Several factors led to the sudden crash in the prices of the precious metals. (AI image) Trillions wiped out – gold and silver prices crash globally – the headlines from the commodity market on Friday described the volatile nature of the commodity market. Gold and silver have been on a record breaking spree for several…
Mumbai: Friday’s sharp slide in silver and gold prices could be due to profit taking by investors post an unprecedented rally that came on the back of the recent strengthening of the dollar against major currencies. For long term investors this could be a time to rebalance their portfolio, with exposure to the two precious…
India fell to third place among buyers of Russian fossil fuels in December 2025 after sharp cuts in crude oil imports by Reliance Industries and state-owned refiners, a European think tank said on Tuesday.According to data from the Centre for Research on Energy and Clean Air (CREA), India’s total imports of Russian hydrocarbons stood at…
Minimum temperatures fall below freezing point in most parts of Kashmir Business Standard Source link
Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…
MUMBAI: Home loan rates are set to drop to levels last seen before the global financial crisis in 2008, with the RBI’s monetary policy committee reducing the repo rate by 25 basis points to 5.25%.Several banks — Union Bank, Bank of India, Bank of Maharashtra and Indian Overseas Bank — currently offer home loans at…
File photo (Picture credit: ANI) The Indian rupee’s slide past Rs 90 per US dollar for the first time ever has shifted sentiment in the equity market and raised fresh concerns for investors. The breach of this psychological level has come on the back of weak capital flows, steady demand for dollars from importers, and…
Representative Image (AI) Multiple people fell ill at Joint Base Andrews at Joint Base Andrews, a US military base in Maryland, after being exposed to a suspicious white powder delivered to the base after an individual opened a suspicious package delivered at the base.According to CNN, a building on the base was evacuated after the…