Asian shares traded mixed on Tuesday following a rally on Wall Street, sparked by US President Donald Trump’s assurances over ties with China. Japan’s Nikkei slipped 2.2% or 1061 points to 47,027 as trading resumed after a national holiday on Monday. In Hong Kong, the Hang Seng lost 0.1% to 25,839, while Shanghai’s Composite edged…
Gold fundamentals remain quite constructive. The metal may push higher to test resistance around $4200 in near-term. (AI image) Gold price prediction today: Gold prices are expected to continue their bull-run, but downside correction risks are rising, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. The analyst shares his…
The meeting between US President Donald Trump and Chinese President Xi Jinping is still very much on the table even as the two countries get embroiled in escalating trade tensions.US treasury secretary Scott Bessent on Monday said that he still expects a meeting between the two presidents.“He will be meeting with Party Chair Xi in…
China gave a stern warning to the US on Tuesday, saying that it is prepared to “fight to the end” as the trade conflict between the two economic giants continues to grow.These remarks come after US President Donald Trump announced imposing an additional tariff of 100% on Chinese imports to the country. This takes the…
According to Rich Dad Poor Dad author, silver and Ethereum currently present the most advantageous investment opportunities. (AI image) Silver prices have been scaling new lifetime highs and investors have been recommending a buy on dips strategy. Recently, Rich Dad Poor Dad author Robert Kiyosaki issued a stark warning regarding an imminent global market crash,…
Despite muted returns from the Nifty over the past year, Systematic Investment Plan (SIP) inflows have remained strong, reflecting growing maturity among retail investors, Anand Vardarajan of Tata Asset Management told ET.The SIP contribution in September saw held steady at around Rs 30,000 crore, slightly lower than August’s Rs 33,000 crore, which Vardarajan attributes to…
Silver rate today: Silver prices in the national capital witnessed a sharp jump on Monday, rising by Rs 7,500 to hit a record Rs 1,79,000 per kg (inclusive of all taxes) amid renewed US-China trade tensions and heightened safe-haven demand, according to the All India Sarafa Association. The white metal had closed at Rs 1,71,500…
Niti Aayog on Monday called for rapid expansion and modernisation of India’s fishing fleet, along with enhanced market access, as part of a broader push to promote the country’s blue economy.The think-tank also emphasised scaling up operations and strengthening monitoring and surveillance mechanisms across the sector, PTI reported.In its report titled India’s Blue Economy, Niti…
In a major reform aimed at improving ease of access and flexibility for over seven crore subscribers, the Employees’ Provident Fund Organisation (EPFO) board on Monday approved liberalised partial withdrawal rules, allowing members to withdraw up to 100 per cent of their EPF balance.The Central Board of Trustees (CBT), headed by Labour Minister Mansukh Mandaviya,…
In a move aimed at strengthening regional trade and payment systems, the Reserve Bank of India (RBI) on Monday allowed Indian banks and their overseas branches to extend rupee-denominated loans to persons residing in Bhutan, Nepal, and Sri Lanka.The RBI said the step was taken to facilitate cross-border trade transactions and is part of its…
