Fundamentally, gold’s near-term outlook stays cautiously bearish, with Fed guidance the key swing factor. Gold price prediction today: Gold’s outlook in the near-term continues to be cautiously bearish, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is here detailed view and outlook on gold prices:Oil prices have…
Trump argued that lower interest rates were justified by the US’s strong credit standing and booming investment (Fed Chair Warsh with Trump- file photo) US President Donald Trump stepped up his criticism of the Federal Reserve after the central bank raised its benchmark interest rate by 25 basis points to a 3.75 per cent-4 per…
The bill when signed by Trump will give him the authority to levy duties of up to 100 per cent on major buyers of Russian energy The US House of Representatives on Wednesday passed a sweeping Russia sanctions bill that targets Russian officials, banks and the country’s energy trade, while giving President Donald Trump the…
Noel plans to argue that RBI’s Sept 11 letter requires Tata Sons to comply with rules governing upper-layer non-banking financial companies but does not explicitly direct it to list its shares MUMBAI: Tata Trusts chairman Noel Tata intends to tell the Tata Sons board on Thursday that the company should remain private and unlisted, pushing…
The move directs US officials to identify Canadian-origin products for removal from the federal civil procurement system and monitor Canada’s treatment of American goods. US President Donald Trump signed a Presidential Memorandum to take steps to remove Canadian-origin goods from the US federal civil procurement system, escalating trade tensions with Canada.Trump directed the Office of…
The export levy has been cut by Rs 1 per litre on petrol, Rs 5 on diesel and Rs 4 on ATF, bringing the rates down to Rs 0.5, Rs 20 and Rs 15 per litre, respectively. NEW DELHI: The government has cut export levies on petrol, diesel and aviation turbine fuel (ATF), with the…
100% tariff on India? Russia sanctions bill clears key hurdle, final House vote next US President Donald Trump’s tariff ambitions could soon get a legal pathway to hit India with tariffs as high as 100 per cent if a proposed Russia sanctions bill clears the US House of Representatives and becomes law.The House is scheduled…
US Federal Reserve chief Kevin Warsh US Federal Reserve Chair Kevin Warsh-led Federal Open Market Committee (FOMC) on Wednesday hiked the key interest rate to 3.75%-4% target range. This is the first interest rate hike since 2023.“The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4…
The tax department imposed a penalty of Rs 8.29 lakh, alleging misreporting of income. (Image for representative purpose only) You move abroad for your job but forget to file your Income Tax Return. When you remember, you file your ITR but the date for belated return has also passed and after filing self-assessment tax, you…
Yiming has become Asia’s richest person for the first time overtaking Gautam Adani. ByteDance Ltd.’s Zhang Yiming has overtaken Adani Group chairman Gautam Adani as the richest Asian, according to the Bloomberg Billionaires Index. Yiming has become Asia’s richest person for the first time, as the artificial intelligence boom creates new fortunes that are overtaking…