Gold and silver reached new record highs on Friday as investors flocked to safe-haven assets amid rising global tensions and a weakening US dollar.This shift was largely driven by geopolitical factors. Silver followed gold’s advance, boosted by its industrial applications, particularly in electronics and clean energy technologies, and its safe-haven appeal. Analysts say that while…
Oil prices rose slightly on Friday due to increased US economic pressure on Venezuelan oil supplies and after the African nation’s authorities, in conjunction with the US, conducted airstrikes against Islamic State militants in Nigeria’s Sokoto state. However, oil prices are headed for their steepest annual decline since 2020, as investors weigh US economic growth…
The Indian rupee began trading against the US dollar on Monday at 89.54, down 0.3% from Friday’s finish of 89.27, following a week of fluctuations. The native currency struck a record low of 91.08 versus the US dollar last week, on December 16, 2025, after breaking through the psychologically significant 91 mark. The rupee gained…
Although oil prices were largely stable in Asian trading on Friday, prices were expected to fall for a second consecutive week, as market sentiment was driven more by persistent concerns about a global supply glut than by support from geopolitical supply risks. With traders’ focus shifting to signals of weaker demand and excess supply, both…
A preferential issue of equity shares from Japan’s MUFG Bank to raise Rs 39,617.98 crore has been approved by Shriram Finance. With the investment, MUFG will have a fully diluted 20% share in the business. In Friday’s trading, Shriram Finance’s share price increased by almost 5%. The largest FDI inflow into the financial services industry…
According to official data provided on Monday, India’s marine products exports rose by more than 16% to $5.75 billion from April to November 2025–2026, year over year, despite being impacted by the US tax due to a spike in shipments across multiple new destinations. India’s marine product exports in November 2025 totaled $0.87 billion, a…
According to three people with direct knowledge of the situation, a panel appointed by the Securities and Exchange Board of India (SEBI) would recommend in a final report that will be issued early next year that restrictions on commodity derivatives be loosened and that steps be taken to make them more appealing to institutional investors….
According to government data issued on Monday, wholesale price inflation stayed negative for the second consecutive month in November, mostly as a result of lower costs for food items, mineral oils, natural gas and crude petroleum, basic metals, and electricity. Inflation based on the Wholesale Price Index decreased from 2.16% in November of last year…
The Indian rupee continued its downward trend on Monday, falling to a record low of 90.75 against the US dollar in the middle of the session. In the early Asian trading, the local currency fell to a record low of 90.56 and has since continued to decline. The local currency dropped 0.1% from Friday’s historic-low…
According to government export and import figures issued on Monday, India’s merchandise trade deficit shrank to $24.53 billion in November due to a decrease in imports of coal, gold, and oil. In October 2024, the trade imbalance was $41.68 billion; in November, it was $17.06 billion. Exports from all commerce, including goods and services, totaled…
