Banks must now link loans for micro, small, and medium enterprises to an external benchmark. This move aims to improve monetary policy transmission. The Reserve Bank of India has also reduced the reset period for these loans. Quality control measures are being phased in with specific exemptions for MSMEs.
Gold and silver are poised for further gains as global inflation data and economic indicators are closely watched. Analysts anticipate continued momentum driven by central bank policy expectations and geopolitical factors. Domestic factors like rupee depreciation are also boosting gold’s appeal for Indian investors, while strong industrial demand supports silver.
India’s gems and jewellery exports surged nearly 20% to $2.5 billion in November, driven by strong shipments of cut and polished diamonds, studded gold jewellery, and silver items. While cumulative exports remain steady, this monthly uptick signals a market stabilization and picking up demand in key destinations like Hong Kong and the Middle East, offering
India has identified nearly 300 products in engineering, pharmaceuticals, agriculture, and chemicals with significant export potential to Russia, aiming to boost bilateral trade. Despite a large trade deficit, India’s current exports in these key sectors are considerably lower than Russia’s import demand, presenting a substantial opportunity for growth.
Indian family businesses are experiencing robust expansion, with nearly half reporting revenues between USD 1 billion and USD 30 billion. Driven by increased capital access, generational leadership shifts, and technology adoption, these enterprises are poised for significant growth. A strong focus on ESG and aggressive global expansion plans further underscore their dynamic trajectory.
Oil tanker movements into and out of Venezuelan waters have almost come to a standstill, Al Jazeera’s sources stated, after the US announced that it would seize more vessels as part of its military pressure on Venezuela’s President Nicolas Maduro.
Venezuela’s oil exports shrivel as US seizes tanker off its coast Read More »
The Nifty experienced a mild correction this week, consolidating within a downward pattern and closing negative despite a Federal Reserve rate cut. The index faces resistance near recent peaks, with key levels at 26,200 and 26,300. A cautious approach is advised until a breakout above this resistance is confirmed.
Stock market outlook: Nifty slips 0.53% for the week; further consolidation expected Read More »
Wall Street firms are advising investors to diversify beyond the “Magnificent Seven” tech stocks as their market dominance appears to be waning. Strategists are recommending sectors like health care, industrials, and energy for 2026, citing concerns over elevated valuations and AI investment returns. Market data indicates a shift, with smaller indices outperforming megacap tech.
SpaceX is reportedly conducting an internal share sale valuing the company at $800 billion, with a potential 2026 IPO in the works. This valuation, nearly double its previous figure, surpasses OpenAI’s record and positions SpaceX as the world’s most valuable private firm. Funds will fuel Starship development, AI data centers, and lunar base initiatives.
Indian Railways is implementing significant cost-cutting measures in maintenance, procurement, and energy to bolster its finances. This proactive approach aims to absorb anticipated wage increases from the Eighth Pay Commission, projected to be substantial. The railway is focusing on operational efficiency and increased freight revenue to manage the financial impact.
