We asked 7 wealth and fund managers from leading brokerages for where investors should invest Rs 1 lakh right now. (AI image) Wealth creation can seem intimidating for many – where should you put your money for steady returns over short-term, medium and long term? In today’s world of heightened uncertainty, the question becomes even…
Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday after a volatile trading session, as profit-booking wiped out most of the sharp intra-day gains.The 30-share Sensex rose 50.15 points, or 0.06 per cent, to close at 82,276.07. During the day, the index had jumped 731.99 points, or 0.89 per cent, to hit 82,957.91….
Sanjeev Sanyal (File photo) India’s heavy dependence on foreign-flagged vessels, which carry more than 90 per cent of the country’s trade by volume, poses a serious strategic vulnerability risk, according to Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.Speaking to ANI, Sanyal argued that India’s limited merchant fleet constrains the nation’s…
Gold futures extended gains on Wednesday, with prices rising by Rs 1,322 to reach Rs 1,61,291 per 10 grams, largely driven by fresh buying interest from speculators and firm demand in the physical market. On the Multi Commodity Exchange, contracts for April delivery moved up 0.83 per cent, or Rs 1,322, to trade at Rs…
Before US sanctions were imposed in 2019, India was the third-largest importer of Venezuelan crude. (AI image) Venezuelan crude oil flows to India again: Trading firms and purchasers of Venezuelan crude have started hiring very large crude carriers to move oil from the South American country for the first time since a supply arrangement between…
Shares of Indian solar equipment manufacturers tumbled sharply on Wednesday after the United States unveiled plans to impose countervailing duties on solar cells and panels imported from India and other Asian nations. The US commerce department said that it would apply the duties to imports from India, Indonesia and Laos to support domestic producers. It…
Federal Reserve governor Lisa Cook on Tuesday (local time) cautioned that artificial intelligence is beginning to reshape the US labour market in ways that could further push unemployment rates higher and limit how effectively the central bank can respond with interest rate cuts.Speaking in remarks for a national association for business economics conference, Cook said,…
Positive outlook persists for precious metals for medium to long terms. (AI image) Gold price prediction today: Gold prices are moving up but the lack of any major positive catalyst may limit the upside this week, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Bullions prices started the current week…
Asian stocks traded in green on Wednesday, mirroring Wall Street’s gains and sustained enthusiasm around the artificial intelligence boom. Investors also kept close eye on US President Donald Trump’s State of the Union address, delivered during Asian trading hours. In Japan, Nikkei benchmark index touched a fresh record, leading the positive mood across the region.Nikkei…
Last week, the US Supreme Court dismantled Trump’s tariff playbook and now, his administration is responsible to refund $134 billion collected in tariff revenue over the past months. The key question, however, is whether US consumers, who bore the cost of the tariffs, will receive any refunds.Since assuming office for his second term, US President…
