Gold futures on MCX hovered near ₹1,08,979, showing resilience as traders await key US economic data and clarity on the Fed’s September policy meeting. (AI image) Gold price prediction today: Gold prices are showing bullish trends and investors should look at a ‘buy on dips’ strategy, says Jateen Trivedi, VP Research Analyst – Commodity and…
More than two weeks after Beijing announced easing restrictions on rare earth exports, supplies of critical magnets from China are yet to resume, leaving Indian automakers and component suppliers struggling to manage the shortfall on a day-to-day basis. Industry executives expressed concern that while high-level talks are underway between the two countries, the situation on…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for September 12, 2025 are Reliance Industries, and Persistent Systems. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices exhibited a range-bound yet upwardly biased price action during the week, underpinned by renewed optimism surrounding…
US consumer inflation rose to 2.9% in August, its highest since January, as prices of gas, groceries and airfares jumped, according to the Labor Department. The figures come just ahead of next week’s Federal Reserve meeting, where policymakers are expected to cut interest rates despite persistent price pressures.The consumer price index (CPI) was up from…
BENGALURU: The Infosys board approved a Rs 18,000 crore share buyback on Thursday, the largest in the company’s history and marking its fifth buyback since 2017. The buyback, to be conducted through the tender offer route, will be at a price of Rs 1,800 per share in cash, involving the purchase of 10 crore equity…
MUMBAI: In its bid to push e-commerce exports and open up the global market for scores of small and medium sellers, the govt is set to begin consultations with the industry to draw a framework for allowing inventory based model for e-commerce exports.While there have been growing calls from the industry to open up the…
MUMBAI: In an abrupt move, Tata Trusts vice-chairman Vijay Singh (77) has resigned from the board of Tata Sons, a day before the holding company’s directors were to meet, and amid an impending RBI-mandated IPO deadline.Two main units of Tata Trusts – Sir Dorabji Tata Trust and Sir Ratan Tata Trust – collectively hold approximately…
MUMBAI: The rupee closed weaker on Thursday, settling at 88.44 against the dollar, compared with 88.10 in the previous session, marking a fresh record low. The currency opened at 88.12, touched a high of 88.09 and a low of 88.45 during the day, slipping past its earlier low of 88.36 hit last week.The decline comes…
NEW DELHI: Sergio Gor, US President Donald Trump’s nominee to be the next US Ambassador to India, on Thursday described India as “a strategic partner, whose trajectory will shape the region and beyond.”“India is a strategic partner whose trajectory will shape the region and beyond. Under President Donald Trump’s strong leadership, I’m committed to advancing…
Gold rate today: Gold prices touched a new lifetime high in the national capital on Thursday, rising Rs 100 to Rs 1,13,100 per 10 grams on sustained buying by stockists, according to the All India Sarafa Association.The precious metal has surged by Rs 34,150 or 43.25 per cent so far in 2025, compared with Rs…
