Betting on gold! Central banks around the world to continue buying gold this year; holdings to see big increase

Gold retains its position as a reliable protective asset, helping to minimise risks during persistent economic and geopolitical instability. (AI image) Gold continues to be a favourite for central banks! Amidst rising global economic uncertainties and geopolitical tensions, central banks around the world will continue to stock up on gold, says a World Gold Council…

Read More

‘Dramatic decline…watch out…’: China’s exports to US dip sharply amid Trump trade war; why India needs to be on the guard

China’s shipments to India by 12.4 per cent to $11.13 billion. (AI image) Donald Trump tariff impact: China has increased its exports to countries like India amidst the ongoing trade issues with the US. According to a Global Trade Research Initiative (GTRI) report, China has expanded its exports to India, European Union (EU), and the…

Read More

Iran-Israel conflict: How will blocking of Strait of Hormuz hit India? Indian refiners look at alternative routes for fuel supply

The Strait of Hormuz serves as a crucial channel for worldwide energy transportation. (AI image) Will the escalating Iran-Israel conflict cause an oil supply issue for India? Indian refiners are exploring alternative energy sources, including those from West African nations, to ensure fuel supply security in case Iran blocks the Strait of Hormuz amid escalating…

Read More

South Delhi India’s capital for FMCG consumption

Representative image (Photo: ANI) NEW DELHI: When it comes to quantity (volume), South Delhi, associated with affluence, is India’s unrivalled consumption capital for fast-moving consumer goods. But West Delhi is the top spender on these goods, not only in the capital, but also in the country. What’s common: both prefer good old home-cooked meals, and…

Read More

From cars to couture: Kering appoints Renault’s Luca De Meo to lead Gucci; French high-fashion brand hopes for revival

French high end fashion group Kering appointed Luca de Meo, the man behind rescuing carmaker Renault from crisis, as its new chief executive to steer the company’s struggling flagship brand Gucci back on course.De Meo, 58, will officially take over in September, after shareholders approve of a new governance structure that separates the roles of…

Read More

Committed to Ladakh’s inclusive growth: Finance minister Nirmala Sitharaman

Committed to Ladakh’s inclusive growth: FM Nirmala Sitharaman (Photo: PTI) LEH: Finance minister Nirmala Sitharaman, virtually inaugurated several development projects on Sunday in Leh, Ladakh, during her four-day visit to the Union Territory. The ministry of finance said this reaffirms Government of India’s commitment to inclusive growth and infrastructure development in the Union Territory of…

Read More

Gold price prediction: What’s the gold rate outlook for June 16, 2025 week amidst Israel-Iran conflict – should you buy or sell?

Gold prices witnessed heightened volatility last week as escalating geopolitical tensions took center stage. (AI image) Gold price prediction today: Gold is back in focus amidst the ongoing Israel-Iran conflict which has added to its safe haven appeal in times of increased geopolitical tensions and uncertainties. Positive news on the US-China trade deal talks and…

Read More