Many consumers are choosing to cash in on their holdings and lock in gains instead. (AI image) Gold selling spree! Fearing that gold prices have peaked out, Indian households are rushing to sell their old gold to cash out before prices fall too much from record highs seen earlier this year. Indian households are increasingly…
The global economy is entering a new era, with globalisation giving way to geo-economic fragmentation. The shift could come at a steep cost, with the World Economic Forum (WEF) warning that a full economic decoupling between the East and the West could wipe out as much as $6.9 trillion from global GDP in 2025-26. The…
Concerns over the country’s fiscal outlook intensified after crude oil prices surged amid the conflict in the Middle East. (AI image) US-Iran war impact: India is well positioned to absorb a fiscal deficit that may be more than the current projections this year without putting its investment-grade sovereign rating at risk, according to Moody’s Ratings,…
Top stocks to buy today (AI image) Stock market recommendations: TVS Motor Company, and Vijaya Diagnostic Centre are the top stock recommendations by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for the June 29-July 3, 2026 week. The analyst has also shared his views on Nifty and Bank Nifty: Stock recommendations: TVS…
China is accelerating plans to launch its first sulphur futures contracts this year as the Iran conflict has intensified price volatility, reinforcing the need for a hedging tool and greater pricing power in the global sulphur trade, sources told news agency Reuters. China is accelerating plans to launch its first sulphur futures contracts this year…
ITR filing: The choice of form should not be treated as a mechanical carry-forward of the previous year’s position. (AI image) ITR filing FY 2025-26: Any easy mistake to make when filing your income tax return is the form that you choose for ITR. This can especially be the case for salaried taxpayers who can…
State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning to raise $1 billion from overseas investors in what could become its largest foreign-currency loan, while also holding talks with the Asian Development Bank (ADB) for a separate $400 million loan, a senior company executive told Reuters. State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning…
Monsoon uncertainty weighs on gains from lower oil prices MUMBAI: Oil prices have tumbled enough for some analysts to lower India’s headline inflation forecast for the fiscal year, but uncertainty over the trajectory of monsoons is nudging consumer firms to temper their growth expectations. Companies with a wide footprint are hoping that a diversified product…
Several financial changes will come into effect from July 1, 2026, impacting taxpayers, bank customers, credit card users, passport applicants and Aadhaar holders. From changes in credit card benefits and passport charges to new RBI rules against mis-selling. Several financial changes will come into effect from July 1, 2026, impacting taxpayers, bank customers, credit card…
Persistent bids to buy German company for $1.3 billion BENGALURU: In one of the largest cross-border acquisitions by an Indian IT services company, Persistent Systems has launched an all-cash bid to acquire Germany’s Nagarro for about $1.3 billion, reports Shilpa Phadnis. This transaction could create a $2.9-billion digital engineering and AI powerhouse with more than…
