India’s wholesale price inflation accelerated sharply to 8.30 per cent in April from 3.88 per cent in March, driven mainly by a steep rise in fuel, power and crude oil prices amid the ongoing West Asia crisis, according to government data released on Wednesday.Data released by the ministry of commerce and industry showed that inflation…
India has reportedly approached the United States to extend its waiver on Russian oil imports as the Strait of Hormuz continues to see disruptions for 75 days now, straining oil supplies across the world. The US had first cleared the arrangement in March and expanded it later, with the current authorisation set to remain valid…
India’s demand for natural gas has been climbing steadily as the country seeks to raise the share of gas in its overall energy basket. (AI image) As concerns surrounding the Strait of Hormuz intensify, India is fast-tracking efforts to secure uninterrupted gas imports from the Gulf through a direct subsea pipeline. With energy security emerging…
The move to up the gold import duty comes days after PM Narendra Modi appeals to citizens to avoid unnecessary gold purchases for a year. (AI image) In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the…
In the last one year, the 10-year G-secs yields have risen from 6.20% to above 7%. Rising yields have driven bond prices lower, due to their inverse relationship. It has resulted in lower NAVs and lower returns for gilt fund investors. The 1-year returns for top gilt funds have ranged 0.50% to 3.25%. A graph…
A multi-cap fund gives a minimum 25% fixed allocation to each: large, mid, and small-cap stocks. It ensures diversification, but with limited flexibility for the fund manager. In a flexi-cap fund, the fund manager allocates dynamically to large, mid, and small-cap stocks, based on market conditions. Stock market information on the floor of the New…
MCX Gold is holding a bullish tone on the weekly chart, bouncing from recent lows and pushing back toward the recent swing high. (AI image) Gold and silver price prediction today: According to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group, both gold and silver prices are exhibiting a bullish bias this…
On 5th May 2026, the Indian Rupee (INR) breached the 95 mark against the US Dollar (USD), hitting a new all-time low. Over the last few months, the INR has been steadily hitting new lows against the USD. Since the start of the US–Iran War, the situation has only aggravated, with the INR hitting new…
Two still relevant and prevalent themes continue to underline TV purchases. Foremost, these splurges tend to be event or time-linked, usually coinciding with a major sporting event the family aspires to watch on a larger screen (unless of course, the current TV has actually conked off suddenly). Secondly, and no less important, is an intent…
“Indian equity markets are expected to open on a positive note, with Gift Nifty trading at 23,545, up by 125 points. Global equities advanced following a largely upbeat session on Wall Street, as investors overlooked elevated PPI data and continued buying in technology and communication stocks. Market participants are also closely watching developments around the…
