Investor interest in precious metals surged in January, with mutual fund allocations to gold and silver rising sharply as prices of both metals climbed significantly. For the first time in recent years, monthly inflows into gold and silver schemes surpassed investments into equity funds, which have typically driven industry growth. Gold and silver Exchange Traded…
HONG KONG — Financial regulators in Hong Kong are going to unveil a framework for trading platforms to offer perpetual contracts, the head of the region’s Securities and Futures Commission said Wednesday. Brokers in Hong Kong will soon be able to provide financing to clients backed by bitcoin BTC$67,668.26 and ether ETH$1,976.46 and platforms will…
NEW DELHI: In a major push to eliminate lymphatic filariasis, the Centre on Monday rolled out a nationwide annual mass drug administration campaign across 12 endemic states, signalling a decisive shift in strategy to meet its 2027 elimination target.Launching the campaign, Union Health Minister Jagat Prakash Nadda said the move from biannual to a single,…
Rupee opened weak on Wednesday, falling 6 paise to 90.62 against the US dollar amid ongoing geopolitical worries and steady demand for the greenback from importers.Trading at the interbank foreign exchange market began with the rupee at 90.56 per dollar. As the session progressed, the local unit weakened to 90.62, lower than its previous finish….
Asian share markets traded in green on Wednesday, as investors balanced about weak US consumer data and about concerns about American economy. Hong Kong’s HSI added 97 points or 0.36% to reach 27,280 at 9:30 am IST. Kospi also inched higher, up 46 points to 5,348. Japan’s Nikkei also extended its rally, adding 2.28% 1,286…
New Delhi: As the opposition gathered to decide strategy for the upcoming discussion on Budget on Tuesday, Rahul Gandhi faced a unanimous demand from allies that he should start the debate, if only to get back at BJP which had not let him speak for seven days. The demand was led by DMK’s T R…
MUMBAI: Govt is selling nearly 18.3 crore shares, translating to about 5.3% stake in PSU engineering major Bharat Heavy Electricals (Bhel) to mobilise about Rs 4,650 crore. The disposal of stake will be through the offer for sale (OFS) route that will open today and close on Thursday. The floor price for the OFS has…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the main stock market benchmarks, rose in opening trade on Wednesday as global cues remained positive and optimism around the India-US trade deal continued. While Nifty was near the 26,000 mark, BSE Sensex rose over 100 points. At 9:16 AM, Nifty50 was trading…
NEW DELHI: US Trade Representative Jamieson Greer Tuesday said the India-US deal will be a very important one that will reverberate for years to come, while stating that India could be an alternative to China for American companies looking to diversify their production.“We know that many companies already are going in that direction. We want…
Industry leaders discussed demand for tokenized real world assets (RWA) during a Consensus Hong Kong 2026 panel featuring Evan Auyang (group president at Animoca Brands), Christian Rau (senior vice president, digital assets and blockchain at Mastercard), Nicola White (VP of crypto institutions, Robinhood), and moderator Marcin Kazmierczak (co-founder, RedStone). The panel echoed BlackRock COO Rob…
