Global leaders unite at REI 2025 to drive India’s net zero path
India’s transition to clean energy gained fresh momentum on Thursday with the inauguration of the 18th edition of the Renewable Energy India (REI) Expo at the India Expo Mart in Greater Noida.

Why Jindal Steel has a solid advantage over SAIL despite weak Q2
The shares of Steel Authority of India Ltd (SAIL) and Jindal Steel Ltd (JSL) have gained 21% and 14%, respectively, so far in 2025, aided by lower imports and the imposition of safeguard duty.

Vedanta Aluminium skill development centre trains 800 youths from small villages
 

Gold in hand worth two in vault
More than 30 per cent of India’s official gold reserves, or the bullion held by the Reserve Bank of India (RBI), has returned home in the past 30-odd months. By end-2022, most of the gold owned by the central bank was held abroad, mostly in the Bank of England. Since March 2023, more of the yellow metal has started to come back to its native place. During the first six months of this fiscal year, the RBI transferred more than 60 tonnes from foreign vaults to the domestic ones, taking the total that has come back since 2023 to 275 tonnes. Thus, at present, two-thirds of the 880 tonnes of gold that India owns as a nation is back. Just under 300 tonnes remains in the external custody. Experts dub this as the reverse gold rush. Apart from buying gold in the recent past, the central bank has ensured that most of its bullion holdings are back home, and safe with it.

Gold, silver prices fall on MCX amid stronger dollar and weak global cues
Source Credit: New Indian Express

Chennai: Gold prices on the Multi Commodity Exchange (MCX) traded lower in the noon session on Friday (October 31), tracking weakness in international bullion markets as the US dollar strengthened.

GAIL India net profit drops 18% in Q2 as petrochemical margins squeeze
State-owned gas utility GAIL (India) Ltd on Friday reported an 18 per cent drop in September quarter net profit as petrochemical margins came under pressure in a quarter with flattish volumes.

Gulf Oil International Ltd and AMW global enter into a major licensing partnership to launch Gulf auto Products across Asia and Middle East
New Delhi: In a bold move, Gulf, a renowned brand in automotive lubricants, has entered into a strategic licensing partnership with AMW Global Automobiles LLC., a subsidiary of Assurance Group, a global leader in automotive products manufacturing and distribution. This collaboration will introduce an extensive lineup of premium, high-performance automotive products--ranging from car parts, car accessories, automotive batteries, garage equipment, fuel additives, filters, and advanced car care solutions.

Subdued crude puts a lid on fuel inflation
Inflation in fuel and power, gauged by the wholesale price index  (WPI), has contracted for 10 straight quarters through July-September, 2025 as oil marketing companies have not increased the prices of petrol and diesel since March 15, 2024. For instance, between May 21, 2022 and March 14, 2024, retail price of petrol in Delhi remained unchanged at 96.72 a litre and diesel at Rs 89.62 a litre.

BPCL Q2 Results: Cons PAT shoots up 170% YoY to Rs 6,191 crore; Rs 7.5 per share dividend announced
BPCL Q2FY26 Results: Consolidated profit up 169%; declares Rs 7.5 interim dividend
The Financial Express

Indian Oil purchases Russian crude from non-sanctioned firms despite Washington warning
 

Vedanta PAT dips 38% to Rs 3,479 crore on write-offs at Talwandi Sabo plant
Mining major Vedanta posted a 38% decline in net profit year-on-year for the quarter ended September 30 on the back of an exceptional loss of Rs 1,547 crore on account of write-offs and settlement expenses at its Talwandi Sabo Power plant. 

Australian Premium Solar achieves 84% H1 FY26 revenue growth; commissions 400 MW TopCon line

Mumbai: Australian Premium Solar (India) Limited, one of the leading solar manufacturers in India that produces high-quality Monocrystalline and Topcon solar panels, offers advanced solar water pumps, and provides comprehensive EPC services, has announced its unaudited financial results for the H1 FY26 ending September 30th, 2025.

Ingka, IKEA's parent company, makes its first renewable energy investment in India
 

Markets muted: Nifty closes around 25,700, Sensex down over 450 points; banks under pressure
The markets have been under pressure and ended lower for the second day on profit booking after US Federal Reserve casts doubt over a December rate cut. The Nifty closed around the 25,700 mark, while the Sensex shut shop down over 450 points. Financials, NTPC and Eternal see deep cut in today’s session. However, key index stocks like BEL and Shriram Finance stand out.

Fiscal deficit for H1 at 36.5% of FY26 target
India’s fiscal deficit in April-September was 5.73 trillion rupees ($65.19 billion) or 36.5% of the estimate for the financial year ending March 31.The fiscal deficit was 29% of the Budget Estimates of 2024-25 in the first six months of the previous financial year.