Despite a surge in interest around gold as a strategic hedge against market volatility and inflation, institutional investors remain hesitant to significantly increase their exposure, according to a report by Liechtenstein-based investment and asset management firm Incrementum. According to an analysis of the global markets, family offices allocate just one per cent of their portfolios…
Image used for representative purpose only. | Photo Credit: Reuters The rupee pared its initial gains and settled for the day 1 paisa higher at 86.40 (provisional) against the U.S. dollar on Thursday (July 24, 2025), as risk aversion in global markets and an overnight recovery in crude oil prices dented investors’ sentiments. Forex traders…
According to the report, the soundness and resilience of scheduled commercial banks are bolstered by robust capital buffers, multi-decadal low non-performing loans ratio and strong earnings. File | Photo Credit: Reuters Indian economy remains a key driver of global growth on the back of sound macroeconomic fundamentals and prudent policies, the Reserve Bank of India (RBI)…
Gold price drops | Photo Credit: NAGARA GOPAL 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 India: Gold prices in India today were…
A broker reacts while watching the downfall of stocks at Bombay Stock Exchange in Mumbai. File | Photo Credit: PTI Equity markets fell on Thursday (July 24, 2025) with the benchmark Sensex tumbling 542.47 points, amid profit-taking in blue-chip stocks and continuous foreign fund outflows. Despite a positive start, the 30-share BSE Sensex failed to…
As the Goods and Services Tax (GST) completes eight years of implementation on July 1, tax experts acknowledge its successes but say a lot more work needs to be done in terms of simplification and rationalisation of rates. Among the big reforms suggested are the inclusion of fuel in the GST regime, the reduction in…
Gold prices rose on Wednesday, as investors bought on the dip, although gains were capped by easing US-EU trade tensions, with the market now awaiting the upcoming US core Personal Consumption Expenditures report for interest rate clues. Spot gold was up 0.3 per cent at $3,308.99 an ounce, as of 0237 GMT, slightly recovering from…
The 30-share BSE Sensex fell 170.42 points to 83,542.09 in early trade. The 50-share NSE Nifty dipped 44.35 points to 25,478.15. File | Photo Credit: AP Equity benchmark indices Sensex and Nifty declined in early trade on Wednesday (July 9, 2025) amid mixed global market trends as investors turned cautious due to tariff jitters and…
The manufacturing sector saw its growth rate nearly halving to 2.6% in May 2025 compared to 5.1% in May 2024, and 3.1% in April 2025. | Photo Credit: Reuters Growth in industrial activity in India slumped to a 9-month low of 1.2% in May 2025, with the mining, electricity, primary goods, and consumer goods sectors…
FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India. | Photo Credit: FRANCIS MASCARENHAS 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….
