Despite high prices and subdued jewellery demand, a gold demand recovery is expected with the upcoming festive season. Investment demand remains strong, supported by sustained investor interest in physical gold and gold-linked products. India’s gold reserves have reached a record…
Read More
Mark Mobius remains optimistic about India, planning a new fund with significant Indian allocation, citing undervalued companies. He anticipates a shift towards private enterprise in China, boosting its market. Mobius believes inflation is persistent, advocating equity investments in companies that…
Read More
Nirma Group’s Nuvoco Vistas Corp has completed its acquisition of debt-ridden Vadraj Cement by making a payment of Rs 1800 crore to lenders, led by Punjab National Bank and Union Bank of India. This acquisition will boost Nuvoco Vistas’ installed…
Read More
Institutional investments in the Indian real estate market reached $3,068 million ($3.1 billion) across 30 deals in the first half of 2025, according to a report on Monday.
Read More
Reliance Infrastructure announced its subsidiary, JR Toll Road Pvt Ltd, has fully settled a ₹273 crore loan, including interest, with Yes Bank. Reliance Infrastructure acted as the corporate guarantor for the loan. This repayment marks a significant step in Reliance…
Read More
Union Commerce and Industry Minister Piyush Goyal on Monday said that with record export figures and multiple free trade agreements (FTAs), India is charting a new road to economic prosperity.
Read More