MUMBAI: In India, gold has emerged as the best performing asset class of this millennium. The yellow metal is closely followed by silver, of late the new darling of traders and investors, pushing equities to third place by a respectable distance. The scenario is not very different in the international markets too. Consider this: In…
NEW DELHI: The hunt for critical minerals is attracting new players to draw up plans to enter the crucial sector to shore up supplies. Odisha-based Indian Metals and Ferro Alloys (IMFA), a leading ferro alloys producer in the country, is planning an entry to the segment, given its experience in the mining and metals industry.“We…
Silver continued its glittering rally on Monday, surging past the $80-an-ounce mark. The white metal’s momentum was lifted by tight supplies, rising industrial demand and expectations of further US interest rate cuts. Besides silver, platinum also touched a record high, briefly.Spot silver jumped 3.8% to $82.15 an ounce, after earlier hitting an all-time high of…
NEW DELHI: The ministry of civil aviation on Monday issued a travel advisory after multiple flights were delayed due to a thick layer of smog and fog in northern parts of India.The ministry shared customer support numbers of various airlines and said, “Due to fog conditions across parts of Northern India, flight operations at select…
SALT LAKE CITY: India has emerged as a key geography in how global enterprises analyse software productivity, with engineering intelligence firm DX saying it has surveyed more than 100,000 engineers in the country as part of its developer experience research.The data shows developers based in India consistently report 10-15% higher self-reported developer experience scores than…
IOB set to raise 4,000 crore; Centre’s stake to fall CHENNAI: Close on the heels of the Centre divesting 2.2% of its shares in Indian Overseas Bank (IOB), the public sector bank will raise Rs 4,000 crore through a qualified institutional placement (QIP) in Q4 FY26. The move will further bring down the Union government’s…
Coinbase CEO Brian Armstrong has claimed Bitcoin provides healthy competition for the US dollar, which in turn pressures policymakers to maintain fiscal discipline and helps preserve the US dollar’s dominance. “[Bitcoin] provides a check and balance on the dollar in the sense of if there’s too much deficit spending or inflation in the US, people…
Asian markets mostly traded in green on Monday, beginning the week on a positive note as investors remained cautious but optimistic, awaiting fresh signals from the US Federal Reserve. Attention is pinned on the minutes of the Fed’s December policy meeting, which is due for release on Tuesday. Meanwhile, recent strength in precious metals also…
NEW DELHI: Private equity investments in real estate fell 29% this year to $3.5 billion due to lower inflow of funds in housing and warehousing projects, according to Knight Frank India. Private equity (PE) investments stood at $4.9 billion during the preceding year. Inflow of PE funds hit record $6.7 billion during the 2018 calendar…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was above 26,050, BSE Sensex was above 85,000. At 9:17 AM, Nifty50 was trading at 26,074.75, up 18 points or 0.069%. BSE Sensex was at 85,082.51, up 41 points or 0.048%.Stock…
