Gold prices witnessed a steep surge of ₹1,493 and breached the psychological ₹96,000 per 10 grams-mark on Monday, driven by rising demand in the global market. On the Multi Commodity Exchange (MCX), the yellow metal contracts for June delivery continuing the stellar run for the third straight day by climbing ₹1,493 or 1.57 per cent…
This is the first bonus issue of Nestle India after the year 1996. File | Photo Credit: Reuters The board of FMCG maker Nestle India approved the issuance of bonus equity shares in the ratio of 1:1 to its existing shareholders on Thursday (June 26, 2025.) “The bonus equity share of face value of Re.1…
Watch | Piyush Goyal optimistic about India-US trade pact ahead of July 9 tariff deadline | Video Credit: Sriram Lakshman | Shikha Kumari A As the clock ticks towards U.S. President Donald Trump’s ‘reciprocal tariffs’ to kick in on July 9, Commerce Minister Piyush Goyal has expressed optimism that India and the U.S. could sign…
Silver prices on Monday jumped ₹619 to ₹95,656 per kilogram in futures trade as participants increased their bets. On the Multi Commodity Exchange, silver contracts for May delivery rose ₹619 or 0.65 per cent to ₹95,656 per kg in a business turnover of 14,898 lots. Fresh positions built up by participants led to a rise…
Photo used for representation purpose only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty began the trading session on an optimistic note on Friday (June 27, 2025) amid fresh foreign fund inflows and a rally in the U.S. markets. Rallying for the fourth day running, the 30-share BSE Sensex climbed 229.22 points to 83,985.09…
Image for representational purposes only. | Photo Credit: File Photo The story so far: Escalating tensions between West Asian nations Iran and Israel since last week sent prices of oil spiralling upwards with fears mounting about a potential disruption in oil supplies globally. The benchmark Brent crude futures had soared about 9% Friday (June 13)…
File image, Gold ornaments on display at a jewellery showroom, in New Delhi. The gold prices in India today were ₹9,095 for 1 gram of 22-carat gold (up by ₹70) and ₹72,760 for 8 grams of 22-carat gold (up by ₹560). | Photo Credit: ARUN SHARMA Gold prices in India saw an increase today across…
Image for representational purposes only. | Photo Credit: Getty Images The rupee rose 23 paise to 85.49 against the U.S. dollar in early trade on Friday (June 27, 2025), aided by strong FII inflows and positive sentiments in the domestic equity markets. However, a rise in global crude oil prices and a slightly stronger greenback…
The amendments are a welcome move as they enhance investor protection and ensure that only credible and ‘well governed’ entities are allowed to act as intermediaries, says Sonam Chandwani, Managing Partner at KS Legal & Associates. | Photo Credit: HEMANSHI KAMANI Securities and Exchange Board of India (SEBI) said merchant bankers (MB) can now engage…
Gold prices soared to fresh high on Monday as the dollar index in the global markets plunged by 1.13 per cent to a three-year low of 98.10. The dollar index gauges the greenback’s strength against a basket of six currencies. Since gold is a dollar-denominated metal, it becomes cheaper for institutional buyers and hedgers to…
