. According to the…

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21

Oct

By The Press Editor

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Business

Grand Diwali: India’s festive sales cross record Rs 6 lakh crore, creates 50 lakh temporary jobs

Mainline retail - particularly non-corporate and traditional markets - contributed 85 per cent to the total trade, underscoring a powerful comeback of India's physical markets and small traders. New Delhi: India's Diwali sales soared to a record Rs 6.05 lakh crore, according to the traders' lobby CAIT. This comprised Rs 5.40 lakh crore in goods and Rs 65,000 crore in services, representing a considerable increase from last year's Rs 4.25 lakh crore. The Confederation of All India Traders (CAIT) attributes this surge to the recent GST reform and strong consumer confidence. Notably, traditional and non-corporate physical markets powered this boom,…

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