Gold and silver futures saw a sharp decline on MCX on February 1. This follows a significant drop on Friday. Profit-taking and a stronger US dollar are driving the correction. The MCX is trading on Sunday for the Union Budget 2026 presentation. Import duty changes could impact local prices.Read More

Bitcoin experienced a significant decline, falling 6.53% to $78,719.63 on Saturday, continuing its downward trend. This drop follows concerns that a potential new Fed chair might tighten liquidity, impacting speculative assets like cryptocurrencies. Ether also saw a substantial fall, reflecting broader struggles in the crypto market.Read More

Indian stock markets anticipate a positive opening today. Investors await the federal budget presentation for insights into government spending and support for export sectors. The budget aims to balance growth initiatives with fiscal discipline. Expectations are for measures to boost domestic manufacturing and rural demand. This could provide a much-needed boost to equities after a...Read More

Post ContentRead More

ITC’s market value has dropped significantly following a recent tax hike on cigarettes. Investors are now looking to the upcoming Budget for clarity on future taxation. While the core business shows resilience, near-term pressure on volumes and margins is expected. The company’s diversified operations offer a buffer against these challenges.Read More

Post ContentRead More

Asked about the strategic priorities in the US, he added: “Not only the US, but we have interest in selling innovative medicines globally… for emerging markets we are looking at tuck-ins or smaller acquisitions which we can look at integrating with our existing business to get scale in the emerging markets.” Shanghvi added.Read More

India’s hospitality sector is attracting significant, low-profile investment, with approximately $2 billion flowing into operational hotel properties. Investors, including institutions and family offices, are prioritizing early cash flows and reduced risk, leading to a seller’s market for quality assets. Recent deals span diverse locations and hotel sizes, highlighting a robust trend in the industry.Read More

Sebi chief Tuhin Kanta Pandey urged financial sector stakeholders to prioritize professional conscience over mere technical compliance, emphasizing that ethical substance, not just rules, prevents corporate failures. He highlighted that areas like valuations and ESG disclosures require judgment, making technical compliance insufficient and underscoring the crucial role of chartered accountants as custodians of trust.Read More

Stocks to Watch: Indian markets closed lower on Friday. Investors showed caution ahead of the Union Budget. Several companies like IDFC First Bank, Sun Pharma, and Bajaj Auto announced their third-quarter results. Adani Green issued a clarification on a US civil case. The government plans to offload its stake in IDBI Bank. Deepak Kapoor resigned...Read More