New Delhi: Prime minister Narendra Modi on Tuesday said the income tax rationalization undertaken by the Centre in the last 10 years has left more money in the hands of the middle class. The Union budget presented on 1 February made income up to ₹12 lakh tax-free, up from ₹7 lakh earlier. Factoring in the…
From the Sensex firms, State Bank of India, Trent, NTPC, Tata Motors, UltraTech Cement and Kotak Mahindra Bank were among the gainers on August 11, 2025. File | Photo Credit: The Hindu Equity benchmark indices Sensex and Nifty were trading in positive territory in early trade on Monday (August 11, 2025) amid fresh foreign fund…
Soybeans are displayed with a farmer miniature in this illustration picture. | Photo Credit: Reuters Chicago soybean prices rose more than 2% on Monday (August 11, 2025) after U.S. President Donald Trump said he hoped China would quadruple its soybean orders from the United States. China is the largest soy importer in the world, but…
Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 8 paise to 87.50 against the U.S. dollar in early trade on Monday (August 11, 2025), tracking a weak American currency, as investors await cues from the upcoming talks between Russia and the U.S. Forex traders said the Indian rupee opened with…
Almost everyone has exposure to either physical or financial gold. The same cannot be said of silver. In this article, we discuss when it would be meaningful to have both gold and silver in your portfolio. Core or satellite? Often, gold and silver move in the same direction and by similar magnitude. Recently, silver had…
Capital expenditure (capex) goes towards creation of fixed assets, such as roads and bridges, irrigation structures, schools, hospitals, along with investments made in Public Sector Undertakings. | Photo Credit: Getty Images/iStockphoto Tamil Nadu is among the States which saw a decline in capital expenditure in the first quarter of 2025-2026. Capital expenditure (capex) goes towards creation…
Gold prices are likely to extend gains in the coming week, as macroeconomic uncertainty, tariff disputes and central bank buying continue to underpin investor appetite for the precious metal, according to analysts. Traders will closely monitor a series of key macroeconomic data releases from major economies, including the UK and EU GDP, the US Core…
Representational file image. | Photo Credit: M. Srinath Foreign investors have pulled out nearly ₹18,000 crore from Indian equities so far this month, weighed down by escalating U.S.-India trade tensions, disappointing first-quarter corporate earnings, and a weakening Indian rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities has reached ₹1.13 lakh…
Shift from traditional jewellery to digital gold is driven by rise of tech-savvy investors, affordability, security and convenience. Fractional ownership helps smaller investors with a transparent way to buy, sell and store gold. The digital transformation has integrated advanced technologies in inventory management, customer engagement and jewellery operations. Hallmark security certifications with superior quality products…
The story so far: On August 6, U.S. President Donald Trump announced a whopping 25% penalty tariff on Indian goods for India’s import of Russian oil. This was on top of the 25% reciprocal tariffs announced on July 31 after Indian and U.S. negotiators failed to reach a Free Trade Agreement (FTA). Also Read |…
