Gold traded rangebound in India as investors awaited the Fed’s policy decision, with global markets pricing in a 25 bps cut. International prices firmed, domestic rates stayed supported by a weak rupee, and technical indicators signalled continued bullish momentum.Read More
Commodity expert G. Chandrashekhar dismisses allegations of India “dumping” rice in the US, citing the country’s small export volumes and niche Basmati demand. He says the 50% tariff has not dented US consumption and urges India to present clear data during USTR talks to counter misinformation and protect its trade position.Read More
HDFC Securities apologised to PG Electroplast after an article on its HDFC Sky platform was found to contain factual inaccuracies and misleading claims, prompting the brokerage to remove it and initiate an internal review following the company’s objections.Read More
Several Nifty500 stocks now trade at exceptionally high TTM P/E ratios above 250, reflecting rapid price appreciation and elevated investor expectations. While such valuations hint at growth optimism, they also raise overvaluation risks, making fundamental and sector analysis essential before investing.Read More
United Hospitality Management (UHM), a global leader in luxury and mixed-use hospitality management, on Tuesday announced its foray into India with the acquisition of Rosastays – a boutique hospitality brand with 17 operational properties.Read More
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