India’s foreign exchange reserves surged $4.885 billion to an all-time high of $728.494 billion during the week ended February 27, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, the country’s reserves had declined by $2.119 billion to $723.608 billion, PTI reported. The earlier record high stood…
Benchmark equity indices Sensex and Nifty fell sharply on Friday, retreating by more than 1 per cent after a brief recovery in the previous session as escalating tensions in West Asia and surging crude oil prices weighed on investor sentiment.The 30-share BSE Sensex declined 1,097 points, or 1.37 per cent, to close at 78,918.90. During…
The head of the International Energy Agency (IEA) has cautioned Europe against returning to Russian gas supplies, warning that doing so would be both economically and politically misguided despite the current turmoil in global energy markets, according to a Reuters report.IEA Executive Director Fatih Birol said the ongoing Middle East crisis has prompted fresh debate…
Gold prices traded largely steady in futures markets on Friday, while retail bullion rates across major Indian cities remained almost unchanged with marginal declines.As of 15:02 pm, gold futures on the Multi Commodity Exchange (MCX) showed limited movement across key contracts. The April 2026 contract was trading at Rs 1,60,008 per 10 grams, up Rs…
China now has more billionaires than any other country, according to the latest Hurun Global Rich List, released Thursday by the Shanghai-based Hurun Group. The country is home to 1,110 billionaires out of 4,020 globally, overtaking the United States. China added 287 new billionaires since last year, more than recovering losses from the past three…
Gold Prices are attempting to stabilize around the short-term moving average cluster. (AI image) Gold price prediction today: Gold prices are volatile with any dips allowing investors to buy, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Gold April futures on MCX are trading near ₹1,60,500 after witnessing a sharp correction…
Gold prices edged lower as profit taking emerged following the recent rally, while a firmer US Dollar Index and reversal in USDINR from all time high weighed on prices. Despite the mild correction, geopolitical tensions continue to keep downside limited as the conflict between the United States and Iran intensifies. The situation escalated further after…
US President Donald Trump said Thursday he was not worried about rising gasoline prices linked to the widening conflict with Iran, adding that the military campaign was a bigger priority.“I don’t have any concern about it,” Trump told Reuters in an interview when asked about higher prices at the pump. “They’ll drop very rapidly when…
Asian stocks mostly fell on Friday as the ongoing conflict in the Middle East continued to unsettle global markets, while oil prices remained elevated despite some efforts to ease supply concerns.After a difficult week on trading floors, investors are heading into the weekend uncertain about when the US-Israel war on Iran and Tehran’s attacks across…
Stock market today (AI image) Stock market today: After a relief rally on Thursday, Nifty50 and BSE Sensex opened in red on Friday on weak global cues amid escalating Middle East tensions. While Nifty50 went below 24,650, BSE Sensex was down over 500 points. At 9:18 AM, Nifty50 was trading at 24,610.90, down 155 points…
