Investors are shifting from traditional jewelry to digital gold primarily due to cost- efficiency, accessibility and security. While jewelry remains culturally significant for weddings and festivals, it is increasingly viewed as an inefficient investment vehicle compared to digital alternatives like Digital Gold, Gold ETFs, and Sovereign Gold Bonds (SGBs). Transition Drivers · Jewellery carries extra…
After the steady rally in recent times, the sudden fall in precious metal prices made investors trim down their investment in gold and silver exchange traded funds. Inflows into gold ETFs fell by 56 per cent to ₹2,266 crore against the record inflow of ₹5,255 crore logged in February as the sudden fall in prices…
File photo of Chairman of Shapoorji Pallonji Group Shapoorji Pallonji Mistry | Photo Credit: The Hindu Shapoorji Pallonji Group which holds over 18% stake in Tata Sons has reiterated it’s demand for listing of Tata Sons as per norms announced by the Reserve Bank of Indus (RBI). This comes at a time when RBI is…
Forex traders said the rupee witnessed high volatility. (For representation purpose only) File. | Photo Credit: Reuters The rupee pared initial gains and settled for the day 17 paise lower at 92.68 (provisional) against the U.S. dollar on Friday (April 10, 2026), weighed down by risks from rising global tensions, especially the U.S.-Iran conflict. Forex…
The 50-share NSE Nifty climbed 275.50 points or 1.16% to end at 24,050.60. File photo for representational purposes only. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty surged over 1% on Friday (April 10, 2026), propelled by buying in banking counters and a positive trend in global equities. Investor sentiment improved amid…
Gold prices on Friday dropped ₹1,363 to ₹1,52,071 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, gold contracts for June delivery traded lower by ₹1,363, or 0.89 per cent, at ₹1,52,071 per 10 grams in a business turnover of 2,219 lots. Analysts attributed the fall in…
For representational purposes only. File The Rupee appreciated 10 paise to 92.41 against the U.S. dollar in early trade on Friday (April 10, 2026), even as the USD/INR pair faces risks from rising global tensions, especially the U.S.-Iran conflict. Forex traders said the Rupee is likely to see high volatility intra-day as the deadline for…
Image used for representational purposes. File | Photo Credit: Reuters Shares of Tata Consultancy Services fell nearly 3% on Friday (April 10, 2026) after a rare annual revenue drop outweighed strong deal wins and a quarterly earnings beat, suggesting sustained growth recovery remains elusive amid weak client spending and rising costs. The stock was on…
For representational purposes only. File | Photo Credit: KSL Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday (April 10, 2026), driven by a rally in bank stocks and a positive trend in global markets. The 30-share BSE Sensex jumped 630.08 points to 77,261.73 in early trade. The 50-share NSE Nifty climbed…
Gold demand in India picked up slightly this week ahead of a key festival, although elevated prices weighed on sentiment, while premiums in China narrowed as retail demand slowed. Akshaya Tritiya, the second-biggest gold-buying festival in India after Dhanteras when buying gold is considered auspicious, will be celebrated on April 19. “Retail buyers have started…
