Beijing has warned that it will take “corresponding measures” to protect its interests if the US proceeds with plans to impose additional tariffs on Chinese goods.At a regular press briefing on Monday, Chinese foreign ministry spokesperson Lin Jian urged Washington to promptly correct its “wrong practices,” adding that any action should be based on equality,…
India’s general government capital expenditure (capex) is expected to stay close to 5% of GDP in FY26, slightly below 5.1% recorded in FY25 and well under the FY24 peak of 5.4%, according to Emkay Research.The report, cited by ANI showed that for the first five months of this fiscal, public capital expenditure has remained strong….
Diwali is just around the corner, and if you’re not yet done with your festive shopping spree, don’t worry, quick commerce websites have your back!As Deepavali festivities are drawing close, quick commerce platforms are rolling out bigger discounts and stocking up festive essentials to meet rising demand.Blinkit and Zepto launched special Diwali sales in October…
Gold rate today: In MCX trading, gold futures for December delivery rose by Rs 2,613 (2.15 per cent) to establish a new record of Rs 1,23,977 per 10 grams. (AI image) Gold rate today: Gold prices continued their upward move on Monday, with gold futures crossing the Rs 1.23 lakh mark. Gold prices climbed by…
Gold price prediction: This week, the market’s focus will shift to major macroeconomic events and data. (AI image) Gold price prediction today: Gold prices are likely to be driven by geopolitical tensions and the US government shutdown. Investors should look to buy on dips, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial…
Asian markets tumbled on Monday after US President Donald Trump escalated tensions with China, threatening last week to impose 100% tariffs on Chinese goods.Hong Kong’s HSI traded at 25,374, down 916 points or 3.49%. Shanghai and Shenzhen also dipped 1.3% and 2.56% respectively. Japan’s Nikkei also traded in red, reaching 48,088, shedding 491 points or…
MUMBAI: The strong rally in gold and silver this year has attracted retail investors in large numbers into exchange-traded funds and ‘fund of funds’ for these assets in recent months. This, in turn, has distorted the supply-demand dynamics in silver. Fund managers are cautious about the short-term price trajectory of these metals, as they expect…
MUMBAI: Banks are expected to report weaker earnings for the second quarter of FY26 in coming weeks as falling lending rates outpaced the decline in funding costs, compressing margins and profit growth. Analysts said the full impact of earlier RBI repo rate cuts was felt during the quarter, causing Net Interest Margins (NIMs) to contract…
CHENNAI: If you think the GST windfall is restricted to new cars this festival season, think again. With new cars – particularly sub- Rs10 lakh models – now cheaper by 7% to 10.6% (depending on the model and variant), used car prices are seeing a knock-on effect. According to top used car marketers, comparable models…
MUMBAI: After Kotak Mutual Fund, SBI MF and UTI MF have temporarily suspended investments in silver ETF fund of funds. The suspensions are effective Oct 13. The moves were taken to protect interest of investors after, due to shortage of physical white silver in India, their local prices were at a premium to international prices….
