Gold prices are climbing. Uncertainty surrounds trade deals after a Supreme Court decision on President Trump’s tariff powers. This has unsettled markets. Bullion has seen a significant rise. The dollar’s weakening is making gold more affordable for buyers. This situation is impacting international trade agreements. Gold’s recovery is gaining momentum.Read More
IDFC First Bank disclosed a Rs 590 crore fraud at its Chandigarh branch involving employees and Haryana government-linked accounts. The bank has suspended four officials, initiated a forensic audit, and informed authorities. The issue is isolated to specific accounts, with no broader customer impact. The stock is expected to remain in focus.Read More
Oil prices dropped as the United States and Iran prepared for nuclear discussions. This eased worries about a potential conflict. However, President Donald Trump’s new tariff increases introduced uncertainty for global growth and fuel demand. Brent crude futures fell to $71.01 a barrel. U.S. West Texas Intermediate crude futures were at $65.74 a barrel.Read More
The dollar weakened as the U.S. Supreme Court struck down most of President Trump’s tariffs, seen as supportive for global growth. Despite this, Middle East tensions and confusion over replacement levies kept currency moves modest. Analysts suggest the decision constrains Trump’s tariff power, with longer-term fiscal implications for the dollar remaining unclear.Read More
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