At less than 3%, the inflation figure for May is well within the target set by the government of India. This has led to a celebration in the media of the Reserve Bank of India’s prowess in macroeconomic management, of which inflation control is an important part. What has received next to no acknowledgement, though,…
New Delhi: A woman checks gold jewellery on the occasion of Akshaya Tritiya, in New Delhi, Wednesday, April 30, 2025 Gold and silver buying in India — the world’s largest gold consumer — kicked off positively on Wednesday’s auspicious Akshaya Tritiya festival despite high prices, with jewellers’ body GJC projecting gold sales to jump 35…
Image used for representation purpose only. | Photo Credit: Reuters The rupee declined 12 paise to settle at 86.52 (provisional) against the U.S. dollar on Friday (July 25, 2025), tracking negative domestic equity markets and surging global crude oil prices. A strengthening American currency overseas and foreign fund outflows further weighed on the local unit,…
Representative image | Photo Credit: Getty Images/iStockphoto Oman plans to levy personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons. The tax would be a first among the six-member oil-rich Gulf Cooperation Council. The 5% tax will start in 2028 and will only be required…
Despite the increase of almost 40 per cent from last year in terms of gold price, the volume did not drop this year, mainly because of people’s confidence that gold will rise more. | Photo Credit: SHIV KUMAR PUSHPAKAR Chennai housewife RR Priya picked the wrong day to buy silver utensils from a famous jewellery…
Analysts said a weak trend in Asian and European markets also dented investors’ sentiment on July 25, 2025. File | Photo Credit: PTI Stock markets declined for the second day in a row on Friday (July 25, 2025), with the Sensex tumbling 721 points due to heavy selling in financial, IT and oil & gas…
With data showing a steep decline in price rise in June, Reserve Bank Governor Sanjay Malhotra on Friday (July 25, 2025) said that the outlook on inflation and growth will determine future rate cuts, making it clear that the current data will not influence the trajectory. Speaking at the FE Modern BFSI Summit in…
Gold prices in India today slid by over ₹ 200 | Photo Credit: KVS GIRI 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…
Hero Motors’ revenue from operations stood at ₹1,064.39 crore in fiscal year 2024, and profit after tax stood at ₹17.04 crore. File | Photo Credit: The Hindu Auto parts maker Hero Motors has filed draft papers with the markets regulator SEBI to raise ₹1,200 crore through an initial public offering (IPO). The IPO is a…
Photo used for representation purpose only., | Photo Credit: Getty Image/iStockphoto S&P Global Ratings on Tuesday (June 24, 2025) raised India’s GDP forecast for current fiscal to 6.5% assuming a normal monsoon, lower crude oil prices and monetary easing. S&P, also, flagged rising risks to the global economy due to the turbulence in the Middle…
