Coal India's Q2 Profit Soars 57% to ₹6,547 Crore Amidst Robust Revenue Growth - State-owned Coal India Limited (CIL) has announced a significant surge in its consolidated net profit, reaching ₹6,547 crore in ... Get Latest News on Business only on lokmattimes.com

Gold, Silver Prices Decline Sharply Amid Rising Crude Oil and Inflation Fears - New Delhi: Gold and silver prices witnessed a significant weekly decline, with gold dipping 3.28 percent and silver falling ... Get Latest News on Technology only on lokmattimes.com

Government Extends Duty-Free Sugar Imports Till December 31 to Stabilize Prices - The government has extended the deadline for duty-free imports of one million tonnes of raw sugar under the Tariff ... Get Latest News on National only on lokmattimes.com

Jindal Stainless' Q2 Profit Jumps 11.1% to ₹898 Crore Amidst Revenue Growth - New Delhi: Jindal Stainless Limited (JSL) has reported a robust 11.1% increase in its consolidated net profit for the ... Get Latest News on Business only on lokmattimes.com

Tesla's Q3 Profit Drops 44%, Revenue Stays Flat Amidst Merger Talks - Electric vehicle giant Tesla has reported a significant 44% drop in its net income for the third quarter, even ... Get Latest News on Technology only on lokmattimes.com

Gold and silver futures rose in early trade on Monday, buoyed by firm global cues and easing concerns over Federal Reserve rate hikes. Indian gold futures were up 0.13 per cent at an intraday low of Rs 148,120. Remarks by Fed officials pushed the implied probability of an October rate increase below 20 per cent, while strong producer price data kept December hike expectations alive. COMEX gold recovered above $4,200 and silver climbed to near $57.80, with both outpacing gold.

Gold Prices May Cross Rs 2 Lakh per 10 Grams in India as Central Banks Increase Purchases, Global Demand Rises - The report stated that fund managers expect gold prices to rise as investors seek safe-haven assets amid concerns over economic instability and currency depreciation. Central banks' gold purchases have also emerged as a key factor influencing the precious metal's future price movement. Get Latest News on Business only on lokmattimes.com

India’s government said average retail sugar prices have fallen 15% from their August peak, while ex-mill prices are down about 28% and have stayed steady for the past three weeks. To ensure supply during the festive season, authorities will impose stricter stockholding norms for sugar dealers from October 15 through November 30, 2026. The government said the changes are intended to curb hoarding and could put further downward pressure on prices.

Gold prices fell nearly 2% over the week as stronger-than-expected US inflation data and rising expectations of a Federal Reserve rate hike damped demand. Over the same period, WTI crude climbed above $104 a barrel amid geopolitical tensions, rising 9.6% on the week and adding to inflation pressure. The US August CPI rose 3.4% year on year, while higher energy costs further reduced gold’s appeal.