India welcomes Starlink, Jio and OneWeb, says govt (AP photo) NEW DELHI: India welcomes all players in the satellite communications sector, with consumers ultimately deciding which service they want to choose, govt sources told news agency ANI.“Customer is the king,” an official told ANI, adding that consumers would make their choice based on pricing, value…
Physical gold can involve significant upfront costs. Jewellery making charges can be particularly high. (Image for representative purpose only) Are you planning to buy gold on Dhanteras or Diwali this year? Buying precious metals such as gold and silver is seen to be auspicious during the festive season, but experts caution that investment decisions should…
Pakistan’s external debt doubles Pakistan’s external borrowing has nearly doubled in the last 10 years, reaching $135.1 billion in 2025, with China accounting for the largest share of the country’s outstanding debt among individual creditors.The increase comes as borrowing by developing economies also accelerated, taking the external debt of low- and middle-income countries to a…
Dhanteras shopping to cross Rs 1 lakh crore NEW DELHI: From lightweight gold jewellery to silver coins and traditional decorative items, Dhanteras shopping is seeing demand across categories despite precious metal prices remaining significantly higher than last year.Business during the festival is expected to exceed Rs 1 lakh crore nationwide on Friday, with gold and…
The price of 24-karat gold in India peaked in January 2026. On January 29, it hit ₹17,880 per gram. Nine months later, on October 28, it was down 24% to ₹14,395 per gram—which means ₹1 lakh invested in gold at the end of January 2026 would be worth roughly ₹76,000 now. With Diwali and Dhanteras…
Gold prices declined sharply in futures trade on Friday amid weak spot demand, with retail rates also falling across major Indian cities.Prices of 24K, 22K and 18K also gold recorded declines.On the Multi Commodity Exchange (MCX), gold contracts for December delivery fell by Rs 2,178, or 1.51 per cent, to Rs 1,41,917 per 10 grams…
Thailand’s consumer inflation accelerated more than expected in October, exceeding the central bank’s target range as higher fuel prices driven by the Middle East conflict pushed up living costs. The rise in headline inflation was largely driven by higher fuel prices, reflecting volatility in global energy markets stemming from the Middle East conflict, the government…
Editor’s note (November 5th): Shortly after this story was published Paraguay’s president, Santiago Peña, resigned. Though it only received a full banking licence in 2023, the fintech startup now caters to 2.9m Paraguayans: almost two-thirds of the adult population. (Unsplash) Ueno Bank is ubiquitous in Paraguay. The bank sponsors stadiums, music festivals, the national football…
What do historical returns on gold suggest and what’s the outlook for the next Samvat? Gold and silver have entered the Diwali 2026 season after an extraordinary 10 months, and this journey has been significantly more volatile than 2025.Buying gold on Dhanteras is considered auspicious in many traditions. But the festive season comes at a…
The sweeping Democratic victory in the United States midterm elections has triggered a major sell-off in global technology stocks, wiping out trillions of dollars in market value. The Wall Street witnessed its steepest decline since April 2025, with the tech-heavy Nasdaq Composite plunging 5.5 per cent on Thursday. (AFP) The US and Asia stock market…
