Euro zone government bond yields edged higher Friday as investors awaited crucial economic data from the region and the U.S. Inflation concerns, fueled by rising oil prices due to U.S. sanctions on Russia, contributed to the cautious market sentiment. Money markets are pricing in a potential ECB rate cut by July.Read More
Gold and silver prices declined on Friday amid profit booking and mixed global cues, with MCX gold slipping 0.43% and silver down 0.93%. Despite gains in international markets due to geopolitical tensions and US monetary policy uncertainty, bullion is on track for its worst weekly performance since May.Read More
Ray Dalio warned that U.S. sanctions on Russia’s oil giants could weaken the dollar and boost gold, citing past instances where sanctions reduced demand for fiat currencies. The sanctions follow fresh U.S. measures on Rosneft and Lukoil amid the Ukraine war.Read More
Tata Motors has officially split into two companies: Tata Motors Passenger Vehicles Ltd (TMPV) and a new commercial vehicle entity, TMLCV. Shareholders receive one TMLCV share per Tata Motors share. The demerger separates passenger, electric, and JLR operations from commercial vehicles, aiming for operational efficiency, faster decision-making, and value unlocking.Read More
HUL posted 4% YoY PAT growth in Q2FY26, with brokerages anticipating recovery and revising target prices up to Rs 3,240 amid GST-led disruptions and expectations of stronger H2 performance.Read More
India’s GST rate cuts won’t affect fiscal stability, says Neelkanth Mishra, Chief Economist at Axis Bank. He expects growth momentum to accelerate by March 2026, aided by stronger credit flow, stable oil prices, and capital inflows. Seasonal gold imports caused the trade deficit spike, but India’s fiscal and external position remains robust.Read More
Jain Resource Recycling shares jumped 9% to a 52-week high of Rs 401.30, extending a five-day rally after Q2 FY26 net profit soared 88% to Rs 98.6 crore and revenue rose 52% to Rs 2,113.7 crore.Read More
New U.S. sanctions on Russian oil giants are impacting global energy markets, with India facing supply challenges. Analyst Geoff Dennis sees potential for easing U.S.-China trade tensions following a meeting between Trump and Xi, favoring equities, particularly in emerging markets like India, despite recent underperformance.Read More
India’s market regulator has banned 13 individuals from securities trading for front-running trades placed by three trusts. The Securities and Exchange Board of India found these individuals made illegal gains by trading ahead of the trusts’ transactions between January 2021 and October 2022. Penalties ranging from 500,000 to 1.5 million rupees were also imposed.Read More
Bitcoin jumped 2.38% to $111,155 on Friday as optimism over an upcoming US-China presidential meeting boosted crypto market sentiment. Ethereum and major altcoins also gained, while investors await the US CPI report, which could further influence Bitcoin’s near-term trajectory.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.