Organised players in the Indian gold jewellery industry are expected to grow faster than the overall industry and capture a 45 per cent market share by FY30, according to a report by Nomura. The report highlighted that the Indian jewellery market has seen significant expansion over the last few years. It grew from $48 billion…
Representative image | Photo Credit: Reuters The rupee rose 3 paise to 88.72 against the U.S. dollar in early trade on Tuesday (September 30, 2025) on the back of a fall in crude oil prices and positive sentiments in the domestic equity markets. However, a marginally stronger greenback, coupled with FII outflows, prevented sharper gains…
The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…
market benchmark indices Sensex and Nifty rebounded in early trade after seven days of fall. File | Photo Credit: PTI Benchmark indices Sensex and Nifty bounced back in early trade on Tuesday (September 30,2025) after falling sharply in the past seven trading days, helped by buying in bank stocks. The 30-share BSE Sensex climbed 312.88…
Representational image of gold bars | Photo Credit: Reuters The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending…
Gold touched a new record high and Treasuries held their gains as concerns mounted over a US government shutdown. The precious metal, a traditional safe-haven asset, climbed above $3,839 an ounce. The commodity’s 46 per cent rise so far this year is poised to be the best annual gain since 1979. Treasuries were little changed…
The three-day closed-door Monetary Policy Committee (MPC) meeting, which commenced on Monday (September 29, 2025), has raised hopes of a rate cut. The October policy comes within weeks of a cut in Goods and Services Tax (GST) and at a time when demand is likely to be created in the domestic market amid the…
The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…
Falling for the seventh consecutive session, the 50-share NSE Nifty slipped 19.80 points or 0.08% to 24,634.90. Nifty has dropped more than 3% in the seven straight sessions due to selling by foreign investors. File. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed marginally lower in a volatile session on Monday (September…
At the interbank foreign exchange, the rupee opened at 88.69 against the U.S. dollar, and finally settled for the day with a loss of 7 paise at 88.79 (provisional), its lowest-ever closing level so far. File. | Photo Credit: Reuters Rupee consolidated in a narrow range and settled for the day lower by 7 paise…
