Cooperative societies have a long history spanning more than a century in India. The concept of collaboration and cooperative activity was widespread throughout our nation even before legislation established cooperative organisations. It existed in the form of building assets like community tanks as well as community-managed forests in villages. Different regions had varied forms of…
Gold investors sold their holdings in exchange-traded funds (ETFs) during May, ending the inflows witnessed since December 2024, mainly on outflows witnessed in North America and Asia, data from the World Gold Council (WGC) showed on Friday. The physically-backed gold ETFs witnessed a $1.8 billion outflow in May. A mild fall in gold prices last…
A screen displaying the Sensex is pictured at the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty dropped in early trade on Monday (July 14, 2025) amid selling pressure in IT stocks and foreign fund outflows. The 30-share BSE Sensex declined 232.93 points to 82,267.54 in early…
Representative image | Photo Credit: Getty Images/iStockphoto Foreign investors put in ₹14,590 crore in the country’s equity market in June, marking the third straight month of investment, supported by improving global liquidity conditions, easing geopolitical tensions, and a rate cut by the Reserve Bank of India. However, foreign portfolio investors (FPIs) turned net sellers in…
Gold bangles are displayed at a jewellery store in Mumbai | Photo Credit: FRANCIS MASCARENHAS In view of the feedback received after public consultations, the Reserve Bank of India (RBI) has relaxed certain aspects of the earlier draft guidelines on gold loans in the final norms. The regulator said lenders must now maintain 85 per…
Jane Street has credited ₹4,843 crore to an escrow account with a lien marked in favour of SEBI. It has further stated this action had been undertaken by it without prejudice to its rights and remedies which remain available to them in law and equity. Jane Street has further requested SEBI that, following the creation…
Representative image | Photo Credit: Getty Images/istockphoto No country that has a poverty rate of 28.1%, as India did in 2022 according to the World Bank, can make a “justifiable” claim to being one of the most equal societies in the world, the Congress said in a statement on Sunday (July 6, 2025). It urged…
The cultural and traditional significance of gold and silver, as well as its allure as a safe-haven asset play a pivotal role in consumer demand and shaping investment strategies. The age-old practice of purchasing these precious metals sees a boost during festive and wedding seasons, as they represent prosperity, success, and good fortune. But beyond…
Image used for representative purpose only. | Photo Credit: Reuters The rupee depreciated 22 paise and fell below 86 level to close at 86.02 (provisional) against the U.S. dollar on Monday (July 15, 2025) amid a rise in global crude oil prices and a strengthening greenback. Foreign fund outflows and delay in any breakthrough in…
Foreign institutional investors offloaded equities worth ₹760.11 crore on a net basis on (July 4, 2025, according to exchange data. File | Photo Credit: Reuters The rupee fell sharply by 47 paise to close at 85.87 (provisional) against the U.S. dollar on Monday (July 7, 2025) amid rising global crude oil prices and a strong American…
