Rupee rises 6 paise to close at 87.63 against U.S. dollar
The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell…
Gold and silver prices gained in global and domestic markets on Monday as the US-backed Israel war with Iran revived haven demand. In the global market, gold topped $5,375 an ounce, while silver almost hit $95 an ounce before paring gains. Gold prices opened on a firm note in the Mumbai spot market in India….
The bearish and volatile trend in the equity markets has pushed seasoned investors to place their bets on exchange traded funds with underlying precious metals, which are riding high on geopolitical tensions across the globe. Gold ETFs jumped 5-8 per cent as the demand for the yellow metal on stock exchanges increased with meltdown in…
The Ministry of Petroleum and Natural Gas said it reviewed on Monday (March 2, 2026) the supply of oil, natural has and other petroleum products. Photo: X/@PetroleumMin The Ministry of Commerce and Industry on Monday (March 2, 2026) held a meeting with all stakeholder Ministries, key logistics and trade facilitation partners to review the emerging…
Image for representational purposes only. The rupee saw a steep loss of 42 paise to settle at 91.50 (provisional) against the U.S. dollar on Monday (March 2, 2026). | Photo Credit: PTI The rupee saw a steep loss of 42 paise to settle at 91.50 (provisional) against the U.S. dollar on Monday (March 2, 2026)…
Previously in this column, we discussed the importance of rebalancing of goal-based portfolios. In this article, we lay out two scenarios that require rebalancing and briefly recap the rules for each scenario. Why rebalance? Rebalancing is the process of changing the asset allocation of your goal-based portfolios. Suppose you create your child’s education portfolio with…
Bombay Stock Exchange. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty nosedived over 1% on Monday (March 2, 2026) as investors’ sentiment were hit hard following a sharp spike in crude oil prices amid escalating tensions in West Asia. Weak trends in global markets and heavy foreign fund outflows also dented sentiments….
Escalating hostilities in West Asia are heightening risks for India and other Asian commodity importers, as military strikes and retaliatory attacks disrupt key energy and trade routes, Moody’s Analytics said | Photo Credit: Reuters Escalating hostilities in West Asia are heightening risks for India and other Asian commodity importers, as military strikes and retaliatory attacks…
UK gold bullion bars are stacked at Baird & Co in Hatton Garden in London, Britain. | Photo Credit: Hiba Kola Gold prices in India have seen an upward trend today, March 2, with an increase seen across all major cities. The price of both 22-carat and 24-carat gold has risen compared with the previous…
The apex body said it was in constant touch with the Nasscom Middle East Council and also advised all employees in the region to remain in regular contact with their respective local embassies. File. | Photo Credit: Reuters Nasscom, the tech industry apex body, in connection with the evolving situation in West Asia, has announced…
Gold prices could surge to $6,000 per ounce, and Rupee may weaken to ₹92-92.5 against USD if West Asian conflict escalates further, according to a report by Elara Capital. The report said gold stands to benefit significantly from rising geopolitical tensions. Apart from continued central bank and ETF-related buying, gold is likely to receive an…