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
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