Friday, October 31

Business

Crude oil futures gain on spot demand
Business, News

Crude oil futures gain on spot demand

New Delhi, Crude oil prices rose by Rs 36 to Rs 5,562 per barrel in futures trade on Monday as traders increased the size of their deals following strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for October delivery rose by Rs 36 or 0.65 per cent to Rs 5,562 per barrel in a business of 8,064 lots. Analysts said crude oil prices rose in futures trade as traders increased the size of their deals. Globally, West Texas Intermediate crude was trading 0.38 per cent higher at $62.93 per barrel in New York, while Brent crude rose 0.36 percent to $67.23 per barrel.
HMD strengthens market play with Vibe 5G launch, expands 4G lineup ahead of festive demand
Business

HMD strengthens market play with Vibe 5G launch, expands 4G lineup ahead of festive demand

HMD has announced three new additions to its India lineup — the HMD Vibe 5G, HMD 101 4G, and HMD 102 4G — strengthening its presence across both smartphone and feature phone categories. The highlight of the launch is the HMD Vibe 5G, priced at a special festive offer of ₹8,999. Positioned as an affordable gateway to next-gen connectivity, the device features a 6.67-inch HD+ display with 90Hz refresh rate, a 50MP dual rear camera, 5000mAh battery with 18W fast charging, and Android 15. Powered by a Unisoc T760 processor with 4GB RAM (expandable via virtual RAM), it supports 9 5G bands and comes with a one-year replacement guarantee. HMD also introduced the HMD 101 4G (₹1,899) and HMD 102 4G (₹2,199), catering to users who prefer simplicity with modern essentials. Both models offer dual ...
TCS Rural IT Quiz 2025 launches, bring technology awareness closer to students in smaller towns
Business

TCS Rural IT Quiz 2025 launches, bring technology awareness closer to students in smaller towns

Tata Consultancy Services (TCS), in partnership with the Department of Electronics, IT & BT, Government of Karnataka, has launched the 26th edition of its popular TCS Rural IT Quiz. Designed for students from Classes 8 to 12 in smaller towns and districts, the quiz encourages young learners to explore the role of technology in everyday life. Recognized by the Limca Book of Records as India’s first IT quiz for rural students, the program has engaged over 21.5 million participants since 2000. The 2025 edition, part of Bengaluru Tech Summit 2025, will feature online tests, virtual rounds, and physical quiz competitions, covering IT applications in banking, education, entertainment, AI, cloud computing, robotics, gaming, and social media. Eight regional finals will determine participan...
HFCL increase 4.5% after defence manufacturing facilities in Andhra Pradesh are approved
Business, News

HFCL increase 4.5% after defence manufacturing facilities in Andhra Pradesh are approved

Shares of HFCL gained over 4% on Friday, September 12, after the State Investment Promotion Board approved the acquisition of 1,000 acres of land in Andhra Pradesh for setting up defence manufacturing facilities. The Andhra Pradesh Industries and Commerce Department has announced that the State Investment Promotion Board has approved the company's proposal to acquire 1,000 acres of land in Madakasira mandal of Sri Sathya Sai district for setting up defence manufacturing facilities. In the first phase, Andhra Pradesh Industrial Infrastructure Corporation Limited (APIICL) will provide 329 acres of land. Further, in the next phase, another 671 acres of land will be allotted. The proposed facilities will manufacture artillery shells, TNT-filled warheads, multi-mode hand grenades and ...
Copper futures increase on spot demand
Business, News

Copper futures increase on spot demand

New Delhi, Copper futures on Friday rose 0.53 percent to Rs 923 per kg on increased spot demand. At the Multi Commodity Exchange, copper contracts for October delivery rose by Rs 4.90, or 0.53 per cent, to Rs 923 per kg in a business turnover of 2,303 lots. Analysts attributed the rise in copper prices to higher bets by participants.
Gold prices lapse: Futures trade and global cues
Business, News

Gold prices lapse: Futures trade and global cues

New Delhi, Gold prices fell by Rs 226 to Rs 1,08,760 per 10 gram in the domestic futures market on Thursday following weakness in the international market. On the Multi Commodity Exchange (MCX), the most-traded gold futures for October delivery fell by Rs 226, or 0.21 percent, to Rs 1,08,760 per 10 gram in a business turnover of 16,883 lots. "Gold prices have fallen below the Rs 1,09,000 level in the domestic market due to profit booking as investors booked nearly 10 percent gains in just two weeks," said Deveya Gaglani, senior research analyst (commodities) at Axis Securities. Besides, silver futures for December delivery on MCX fell by Rs 478, or 0.38 percent, to Rs 1,24,702 per kg. Globally, gold futures for December delivery on Comex were trading 0.38 percent lower at $3,6...
Oriflame’s Optimals Hydra Radiance Range: Your Key to a Skinimalist Routine
Business

Oriflame’s Optimals Hydra Radiance Range: Your Key to a Skinimalist Routine

Swedish holistic beauty and wellbeing brand Oriflame has introduced its new Optimals Hydra Radiance Range in India, aiming to capture a larger share of the country’s fast-growing skincare market. The range is positioned around the concept of “skinimalism,” combining hydration, barrier strengthening, and microbiome balance in an easy-to-use routine. The Hydra Radiance line features a mix of moisturisers, cleansers, sunscreens, and eye care solutions. With prices between ₹829 and ₹1,999, the products are dermatologically tested and include active ingredients like Niacinamide, Para-Probiotics, and Ectoin, targeting both urban professionals and family consumers. Edyta Kurek, Senior Vice President & Head, Oriflame India and Indonesia, said the launch reflects the brand’s commitment to d...
Silver prices gain on Middle East tensions, weak dollar
Business, News

Silver prices gain on Middle East tensions, weak dollar

New Delhi, Silver prices continued to rise in the domestic futures market on Wednesday and rose by Rs 671 to Rs 1,25,132 per kg on rising tensions in the Middle East and a weak US dollar. At the Multi Commodity Exchange, futures prices of this white metal for December delivery rose by Rs 671 or 0.54 per cent to Rs 1,25,132 per kg in a business of 17,714 lots. According to commodity market experts, silver prices continued to rise amid rising tensions in the Middle East region after Israel's attack on Hamas senior leadership in Doha, Qatar. "Traders will be focused on US macroeconomic data, including producer price inflation data to be released later and consumer price inflation data to be released on Thursday, which may provide guidelines for the Federal Reserve's interest rate cy...
Crude oil fundamentals gain on demand
Business, News

Crude oil fundamentals gain on demand

New Delhi Crude oil prices rose by Rs 46 to Rs 5,537 per share in trade on Tuesday following strong demand and an increase in the size of your claim. The price of crude oil contract for September stock on the Multi Commodity Exchange rose by Rs 46 or 0.84 per cent to Rs 5,537 per share in a turnover of 10,542 lots. "Geopolitical tensions, especially the Ukraine-Russia conflict, have led to a sharp rise in crude oil volumes in Taiwan," Mirae Asset Sharekhan research said. On the market outlook, he said, "Crude oil production in overseas industry is expected to trade in a limited range of $60-65 per share, and the bearish trend will remain till the end of the year as long as supply risks are contained." As demand soared, Asia has become an attractive region - India's crude portf...
Copper futures prices upsurge on spot demand
Business, News

Copper futures prices upsurge on spot demand

New Delhi, Copper futures prices rose 0.11 percent to Rs 904 per kg on Monday due to increased spot demand. At the Multi Commodity Exchange, copper contracts for October delivery rose by Rs 1 or 0.11 percent to Rs 904 per kg in a business turnover of 1,703 lots. Analysts attributed the rise in copper prices to higher bets by participants.