Gold price prediction: Spot Gold could continue to find resistance in the zone of $ 3,385 – 3,410 per oz (CMP USD 3,350/oz) on the higher side. (AI image) Gold price prediction today: Upside in gold rates is expected to be limited with the US-China 90-day trade truce extended and other developments on the Trump…
MUMBAI: In its efforts to make investing in India easier for investors of all types, markets regulator Sebi is aiming to make IPO filing through a template , optimising existing regulations for all investors including foreign funds, it said in its annual report for FY25. Investor education, including about cyber frauds related to the securities…
MUMBAI: Zerodha co-founder and billionaire investor Nikhil Kamath has invested in film actor Shah Rukh Khan‘s spirits business, increasing his involvement in the country’s alcobev sector following his stake purchase in India’s fourth-largest liquor player Radico Khaitan. Kamath owns 5% of D’yavol Spirits, founded by Shah Rukh and his son Aryan Khan. He also holds…
BENGALURU: Avendus Future Leaders Fund (FLF) III, part of the Avendus Group, and SBI Life Insurance have co-led a Rs 300 crore investment in Hyderabad-headquartered contract research, development and manufacturing organisation (CRDMO) Aragen Life Sciences.The fully secondary deal involves the two investors acquiring over 2.5% from the GVK Group’s Reddy family’s stake in Aragen, Ritesh…
Lenders are exploring ways to ease the financial pressure on small and medium enterprises (SMEs) hit hardest by the United States’ 50% duty on imports from India. According to ET, lenders are considering scrapping certain administrative charges such as processing fees, foreign exchange hedging costs and collection charges after being nudged by the government.A government…
Zydus Lifesciences on Tuesday said its consolidated net profit increased 3 per cent year-on-year to Rs 1,467 crore for the first quarter ended June 30, 2025, riding on strong performance across domestic and international markets. The drug maker reported a net profit of Rs 1,420 crore for the April-June quarter of the last fiscal. Revenue…
US consumer inflation held steady at 2.7% in July, but core prices rose as President Donald Trump’s sweeping tariffs continued to influence the economy, according to data released on Tuesday.However, the figure came in slightly below the 2.8% rate predicted by analysts in a median forecast from Dow Jones Newswires and The Wall Street Journal.Core…
Wall Street charged towards record highs on Tuesday after fresh data showed inflation across the United States was slightly cooler than economists prediction, fuelling hopes that the Federal Reserve could cut interest rates in September.The S&P 500 climbed 0.85% or 54 points, looking set to surpass its all-time high reached just two weeks ago. The…
Experts believe Trump has not been able to effectively influence China with his trade war tactics. (AI image) US President Trump has extended the trade ceasefire with China by an additional 90 days, temporarily averting a potential economic confrontation between the world’s largest economies. Trump said he has been “dealing very nicely with China” as…
US President Donald Trump on Tuesday bashed Federal Reserve Chair Jerome “too late” Powell, accusing him of incompetence, demanding immediate interest rate cuts, and even suggesting he may allow a “major lawsuit” over costly renovations at the Fed’s Washington headquarters.Sharing a post on Truth Social, Trump tore into Powell’s management of the Fed headquarters renovation,…