Tensions in the Middle East have sent shockwaves through financial markets worldwide, with the Strait of Hormuz emerging as the focal point of concern. The crucial passage, which carries nearly 20% of the world’s fuel supply, has kept oil prices elevated above $100 per barrel, fuelling uncertainty across asset classes. The unease has spilled over…
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NEW DELHI: Bharatiya Janata Party on Friday handed an early edge to its opponents in the upcoming Bankipur Assembly bypoll after its candidate, Abhishek Kumar Sinha, pulled out of the contest, citing “family reasons.“The move gave fresh ammunition to the opposition, which claimed that the saffron party was “jittery at the prospect of a defeat”…
Peter Schiff (File photo taken from X) Economist Peter Schiff, renowned for predicting the 2008 financial crisis, advised investors to buy gold while being cautious with silver. He believes gold is a bargain at $4,534 with minimal downside risk, while silver faces higher short-term risks despite its strong performance in 2025. Schiff recommended waiting for…
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The Securities and Exchange Board of India (Sebi) has announced that investments made by Mutual Funds (MFs) and Specialised Investment Funds (SIFs) in Real Estate Investment Trusts (REITs) will be treated as equity-related instruments from January 1, 2026. The move is aimed at encouraging greater participation in the REIT market, reported news agency ANI.Sebi said…
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India-China trade is unlikely to be influenced by external geopolitical or economic developments, as both countries are large economies that support multilateralism and global trade frameworks, China’s Consul General in Mumbai Qin Jie said on Saturday.Speaking to PTI on the sidelines of the International Business Conclave at Advantage Vidarbha 2026 in Nagpur, the diplomat said…
India’s economic story is expected to remain on a path of “cautious resilience” in the near term, even as global uncertainties continue to grow, the department of economic affairs (DEA) said in its Monthly Economic Review for May.However, it cautioned that the ongoing conflict in the Middle East, rising crude oil prices and the possibility…
PM Modi offers homage (PTI image) NEW DELHI: Prime Minister Narendra Modi on Thursday paid tributes to former PM Atal Bihari Vajpayee on his 101st birth anniversary at the ‘Sadaiv Atal’ memorial. Viajpayee, who is also a Bharat Ratna recipient is one of India’s most respected leaders remembered for his conduct, dignity and unwavering commitment…
