Gold prices surged by ₹2,442 to touch an all-time high of ₹1,32,294 per 10 grams in the domestic futures trade on Friday (October 16, 2025), driven by safe-haven demand as investors weighed deepening global economic uncertainties and expectations of monetary easing by the U.S. Federal Reserve. On the Multi Commodity Exchange (MCX), the yellow metal…
Gold and silver rose to records as fears about credit quality in the US economy and heightened frictions between Washington and Beijing strengthened demand for havens. Bullion rose as much as 1.2 per cent to $4,379.93 an ounce before paring some gains — putting it on track for its biggest weekly advance since 2020 and…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty bounced back after starting the trade on a weak note on Friday (October 17, 2025), helped by foreign fund inflows and hopes of U.S. Fed rate cuts. The 30-share BSE Sensex dropped 261.58 points to 83,206.08 in early…
Gold’s glittering rally is expected to continue, with prices likely to climb towards $4,500 per ounce in overseas markets, supported by sustained global central bank purchases, persistent geopolitical tensions, and strong Asian demand, according to a report by Motilal Oswal Financial Services Ltd. Silver, which has outperformed gold in terms of returns so far this…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 21 paise to 87.75 against the U.S. dollar in early trade on Friday (October 17, 2025), supported by a softer American currency against major currencies and likely intervention by the Reserve Bank of India. Forex traders said renewed foreign fund inflows…
The journey of Goods and Services Tax (GST) implementation has entered a major new stage with the latest restructuring of tax slabs, a move expected to pass on over ₹2 lakh crore in tax benefits to consumers. With this, the GST compensation cess stands abolished as it merges with the regular tax, marking the end…
The timing of the U.K. sanctions is significant, coming days after U.K. Prime Minister Keir Starmer led a large trade delegation to Mumbai and U.K.-India relations appeared to touch a new high. (picture for representational purposes only) | Photo Credit: YORUK ISIK The British government has sanctioned the Vadinar (Jamnagar) oil refinery owned by Nayara…
Representational image of a bronze sculpture of a bull on the premises of the Bombay Stock Exchange (BSE) building | Photo Credit: Reuters Equity markets ended sharply higher on Thursday (October 16, 2025), with the benchmark Sensex rising 862.23 points and the Nifty scaling 25,585.30 level, tracking a rally in global markets amid US Fed…
Minister of Commerce and Industry Piyush Goyal, during the India-Brazil Business Dialogue, in New Delhi on October 16, 2025 | Photo Credit: PTI India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the U.S., Oman, and the EU, Commerce and Industry…
Image for representation only | Photo Credit: Getty Images Rising for the second straight session, the rupee surged 21 paise to close at 87.87 (provisional) against the U.S. dollar on Thursday (October 16, 2025), buoyed by a softer American currency against major currencies and renewed risk-on sentiment among investors. Forex traders said that likely intervention…
