Indian equities closed higher on Wednesday, with the Sensex and Nifty extending gains for a third straight session after the U.S. Federal Reserve trimmed interest rates by 0.25% to support its labour market.Read More
The rupee weakened to 88.13 against the US dollar due to a hawkish Federal Reserve stance and a stronger dollar. The Fed’s rate cut outlook, worries over potential US tariffs, and continuous foreign fund outflows pressured the rupee.Read More
Deccan Gold Mines Ltd (DGML) shares surged 11% to Rs 137 after reports that India’s first large private gold mine in Andhra Pradesh could begin full-scale production sooner than expected. The Jonnagiri project will add up to 1,000 kg of gold annually, reducing India’s import dependence.Read More
Deutsche Bank projects gold could hit USD 4,000/oz by 2026, citing supportive macro factors, Fed easing, strong official demand, and weaker dollar, while cautioning on equities, seasonal trends, and US macro improvements.Read More
India’s real estate sector is undergoing a digital transformation, projected to become a multi-trillion dollar market by 2047. Digital real estate allows investors to own fractions of premium properties through online platforms, offering transparency and liquidity. Platforms like Alt DRX simplify the investment process, making property ownership accessible to a wider range of investors.Read More
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