RBI Governor Sanjay Malhotra suggested gold prices are now acting as a fresh barometer of global uncertainty, a role previously held by crude oil. He warned of a potential correction in global equity markets, especially tech stocks, citing widespread fiscal stress. This comes as gold continues its upward trajectory, poised for a seventh consecutive weekly…
US stocks continued to climb, nearing record highs, fueled by optimism around artificial intelligence and hopes for easier interest rates. A partial government shutdown delayed the jobs report, yet the AI sector saw significant boosts from new partnerships alongside warnings of a potential bubble and revenue impacts from export restrictions.
The US government shutdown has delayed crucial economic reports, including key employment data, creating significant uncertainty for the world’s largest economy. This data freeze hinders the Federal Reserve’s ability to make informed monetary policy decisions, impacting families nationwide. With hundreds of thousands of federal employees furloughed, concerns are mounting over market stability and economic planning…
Gold prices fell on Friday, ending a five-day record rally. Profit booking and a US dollar recovery impacted sentiment. Silver prices also declined. Gold still shows weekly gains. Demand for safe-haven assets persists. US government shutdown worries and geopolitical tensions fuel this demand. Central bank purchases also support the uptrend.
India has earned global acclaim, becoming the fifth nation to receive the prestigious ISSA Award for Outstanding Achievement in Social Security. Union Minister Mansukh Mandaviya accepted the honour, attributing it to Prime Minister Modi’s vision for inclusive protection. The country’s social security coverage dramatically expanded from 19% in 2015 to a projected 64.
RBI Governor Sanjay Malhotra and Finance Minister Nirmala Sitharaman affirmed India’s economic stability and resilient growth at the Kautilya Economic Conclave 2025. They highlighted strong fundamentals, including low inflation and robust balance sheets, positioning India as a stabilising force amidst global turbulence and trade challenges, even with US tariffs.
India’s economy is experiencing robust growth and expanding investment opportunities, affirmed NK Singh, 15th Finance Commission chairman. The nation remains the fastest-growing major economy, with recent GDP surging to 7.8%. Ongoing structural reforms, including GST, are fostering fiscal space and investor confidence.
The Centre has extended the deadline for fresh applications to its textile Production-Linked Incentive (PLI) scheme until December 31, following an encouraging industry response. This move offers prospective investors another opportunity to participate, reflecting growing confidence in domestic manufacturing and market demand for synthetic and specialized fabrics. The scheme aims to boost large-scale production and…
According to Vahan data, total registrations of battery-powered vehicles in Sept stood at 1.82 lakh units, down 3% from 1.88 lakh units in August. However, quarterly volumes showed improvement, with 5.70 lakh units registered in Q2 FY26 compared to 5.33 lakh units in Q1 of this fiscal.
India’s pre-owned luxury market is experiencing unprecedented growth, with sales of watches and bags surging across online and offline platforms. Retailers report quadrupled sales and significant demand from tier-II and tier-III cities, driven by high aspirations. This boom is seen as a revolution, prompting expansion plans for certified luxury goods.
