Bullion Cues: Gold futures and silver futures gain traction
Traders can consider long positions
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Indian economy to sustain high growth momentum in coming quarters: CEA Nageswaran
Speaking virtually at an event organised by the Indian Chamber of Commerce, Chief Economic Adviser (CEA) V. Anantha Nageswaran on Saturday (August 30, 2025) said the high growth momentum exhibited in the first quarter of the current fiscal is expected to continue in the coming quarter as well, with a downward bias emanating from high…
Why is India’s trade deficit with China a concern? What is the risk of increasing dependence? | Explained
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing’s favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by Indian…
ONGC will continue buying Russian crude oil as long as it’s commercially viable: Chairman
Representational image of the logo of Oil and Natural Gas Corporation (ONGC) | Photo Credit: Reuters State-owned explorer Oil and Natural Gas Corporation (ONGC) will continue to buy crude oil from Russia if the prices remain economically viable, chairman and CEO Arun Kumar Singh said on Friday (August 29, 2025). Speaking to reporters after the…
U.S. tariffs: Carpet industry demands special bailout package
Image used for representative purpose only. | Photo Credit: KK MUSTAFAH The carpet industry has urged the central government for a special bailout package for the exporters in this sector, especially in Bhadohi, as a cushion against the impact of 50% tariff imposed by the U.S. All India Carpet Manufacturers Association (AICMA) and the Carpet…
Gold and silver beyond jewellery: Coins, bars and modern gifting trends for this festive season
Gold and silver have been the symbols of prosperity, tradition and good fortune in Indian homes for centuries. Though jewellery has been the most popular and widely known form of these metals, a strong change in consumer behaviour is taking place. Coins and bars of silver and gold are not only investment channels but are…
U.S. Govt must remove tariffs, says Australian Trade Minister
At a time when the Trump tarriffs have raised concerns, Australian Trade Minister Don Farrell said Australia does not support tariffs and the country had already asked the U.S. Government to remove the 10% tariff imposed on Australia. Expressing confidence about overcoming the hurdles in the ongoing CECA (Comprehensive Economic Agreement) negotiations between India…
Mauritius working with India to prevent round-tripping of investments, says Minister Jyoti Jeetun
Mauritius is working with Indian counterparts to institute norms for companies to demonstrate a functioning base and real business activity in the jurisdiction it is said to be operating to avert the country on the eastern coast of Africa from being utilised as a “letterbox or a post-box like-structure” for round tripping of investments, Mauritius’…
Weak rupee to push up domestic gold prices, hit demand in domestic markets
The pressure on the rupee and rising gold prices will ripple through domestic markets, dampening consumer sentiment and squeezing small retailers | Photo Credit: K K Mustafah The sharp depreciation in the rupee against the US dollar will keep the gold prices high in the domestic markets reining in jewellery demand during the festival season,…
Rupee dives 61 paise to close at all-time low of 88.19 against U.S. dollar
Representational file image. | Photo Credit: Reuters The rupee breached the 88-mark for the first time and closed at an all-time low of 88.19 (provisional) against the U.S. dollar on Friday (August 29, 2025), registering a sharp decline of 61 paise amid heightened Indo-US trade deal tensions. Forex traders said the rupee is under persistent…