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On Thursday, Trump tasked his economics team with devising plans for reciprocal tariffs on every country taxing U.S. imports, and the targets include China, Japan, South Korea and the European Union.
Well-heeled Indians are increasingly seeking residency rights in developed countries by buying property or investing in financial assets or businesses. Will New Zealand's revised norms open up yet another avenue for HNIs?
The first lesson, according to Kapoor, is that if you start a SIP and never stop, you don’t have to do anything else. He adds that investors don't need to even follow expert opinions.
Market corrections, though uncomfortable, play a crucial role in investment cycles by shaking out excesses and creating opportunities for discerning investors. By maintaining perspective, staying disciplined, and focusing on quality, we can navigate current challenges and emerge stronger.
Ami Organics gets 87 percent of the revenue comes from pharma space wherein it manufactures intermediates for APIs and NCE (New Chemical Entities). Rest of the revenue comes from chemicals segment. While company’s foray into the lithium-ion batteries and the semiconductor industry value chain is a key watch, ramp-up in CDMO (Contract Development and Manufacturing Organization) contracts is expected to be the key earnings catalyst. In the recent quarterly result, there was a sharp pick up in the CDMO business. At the same time, guidance for next three years suggest that high growth phase to sustain.
Gold of 99.5 per cent purity surged by Rs 2,430 to hit a record high of Rs 88,100 per 10 grams in the local markets.
With the RBI-MPC reducing the repo rate by 25 basis points to 6.25 percent on February 7, depositors might have to brace themselves for lower fixed deposit interest rates and reduced passive income in the months to come. However, they can consider locking their funds into special-rate FDs that are being offered by several banks until March 31, 2025.
Spot gold was up 0.3% at $2,868.66 per ounce, as of 0005 GMT, after hitting a record high of $2,886.62 on Friday
Global banks and commodity exchanges have a headache because of the heightened need for physical delivery.
After the RBI MPC, experts say the overall situation in the debt market remains bond-positive, with a clear expectation of further rate cuts and a favourable demand-supply mix.
Spot gold was up 0.4% at $2,867.69 per ounce, as of 0250 GMT, and has gained more than 2% this week. Bullion hit an all-time high at $2,882.16 on Wednesday
Bullion held above $2,865 an ounce — having added 0.9% on Wednesday — after President Donald Trump said the US could take over Gaza
New investors may not be aware but equity markets have corrected by more than 50 percent many times in the past and can experience similar volatility in future as well. Therefore, equity allocation in the portfolio should be maintained in a range after accounting for the maximum downside volatility one can bear.
Demand for gold could stand between 700 metric tons and 800 metric tons, compared to last year's 802.8 tons, which was the highest since 2015, Sachin Jain, CEO of WGC's Indian operations, told Reuters.
Bullion reached an all-time peak of $2,849.05 an ounce on Wednesday
The precious metal of 99.9 per cent purity closed at Rs 85,300 per 10 grams in the previous session.
For February 4 edition of Moneycontrol Pro Panorama: US trade deficit with India higher than Canada's, bond markets back in the eye of the storm, will budget boost India's trade image, a lookback at America’s repeated dalliances with tariffs, and more
Spot gold was up 0.3% to $2,820.69 per ounce by 0252 GMT, after hitting a record high of $2,830.49 in the last session
Financial experts recommend strategic investing, prioritising long-term goals over short-term tax benefits.
Spot gold fell 0.9% to $2,776.05 per ounce by 0303 GMT after prices hit a record peak at $2,817.23 on Friday. U.S. gold futures were 0.9% lower at $2,810.80.
Stay ahead of the market with today's top stock updates! Gujarat Gas Chairman Raj Kumar resigns, Lupin clears a key US FDA inspection, and MOIL hikes manganese ore prices. Coal India reports a slight dip in production, while Indian Bank raises lending rates. Get the latest on major deals, earnings, and market trends that could impact your portfolio.
On the Multi Commodity Exchange, gold contracts for April delivery hit a record high of Rs 83,360 per 10 grams in early trade.
Last year, a significant cut in the import duty had delivered a rally in the sector's stocks
In the first half of current financial year, the Centre has borrowed nearly Rs 7 lakh crore and plans to borrow Rs 6.61 lakh crore in the second half.
In futures trade, gold contracts for February delivery appreciated by Rs 487 or 0.6 per cent to hit another record high of Rs 82,210 per 10 grams on the Multi Commodity Exchange (MCX).
