Zinc: More room to fall. Wait for dips to go long

Zinc: More room to fall. Wait for dips to go long

Zinc prices have been coming down over the last three weeks. Indeed, the price fall intensified in the past week. The Zinc Futures contract traded on the Multi Commodity Exchange (MCX) fell over 6 per cent last week. It touched...
What is Trump’s game plan and why?

What is Trump’s game plan and why?

The US game plan is very simple. First torpedo its trading partners with an unbearable escalation in tariffs, then offer rebates in tariff against commitments to formal or informal arrangements of coordinated interventions to weaken the dollar | Photo Credit:...
Metropolis Healthcare to acquire Dehradun’s Dr Ahujas’ Pathology & Imaging Centre

Metropolis Healthcare to acquire Dehradun’s Dr Ahujas’ Pathology & Imaging Centre

Metropolis Healthcare Limited has formalized an agreement to acquire Dehradun’s diagnostic chain Dr Ahujas’ Pathology and Imaging Centre (DAPIC), a month after it had inked an agreement to acquire Agra-based pathology company. Under the agreement, Metropolis’ wholly owned subsidiary Metropolis...
No tax on up to ₹12 lakh income but why slabs?

No tax on up to ₹12 lakh income but why slabs?

On February 1, 2025, in her 74-minute Union Budget speech, Finance Minister Nirmala Sitharaman said there will be no tax on income up to ₹12,00,000 per annum, under the New Tax Regime (NTR).Factoring in a Standard Deduction of ₹75,000, this...
Gold, silver scale new heights on US tariffs

Gold, silver scale new heights on US tariffs

The performance of precious metals in the domestic market was slightly muted due to the strengthening of the Indian rupee. | Photo Credit: iStockphoto Precious metals continued to sail higher with both gold and silver recording handsome gains in March....
Asian markets plunge with Japan’s Nikkei diving nearly 8% after the big meltdown on Wall St

Asian markets plunge with Japan’s Nikkei diving nearly 8% after the big meltdown on Wall St

Asian shares nosedived on Monday after the meltdown Friday on Wall Street over US President Donald Trump's tariff hikes and the backlash from Beijing. US futures also signalled further weakness. The future for the S&P 500 lost 4.2%, while that...
Flashing red: The debt of Indian States continues to pile high  

Flashing red: The debt of Indian States continues to pile high  

Political giveaways, resulting in sharp increase in revenue expenditure, not matched by commiserate increase in States’ own tax revenues, appear to be the prime reasons behind this growing debt pile.    | Photo Credit: erhui1979 The Centre as well as the...
Crop insurance business turns lucrative with less incidents of damage, driven by favourable monsoon, tech infusion

Crop insurance business turns lucrative with less incidents of damage, driven by favourable monsoon, tech infusion

The government on March 25 had told Parliament that farmers (19.79 applications) have received claims of ₹1,73,938 crore under PMFBY | Photo Credit: SRINATH M Profits of companies from crop insurance business have increased in the last three years compared...
Extension of century-old terminal lease

Extension of century-old terminal lease

AP Moller-Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth’s lease through December 2062. Originally set to expire in 2029, the lease extension marks a significant milestone in the partnership,...
US tariff on shrimp: Andhra Pradesh CM seeks support from Centre for aqua sector

US tariff on shrimp: Andhra Pradesh CM seeks support from Centre for aqua sector

Andhra Pradesh Chief Minister N Chandrababu Naidu Andhra Pradesh Chief Minister N Chandrababu Naidu on Sunday appealed to the Centre to standby the aqua sector which is facing loss due to the heavy duties levied by the US.In a letter to...
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