File photo: US President Donald Trump with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, in 2019. (Picture credit: AP) US President Donald Trump and Chinese leader Xi Jinping are set to discuss a proposed trade framework on Thursday that could see Washington reduce tariffs on…
For most Indian households, gold represents safety — a store of value kept securely in lockers. But increasingly, more Indians are discovering how to make idle gold work through loans, monetisation schemes, leasing options, and even digital gold funds.According to a Morgan Stanley report, cited by ET, Indian households collectively hold 34,600 tonnes of gold,…
Countries around the world are growing increasingly cautious about maintaining sovereign assets abroad. (AI image) India’s gold reserves are increasingly being stored in the country – a significant move in an era where countries use financial warfare to mount pressure and settle scores. The Reserve Bank of India (RBI) has intensified its efforts to transfer…
File photo: Union minister Hardeep Singh Puri (Picture credit: PTI) Union petroleum and natural gas minister Hardeep Singh Puri on Tuesday said there is sufficient crude oil supply in the global market and disruptions in one source can be offset by alternative streams. Speaking at an interactive session, Puri asserted that “trade is not governed…
With winter approaching, Kirana stores and retailers across cities are rushing to restock their shelves with blankets, heaters, and other seasonal goods. The renewed push comes after the festive season demand exceeded expectations, which caught many traders off guard. GST rate cuts also contributed to the surge in consumer spending. The outlook for the winter…
US stocks hovered around record levels on Tuesday as investors awaited key events, including the Federal Reserve’s policy decision and an upcoming meeting between President Donald Trump and Chinese President Xi Jinping.In morning trade, the S&P 500 rose 0.1 per cent, while the Dow Jones Industrial Average gained 190 points, or 0.4 per cent, and…
Strong investor demand and rising corporate confidence are driving an extraordinary surge in India’s IPO market. Between October 1, 2024 to October 24, 2025, a record 288 companies filed draft prospectuses with the Securities and Exchange Board of India (SEBI), in an attempt to raise approximately Rs 4.18 lakh crore.Of these, 111 initial public offerings…
For years, Lululemon has been the unofficial uniform of the yoga studio — stretchy, sleek, and quietly elite. Now it’s suiting up for Sunday football. The Canadian brand has teamed up with the NFL and Fanatics to launch a new line of officially licensed apparel and accessories for all 32 teams, marking its boldest leap…
File photo (Picture credit: AP) Apple has reached a historic milestone, becoming the third Big Tech company to cross $4 trillion in market value, driven by strong demand for its latest iPhone lineup.The company’s shares were last up 0.2 per cent at $269.2 in early trading on Tuesday, marking a record high, reported news agency…
Indian oil refiners, including Indian Oil Corporation (IOC), may not completely halt purchases of Russian crude despite fresh US sanctions, as the measures target specific Russian suppliers rather than the oil itself. Officials said that while four Russian oil companies have been sanctioned so far, India’s largest supplier, Rosneft, which handles nearly 45 per cent…
