Sensex closes 640 points higher as banking stocks lead festive-season rally
Benchmark indices posted their best session in three weeks as private lenders and auto stocks gained on hopes of strong festive demand.
Business Editor
Karthik Shetty
Karthik tracks markets, MSMEs and Karnataka's industrial economy, with a focus on exports, manufacturing and policy.
Stories by Karthik Shetty
RBI keeps repo rate unchanged, signals comfort on inflation outlook
The monetary policy committee held the policy rate steady and retained its growth forecast, citing easing food prices and stable core inflation.
GST collections rise 9% year-on-year to touch ₹1.89 lakh crore in September
Karnataka remained the second-largest contributor, with collections from the state growing faster than the national average.
Gold prices hit fresh high ahead of Dhanteras; jewellers expect volume dip
Retailers in Bengaluru's Chickpet and Jayanagar are offering lightweight designs and exchange schemes to keep buyers interested despite elevated prices.
Global oil prices ease as supply concerns cool
Brent crude slipped below its recent range, offering some relief to import-dependent economies including India.
Auto sales: SUVs drive record September dispatches for carmakers
Compact SUVs and CNG variants accounted for most of the growth as dealers stocked up ahead of Dasara and Deepavali.
Japan, India sign pact on high-speed rail skills training
The agreement covers training for engineers and technicians who will operate and maintain India's first bullet train corridor.
Dubai expo draws record Indian exhibitors from textiles and coffee sector
Karnataka accounts for a large share of the Indian pavilion, with exporters from Bengaluru, Mysuru and Chikkamagaluru.
Startup India: Karnataka ranks among top states in DPIIT recognition
The state now has more than 18,000 recognised startups, with Bengaluru, Mysuru and Hubballi leading the count.