Nestle board approves 1:1 bonus share issue; stock up 1% in morning trade on June 26
This is the first bonus issue of Nestle India after the year 1996. File |…
Net FDI negative for fifth straight month in January 2026 as outflows exceed inflows by $1.4 billion
With regard to outflows, the outward FDI by Indian companies increased by 5.4% in January 2026 to $2.1 billion. This was, however, nearly 30% lower than the outward FDI in December 2025. | Photo Credit: PTI Net foreign direct investment (FDI) into India contracted for the fifth consecutive month in January 2026, with outflows exceeding…
Current domestic production of LPG accounting for 50-60% of consumption requirements: Officials
At present, domestic production of liquified petroleum gas (LPG) is fulfilling about 50-60% of our domestic demand, Sujata Sharma, Joint-Secretary at the Ministry of Petroleum and Natural Gas (MoPNG) told reporters in the daily inter-ministerial briefing to discuss latest developments about the situation in West Asia Monday. “Right now, our domestic production is accounting for…
Energy-led inflation worries drag gold, silver prices lower
On MCX, gold for April delivery was down 3 per cent at ₹139,542 per 10 g Gold prices crashed 5 per cent or ₹7,649 to ₹1,39,569 per 10 grams against ₹147,218 on Friday, largely taking cues from the global markets where it witnessed the sharpest monthly fall since 1975. Similarly, silver plunged 6 per cent…
Rupee slumps 50 paise to settle at fresh record low of 94.03 against U.S. dollar
At the interbank foreign exchange, the local unit opened at 93.84 and kept losing ground throughout the day, before breaching the 94-mark against the U.S. dollar for the first time to settle at 94.03 (provisional), down 50 paise from its previous close. | Photo Credit: Reuters The rupee breached the 94/dollar barrier for the first…
Why gold, silver prices crashed 7% today: West Asia tensions, inflation & US dollar explained
The sharp fall in precious metal prices reflects the impact of global economic conditions, rising interest rate expectations and geopolitical tensions on investor sentiment. Representational file image. | Photo Credit: Reuters Gold and silver prices in the domestic market witnessed a sharp decline of more than 7% on Monday (March 23, 2026) amid ongoing tensions…
Gold futures plummet over 10% to ₹1.29 lakh/10g amid global rout
New Delhi, March 23 Gold prices plummeted sharply by more than 10 per cent to ₹1.29 lakh per 10 grams in futures trade on Monday amid a global sell-off in precious metals driven by macroeconomic pressures. On the Multi Commodity Exchange, the yellow metal dived by ₹14,897, or 10.3 per cent, to ₹1,29,595 per 10…
Gold price slump drags shares of Manappuram, Muthoot Finance; jewellery stocks slide
Shares of gold loan financiers came under pressure on Monday, March 23, as a sharp decline in bullion prices dampened investor sentiment across the sector. Stocks of Manappuram Finance and Muthoot Finance fell over 5 per cent during morning trade, mirroring weakness in gold prices. Manappuram Finance Ltd. shares declined 3 per cent on the…
NSEIX opens doors to U.S. stocks for Indian investors
For decades, buying U.S. stocks has been a Herculean task for most Indian investors. Strict remittance rules, a maze of paperwork, an arduous hunt for reliable and cost-effective overseas brokers, steep account-opening charges and the list of challenges goes on. On top of that, there are lingering concerns over overseas shareholdings’ safety. With technological advances,…
Gold futures plunge ₹8,089 to ₹1.36 lakh/10g on global selloff, inflation fears
Gold prices plunged sharply by ₹8,089 to ₹1.36 lakh per 10 grams in futures trade on Monday, tracking a global selloff amid rising inflation fears and a firm US dollar. On the Multi Commodity Exchange, the yellow metal for April delivery slumped by ₹8,089, or 5.6 per cent, to ₹1,36,403 per 10 grams. Last week,…
Asian shares decline as hopes dim for resolution in Iran
Image used for representation purpose only. | Photo Credit: AP Asian shares dipped on Monday (March 23, 2026) , as oil prices continued to climb after US President Donald Trump’s latest comments dashed hopes for an early end to the war in Iran. South Korea’s Kospi dove 6.5% to 5,404.77. Hong Kong’s Hang Seng slipped…
