Latest Updates Around The World
The Indian steel industry is emerging as a rare bright spot in an otherwise subdued global metals landscape. While major global markets remain locked in low growth cycles, domestic steel demand continues to grow steadily, making India the fastest growing steel market in the world. The sector is expected to achieve an estimated 8-10% CAGR […]
For months, the US dollar has looked tired. The US Dollar Index has remained below the psychological level of 100 since November and has fallen almost 6.5% since what markets called ‘Liberation Day’. The dollar, once the undisputed king of currencies, suddenly found itself defending territory rather than gaining ground.For a currency that typically strengthens […]
Escalating tensions between the United States and Iran over stalled nuclear negotiations have once again heightened geopolitical risks in global crude oil markets. Recent warnings from the US leadership about possible military action after Iran reportedly crossed key US “red lines” caused a sharp rise in crude prices, with WTI rising more than 5%, as […]
Domestic benchmark indices recovered from a gap-down opening to end on a firm base. IT stocks emerged as major drags in a volatile trading session, although broad-based buying across sectors kept markets resilient. The Nifty climbed 116.90 points, or 0.46%, to settle at 25,571.25, while the BSE Sensex rose 316.57 points, or 0.38%, to end […]
U.S. stocks closed higher on Friday, led by gains in Alphabet, Amazon and other Wall Street heavyweights after the Supreme Court struck down President Donald Trump’s global tariffs. The U.S. Supreme Court, which has a conservative majority, ruled 6-3 against Trump’s global tariffs, which were introduced last year under a federal law intended for national […]
Brent crude oil prices rose Friday amid late-day short covering as investors worried about U.S. military action while President Donald Trump put pressure on the Islamic Republic to halt its development of nuclear weapons. Brent crude futures settled at $71.76 a barrel, up 10 cents, 0.14%. U.S. West Texas Intermediate crude ended at $66.39 a […]
President Donald Trump has paid a price for going solo on tariffs. The Supreme Court delivered a rare rebuke on Friday, ruling that he did not have the power to declare an economic emergency and impose sweeping new taxes on imports. Trump had made tariffs the basis of his economic pitch to voters participating in […]
Gift Nifty rose nearly 400 points from its lows on Friday after the US Supreme Court struck down former President Donald Trump’s sweeping tariffs, a move that has also led to a rally in US equities. The U.S. Supreme Court rejected Trump’s use of the 1977 International Emergency Economic Powers Act to impose broad tariffs, […]
Gold prices fell slightly on Friday as investors assessed the US Supreme Court ruling that overturned President Donald Trump’s broad tariff plan, although the safe metal was still supported by weaker-than-expected US GDP data.Spot gold rose 0.5% to $5,025.19 an ounce at 10:35 a.m. (1535 GMT), after rising as much as $5,063.49 earlier in the […]
The National Stock Exchange will introduce 10 gram gold futures in its commodity derivatives segment from March 16, following approval from regulator Sebi. The exchange said the new contract will be available for trading in monthly series.Risk management, clearing and settlement standards will be communicated separately by NSE Clearing. The Gold 10 gram futures contract […]
