As tensions continue to heat up in the Middle East, concerns are raising about disruptions to one of the world’s most critical energy shipping routes, the Strait of Hormuz. Any disruption could significantly affect major oil-importing countries such as India, as the narrow Strait of Hormuz is central to global energy trade. The strait sees […]
China sets GDP growth goal at less than 5% in least target since 1991! Trump tariffs, domestic troubles weigh
The new target reflects mounting challenges from Donald Trump’s tariffs, the global uncertainty linked to the US-Iran conflict. (AI image) China has forecast its GDP growth at the lowest level in over three decades! The world’s second largest economy is slowing down due to multiple external and internal headwinds. China has fixed its annual economic […]
RBI’s new mis-selling rules could mark a turning point – if enforcement follows
Until these regulations take effect and prove their worth through actual enforcement, your best defence is radical simplicity. For years, I have been writing about how the personal finance system is designed to extract money from ordinary savers rather than serve them. Just a few weeks ago, I discussed a book by John Campbell and […]
Gold, silver price prediction today: Will gold rally to Rs 1.72 lakh/10 grams & silver cross Rs 3 lakh/kg soon?
In the coming week, the 158,000 level is expected to act as a crucial support zone. (AI image) Gold and silver price prediction: Gold prices may rally towards Rs 1.72 lakh and silver prices to Rs 3 lakh, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On […]
Russian crude to rescue! Ships carrying Russia’s oil head to India amid Middle East supply shock: Report
India has sought to buy Russian crude to avoid supply shortages as Middle East tensions show no sign of abating. (AI image) India is back to stepping up purchases of Russian crude as the ongoing US-Israel-Iran war blocks Strait of Hormuz and crucial oil supplies from the Middle East, according to reports. India imports nearly […]
Rupee back in green: Currency rises 55 paise to 91.54 against US dollar
Rupee made a comback in the green territory on Thursday as it recovered 51 paise to trade at 91.54 against the US dollar in early trade, after slumping to record low a day earlier. The domestic currency had plunged 56 paise on Wednesday to settle at an all-time low of 92.05 against the dollar, dragged […]
Asian stocks today: Markets inch higher mirroring Wall Street gains; Kospi jumps 10%, Nikkei up 1,400 points
Asian stocks inched higher on Thursday, after days of trading in red amid ongoing Middle East tensions. This comes as equities were lifted by a rebound on Wall Street as oil prices paused their recent spike and economic updates painted a more positive picture of the American economy. In South Korea, Kospi hit a pause […]
Another setback for Trump admin: US court says firms that paid tariffs struck down by Supreme Court must be refunded
Weeks after Trump’s tariffs were invalidated by the US Supreme Court, the administration has suffered another setback, with a New York federal judge ruling that the companies which paid the now-struck-down duties are entitled to refunds.Judge Richard Eaton of the US Court of International Trade, on Wednesday (local time), announced that “all importers of record” […]
Reliance, D-Mart & more: Top stocks to watch on March 5
CLSA maintains an outperform rating on Reliance Industries, citing improved confidence in its new ventures. HSBC has a reduce rating on Avenue Supermart, noting its pricing advantage is not substantial. Morgan Stanley raises Delhivery’s target price, expecting strong volume growth and margin expansion due to a favorable industry environment. CLSA has an outperform rating on […]
Rbi Governance Failures: RBI: Governance lapses behind financial failures
MUMBAI: Warning that governance lapses-not a lack of knowledge-lie at the heart of many financial failures, RBI deputy governor J Swaminathan said institutions often ignore red flags because incentives discourage speaking up, allowing risks to fester until they erupt into crises.Delivering the keynote address at the 3rd International Finance and Accounting Conference (IFAC) at the […]