The Quad nations have unveiled a plan to counter China’s influence in the Indo-Pacific, focusing on critical mineral supply chains. This initiative aims to diversify sources of strategic minerals like lithium and nickel, reducing reliance on China. The group also expressed concerns about China’s economic pressure tactics and committed to upholding a region free from…
Gold prices are expected to consolidate between ₹98,000 and ₹1,00,000, with a potential breakout towards ₹1,03,000 if it surpasses ₹1,01,000. Silver shows weakness, forming lower highs and lows, targeting ₹1,09,000 with resistance near ₹1,14,000. Traders should monitor price action and global cues for both metals.
RAKBANK has pioneered as the first traditional UAE bank to integrate retail crypto trading into its mobile app, enabling customers to directly buy, sell, and swap cryptocurrencies like Bitcoin and Ethereum in AED. This service, facilitated through a partnership with VARA-regulated Bitpanda Broker MENA DMCC, streamlines access to digital assets within a regulated framework, initially…
US President Trump has announced a 25% tariff on Indian exports, effective August 1, impacting sectors like electronics, pharmaceuticals, and jewellery. Trump criticized India’s tariffs as “among the highest in the World” and hinted at penalties related to Russian energy purchases. This decision challenges India’s trade expectations, potentially affecting 10% of its exports and disrupting…
President Trump has expressed concerns that Canada’s support for Palestinian statehood could impede ongoing trade negotiations between the two countries. This follows Prime Minister Carney’s announcement that Canada will formally recognize Palestine at the UN, contingent on key reforms like holding elections and demilitarization.
EY India warns that US tariffs, though not directly impacting Indian IT, could trigger spending cuts by US firms. This coincides with existing economic uncertainties and AI’s rise. TCS plans a 2% workforce reduction, framing it as a future-readiness strategy. Single-digit revenue growth was recorded by major IT firms in Q1FY26.
Top stock market recommendations: Nuvama Professional Clients Group’s Aakash K Hindocha recommends buying Jindal Steel, Ajanta Pharma, and Godrej Agrovet. Hindocha anticipates range-bound trading for Nifty between 24600 and 25010, advising caution below 24600. Bank Nifty’s positive trend targets 56800/57100, contingent on holding above 55800.
