US sanctions on Russia’s Rosneft and Lukoil are unlikely to halt Indian and Chinese crude purchases, though short-term disruptions are anticipated. While buyers reassess risk, direct purchases by non-US entities remain legally permissible, suggesting major export disruptions are improbable.
US markets saw mixed results as Big Tech earnings presented both positive and negative signals, while renewed optimism around US-China trade ties emerged. The Dow Jones Industrial Average gained, but the S&P 500 and Nasdaq composite experienced slight declines. Investors are also reacting to Federal Reserve caution on interest rates.
Online brokerage Groww is poised for a significant IPO in 2025, with a potential valuation of $8 billion. The issue, opening November 4, includes a fresh equity sale and an offer for sale by early investors. Strong earnings recovery and a diversified portfolio beyond broking position Groww for success, potentially boosting investor sentiment for Indian…
Indian companies have secured licenses to import rare earth magnets from China, following US-China trade talks. The agreement aims to de-escalate the trade war, with Washington reducing tariffs and Beijing ensuring critical rare earth supplies. This development is being closely monitored for its impact on India’s domain.
New banking regulations starting November 1, 2025, will allow up to four nominees for bank accounts and safety lockers. SBI Card is also updating its fee structure for education payments and wallet reloads. Additionally, PNB is reducing locker rent, and government pensioners have extended deadlines for life certificate submissions and NPS transitions.
India’s gold demand saw a 16% dip in Q3 2025, with record prices curbing jewellery sales despite a 20% surge in investment buying. Jewellery demand fell 31% by volume, yet its value held steady. This shift highlights a growing preference for gold as a long-term asset, with early signs of recovery expected for the festive…
India and the US are continuing discussions to finalize a trade deal, with US President Trump hinting at an imminent agreement. The proposed deal reportedly includes reducing US tariffs on Indian exports and India decreasing Russian oil imports while increasing energy purchases from the US.
Gold ETFs have seen a remarkable 53% surge in 2025, prompting experts to advise investors to view gold as a hedge against inflation and uncertainty, not a trading bet. While the long-term outlook remains positive, those with over 8-10% portfolio allocation are recommended to book partial profits. A recent dip of nearly 9.
India is carefully reviewing the impact of new US sanctions on Russian oil companies. The nation reiterated its commitment to securing affordable energy for its 1.4 billion people, prioritising national interests and diverse sourcing. Meanwhile, US President Donald Trump said India’s been “very good” in efforts to reduce Russian oil imports.
