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…
For centuries, gold jewellery has been a symbol of prosperity, tradition, and familial legacy across Indian households. India’s deep-rooted cultural affinity for gold is globally recognised. For centuries, gold jewellery has been a symbol of prosperity, tradition, and familial legacy across Indian households. However, in recent years, we are witnessing a discernible shift: the conventional…
The 30-share BSE Sensex dropped by 247.01 points or 0.30%, to settle at 82,253.46 and the 50-share NSE Nifty settled lower by 67.55 points or 0.27%, at 25,082.30. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty declined on Monday (July 14, 2025), extending the losing run to the fourth day amid selling…
U.S. President Donald Trump on Monday (July 7, 2025) set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos and Myanmar, all of which would go into effect on August 1. Mr. Trump provided notice by posting letters on Truth Social that were…
As geopolitical tensions continue to reshape the global economic order, India finds itself at a crucial juncture in re-evaluating its strategic resources, particularly its bullion policies. With its historical dependence on gold imports and a deeply entrenched cultural affinity for the yellow metal, India must consider the lessons emerging from its long-standing tensions with Pakistan…
Image used for representative purpose only. | Photo Credit: Getty Images/iStockphoto Silver prices skyrocketed ₹5,000 to hit a fresh peak of ₹1,15,000 per kg in the national capital on Monday (July 15, 2025) as investors rushed to safe-haven assets following weakness in the U.S. Dollar amid uncertainties over U.S. tariff threats. According to the All…
