Recent reports claiming that “China has stopped gold trading” have created confusion among investors. However, the claims are misleading. China has not banned gold trading or gold ownership. Instead, several of the country’s largest banks have decided to restrict leverage...
New Delhi: During the recent US-Iran conflict, concerns grew that the Indian rupee could weaken sharply against the US dollar, with some analysts warning that the exchange rate could touch the ₹100 mark if crude oil prices continued to surge and disruptions in the Middle East intensified. ...
India’s state owned Oil Marketing Companies (OMCs) have reduced the price of 19 kg commercial LPG cylinders by ₹183.50, effective 1 July 2026, marking the first major cut in commercial LPG prices this year. The move is expected to provide significant relief to Restaurants, Hotels, Ca...
Amazon has announced a major expansion of its investment plans in India, committing to invest $48 billion between 2026 and 2030 following a meeting between CEO Andy Jassy and Prime Minister Narendra Modi in New Delhi. The announcement highlights Amazon’s long term strategy to expand ...
The rapid expansion of some of India’s largest business groups through acquisitions of Ports, Airports, Cement companies, Media assets and Infrastructure projects has reignited debate over market concentration, competition and the future of India’s corporate landscape. Over the...
A growing debate among economists, policymakers and market experts has reignited questions about the true state of the Indian economy. While India continues to be one of the world’s fastest growing major economies, some experts have raised concerns about investment trends, employment...
Indian information technology stocks witnessed a sharp sell off, with the Nifty IT index plunging nearly 6 percent in a single trading session as investors reacted to concerns over slowing global technology spending and the growing impact of artificial intelligence on the sector. Leading I...
Net inflows into equity mutual funds witnessed a sharp decline in May, falling nearly 40% month on month to ₹22,908 crore from ₹38,440 crore in April, according to the latest data released by the Association of Mutual Funds in India (AMFI). The figure marks the lowest monthly equity inflow...
Households across India will have to pay more for cooking gas after state run oil marketing companies increased the price of domestic LPG cylinders by ₹29 per 14.2 kg cylinder, effective 7 June 2026. This is the second increase in domestic LPG prices within the last three months. What are ...
The alliance of major oil producing nations known as OPEC+ is expected to approve another increase in oil production targets for July, even as geopolitical tensions continue to disrupt global energy markets. According to sources familiar with the discussions, the planned increase is expect...
