US gold futures rose 0.4% to $3,329.80. Gold prices climbed on Monday as an escalation in the Russian war in Ukraine and US President Donald Trump’s fresh threat to double tariffs on imported steel and aluminium prompted investors to seek refuge in safe-haven bullion. Spot gold was up 0.5 per cent at $3,305.85 an ounce,…
Forex traders said the Indian rupee ended the day in the green against the U.S. dollar amid firm expectations that India and the U.S. will reach a deal soon. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day higher by 4 paise at 85.69 (provisional) against the U.S. dollar…
Online food delivery workers at Namakkal in Tamil Nadu on July 1. | Photo Credit: SPECIAL ARRANGEMENT The 2025 Union Budget took several measures to formally ‘recognise’ gig and platform workers, and extended various social protection schemes to this growing workforce. Despite this recognition, the revised Periodic Labour Force Survey (PLFS), 2025 does not include…
Gold prices up across India | Photo Credit: RAVINDRAN R 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 yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The gold prices…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty declined in early trade on Friday (July 11, 2025) dragged down by selling pressure in IT stocks post earnings announcement by TCS. The 30-share BSE Sensex dropped 398.45 points to 82,791.83 in early trade. The 50-share NSE…
Wooden cubes with the letters PMI arranged in a vertical pyramid on banknotes, green plant in a flower pot on the background. PMI – short for Project Management Institute, business concept. | Photo Credit: Maks_Lab The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June, driven…
Ketan Kothari, Director, Augmont Goldtech Private Ltd Augmont Goldtech Private Ltd, India’s integrated platform for gold, is working closely with the government to identify how gold idling in households can be recycled and channelised in a way to reduce imports of the precious metal, the company’s director Ketan Kothari has said. “We are working on…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 19 paise to 85.89 against the U.S. dollar in early trade on Friday (July 11, 2025), after U.S. President Donald Trump announced 35% tariffs on Canada from next month, denting investor sentiments. At the interbank foreign exchange, the rupee opened at 85.76…
India has notified the WTO’s Council for Trade in Goods of its proposed suspension of concessions and other obligations under certain WTO provisions. File. | Photo Credit: Reuters The Indian government has notified the World Trade Organization (WTO) of its proposal to levy retaliatory tariffs amounting to nearly $724 million on the U.S. in response…
Gold prices in India | Photo Credit: FRANCIS MASCARENHAS 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 yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The gold prices in…
