Gold prices have recently soared to unprecedented levels, trading around $3,080 per ounce, driven by geopolitical tensions, economic uncertainties, and inflation concerns. This surge has positioned gold as a preferred safe-haven asset among investors. Contrary to the prevailing bullish sentiment, Jon Mills, an analyst at Morningstar, forecasts a significant decline in gold prices over the…
In a move that has sent shockwaves through global markets, President Donald Trump announced sweeping tariffs, including a 26% levy on Indian imports and a 34% tariff on Chinese goods, aiming to bolster U.S. manufacturing. These measures are part of a broader strategy to correct what Trump describes as a “sick” economy by encouraging domestic…
On March 13, 2025, shares of Mahanagar Telephone Nigam Limited (MTNL) experienced a significant surge, climbing 18.4% in early trading on the Bombay Stock Exchange (BSE) to reach an intraday high of ₹51.30. This sharp uptick followed the company’s announcement of substantial earnings from asset monetization. Asset Monetization Details MTNL reported earnings of ₹2,134.61 crore…
In a significant move aimed at bolstering the financial flexibility of Micro and Small Enterprises (MSEs), the Reserve Bank of India (RBI) has proposed the elimination of foreclosure charges and prepayment penalties on floating rate loans. This initiative is designed to facilitate easier and more affordable financing options for MSEs, thereby promoting their growth and…
The US stock market experienced a sharp decline, wiping out approximately $927 billion in market value within a single trading session. According to an analysis from Watcher Guru, this drop marks the worst market performance of the year, raising concerns among investors and analysts. Major Indices Experience Sharp Declines Leading stock indices, including the S&P…
Tesla, under the leadership of Elon Musk, is poised to make a significant entry into the Indian automotive market by April 2025. The company plans to introduce its electric vehicles (EVs) with starting prices around ₹22 lakh, targeting the burgeoning demand for sustainable transportation in the world’s third-largest car market. Strategic Import Plans from Berlin…
In a significant economic development, Argentina’s annual inflation rate has dramatically decreased from over 254% to 84.5% in January 2025, marking the first instance in two years that the year-on-year rate has fallen below the 100% threshold. This substantial reduction signals a potential turning point for the nation’s economy, which has been grappling with hyperinflation…
In a significant move to stimulate economic growth, the Reserve Bank of India (RBI), under the leadership of Governor Sanjay Malhotra, has reduced the repo rate by 25 basis points, bringing it down to 6.25%. This marks the first rate cut in nearly five years, reflecting the central bank’s response to evolving economic indicators. The…
China’s recent announcement of a 15% tariff on select U.S. energy products, agricultural machinery, and large-engine cars has fueled global market concerns. The move, perceived as a retaliatory measure against the United States, threatens to further strain economic ties between the two major world economies. While analysts suggest the direct impact on U.S. exports may…
Finance Minister Nirmala Sitharaman has addressed concerns regarding the Indian rupee’s depreciation against the U.S. dollar, emphasizing that the phenomenon is primarily due to the dollar’s significant strengthening rather than a weakening of the rupee itself. She highlighted that the rupee has remained relatively stable against other major global currencies, reflecting the robust fundamentals of…