The UAE is cautiously resuming normal activities, with capital markets set to reopen and businesses preparing for employees’ return. Despite ongoing Iranian attacks and intercepted threats, authorities are bolstering flight capacity and reassuring the public. Food reserves remain adequate, though investor caution persists amid regional geopolitical tensions.
Gold price prediction today: Gold prices may face resistance at Rs 1,63,275, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.
South Korea’s Kospi index experienced a dramatic 12% tumble, triggering a trading suspension after a significant sell-off led by market heavyweights. This sharp decline follows a previous session’s fall amid escalating Middle East tensions, raising questions about whether it’s a pause or a turning point for the AI-fueled rally.
From record highs to 13% fall: How Middle East crisis hit South Korean benchmark Kospi Read More »
India’s equity market, valued at around $5 trillion, has trailed most major global peers since late 2024 due to slower profit growth and limited participation in artificial intelligence-linked stocks.
India’s services sector saw a slight slowdown in February, with new business growth hitting a 13-month low due to softer demand and rising inflation. Despite this, international sales surged, prompting increased hiring. The overall private sector, however, experienced its fastest growth in three months, driven by strong manufacturing momentum and improved demand.
PMI watch: India’s services growth eases in February as demand softens, costs rise Read More »
The Sensex plunged by more than 1,000 points, slipping below the 81,000 mark for the first time in over a month. The Nifty 50 also dropped sharply, losing upwards of 300 points and falling beneath the crucial 25,000 support level.
Qatar remains India’s largest LNG supplier – it accounts for nearly half of the country’s imports last year, based on vessel-tracking information. Qatar remains India’s largest LNG supplier – it accounts for nearly half of the country’s imports last year.
Amidst rising geopolitical tensions, investors are flocking to safe-haven assets like gold and silver ETFs. Experts suggest a higher allocation to gold for stability, with silver playing a complementary role. While gold ETFs offer primary protection, silver’s industrial demand makes it more volatile. A 10-15% portfolio allocation to precious metals is advised.
India is the world’s fastest growing major economy and a fast-growing consumer of oil. Its vulnerability to supply shocks stems from the relatively small reserves and strategic oil reserves.
