India’s economy shows robust momentum, defying global uncertainties with strong festive demand and GST reforms. Inflation remains low, and financial conditions are favorable. The nation is increasingly resilient to external shocks, supported by strong services exports and remittances. While FDI inflows are up, net FDI turned negative due to outward investments.
The Trump family is facing financial setbacks from the recent plummet in the cryptocurrency market, particularly hit hard by a drop in their memecoin investments, Bitcoin mining operations, and crypto assets tied to their social media ventures. Nevertheless, Eric Trump maintains a positive outlook on the future of cryptocurrencies, perceiving these market dips as prime…
India and the European Union are set to finalize a free trade agreement, defense pact, and strategic agenda at their upcoming summit. The FTA, a ‘living document,’ aims to boost trade and supply chain resilience, with key agricultural and alcohol market access issues resolved.
US stocks opened higher on Monday, with the S&P 500, Dow Jones, and Nasdaq all advancing. This positive sentiment is driven by expectations of a December Federal Reserve rate cut, overshadowing a setback for Novo Nordisk’s Alzheimer’s drug. Investors are now focusing on consumer strength entering the holiday season.
Adani Group achieved its strongest first-half performance in years, driven by record capital expenditure and robust operating earnings across its infrastructure portfolio. The conglomerate added significant gross assets, with EBITDA reaching an all-time high for the period. Key businesses like utilities and transport showed strong double-digit growth, maintaining healthy returns despite accelerated investments.
Non-bank finance companies are projected to grow by 18% annually, reaching Rs 50 lakh crore in assets under management by FY27. Lenders are becoming more selective, particularly in unsecured MSME loans due to rising borrower leverage and visible repayment stress. Growth in personal loans and gold loans is expected to be strong, supported by consumption…
Afghanistan has invited Indian companies to invest in its vast, untapped mineral resources, including gold and lithium, estimated to be worth $1 trillion. While Indian industry leaders acknowledge the potential, they stress the need for thorough geological surveys and infrastructure development before committing to projects.
Gold is poised for continued strength, acting as a safe haven against global turmoil. HSBC highlights robust demand from central banks and retail investors, driven by economic and geopolitical uncertainties. Despite a recent dip from record highs, the precious metal has stabilized, with expectations of further gains fueled by potential US Federal Reserve rate cuts…
Gold prices experienced a sharp decline on Monday, influenced by a stronger dollar and cautious investor sentiment ahead of key US economic data. Futures trade saw significant drops, with analysts anticipating these indicators will shape the Federal Reserve’s December policy. City-wise rates also reflected this downward trend.
Employees can now customize pay packages for better tax savings through flexi-benefit programs. Digital tools have simplified this, with prepaid cards managing tax-free allowances like meals and fuel. This eliminates manual paperwork for employees and reduces HR workload, creating a streamlined, compliant system for both staff and employers.
