From last Diwali to now, Gold has surged 64%, silver 85%, while Nifty 50 delivered only 6.5%, making it a clear win for precious metals. (AI image) The big question for investors on Diwali is what asset class should they bet on – gold or stocks? Gold and silver prices have been hitting new lifetime…
In this article, we take a look at how irrespective of the income level you are at, there is more money in your pocket thanks to either tax cuts, EMI reductions or a combination of both. (AI image) This Diwali, you have more disposable income in your hands thanks to a triple bonanza of government’s…
India is rapidly establishing itself as a global leader in services exports, with a compound annual growth rate (CAGR) of 14.8 per cent over the past three decades, outpacing goods exports, which grew at 9.8 per cent, said National Stock Exchange (NSE) officials. According to news agency PTI, NSE chief economist Tirthankar Patnaik said, “India…
The European Union has agreed to phase out its remaining gas imports from Russia by the end of 2027, a move aimed at ending its long-standing energy dependence on Moscow.The decision was taken by EU energy ministers during a meeting in Luxembourg on Monday, who approved a plan by the European Commission to gradually eliminate…
India’s information technology (IT) services sector is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains uncertain, according to a report by Goldman Sachs.The report highlighted that major IT firms reported sequential revenue growth in the latest quarter, with the sector expanding 1.5 per cent quarter-on-quarter. “While there are early…
Copper demand in the United States and India is set to outpace China over the next ten years, even as growth slows in the world’s biggest consumer of the metal. While China will continue to lead the market, analysts say that other regions and factors are likely to play a bigger role in shaping global…
China’s top leaders, including President Xi Jinping, are meeting on Monday for one of the country’s most important political gatherings, the fourth plenum of the Communist Party. The meeting will last four days and finalise the five-year plan for 2026–2030, which will guide China’s economic and technological policies.Timing of the gathering is crucial as it…
China has long criticised the United States for overstepping its boundaries to control foreign companies. Yet this month, Beijing did almost the same thing.To push back against Washington’s trade battle, China is now adopting US-style tactics.The south Asian giant announced a move, similar to the US, under which foreign firms must now get the Chinese…
Gold and silver made a strong comeback on Monday after briefly pulling back from record highs. Amid ongoing global uncertainties, investors returned to value buying, seeking safety in gold and silver as reliable haven assets.On the Multi Commodity Exchange (MCX), December gold futures rose Rs 982, or 0.77%, to Rs 1,27,990 per 10 grams, with…
Supply tightness continues in the market however, premiums in ETFs, physical continue to ease off weighing on domestic exchange prices as well. (AI image) Gold price prediction in Diwali week: Gold prices are likely to trade range-bound in the Diwali week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here…
