Gold fell after two days of gains, as investors took profits in a choppy market that’s still trying to find a floor following a historic rout. Bullion dropped as much as 1.4% in early trading, dipping briefly below $5,000 an ounce, before paring some losses. The metal has declined about 10% since hitting its all-time…
India’s oil imports will be guided by “national interests”, said Foreign Secretary Vikram Misri on Monday (February 9, 2026), but did not refute U.S. President Donald Trump’s claim that India has committed to stop buying Russian oil. Mr. Misri’s statement came even as the government prepared to brief parliamentarians about the trade deals finalised with…
Steel Secretary Sandeep Poundrik. File | Photo Credit: Reuters India’s steel exports will continue to be impacted by the European Union’s carbon tax and import quotas, and the government will take steps to help the sector, the federal steel secretary said on Monday (February 9, 2026). The comments come days after India and the European…
Benchmark equity indices Sensex and Nifty extended their gains for the second straight session on Monday (February 9, 2026), driven by optimism over the India-U.S. trade deal and robust buying in public sector banks, consumer durables, and realty stocks. The 30-share BSE Sensex jumped 485.35 points, or 0.58%, to close at 84,065.75. During the day,…
Forex traders said the rupee witnessed high volatility as the support from positive domestic equities and foreign fund inflows was negated by risk-off sentiments among investors. | Photo Credit: Reuters The rupee witnessed a volatile trading session and settled for the day on a lower note, down 9 paise at 90.74 (provisional) against the U.S….
Budget 2026 has proposed accelerating the ‘recycling’ of real estate assets owned by central public sector enterprises (CPSEs) by creating dedicated Real Estate Investment Trusts (REITs). In her Budget speech on 1 February, Finance Minister Nirmala Sitharaman said that REITs have emerged as a successful tool for asset monetisation and that the government plans to…
Signage is seen outside the Moody’s Corporation headquarters in New York. File | Photo Credit: Reuters Moody’s Ratings on Monday (February 9, 2026) projected India’s GDP to grow at 6.4% in the next fiscal, the fastest pace among G-20 economies, driven by strong domestic consumption, policy measures, and a stable banking system. In its banking…
FILE PHOTO: UK gold bullion bars are stacked at Baird & Co in Hatton Garden in London, Britain. | Photo Credit: Hiba Kola Gold prices in India have seen an upward trend today, February 9, with an increase seen across all major cities. The price of both 22-carat and 24-carat gold has risen compared with…
Gold and silver extended gains on Monday, with the former trading just above the $5,000-per-ounce level as the dollar dipped, while investors awaited key jobs and inflation data due later in the week to gauge U.S. interest rate trajectory. Spot gold rose 1.1% to $5,012.76 per ounce by 0502 GMT after a 4% climb on…
Equity benchmark indices Sensex and Nifty opened on a positive note on Monday (February 9, 2026) amid foreign fund inflows, a rally in Asian markets and optimism following a fresh trade agreement between India and the U.S. The 30-share BSE Sensex climbed 441.77 points, or 0.53%, to 84,022.17 in the morning trade. The 50-share NSE…
