Gold slipped further below $5,000 an ounce in thin trading, with much of Asia closed for the Lunar New Year and after a US holiday on Monday. Bullion fell as much as 1.4% on Tuesday, having lost 1% in the previous session. The metal had rallied briefly on Friday when modest US inflation data boosted…
Representative image. | Photo Credit: Reuters India’s merchandise trade deficit widened to a three-month high of $34.68 billion in January, marking the final month impacted by around 50% U.S. tariff on Indian exports, which government officials said will be pared to 18% this week. The wider-than-expected goods trade deficit was driven by a sharp rise…
Representative image. | Photo Credit: Getty Images/iStockphoto The rate of unemployment in the country among persons aged 15 years and above rose slightly to 5% in January this year from 4.8% in December 2025, according to a government survey released on Monday (February 16, 2026). The UR (unemployment rate) or joblessness recorded a marginal increase…
Budget 2026 has initiated, albeit limited, some important shifts in India’s approach to financial-sector reform. There are proposals to introduce a market-making framework for corporate bonds, develop total-return swaps and bond-index derivatives, establish an Infrastructure Risk Guarantee Fund, and recycle Central Public Sector Enterprises (CPSE) real estate assets through dedicated Real Estate Investment Trusts (REIT)….
RBI Governor Sanjay Malhotra encouraged MSMEs to pursue formalisation, maintain credit discipline and adopt digital payments to build their long-term resilience and competitiveness, the RBI said. File Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday (February 16, 2026) emphasised that improving access to timely and adequate formal credit for MSMEs remains a key…
Representational file image. | Photo Credit: Reuters Gold prices eased by ₹589 to ₹1.55 lakh per 10 grams in the futures trade on Monday (February 16, 2026) due to bearish trend in the international markets. On the Multi Commodity Exchange (MCX), the yellow metal for April delivery fell ₹589, or 0.38%, to ₹1,55,306 per 10…
Sunny Kumar Singh, Founder & CEO, DIAMANTE Caratix Jovella, a leading luxury jeweller, has launched a new brand DAIMANTE that combines artificial intelligence–assisted design with traditional craftsmanship to create jewellery that reflects modern values without losing emotional depth. At DAIMANTE, every design begins with AI-generated forms inspired by nature, geometry and energy. These concepts are…
Image used for representation purpose only | Photo Credit: Getty Images/iStockphoto The rupee settled flat at 90.66 (provisional) against the U.S. dollar in a range-bound trade on Monday (February 16, 2026), as positive momentum in domestic equities was offset by a strong US dollar in the overseas market. According to forex traders, lower crude oil…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1% on Monday (February 16, 2026), driven by strong buying in power, banking, and financial stocks. Snapping its three-day decline, the 30-share BSE Sensex jumped 650.39 points, or 0.79%, to close at 83,277.15. Follow:…
It’s no wonder that home loan borrowing in India is growing at a 14% pace, as per official data. Owning a home is one of the most sought-after dreams in India, especially for the middle class income group. But what usually follows this dream is taking a loan to fulfill it. Most homebuyers in India…
