Gold demand in India dropped by 16% during the recent festive season, mainly due to a slump in jewellery purchases, according to World Gold Council data. However, increased investment in gold helped offset the decline, reflecting changing consumer behaviour amid economic uncertainties. India’s gold demand dropped 16% during the festive season due to lower jewellery…
China has issued rare earth import licences to Indian companies, signaling a positive development in bilateral trade. Meanwhile, India’s Ministry of External Affairs is carefully evaluating the recently announced US-China pact concerning rare earth materials. China grants rare earth import licences to Indian firms as MEA reviews US-China pact, enhancing India’s access to critical minerals…
Former U.S. President Donald Trump described his recent discussions with Chinese President Xi Jinping as a ‘tremendous success,’ aiming to ease tensions between the two nations. However, critics have dismissed the talks as ineffective, calling them a ‘dud’ that failed to produce substantial outcomes. Donald Trump calls talks with Xi Jinping a tremendous success, but…
Groww’s initial public offering (IPO) is set to debut with strong investor interest, as grey market premiums indicate potential double-digit listing gains. The fintech unicorn’s ₹70,400 crore valuation reflects robust market confidence ahead of its listing. Groww IPO sees strong investor interest with grey market premium indicating potential double-digit listing gains for the fintech unicorn…
The Supreme Court of India ruled in favor of a brother who sold his late father’s house despite not being a beneficiary in the Will. The apex court’s decision clarified legal aspects surrounding property rights among heirs in absence of explicit shares in a Will. Supreme Court rules brother’s sale of father’s house valid despite…
The European Central Bank (ECB) maintained its key interest rates steady at 2% on October 30, 2025, as inflation in the eurozone neared its target. Following the decision, market attention is turning to the timing and scale of the ECB’s next potential rate cut amid evolving economic conditions. The ECB holds interest rates at 2%…
US stock markets edged closer to record highs on Thursday as investors assessed mixed earnings from major technology companies alongside evolving trade negotiations between former President Trump and Chinese leader Xi Jinping. The interplay between corporate earnings and geopolitical developments created a cautious but optimistic market environment. US stocks approach record highs amid mixed Big…
Newly announced Trump-era sanctions are set to disrupt global oil markets in the short term. However, experts suggest it is highly unlikely that India and China will completely cease purchasing Russian oil due to strategic and economic considerations. Trump-era sanctions cause short-term disruption to Russian oil exports, but India and China unlikely to halt purchases…
The Indian rupee declined by 47 paise to close at 88.69 against the US dollar on Thursday, pressured by hawkish monetary signals from the US Federal Reserve and subdued global market sentiment. The currency’s depreciation reflects investor concerns over rising interest rates and uncertain economic growth prospects. Indian rupee falls 47 paise to 88.69 vs…
The Securities and Exchange Board of India (SEBI) has issued a directive establishing a clear timeline for restructuring derivatives contracts on Bankex, BankNifty, and FinNifty indices. This move aims to deepen sectoral representation in India’s derivatives market and promote more diversified investment opportunities. SEBI announces a timeline to restructure derivatives on Bankex, BankNifty, and FinNifty,…
