Gold Climbs To Near Three-Week High After US, Iran Agree To Ceasefire

Gold Prices: Gold rose to a near three-week high on Wednesday, as oil prices and the dollar fell sharply after the U.S. and Iran came to an agreement to cease hostilities for two weeks as talks begin on a permanent end to the war.Spot gold was up 2% at $4,795.99 per ounce, as of Read More

Karachi Stock Exchange Skyrockets 12,000 Points as War Tensions Ease in the Region

Pakistan’s benchmark share index recorded its largest-ever single-day gain on Wednesday, surging by 12,000 points as a regional ceasefire and aggressive foreign buying triggered a massive short-covering rally across blue-chip sectors.Sector-Wide Gains The rally was fueled by inst Read More

India Orders 70% LPG Allocation for Key Industries Linked to Gas Reforms, Issues Urgent State Orders

The Ministry of Petroleum and Natural Gas has instructed state governments to prioritize industrial units where LPG is integral to the manufacturing process and cannot be replaced by natural gas. Sectors such as pharmaceuticals, polymers, and agriculture are identified as the pri Read More

RBI Governor Malhotra Says ‘Nothing Related to Governance’ Noticed in HDFC Bank Review; System ‘Resilient’

Reserve Bank of India Governor Sanjay Malhotra on Wednesday dismissed concerns over the leadership transition at HDFC Bank, stating that a recent supervisory review found no evidence of ethical or governance failures.The RBI had been closely monitoring HDFC Bank after Chakraborty Read More

RBI Presser: Governor Malhotra Says ‘Economy is Structurally Very Strong’ While Hinting at Lower Rates

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday signaled a prolonged era of lower borrowing costs, describing the Indian economy as “structurally very strong” despite a series of global macroeconomic shocks.RBI hints at “low for long” rate regimeAddressing repor Read More

Aviation Relief: India Orders 25% Cut in Airport Fees as IndiGo Hits 10% Upper Circuit

India’s airport tariff regulator has ordered major airports to cut landing and parking charges by 25% for three months for domestic flights, offering relief to the country’s airlines that are under financial pressure due to the Iran war.The move to cut charges comes after IndiGo Read More

Homeowner Relief: Everything You Need to Know About the RBI’s Decision to Keep EMIs Steady

Millions of Indian middle-class households received a significant financial reprieve on Wednesday as the Reserve Bank of India elected to hold its benchmark interest rate steady. This has blocked a new wave of home loan EMI increases that had been feared due to global inflationar Read More

Legal Win for Adani: US Court to Hear Dismissal Request in SEC Securities Fraud Lawsuit

A U.S. federal court has accepted a request from Gautam Adani’s legal team to discuss dismissing a fraud case filed by the U.S. Securities and Exchange Commission (SEC).Legal teams from Sullivan & Cromwell and Nixon Peabody are leading the defense. They say the SEC case is “legal Read More

RBI Policy: Is This Your Last Chance for 8% FD Returns? Why Banks May Slash Rates Soon

Indian savers face a narrowing window to lock in high-yield fixed deposits after the Reserve Bank of India signaled a prolonged pause in its interest rate cycle, despite mounting geopolitical pressures that have historically pushed rates higher.The FD Peak Commercial banks typica Read More

RBI Repo Rate Held at 5.25%: Bank Stocks Rally as Geopolitical Relief Trumps Inflation Fears

Indian banking stocks maintained a steady upward trajectory on Wednesday, extending a pre-policy rally as a geopolitical “risk-on” shift outweighed the Reserve Bank of India’s (RBI) widely anticipated decision to hold interest rates steady.Pre Policy Optimism Fuels Early Gains Th Read More