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Gold futures extend losses for 4th day ahead of Fed rate decision

October 29, 2025
Finance

New Delhi, Oct 29, (PTI) Gold futures slipped Rs 176 to Rs 1,19,470 per 10 grams on Wednesday, as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision later in the day. Extending the losses for the fourth straight session, gold futures for December delivery fell by Rs 176, or 0.15 per cent, to Rs 1,19,470 per 10 grams, in a business turnover of 13,116 lots on the Multi Commodity Exchange (MCX). However, silver futures staged a rebound on value buying. The white metal for December delivery rose by Rs 451, or 0.31 per cent, to Rs

Cyclone Montha weakens after battering India’s eastern coast with rain and wind

October 29, 2025
General

NEW DELHI, October 29, 2025 (AP) — Cyclone Montha was weakening Wednesday after battering India’s eastern cost with torrential rains and gusty winds as relief teams raced to restore power and clear debris across southern Andhra Pradesh and neighboring Odisha state. The storm made landfall with top sustained winds of 100 kph (62 mph) late Tuesday night near the port city of Kakinada in Andhra Pradesh, uprooting trees, damaging roads and flooding low-lying villages before losing some strength as it moved inland. The storm was likely to move northwest across coastal Andhra Pradesh and southern Telangana state as it weakened

Rupee trades in narrow range against US dollar in early trade

October 29, 2025
Finance

Mumbai, Oct 29 (PTI) The rupee traded in a narrow range against the US dollar in early trade on Wednesday, as the support from positive domestic equities was negated by month-end dollar demand. Forex traders said the main factors influencing the rupee are geopolitical developments. Moreover, the Reserve Bank of India has also been intervening on both the buy and sell sides to keep the rupee within a range of 87.50 to 88.50, they said. At the interbank foreign exchange market, the rupee opened at 88.21, and touched an early low of 88.34 and a high of 88.18 against the

Stock markets rebound in early trade on US Fed rate cut hopes, fresh foreign fund inflows

October 29, 2025
Finance

Mumbai, Oct 29 (PTI) Stock market benchmark indices Sensex and Nifty bounced back in early trade on Wednesday, tracking a rally in global peers, amid hopes of a rate cut by the US Federal Reserve and fresh foreign fund inflows. The 30-share BSE Sensex climbed 287.94 points to 84,916.10 in early trade. The 50-share NSE Nifty went up by 86.65 points to 26,022.85. From the Sensex firms, Asian Paints, Tata Steel, Trent, Larsen & Toubro, State Bank of India and Adani Ports were among the major gainers. However, Mahindra & Mahindra, Bajaj Finance, Eternal and Axis Bank were among the

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The Sen Times news, The division of Sen Times Group Pvt Ltd, is India's largest bureaucracy news provider, reaching millions of people in India every day. The Sen Times provides business, financial, national and corruption news to the bureaucrats and government employees. Sen Times Group Pvt Ltd is a not-for-profit organization with no corporate parent, no shareholders and no government influence. Our mission is journalism, not profit margins.

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