Gold is trading near the lower Bollinger band after an extended decline, indicating strong downside momentum. (AI image) Gold price prediction today: Gold prices are seeing intraday weakness and a sell on rise strategy makes sense, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold April futures on MCX are trading near…
Ongoing crisis in the Middle East is beginning to ripple through financial markets, with the impact now visible in the US bond market. The average rate on a long-term mortgage in the United States moved higher this week as bond market volatility persisted. According to mortgage buyer Freddie Mac, the benchmark 30-year fixed mortgage rate…
Stock market today (AI image) Stock market today: Continuing the down trend, Nifty50 and BSE Sensex opened in red on Friday as oil prices climbed and the Strait of Hormuz closure halted important global trade. While Nifty50 went below 23,500, BSE Sensex was down over 580 points. At 9:17 AM, Nifty50 was trading at 23,461.40,…
The Middle East crisis impact has continued to spill across global oil supply chains, once again pushing crude prices beyond the $100 mark. Brent crude, the global oil benchmark, rose slightly after moving past $100 a barrel on Thursday (local time), gaining 0.20% to trade at $100.66 by 0020 GMT. Meanwhile, US benchmark West Texas…
In her recent book ‘Having It All’ gender economist and associate professor of business economics and public policy at the Wharton School, University of Pennsylvania, Corinne Low talks about how women are caught in a ‘squeeze’ and what they must do to escape it.What made you write this book?I was caught in “the squeeze”- that…
NEW DELHI: Retail inflation inched up by 47 basis points in Feb, largely led by an increase in food & beverages and personal care & effects inflation. The West Asia conflict is likely to add further pressure.Data released by the National Statistics Office (NSO) on Thursday showed retail inflation, as measured by the consumer price…
NEW DELHI: ED on Wednesday attached 31 land assets worth more than Rs 582 crore associated with Anil Ambani and his Reliance Home Finance Limited and Reliance Commercial Finance Limited.These properties are located across 13 states and the attachments are the result of searches on Reliance Power on March 6. The total attachment against Ambani…
Amid the rising oil prices as the Iran conflict continues to escalate, the Trump administration is considering the idea of suspending a key maritime law that requires American ships be used to transport between US ports.“In the interest of national defense, the White House is considering waiving the Jones Act for a limited period of…
NEW DELHI: Kerosene oil, which has made a comeback for household use across several states and UTs, will be primarily made available through ration shops and, in some cases, from retail outlets of public sector oil marketing companies for cooking and lighting purposes. The Centre on Thursday allocated 48,000 kilolitres (kl) of additional kerosene to…
NEW DELHI: Govt has asked states and UTs to lift from the Central Pool rice and wheat under the free foodgrain scheme for three months in advance (till June) and distribute them to beneficiaries immediately. This directive comes as govt warehouses are brimming with rice and wheat stocks and little space is available for storing…