India ranks 131 in the Global Gender Gap Index 2025 released by the World Economic Forum. File | Photo Credit: Reuters India has ranked 131 out of 148 countries in the World Economic Forum’s Global Gender Gap Report 2025, slipping two places from its position last year. With a parity score of just 64.1%, India…
File photo: Gold bars | Photo Credit: REUTERS Gold hit another all-time high as warnings from Federal Reserve Chief Jerome Powell about the impact of the trade war fuelled volatility on Wall Street, leading to sharp declines in stocks and the dollar. Bullion rose as much as 0.4 per cent to $3,357.78 an ounce on…
Indian stocks dipped 1% on Thursday (June 12, 2025) after United States withdrew diplomats from the West Asian nations saying that Iran was “not safe” and may be attacked by Israel. Benchmark Nifty 50 and Sensex fell 1% to 24,888,20 points and 81692 points on Thursday. All sectoral indices dipped with Financial services indices falling nearly…
RBI was active throughout the year, purchasing gold in 11 of the 12 months and adding another 2.8 tonnes in the first two months of 2025. | Photo Credit: iStockphoto As gold prices surge to historic highs on the back of heightened geopolitical uncertainty, data shows that India’s central bank, the Reserve Bank of India,…
Reserve Bank of India (RBI) eased the Know Your Customer (KYC) norms for convenience of the customer according to a circular released June 12. Banks shall complete the KYC updation of customers who are flagged as ‘low risk’ whose KYC have not been updated, within a year or June 2026, whichever is later. Moreover, the…
With rising prices, many are turning to gold ETFs or stocks, says industry expert | Photo Credit: PTI Although jewellery stores are far from deserted despite the recent surge in gold prices, this Akshaya Tritiya is expected to witness a dip in high-value purchases, with customers opting for lower ticket items. Jewellery retailers are treading…
Amid the chaos set in by churning events and spurring global uncertainty, there is an interesting financial trend that mainstream analysts are perhaps missing. It is well known in economic history how certain shifts don’t arrive with the roar of crisis or the panic of a crash, but with the quiet authority of inevitability —…
Gold prices in India saw an increase today across all cities. The price for 8 grams of 24-carat gold also rose in all cities compared to yester | Photo Credit: BRENDON THORNE Gold prices in India saw an increase today across all cities. The price for 8 grams of 24-carat gold also rose in all…
Image for representation only | Photo Credit: Reuters The rupee gave up its gains and settled for the day lower by 2 paise at 86.07 (provisional) against the US dollar on Wednesday, on recovery in global crude oil prices and the U.S. Dollar index. A strong show in the domestic equity markets prevented steep losses…
Foreign Institutional Investors offloaded equities worth ₹3,831.42 crore on June 12, 2025, according to exchange data. File | Photo Credit: PTI Nifty opened 1.6% lower at 24,473 points in response to Israel’s attack on Iran, but recovered gradually in the middle of the session, gaining over 200 points on June 13. By 1 p.m., Nifty stocks…
