India is poised to contribute about one-fifth of the world’s GDP growth on the back of robust domestic demand and prudent macroeconomic and financial sector policies, which enabled it to withstand “external shocks”, Shaktikanta Das, the Principal Secretary-2 to PM Narendra Modi, said. Addressing an event in Pune on Saturday (October 11, 2025), he…
Wall Street, New York Stock Exchange (NYSE) in New York City, U.S.. File | Photo Credit: Reuters Investor worries that Wall Street’s record stock rally would soon fizzle loomed large on Friday (October 10, 2025) after tariffs re-emerged as a market risk. U.S. equity markets, fresh off midweek record highs, performed an about-face during the…
Silver reached $51.235 an ounce on Thursday — the highest in more than four decades — before paring gains. Gold retreated further below $4,000 an ounce on signs a breakneck rally that took it to a record high may have been overdone, while silver rose to near the highest since 1980. Bullion traded near $3,963…
Starting mid-November, officials led by finance minister Nirmala Sitharaman will consult state finance ministers, economists and industry representatives for inputs, two people aware of internal discussions said on the condition of anonymity. The budget will aim to make the country more self-reliant and prosperous, supported by forward-looking regulations, the people said. According to one of…
FILE PHOTO: An employee displays silver bars at the GSA Austria ( Money Service Austria ) company’s headquarters in Vienna July 22, 2013. REUTERS/Leonhard Foeger/File Photo | Photo Credit: Leonhard Foeger A shortage of silver, which soared to a record $51.30 an ounce on Thursday, across the world has pushed up the premium for the…
Gold price today, October 10: Gold rates drop in Delhi, Mumbai, Chennai, Kolkata, Ahmedabad and Bengaluru | Photo Credit: Reuters Gold prices in India have seen a downward trend today, October 10, with a notable decrease across all major cities. The price of both 22-carat and 24-carat gold have dropped compared to yesterday’s rates. This…
The BSE Sensex jumped 328.72 points or 0.40%, to close at 82,500.82. The NSE Nifty advanced by 103.55 points or 0.41%, to settle at 25,285.35. | Photo Credit: Getty Images/iStockphoto Benchmark Sensex rose by nearly 329 points on Friday (October 10, 2025) on strong gains in pharmaceutical and banking shares and foreign fund inflows. The…
Indian currency notes are displayed on top of a newspaper at a roadside currency exchange stall, in the old quarters of Delhi, India, September 24, 2025. REUTERS/Anushree Fadnavis | Photo Credit: Reuters The rupee appreciated 10 paise to close at 88.69 (provisional) against the U.S. dollar on Friday (October 10, 2025), on strength in the…
Investors should view any sharp correction in gold prices as an opportunity to accumulate, according to the latest report by Jefferies. The report highlighted that gold has witnessed a remarkable rally, rising 53.9 per cent year to date, following a 27.2 per cent gain last year. Meanwhile, the unhedged gold-mining index has also surged, up…
http://www.gunaymutlu.com/iStock/financial-images-360.jpg | Photo Credit: brightstars Gold prices climbed ₹527 to ₹1,21,020 per 10 grams in the domestic futures trade on Friday as speculators created fresh positions following a firm trend in the international markets. On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery appreciated by ₹527, or 0.44 per cent, to…
