Gold retreated from two-week highs on Thursday after US President Donald Trump said that Washington would continue its military campaign in Iran in the coming weeks, pushing crude prices sharply higher and dampening hopes of interest rate cuts. Spot gold was down 2 per cent at $4,664.39 per ounce, as of 0439 GMT, snapping a…
The 30-share BSE Sensex plummeted by 1,433.72 points, or 1.96%, to 71,700.60. The 50-share NSE Nifty dived 445.70 points, or 1.97%, to 22,233.70 in the morning trade. File. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined 2% in early trade on Thursday (April 2, 2026) amid rising geopolitical tensions following U.S. President…
Highlights Trump vows to strike Iran “extremely hard” over next few weeks US dollar advances; Brent surges over 4% Fed’s Alberto Musalem says no need to change interest rate stance now Gold prices reversed course to slip more than 1% on Thursday, snapping a four-day winning streak, after U.S. President Donald Trump said the United…
The move follows concerns that some traders were exploiting duty differences through FTAs, particularly with ASEAN countries. | Photo Credit: FRANCIS MASCARENHAS The government on Wednesday announced curbs on imports of gold, platinum and silver jewellery with immediate effect, a move aimed at checking misuse of free trade agreements (FTAs). These restrictions will operate irrespective…
Gold prices increased by ₹4,120 or 3 per cent on Wednesday to ₹1,50,853 per 10 gram against ₹1,46,733 in the previous trading session on the back firm trend in the global markets. It opened on strong note at ₹1,49,569 per 10 gram and rallied further on global cues, said the Indian Bullion and Jewellers Association…
NTPC, Sun Pharma, Power Grid, UltraTech Cement and Bharti Airtel were the laggards. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty closed nearly 2% higher on Wednesday (April 1, 2026), in tandem with a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. Starting the…
Gross domestic revenues rose 5.9% to over ₹1.46 lakh crore, while those from imports grew 17.8% to ₹53,861 crore. File. | Photo Credit: Getty Images/iStockphoto Gross GST collections grew 8.8% to over ₹2 lakh crore in March, aided by tax mop-ups from domestic sales as well as imports, government data showed on Wednesday (April 1,…
Spot gold rose 3.5% to close at $4,668.06 an ounce in New York. Gold logged its worst month since the global financial crisis despite climbing for a third session Tuesday on signs the US and Iran are open to ending the war in West Asia. The US dollar and Treasury yields retreated further on reports…
Stock markets were closed on March 31, 2026 for Shri Mahavir Jayanti. File. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday (April 1, 2026), tracking a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. The 30-share BSE Sensex…
The Credit Market Indicator (CMI) for supply rose in the December 2025 quarter, according to the gold-loan-credit-market. This upward movement in credit supply was primarily the result of a significant increase in gold loan originations across both volume and value. The report noted that “CMI for supply rose in the December 2025 quarter, driven by…
