All Kerala Gold & Silver Merchants Association (AKGSMA) has sought the intervention of the Finance Ministry for banking acceptance of 18K, 14K and 9K hallmarked gold ornaments as collateral for loans. In a representation to the Union Finance Minister, Nirmala Sitharaman, the Association president K Surendran said the current practice of denying collateral value to…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early deals on Monday (July 28, 2025) dragged down by heavy selling pressure in Kotak Mahindra Bank and uncertainty related to the India-US trade deal. Persistent foreign fund outflows and weak trends in Asian…
Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 9 paise to 86.43 against the U.S. dollar in early trade on Monday (July 28, 2025), tracking a softer greenback, though the upside for the local unit was limited as US-India tariff negotiations remained in focus. Forex traders said the rupee was…
The Indian economy is growing at a robust pace and will not face any challenge in achieving a growth rate upwards of 6.5% in the current financial year, RBI Monetary Policy Committee (MPC) member Nagesh Kumar said on Sunday (July 27, 2025). Mr. Kumar, in an interview with PTI Videos, further said that the Indian…
“The valuation of Reliance Industries tumbled ₹1,14,687.7 crore to ₹18,83,855.52 crore,” the most among the top-10 firms. | Photo Credit: Reuters The combined market valuation of six of the ten most valued firms diminished by ₹2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last…
The story so far:India and the U.K. signed a Comprehensive Economic and Trade Agreement (CETA) on Thursday, after having announced the conclusion of negotiations on the deal in May this year. With negotiations starting in January 2022, the deal marks a more than three-year effort to enhance bilateral trade between the two countries. What has…
Rows of rendered gold bars and one silver bar | Photo Credit: wydynd As US President Donald Trump ratcheted up his tariff war on the world, gold kept climbing in lockstep to reach a succession of record highs. The precious metal reached a fresh peak of $3,245.28 an ounce on April 11 and has climbed…
Gold prices decrease | Photo Credit: SHAILESH ANDRADE Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The gold prices in India today…
India’s Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles, Piyush Goyal speaks at the Swissmem Industry Day in Bern, Switzerland, Tuesday, June 10, 2025. | Photo Credit: AP India’s goods and services exports during 2025-26 are expected to cross $900 billion despite the global economic uncertainties, Commerce and Industry…
Gold, traditionally viewed as a safe-haven investment during times of geopolitical and economic uncertainty, has hit multiple record highs this year and is up over 24 per cent so far in 2025 | Photo Credit: Chris Ratcliffe Gold prices hit an all-time peak on Wednesday as a weaker dollar, escalating trade tensions and concerns over…
