UBS also predicts gold will climb to USD 2,850 per ounce by mid-2025 and USD 2,900 by the third quarter of 2025, further underscoring its bullish outlook on the metal. The rally in gold prices has been supported by declining US real interest rates, central bank purchases, and a seasonal reco
Taking potshots at the Congress government, ahead of Rahul Gandhi's visit to the poll-bound state, Haryana Chief Minister Nayab Singh Saini on Monday pointed out at the party's declining influence, highlighting the absence of any "big leader" in Haryana during the Assembly elections.
Government subsidies and declining battery prices are making electric vehicles (EVs) more accessible even though they still have higher upfront costs than conventional internal combustion engine (ICE) vehicles, Axis Securities said in an analysis.
New Delhi [India], September 20: Contemporary society is marked by overstimulation of our senses. Our minds are saturated with stressful conditions, from phones buzzing to cars honking. Consequently, we struggle to find peace and calm amidst this chaos. While we live in concrete jungles, our
China's first response to counter its record-high youth unemployment rate was to stop publishing the data altogether. After tampering with the calculation methods for six months, the data was published again, creating a false image of normalisation. But China's "questionable methodological r
A substantial decline in the prices of crude oil and similarly petroleum products is one of the key reasons behind the moderating exports globally, including India which exports refined products to various countries.
New Delhi [India], September 9: Himalayan Elevation Kashmiri Saffron, a brand from Tata Consumer Products is celebrating Himalayan Day. Himalayan Day is celebrated on 9th September every year and is an annual initiative dedicated to preserving and uplifting the unique Himalayan ecosystem and
Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As of June 2024, non-performing industrial loans at local banks surged, prompting significant asset sales to manage bad debts.
Deepak Mohanty, Chairperson, Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday said that the share of cash and bank deposits in household financial assets is declining, while investments in bonds and equities are rising in the recent years, alongside a steady increase in f
The central government is continuously moving on the path of fiscal prudence with the fiscal deficit of the government on July 24 declining to Rs 1.41 lakh crore as compared to Rs 1.54 lakh crore in the corresponding period last year, as per a report by Anand Rathi, a financial services comp
The Sensex surged 320.49 points, opening at 81,406.40, while the Nifty climbed 92.15 points to open at 24,915.30. In early trading, the Nifty saw a majority of its constituent companies advance, with 32 stocks gaining and 17 declining. One stock remained unchanged.