India is going through a rocky terrain as far as industrial production and corporate investment are concerned. On June 30, the Ministry of Statistics and Program Implementation (MoSPI) released the monthly growth rate of the Index of Industrial Production (IIP), which has slowed to a nine month low of 1.2%. This piece attempts to explain…
The blistering rally that’s seen gold prices soar more than a quarter this year has sputtered out in the last couple of months, as trade tensions eased and on signs investors are hesitant to enter at these elevated levels. Gold steadied as investors watched for clearer signs that Israel-Iran tensions won’t spill over into war…
Image sued for representative purpose only. | Photo Credit: REUTERS The rupee declined 15 paise to settle at 86.07 (provisional) against the U.S. dollar on Thursday (July 17, 2025) amid a stronger greenback, outflow of foreign funds and volatile global crude oil prices. Selling trend in the domestic equity markets and uncertainties over the outcome…
The Indian economy is expected to grow at 6.5% in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday (July 15, 2025). In an interview with PTI, Mr. Dev further said that domestic growth will be driven by…
FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India. | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities….
Representative image | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty settled lower on Thursday (July 17, 2025) following selling in IT shares and investors remaining in a wait-and-watch mode ahead of the outcome of the U.S.-India trade talks. The 30-share BSE Sensex dropped 375.24 points or 0.45% to settle at 82,259.24. During the…
India’s overall trade deficit contracted 9.4% in the first quarter of this financial year to $20.3 billion on the back of a nearly 11% growth in services exports during this period, according to official data. | Photo Credit: Getty Images/iStockphoto India’s overall trade deficit contracted 9.4% to $20.3 billion in the first quarter of this…
“We have seen an impressive rally in gold prices and were fortunate to be part of the uptrend since 2019,” said MOWM, adding that said some kind of “market fatigue” has begun to appear at these higher levels | Photo Credit: istock.com The six-year rally in gold, which has bedazzled the investment community with over…
Adani Group has sold a 20% stake in AWL Agri Business Limited (formerly known as Adani Wilmar Limited) to Wilmar International, Singapore, for ₹7,150 crore, according to a stock exchange filing. Adani had in December announced divestment of its entire 44% stake in Adani Wilmar in order to sharpen its focus on core infrastructure businesses….
The committee, headed by senior BJP MP Baijayant Panda, is likely to submit the report in the upcoming Monsoon Session of Parliament. File | Photo Credit: PTI The Select Committee of Parliament that examines the Income Tax Bill-2025 is learnt to have finalised its report on Wednesday (July 16, 2025) with about 285 suggestions to…
