Gold and silver prices are set for a week driven by major events. The US Federal Reserve’s interest rate decision will be a key factor. Geopolitical tensions involving Iran and crude oil price movements also impact markets. Investors will monitor US economic data and central bank announcements globally. Bullion is expected to remain range-bound as
Finance Minister Nirmala Sitharaman urged income tax officials to simplify citizen access to government services. She emphasized that citizens should not face undue difficulties when seeking departmental assistance. The minister also criticized the laidback approach leading to government land encroachments. She promised to address the housing needs of income tax officers in Mumbai. Sitharaman stressed
India’s first hydrogen train has traveled over 1,200 kilometers during trial operations. This indigenous project has already saved over 3,200 liters of diesel fuel. The train generates electricity using hydrogen fuel cells, releasing only water vapor. Dedicated hydrogen storage and refuelling facilities have been established at Jind. Further trial runs are planned for the Delhi
India’s IPO market is preparing for a busy month with many companies planning public offerings. Over a dozen firms are expected to launch initial public offerings, raising over Rs 25,000 crore. These upcoming issues span diverse sectors like quick commerce, housing finance, and education infrastructure. This activity follows sustained momentum in the primary market throughout
Indian stock markets experienced a significant downturn last week. Nine of the ten most-valued companies saw their market worth decline. HDFC Bank faced the largest valuation drop, while Hindustan Unilever gained value. Benchmark indices like the BSE Sensex and NSE Nifty also registered losses. This market pressure was attributed to rising crude oil prices and
Markets anticipate another volatile week as investors track Middle East developments and oil prices. The US Federal Reserve’s policy meeting outcome will also significantly influence investor sentiment. Domestic economic signals will emerge from the release of June Industrial Production data. A busy earnings season featuring heavyweight companies is expected to drive stock-specific movements. Investors will
Two groups of small businesses are challenging Donald Trump’s latest tariffs in court. These new levies target goods from sixty trading partners and cover nearly all US imports. Businesses argue the administration failed to justify these measures against individual economies. They contend the tariffs replace previous worldwide duties struck down by the Supreme Court. Legal
A federal appeals court refused to lift a ruling blocking a $100,000 H-1B visa fee. The court left in place a decision finding the fee unlawful while the government challenges it. Democratic attorneys general argued the administration created a new tax without congressional approval. A district judge agreed, ruling the fee exceeded executive branch authority.
