Why are gold prices rising? Finance minister Nirmala Sitharaman explains

Union finance minister Nirmala Sitharaman on Monday explained the reason behind the rise in gold prices and assured that the government is closely monitoring the hikes. After the customary post-Budget meeting with the Central Board of Directors of the Reserve Bank of India, she said, “Most countries today, particularly their central banks, are buying gold…

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Stock market today: Nifty50 trades above 25,700; BSE Sensex rises over 600 points, crosses 83,300 mark

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex opened in green on Monday on positive global cues following US Supreme Court’s decision to strike down Trump’s tariffs. While Nifty50 was above 25,700, BSE Sensex added over 600 points, rising above 83,300. At 9:21 am, Nifty50 was trading at 25,720.40, up 149…

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‘So much tariff coming in’: Trump floats $2,000 direct payments to Americans without Congress approval

US President Donald Trump reiterated his claim that Americans could receive a $2,000 payment funded through tariff revenues and the move might not even require congressional approval. Addressing reporters, Trump said strong tariff collections had created sufficient room to consider direct payments to Americans while also helping to reduce the national debt. Responding to whether…

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‘Buy America’ to ‘bye America’: Why investors are looking beyond US stocks

US investors are increasingly moving money out of domestic equities and into overseas markets, signalling a shift away from the long-dominant “buy America” trade as returns from Big Tech moderate and global markets outperform.Data from LSEG/Lipper shows US-domiciled investors have withdrawn about $75 billion from US equity products over the past six months, including $52…

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FMCG firms bet on volume-led growth as easing inflation seen improving margins in FY27

India’s leading fast-moving consumer goods companies expect growth to shift towards volumes in FY27, as easing inflation and softer commodity prices begin to reduce cost pressures and support margin recovery.Industry executives said the operating environment has turned more favourable after several volatile quarters, with mid- to high single-digit volume growth already reported by major FMCG…

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