India’s household gold reserves have surged past $5 trillion, exceeding the nation’s GDP, as record gold prices reflect cultural significance and a safe-haven appeal. While central banks also fuel the rally, this vast, largely idle asset presents a policy challenge in unlocking its value for economic growth.Read More
The yen saw a recovery on Monday after a significant Friday decline, as Bank of Japan policymakers debated further interest rate hikes. Meanwhile, the euro found support following U.S. President Trump’s optimistic remarks on a potential peace deal for the Ukraine war. Intervention warnings have capped dollar-yen, but broader yen pessimism persists.Read More
Oil prices edged higher in early Asian trading as Middle East tensions and ongoing Russia-Ukraine conflict fueled supply disruption concerns. Despite positive signals from peace talks, significant hurdles remain, particularly regarding territorial control in Donbas. Investors are also monitoring U.S. actions against Venezuelan oil and the impact of strikes in Nigeria.Read More
Silver surged past $80 an ounce, reaching an all-time high, driven by supply constraints, robust industrial demand, and expectations of U.S. interest rate cuts. Platinum also hit a record, while gold saw a slight dip after its own record-breaking session. These precious metals are benefiting from a low-interest-rate environment and geopolitical factors.Read More
Shyam Dhani Industries is poised for a strong market debut on NSE SME on December 30, with grey market indicators suggesting a 90% listing premium. The company’s Rs 38.49 crore IPO saw an overwhelming subscription of 988 times, driven by retail investors.Read More
Coforge is set to be in focus after announcing a $2.35 billion acquisition of AI firm Encora to boost its artificial intelligence capabilities and expand its global reach. The deal, which aims to generate $2 billion in annual revenues by March 2027, marks a significant international expansion for the IT services provider.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.
