Business

Gold and silver prices continued their record-breaking rally on Tuesday, with gold futures reaching an all-time high of Rs 1,12,750 per 10 grams and silver futures hitting a lifetime high of Rs 1,34,016 per kilogram on the Multi Commodity Exchange (MCX).The surge was driven by expectations of further US Federal Reserve interest rate cuts, safe-haven…

FMCG drops popular Rs 5 & Rs 10 packs Popular price points of Rs 5 and Rs 10 are disappearing from India’s fast-moving consumer goods (FMCG) shelves. Parle-G, after two decades of selling its smallest biscuit pack at Rs 5, has now priced it at Rs 4.45. Other everyday items are also shifting- the Rs…

Rupee slips 25 paise to an all-time intraday low of 88.53 against the US dollar in early trade on Tuesday, as concerns over enhanced US tariffs on Indian goods and the new $100,000 H-1B visa fee weighed on investor sentiment.Forex traders said that global risk aversion and trade policy uncertainty further exacerbated the rupee’s decline.At…

Gold price prediction today: Gold rates are expected to rise in the coming months, driven by expectations of Fed rate cuts, geopolitical concerns, and fiscal worries. Spot gold closed with a gain, supported by healthy ETF inflows. Analysts suggest investors should consider buying on dips. Source link

ONGC takes over control of Vedanta-operated oil block The Government has directed state-run Oil and Natural Gas Corporation (ONGC) to take interim operational control of an oil and gas block from Vedanta, after rejecting the company’s request to renew its contract.Vedanta, which produces about one-fifth of India’s crude oil, has challenged the decision in the…

Representative image credits: AP Asian share markets looked set to extend recent gains on Tuesday, driven by strong investor optimism around artificial intelligence (AI) and tech stocks, while bets on further US interest rate cuts pushed gold to fresh record levels.Wall Street had reached another record after Nvidia announced it would invest up to $100…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Fortis, and ONGC:Fortis – Buy in the range between Rs 965 & Rs 975; Stop Loss: Rs 945; Target: Rs 1020Fortis has broken out of…