Gold price prediction: Intraday traders can look for buying opportunities on dips near ₹1,01,850, with a stop-loss placed at ₹1,01,450. (AI image) Gold price prediction today: Gold rates suggest a ‘buy on dips’ strategy, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold futures on…
Chris Wood further observed that India’s ongoing Russian oil purchases have become a major point. (AI image) The Donald Trump administration’s move to impose 50% tariffs on India is ‘draconian’, according to Jefferies’ emerging markets strategist Chris Wood, who believes that the step will lead to a direct hit of $55-60 billion.According to an ET…
Urjit Patel appointed executive Director to IMF (File photo) Former Reserve Bank of India (RBI) governor Dr Urjit Patel has been appointed as Executive Director of the International Monetary Fund (IMF) from India for a three-year term, according to a Personnel Ministry order. The appointment was cleared by the Appointments Committee of the Cabinet. Patel,…
Market experts indicate that supportive measures will provide stability to domestic markets despite international trade challenges. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green on Thursday after a sharp decline in the last two trading sessions. While Nifty50 was above 24,500, BSE Sensex was up over 100…
Sanand: Semiconductor company CG Semi is expected to roll out the first ‘Made in India’ chip from its pilot facility here soon, union minister Ashwini Vaishnaw said on Thursday. CG Semi’s G1 or pilot facility was inaugurated by Vaishnaw along with Gujarat chief minister Bhupendrabhai Patel. “CG Pilot line has started today. It is a…
Mumbai: In a broader indication of a succession plan at the 160-year-old Shapoorji Pallonji Group, Shapoorji Mistry, 61, has stepped down as the chairman of the group’s “crown jewel” Afcons Infrastructure, while his son Pallon Mistry, 33, has been inducted into the board of the listed company. The foundation for the succession plan was laid…
MUMBAI: The share of mutual funds in the household sector’s gross financial savings increased from 0.9% in 2011-12 to 6% in 2022-23. Assets under management have grown at a compounded annual growth rate (CAGR) of 17.1%. This has made mutual funds a stabilising force in equities and helped cushion the equity market against volatility triggered…
The United States economy showed stronger growth than previously estimated in the second quarter of the year, government figures showed on Thursday.According to the second estimates released by the US commerce department, the gross domestic product (GDP) rose at an annual rate of 3.3% between April and June, an upward revision from the 3.0% figure…
The Indian aviation sector is expected to encounter greater turbulence in FY2026, with projected net losses that can climb to Rs 95,000 to Rs 1,05,000 crore compared to Rs 55,000 crore in FY2025. The escalation in losses is driven by slowing passenger traffic growth alongside increasing aircraft deliveries, as cited by ICRA. “During FY2025, the…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in opening trade on Thursday a day after 50% US tariffs came into effect on India, but recovered in mid-day trade. While Nifty50 was below 24,700, BSE Sensex was over 200 points down. At 11:05 Am, Nifty50…
