Gold rate today: Gold prices shot up by Rs 1,000 to hit a fresh all-time high of Rs 1,07,070 per 10 grams in Delhi on Wednesday, fuelled by mounting expectations of a US Federal Reserve rate cut, geopolitical tensions, and concerns over the US economy. The yellow metal of 99.9 per cent purity had closed…
Reliance Jio’s upcoming stock market debut could reshape India’s telecom sector, with financial services firm CLSA calling it a “mega event” that may also trigger a rerating of Bharti Airtel. The brokerage underlined that Jio, which commands a subscriber base of over 500 million across 4G and 5G networks, holds 42 per cent market share…
According to Trump, the India-US bilateral trade relationship has been predominantly favourable to India. (AI image) US President Donald Trump has said that India is the ‘most tariffed nation’ in the world, reiterating his claim that New Delhi has offered a ‘no tariff’ deal. During a telephone conversation on The Scott Jennings Radio Show, Trump…
The sharp 42.5% rise in domestic gold prices over the last year has drawn many new investors towards the yellow metal. However, one needs to know that exposure to gold does not necessarily require buying or storing the physical commodity.Investors can take positions through mutual funds, exchange-traded funds (ETFs), and even systematic investment plans (SIPs)….
The proposal to reduce drug costs for Americans through pharmaceutical tariffs could have unintended consequences. (AI image) US President Donald Trump is mulling tariffs on the pharmaceutical sector – as high as 200%! Trump intends to levy substantial import duties on pharmaceutical products, a sector that has largely remained unaffected by his trade policies. Historically,…
Image used for representative purposes MUMBAI: Global K-Beauty and cosmetics brand Amorepacific has registered 70% year-on-year growth on Myntra, reflecting the rising demand for K-Beauty in India and the growing preference for premium skincare among consumers across metros and emerging markets.Amorepacific’s brands have played a key role in the 200% YoY surge in K-Beauty customer…
MUMBAI: CityMall has raised $47 million in funding led by Accel. Existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures also backed the round. The fresh capital will be deployed to expand besides boosting its portfolio of private labels and brand partnerships. Launched in 2019 by Angad Kikla,…
Broader bullish trend can take gold prices to witness new highs in coming weeks. (AI image) Gold price prediction today: Gold is expected to trade in a sideways range with a bullish bias, while silver is likely to continue its bull run, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock…
India recorded a surge in remittances and services exports in the first quarter of the current fiscal, helping narrow the current account deficit (CAD), according to a report by Crisil.The report stated that remittances climbed to $33.2 billion in Q1 of FY26, compared with $28.6 billion a year earlier. Services exports also grew to $97.4…
NEW DELHI: India had moved the World Trade Organisation, questioning the 50% tariff imposed by the Trump administration on certain copper products imported into the US.“India considers that the measure, although claimed to be taken for security interests, are, in essence, a safeguard measure,” it said in a communication to the Geneva-based global trade watchdog…