Indian investors are buying more gold bars and coins as prices climb. This investment surge has pushed gold’s share of total consumption to a record high. While jewelry demand has fallen due to high prices, investor interest is expected to…
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The Indian rupee fell to a two-week low against the U.S. dollar, mirroring losses in Asian markets as expectations for a December U.S. rate cut diminished. Traders indicated potential Reserve Bank of India intervention helped moderate the decline. Federal Reserve…
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Commerce Minister Piyush Goyal on Wednesday underscored the need to deepen domestic capabilities across the electronics value chain, noting that greater self-reliance in both finished products and components will be key to sustaining India’s export momentum and reducing import dependence.
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Jefferies warned that Sebi’s proposed mutual fund fee revamp could trim AMC profits by up to 10% from FY27. The brokerage said cuts to exit load charges, brokerage fees, and total expense ratios may pressure earnings at top players like…
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PhonePe has raised $600 million of new funding from General Atlantic (GA) as it gears up for a local listing early next year. The latest investment reinforces its commitment to back the homegrown consumer internet company even as diversification of…
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The US Federal Reserve has lowered interest rates for the second time this year. This move aims to boost economic growth as the job market shows signs of slowing. Policymakers are closely watching inflation and job creation data. The decision…
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