Following reports that the US President might launch a new attack on Iran, the price of gold surged to a record high on Thursday. An ounce of gold reached nearly $5,600. Due to increasing political tensions worldwide, people have started investing more in safe-haven assets like gold and silver. As a result, the prices of…
Gold prices surged past the $5,200 mark for the first time on January 26, 2026, reflecting an increase of over 3% the previous day, driven primarily by a weakening U.S. dollar, which has fallen to near four-year lows amidst ongoing geopolitical uncertainties and anxieties regarding monetary policy adjustments by the U.S. Federal Reserve. Spot gold…
Gold surpassed the $5,500 per ounce mark for the first time on January 29, reaching an all-time high of $5,584 in the international market, before settling around $5,519, reflecting a 4.06 percent increase from the previous close. This surge was driven by the US Federal Reserve’s decision to maintain interest rates unchanged amidst ongoing geopolitical…
December 2025 saw a 7.8% increase in the Index of Industrial Production (IIP), the fastest rate in more than two years. According to the Quick Estimate, the IIP growth rate for November 2025 was 6.7%. “After registering a high growth of 7.2%(RE) in November 2025, industry momentum further strengthened in December 2025 as the Index…
Oil prices rose on Wednesday as supply concerns persisted following a winter storm that disrupted U.S. crude oil production and exports. Geopolitical tensions in the Middle East also provided additional support to prices. The storm is estimated to have disrupted around 2 million barrels per day of U.S. oil production, while crude oil and LNG…
A long-awaited free trade agreement between India and the EU has been finalized. This agreement covers economies that account for one-third of global commerce and almost 25% of the world’s GDP. As the two biggest democracies in the world look to protect themselves from erratic relations with the US, the agreement will deepen their political…
Oil prices fell on Tuesday as expectations grew that oil supplies from Kazakhstan would return to normal. After Kazakhstan announced that it is preparing to restart production at its largest oil field, investors became optimistic that more oil would be available in the market. As a result, Brent and U.S. crude oil prices declined slightly….
As state-run Bharat Petroleum Corporation Ltd. (BPCL) works to expand crude procurement from non-Russian sources, India’s oil import policy is clearly being reevaluated. The Ministry of Petroleum and Natural Gas announced on Friday that BPCL would double the amount of its FY26 contract by purchasing 12 million barrels of crude oil from Brazil’s state-owned Petrobras…
Politico has reported that the U.S. president’s administration is considering imposing a naval blockade to completely block oil imports to the Caribbean nation of Cuba, with the aim of bringing about a regime change there. No final decision has been made on this matter. However, it has been reported that some critics of the Cuban…
According to the market regulator’s bulletin on Friday, fundraising through initial public offerings (IPOs) in India was comparatively mild in December as compared to the peak levels in 2025, but the number of new issuances was the greatest, and the issuance size was the third biggest globally. The Indian equity market’s poor performance due to…
