Why gold prices may continue to be on the upswing
While international gold prices have recently surpassed $3,000 per ounce, domestic investors are increasingly turning to gold ETFs, which have outperformed several other asset classes.
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Morgan Stanley prunes FY26 India growth forecast to 6.1%
Morgan Stanley has revised India’s growth forecast downward to 6.1% for 2025-26, citing trade and tariff policy shifts impacting external demand and investment. A slower recovery is anticipated for 2026-27, with growth expected to bottom out in late 2025. Benign…
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China’s Q1 GDP grows 5.4% y-o-y beating expectations, but US tariff shock dims outlook
China’s first-quarter GDP growth surpassed expectations at 5.4%, driven by strong consumption and industrial output. However, escalating U.S. tariffs pose a significant threat, potentially impacting exports and overall economic stability. Analysts anticipate a slowdown in growth for 2025, prompting concerns…
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JSW Steel to invest Rs 50,000 cr for 10 MTPA green steel capacity for European mkt
JSW Steel plans to invest Rs 50,000-60,000 crore in a brownfield project at its Salav plant in Raigad district to establish a 10 MTPA green steel capacity over the next three to four years. This investment is driven by European…
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ICICI Lombard posts surprise profit drop on surge in claims, accounting change
ICICI-LOMBARD-India’s ICICI Lombard posts surprise profit drop on surge in claims, accounting change
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IndusInd says derivative losses at Rs 1979 crore based on PWC report
IndusInd Bank disclosed a Rs 1979 crore loss in its derivative portfolio due to account discrepancies, as revealed in a PWC report. The bank anticipates a 2.27% negative impact on its net worth by December 2024.
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