Outward remittances by resident Indians under the Liberalised Remittance Scheme saw a significant drop in November 2025, reaching a two-year low. This decline was attributed to a decrease in education-related travel and seasonal factors. Total outflows fell by approximately 18% from October, with travel expenses easing considerably.
Outward remittances fall to two-year low in Nov Read More »
Gold and silver prices are surging to all-time highs, driven by geopolitical uncertainties, trade disruptions, and a global supply-demand imbalance for silver. The weakening rupee further fuels these gains in the domestic market, with gold exceeding Rs 1.5 lakh/10gm and silver surpassing Rs 3.2 lakh/kg.
Gold trades near $4.9k/oz, silver at $95/oz Read More »
The Indian rupee dipped to a one-month low against the dollar on Tuesday, closing at 90.98. This marks the fifth consecutive session of weakening, fueled by escalating geopolitical tensions and a downturn in domestic equity markets. Despite efforts to prevent a record low, persistent dollar demand and global uncertainty continue to pressure the currency.
Rupee feels geopolitical heat, breaches 91 level against $ Read More »
Inspira Global, owner of Chinese Wok, is acquiring Restaurant Brands Asia (RBA), the operator of Burger King India. This significant deal sees Everstone Capital exiting RBA with a Rs 460 crore stake sale. Inspira plans substantial capital infusion, aiming to bolster its presence in the fast-growing quick-service restaurant sector and expand its brand portfolio.
Chinese Wok owner to take over Burger King operator Read More »
Gold and silver prices surged to record highs on Tuesday, both domestically and internationally. This surge was attributed to an uncertain political and economic climate, a weaker dollar, and increasing industrial demand for silver. Analysts suggest that potential interest rate cuts by the US Federal Reserve could further fuel this upward trend in bullion prices.
Gold tops 1.5L/10gm, silver above Rs 3L/kg Read More »
