Gold prices climbed strongly on Monday after last week’s pullback, with futures gaining momentum amid fresh geopolitical concerns surrounding South American oil producing nation, Venezuela, and growing focus on upcoming US macroeconomic indicators. In the domestic market, February gold futures on the Multi Commodity Exchange (MCX) rose by Rs 1,509, or 1.11%, to Rs 1,37,270…
Supports of ₹135,000 and ₹132,000 remain intact with an immediate resistance near ₹138,000. (AI image) Gold price prediction today: Gold prices are broadly positive and investors should look to buy on tips following a staggered strategy, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. He shares his views and recommendations…
Rupee might be headed in for a volatile ride this week! The currency has remained under pressure for the past year, weakening by nearly 5%, even hitting a record low of 91.14 against the dollar, before recovering. Over the past two weeks, rupee has declined continuously dragged down by strong year-end demand, slipping below the…
Rupee opened the week on a weak note, slipping 4 paise to 90.24 against US dollar in early trade on Monday, extending its downward momentum from 2025. The decline was triggered by ongoing geopolitical uncertainty as US intervention in Venezuela boosted demand for the American currency.Last week on Friday, the currency had fallen below the…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 5, 2026) are Max Financials, and Kotak Mahindra Bank. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Max Financials 1674 2100 25% Kotak Mahindra Bank 2190…
MUMBAI: Electricity, chemicals and metals accounted for 60% of the proposed investments in terms of sectors while in terms of geography, Andhra Pradesh, Odisha and Maharashtra account for half of the total investments proposed in the country in the first nine months of FY26.According to a Bank of Baroda Economic Research note, new investment announcements…
Danish firm Novo Nordisk expects India’s obesity therapy market to evolve rapidly, saying its recent Wegovy (injectable semaglutide) price cut could lift patient uptake five-to-seven-fold, echoing its insulin experience. This comes even as lower-priced generics loom, with a rival drugmaker, Eli Lilly & Co, also eyeing a share of one of the fastest-growing therapy segments.“Our…
BHOGAPURAM: With more mega airports coming up in India, the country has decided to use a multi-pronged strategy to give a boost to international flights from these upcoming hubs. Instead of just raising bilaterals or flying rights with other countries to have more flights to foreign shores, govt is keen both Indian airports and airlines…
CHENNAI: What was once seen as optional is increasingly viewed as essential: uptake of overseas travel insurance among Indian outbound travellers has nearly doubled in six years, driven by rising medical costs abroad and heightened awareness of travel disruptions in the post-pandemic era. According to Irdai’s annual report, 96.7 lakh lives were covered under 27.9…
A sharp increase in taxes on cigarettes, along with a new excise duty structure on tobacco products, could trigger a surge in illicit trade and lead to significant revenue losses for the government, experts have warned.Earlier this week, the finance ministry notified amendments to the Central Excise Act, introducing a fresh excise duty ranging from…
