Asian shares take a breather: Japanese Yen weakens sharply; Brent and WTI crude prices fall after overnight spike

Asian shares paused their recent rally on Thursday as investors positioned for month- and quarter-end flows, while the Japanese yen weakened to fresh lows against the euro and the Swiss franc surged amid currency market volatility.Oil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that…

Read More

Gold & silver price prediction today: MCX Gold, MCX Silver to remain bullish? Here’s the outlook

MCX Gold is currently exhibiting a strong and sustained uptrend, supported by clear technical evidence on the charts. (AI image) Gold and silver price prediction today: Gold prices are likely to continue their strong bullish momentum, and silver too will maintain its stealth trend, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…

Read More

China’s move ‘to safeguard WTO’

China will no longer claim benefits available to developing nations at the World Trade Organization, announced Chinese Premier Li Qiang. He is currently in the US to attend the United Nations General Assembly. WTO director general Ngozi Okonjo-Iweala welcomed the decision on X, calling it “a culmination of many years of hard work” and thanking…

Read More

Mutual funds scale Rs 75 lakh crore AUM: Share of passive funds has more than doubled – Here’s all you need to know

India’s mutual fund industry continues its strong growth trajectory, scaling a fresh peak in August 2025, with assets under management (AUM) touching an all-time high of Rs 75.19 lakh crore — up 12.7% from Rs 66.7 lakh crore a year ago, according to a Franklin Templeton report.Equity-oriented schemes continue to dominate, with AUM at Rs…

Read More

‘Pivotal moment’: China ends special treatment in future talks; WTO welcomes move for fairer global trade

The World Trade Organization (WTO) on Wednesday welcomed China’s decision not to seek new special treatment in future WTO negotiations, calling it a step toward a more equitable global trading system.“This is a pivotal moment for the WTO,” said Ngozi Okonjo-Iweala, WTO Director-General, news agency AFP reported. “China’s decision reflects a commitment to a more…

Read More

‘We don’t want to punish India’: American energy sec says New Delhi doesn’t need to buy Russian oil; gives this solution

US energy secretary Chris Wright on Wednesday urged India to reconsider its imports of Russian oil, saying that the country has plenty of alternative sources. Speaking to ANI, he alleged that buying Russian oil indirectly funds ongoing atrocities in Ukraine, while highlighting the potential for stronger energy and trade cooperation between the US and India.“There…

Read More

GST 2.0: RBI bulletin highlights gains in ease of doing business; domestic growth outlook stays positive

The GST reform will progressively deliver a positive impact on the Indian economy by enhancing ease of doing business, lowering retail prices and strengthening consumption growth drivers, according to an article in the Reserve Bank of India’s September Bulletin.The bulletin said global uncertainty remained elevated in the wake of US tariffs on major trading partners…

Read More

UAE-India trade boost: UIBC signs strategic MoUs, to deepen CEPA and state-level investments

The UAE-India Business Council (UIBC) has signed a series of strategic agreements to strengthen industry collaborations and expand trade and investment flows between India and the UAE.As part of three separate pacts, UIBC and the UAE-India CEPA Council (UICC) agreed to enhance institutional collaboration, ensuring greater coherence in advancing the objectives of the UAE-India Comprehensive…

Read More