For most Indian households, gold represents safety — a store of value kept securely in lockers. But increasingly, more Indians are discovering how to make idle gold work through loans, monetisation schemes, leasing options, and even digital gold funds.According to a Morgan Stanley report, cited by ET, Indian households collectively hold 34,600 tonnes of gold,…
Countries around the world are growing increasingly cautious about maintaining sovereign assets abroad. (AI image) India’s gold reserves are increasingly being stored in the country – a significant move in an era where countries use financial warfare to mount pressure and settle scores. The Reserve Bank of India (RBI) has intensified its efforts to transfer…
US stocks hovered around record levels on Tuesday as investors awaited key events, including the Federal Reserve’s policy decision and an upcoming meeting between President Donald Trump and Chinese President Xi Jinping.In morning trade, the S&P 500 rose 0.1 per cent, while the Dow Jones Industrial Average gained 190 points, or 0.4 per cent, and…
Indian oil refiners, including Indian Oil Corporation (IOC), may not completely halt purchases of Russian crude despite fresh US sanctions, as the measures target specific Russian suppliers rather than the oil itself. Officials said that while four Russian oil companies have been sanctioned so far, India’s largest supplier, Rosneft, which handles nearly 45 per cent…
A tale of contrasts: A soy farm in US state of Minnesota and a family in Maharashtra’s Nagpur preparing a field for cultivation of the crop in India. Farmers in US enjoy better output, thanks to large landholdings and heavily mechanised agriculture. That’s in stark contrast to small plot sizes and labour intensive farming in…
File photo: President Droupadi Murmu (Picture credit: ANI) India is working not only to achieve its clean energy goals but also to emerge as a global hub that aggregates global solar demand and drives innovation, manufacturing and knowledge exchange by 2050, President Droupadi Murmu said on Tuesday.Addressing the 8th Session of the International Solar Alliance…
In a few days, millions of American families could find their cupboards bare. As the government shutdown drags on, food stamp payments are set to stop from 1 November, cutting off a vital lifeline for 42 million people and exposing how close hunger lies beneath the surface of the world’s richest nation. The big picture…
India is planning to make it mandatory for all liquefied natural gas (LNG) import terminals to build an additional 10% storage capacity that the government can access during supply or price disruptions. According to a draft proposal by the oil ministry, this change will amend the registration rules for LNG terminals under the Petroleum and…
The exchange did not specify a definite schedule for resuming operations. (AI image) MCX trading glitch: The Multi Commodity Exchange (MCX) has been hit by a serious technical disruption on Tuesday, which has resulted in an extended four-hour suspension of trading activities. This interruption has impacted futures contracts trading across essential commodities, particularly gold and…
According to the International Energy Agency, India purchased 1.9 million barrels per day during the first nine months of 2025. (AI image) Donald Trump sanctions impact: With the US and EU imposing fresh sanctions on Russian oil, Indian oil refiners have stopped any fresh orders of Russian crude. According to a Reuters report, the refiners…
