Saudi Arabia Faces Oil Windfall Dilemma as Iran War Pushes Prices Toward $180
As tensions from the ongoing Iran conflict ripple across global energy markets, Saudi Arabia finds itself in a paradoxical position standing to gain enormously from soaring oil prices, yet increasingly uneasy about the consequences of such a surge. According to recent projections cited in a Wall Street Journal report, Saudi officials are modeling worst-case scenarios […]
Gold Near $4,900, Silver at $72: Dollar Strength, Fed Signals and Geopolitics Drive Metal Markets
Gold and silver extended their corrective phase for a third straight session on Wednesday, as a stronger US dollar and thin liquidity across Asian markets weighed on investor sentiment. During Asian trading hours, spot gold hovered near $4,901 per ounce, while spot silver slipped more than 1% to around $72.30 per ounce. The pullback comes […]
Gold Slides to ₹1.5 Lakh, Silver Tumbles ₹16,000: Volatility Keeps Bullion Markets on Edge
Gold and silver prices witnessed sharp swings on Thursday, underscoring heightened volatility in the bullion market as investors reacted to global cues, currency movements, and post-Budget adjustments. While gold showed signs of stabilisation after recent selling pressure, silver continued to remain under stress, particularly in the futures segment. On the Multi Commodity Exchange (MCX), gold […]
India Likely to Miss $1 Trillion Export Target as Global Headwinds Persist
India’s ambitious goal of reaching $1 trillion in combined goods and services exports by FY26 now appears increasingly difficult, despite the government’s push for free trade agreements (FTAs). A new assessment by the Global Trade Research Initiative (GTRI) suggests that weak global demand, rising protectionism, and structural challenges in India’s export basket will keep the […]
RBI Cuts Repo Rate to 5.25%; Home, Car and Personal Loans Set to Get Cheaper
The Reserve Bank of India (RBI) today reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. Governor Sanjay Malhotra announced the decision after the conclusion of the Monetary Policy Committee (MPC) meeting, signalling a continued push to support economic growth despite pressure from the weakening rupee. The rate cut […]
India’s Economy Surges 8.2% Ahead of Full US Tariff Impact, Driven by Festive Demand and Front-Loaded Production
India’s economy grew 8.2% year-on-year between July and September, outpacing expectations and registering its fastest expansion of the financial year despite the United States imposing steep punitive tariffs on Indian exports. Economists polled by Reuters had projected 7.3% growth for the quarter. The strong performance came even as Washington raised its tariff on certain Indian […]
Maruti Suzuki Crosses 3-Crore Domestic Sales Milestone in India; Alto Leads the Way
Maruti Suzuki India Limited (MSIL) has achieved a historic milestone crossing 3 crore domestic sales in India, becoming the first passenger vehicle manufacturer in the country to reach this landmark. The achievement comes 42 years after the company delivered its very first car the legendary Maruti 800 on December 14, 1983, marking the beginning of India’s […]
Anil Ambani’s Reliance Group Faces Fresh Trouble as Corporate Affairs Ministry Orders SFIO Probe
The regulatory noose around Anil Ambani’s Reliance Group has tightened further.After ongoing investigations by the Enforcement Directorate (ED), Central Bureau of Investigation (CBI) and SEBI, the Ministry of Corporate Affairs (MCA) has now launched a fresh probe into alleged fund diversion and financial irregularities across several group companies. MCA Transfers Case to SFIO According to […]
Gold, Silver Prices Hit Record Highs on MCX as Global Cues Lift Bullion Demand
Gold and silver prices soared to new all-time highs on the Multi Commodity Exchange (MCX) on Friday, buoyed by global market optimism, a weakening dollar, and strong domestic demand. The surge marks one of the sharpest weekly gains in precious metals this year, with investors flocking to bullion amid escalating geopolitical tensions and hopes of […]
Google to Invest $15 Billion in AI Data Centre in Andhra Pradesh Its Biggest Bet Yet in India
In a landmark move, Google announced plans to invest $15 billion over the next five years to build a state-of-the-art artificial intelligence (AI) data centre campus in Andhra Pradesh’s port city of Visakhapatnam, marking the U.S. tech giant’s largest-ever investment in India. The announcement was made at a New Delhi event attended by Google Cloud […]