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The question that matters now is whether this draft becomes a serious rule with genuine enforcement, or another addition to our impressive collection of regulations that exist mainly on paper.

Gold and silver price prediction: Gold prices may rally towards Rs 1.72 lakh and silver prices to Rs 3 lakh, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group.

Despite escalating Middle East tensions and a surge in global crude oil prices, petrol and diesel rates in major Indian cities remain steady. Government sources indicate a strategy to shield consumers, with oil marketing companies absorbing some of the price hike. This approach aims to prevent significant inflation and GDP impact, ensuring stability for the

India currently offers two parallel tax systems for individuals – Old Personal Tax Regime and New Personal Tax Regime. While the new regime is now the default option, the choice remains with the taxpayer.

Gold prices experienced mixed movements in futures trading on Thursday. Meanwhile, retail bullion rates across major Indian cities saw a slight dip, reflecting recent global market volatility. Consumers in Delhi, Mumbai, and Kolkata observed a Rs 98 decrease per gram for 24K gold, while other cities also reported similar corrections.

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.

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.

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.

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.