China has retorted to US President Trump’s threat of halting cooking oil imports, stating trade conflicts benefit no one. This follows Beijing’s suspension of US soybean purchases, which Trump called an “economically hostile act.” The US was China’s largest customer for used cooking oil last year, highlighting the significant trade ties at stake amidst escalating…
Silver is 2025’s top investment, soaring 102% with prices nearing Rs 1.8 lakh/kg. Analysts predict further gains to Rs 2.46 lakh, driven by green energy and tech demand, outperforming gold and equities. Supply shortages persist, with a projected 118 million-ounce deficit this year, underpinning its fundamental strength.
Gold prices surged to a record Rs 1,27,500 per 10 grams on MCX, fueled by safe-haven demand amid geopolitical tensions and expectations of US rate cuts. Silver also climbed significantly. Global markets mirrored this trend, with spot gold nearing record highs. Investors are seeking stability as the US Fed signals a cautious approach to interest…
French shipping giant CMA CGM is eyeing India as a hub for constructing small, LNG-powered container vessels, signing a letter of intent for six ships worth $300 million. This historic deal, following discussions with Prime Minister Modi, marks India’s first container ship order from a global mainline operator.
Gold price prediction today: Gold prices are poised to potentially surpass $4,200 this week amidst renewed US-China trade tensions and expectations of further US Federal Reserve rate cuts. Despite a strong eight-week rally, downside risks and volatility persist.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,200, BSE Sensex was up almost 300 points.
Asian stocks surged Wednesday, driven by Federal Reserve Chair Jerome Powell’s hints of a potential interest rate cut this month. This optimism overshadowed renewed US-China trade tensions, with markets focusing on Powell’s comments regarding the labor market and potential pauses in bond-holding reductions. Investors returned to a tech-fueled rally, despite mixed economic data and ongoing…
Wall Street stocks declined early Tuesday as renewed trade tensions between the US and China pressured major indices. The S&P 500, Dow Jones, and Nasdaq all saw losses, reflecting investor sentiment shifts. China’s ban on dealings with South Korean shipbuilder subsidiaries, seen as a counter to US shipbuilding efforts, contributed to the downturn.
For the first time in two decades, the US passport has fallen out of the top 10 most powerful, now sharing 12th place with Malaysia. This decline, attributed to various access restrictions and an inward-looking policy, contrasts with China’s significant gains in global mobility and influence.
The EPFO has extended the withdrawal period for provident fund and pension accounts for the unemployed. Members can now claim their provident fund after 12 months and pension after 36 months of joblessness. This move aims to boost social security and encourage long-term retirement savings by retaining a minimum balance.
