After a significant surge, gold prices face potential headwinds as analysts from Citi, BMI, and Motilal Oswal express caution. Shifting macroeconomic conditions, including potential Fed rate cuts and stronger global growth, could diminish gold's safe-haven appeal. While geopolitical risks persist, a stronger dollar and higher bond yields may further pressure prices, leading to a possible correction.
The numbers reveal the gap. The speed of growth makes it more dramatic.
The resolution to launch an IPO was passed in the Extraordinary General Meeting on June 25. The company shared its plans to raise at least ₹4,250 crore in the initial public offering.
According to ICRA, the company had taken a term loan of around 22.50 billion rupees ($263.14 million) from HDFC Bank in March 2022.
Moody's Ratings suggests India could benefit from shifting trade dynamics as the US imposes tariffs on other Asia-Pacific nations. Unlike Vietnam and Cambodia, India may face lower tariffs, attracting investment and strengthening its po ...more
Indeed's PayMap survey reveals that IT and ITeS sectors lead in salary growth, driven by demand for digital and AI skills. While product and project management roles offer the highest pay, UI/UX designers are catching up. Tier-2 cities ...more
Radhakishan Damani's investment in National Stock Exchange is proving highly profitable. As NSE prepares for its IPO, Damani's stake is valued at approximately Rs 9,300 crore. This makes NSE his second-largest holding after Avenue Super ...more
With the current restructuring all the consumer businesses will be under one entity
China's mineral export restrictions pose a challenge to India's industries. Global Trade Research Initiative urges India to reduce dependence on China. They suggest reverse-engineering and local production. Restrictions impact electroni ...more
A cut in retail prices of petrol and diesel possible if Brent prices sustain at such low levels
The company’s underlying volume growth in the India business continued to improve sequentially to reach a multi-quarter high
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