As Dhanteras approaches, Indian investors are turning to gold again — not just for tradition, but as a hedge against economic uncertainty. Amidst challenges, exchange-traded funds (ETFs) are the perfect vehicle for investors. Sky-high physical prices and storage concerns are driving investors toward paper forms of bullion. Gold ETFs saw record inflows of ₹8,151 crore…
Attacking the Modi government over the change in Employees’ Provident Fund Organisation (EPFO) rules, the opposition on Wednesday (October 15, 2025) alleged that salaried people are being punished for the Modi government’s “mishandling of the economy” and urged Labour and Employment Minister Mansukh Mandaviya to scrap the “draconian” provisions. The opposition hit out at the…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee bounced back sharply by 75 paise to close at 88.06 (provisional) against the U.S. dollar on Wednesday (October 15, 2025), posting its biggest intraday gain in nearly four months, due to likely intervention by the RBI and a surge in the domestic markets….
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Benchmark Sensex spurted by 575 points while Nifty closed above 25,300 on Wednesday (October 15, 2025) on buying in banking and financial shares, driven by a rally in Asian and European markets amid hopes of a rate cut by the U.S. Federal Reserve later this…
On the Multi Commodity Exchange (MCX), gold futures for December delivery extended their rally for the fourth consecutive session, by climbing ₹1,244, or 0.98 per cent, to hit a record of ₹1,27,500 per 10 grams. | Photo Credit: istock.com Gold prices on Wednesday surged by ₹1,244, reaching a new all-time high of ₹1,27,500 per 10…
Representative image | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty were trading higher in early trade on Wednesday (October 15, 2025), tracking a rally in Asian markets amid hopes of a U.S. Federal Reserve rate cut later this month. The 30-share BSE Sensex climbed 354.57 points to 82,384.55 in early trade. The…
Representative image | Photo Credit: Reuters The rupee recovered 88 paise from its all-time closing low to 87.93 against U.S. dollar in early trade on Wednesday (October 15, 2025), on easing dollar index after the U.S. Fed indicated more rate cuts in the current year. Forex traders said all decline in crude oil prices and…
The September 2025 retail inflation data, at a 99-month low of 1.54%, has important policy implications for the RBI in particular. Except for August, retail inflation has slowed in every month this financial year. The average rate of inflation for the first half of the fiscal is 2.2%, just within the RBI’s comfort band of…
In India, gold in the Mumbai spot market was quoted at ₹1,24,155 per 10 gm Silver is facing a supply shortage globally with a couple of government mints, such as the Canadian Royal Mint and Australia’s Perth Mint, stopping sales of products made with the white precious metal. The development comes amid silver soaring to…
International Monetary Fund chief economist Pierre-Olivier Gourinchas speaks during the “World Economic Outlook” press briefing at the IMF/World Bank 2025 Annual Meetings in Washington, D.C., U.S., on October 14, 2025. | Photo Credit: Reuters The International Monetary Fund (IMF) in the October outlook increased India’s growth projections by 20 basis points to 6.6% for 2025…
