Gold prices have crashed by ₹2,636 per 10 gm in past two weeks to ₹96,596 on Monday. | Photo Credit: ANGELIKA WARMUTH The bearish trend in gold is expected to continue in the short-term as the dollar strengthened against major currencies including rupee. Gold prices have crashed by ₹2,636 per 10 gm in past two…
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty dropped in early trade on Monday (July 21, 2025), but buying in the blue-chip stocks ICICI Bank and HDFC Bank helped the markets recover all the early lost ground. The 30-share BSE Sensex declined 148.68…
Personal loan is often the preferred credit option for those seeking quick credit access with minimal documentation and no collateral. However, this ease of access leads many borrowers to overlook crucial aspects, leading to higher interest costs, unexpected charges or even a debt trap. Here are five common mistakes loan applicants should avoid: Not getting…
All global regions experienced investments in gold ETFs in June. In Asia, India led inflows in June, likely supported by rising geopolitical risks in the Middle East. | Photo Credit: istock.com Following a $1.8 billion outflow in May, global physically backed gold exchange-traded funds (ETFs) saw a $38 billion investment in June. The performance in…
Benchmark BSE Sensex surged by 442 points while Nifty closed above the 25,000 level on Monday (July 21, 2025) following buying in blue-chip stocks HDFC Bank and ICICI Bank after their quarterly earnings. Snapping the two-day falling streak, the 30-share BSE Sensex climbed 442.61 points or 0.54% to settle at 82,200.34. During the day, it…
The number of asset management companies (AMC) have increased over the years. This makes it difficult for product differentiation in the equity space, as funds typically invest within the universe of 500 stocks comprising large-caps, mid-caps and small-caps. It is, therefore, not surprising to see AMCs creating different products to woo investors. A differentiating product…
Spot gold rose 0.3% to $3,333.67 per ounce as of 0245 GMT. Gold rose on Friday after US President Donald Trump announced new tariffs on Canadian imports and broader tariff threats to other trading partners, but gains were capped by a stronger dollar amid mounting signs of turmoil in global trade landscape. Spot gold rose…
The rupee pared initial gains and settled for the day down 5 paise at 86.36 (provisional) against the US dollar on Tuesday (July 22, 2025) amid uncertainty over the US-India trade deal ahead of the August 1 deadline. Forex traders said, all eyes are now on the outcome of India-U.S. trade talks, especially as the…
The Parliamentary Select Committee appointed to review the new Income Tax Bill 2025 proposed by the government has retained the provisions in the new Bill empowering tax officials to access, forcibly if necessary, the social media and private emails of people they are conducting search and seizure operations on. The Income Tax Bill 2025 was…
A World Gold Council (WGC) expert has said that if historical perspectives were put in today’s context gold could face short-to-medium term pressure. “…going by past downturns in gold, some events may slow the rally in gold witnessed over the past few years, while others could fuel a prolonged decline,” said Ray Jia, Research Head,…
