Gold and silver prices surged on Wednesday, reversing recent declines, driven by a weaker dollar and lower oil prices. Easing inflation concerns and a softer interest rate outlook also boosted sentiment, with safe-haven demand increasing due to geopolitical developments. While a near-term recovery is expected, analysts suggest a firm US dollar may limit significant upside.Read More
BlueStone Jewellery’s shares have surged 15% in a month, outperforming the market. Analysts anticipate margin growth driven by operating leverage and store expansion, with over half of its 323 stores now achieving significant annual revenue. The company’s revenue grew 34% year-on-year, while net losses narrowed considerably.Read More
The approval also covers the amalgamation of Emirates NBD’s existing operations in India into RBL Bank, subject to the necessary regulatory clearances.Read More
The Indian rupee neared 94 against the dollar on Wednesday, despite a pullback in equities. Central bank interventions helped keep the rupee above this psychological threshold. Exporters withholding conversions and month-end dollar demand contributed to the pressure, while geopolitical tensions also played a role.Read More
Investors are facing uncertainty buying SpaceX shares through intermediaries, as special-purpose vehicles complicate ownership verification and raise fraud concerns. The intense demand, fueled by fear of missing out on a lucrative IPO, is driving risky investments in the highly sought-after private company.Read More
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