India’s Goods and Services Tax (GST) collections registered a strong increase in October 2026, reaching ₹2,31,290 crore, up 22.9% compared with the same month last year, according to provisional data released by the Ministry of Finance on November 1. The latest figures indicate a sig...
NEW DELHI: The Enforcement Directorate (ED) has launched an investigation into alleged unauthorised cross border financial transactions worth approximately ₹5,000 crore involving cryptocurrency platforms and decentralised finance businesses. The agency’s Bengaluru Zonal Office conduc...
India Post and UTI Mutual Fund have strengthened their partnership to expand Know Your Customer (KYC) verification services across India, aiming to improve investor convenience and promote financial inclusion. According to a Press Information Bureau (PIB) release dated October 29, 2026, th...
US Secretary of State Marco Rubio visited Reliance Industries Jamnagar refinery in Gujarat on October 21, 2026, where he met Reliance Chairman and Managing Director Mukesh Ambani and Executive Director Anant Ambani. The visit focused on global energy developments, commercial partnerships a...
At least 17 mutual fund houses in India have reportedly restricted fresh investments in specified gold exchange traded fund Fund of Funds (Gold FoFs), with the restrictions taking effect from October 16. The move comes ahead of Dhanteras and Diwali, when demand for gold traditionally incre...
Netflix is cutting approximately 1,000 jobs, representing around 6% of its workforce, in its largest round of layoffs since 2022. The move comes as the global streaming company faces growing competition for viewers from YouTube, TikTok and traditional media companies. According to a Reuter...
An Analytical Study | Business Galaxy India’s foreign exchange reserves reportedly fell by approximately $51.1 billion over four weeks, declining from $785.7 billion on September 4 to $734.6 billion on October 2, 2026. The sharp decline has raised questions about pressure on the Indian rup...
The combined market value of companies in the S & P 500 has reached nearly $71 trillion, highlighting the enormous size of the U.S. stock market and the growing influence of a relatively small group of major technology and artificial intelligence linked companies. Current market data p...
Gold and silver prices have witnessed a sharp correction in 2026, with both precious metals trading significantly below their record highs reached earlier this year. According to market reports, gold is currently around 26% below its January 2026 peak of approximately $5,595 per ounce. Gol...
US-based local commerce and food delivery company DoorDash has opened its first office in India in Hyderabad, with plans to expand its workforce in the city to more than 3,000 professionals over the next two years. The new global technology and talent hub was inaugurated in HITEC City on S...
