Geopolitical tensions to continue, says Jefferies’ Wood

[ad_1] Conflicts in Ukraine-Russia and West Asia may continue to escalate, according to a base case scenario projected by Jefferies’ equity strategist Christopher Wood in his latest Greed & Fear newsletter. These conflicts may trigger a further rally in the...

Dip in gold prices ahead of Akshaya Tritiya to boost demand

[ad_1] Gold prices plummeted on Tuesday following a relaxation of tensions in West Asia over the weekend, as both Iran and Israel abstained from additional drone attacks. Besides the de-escalation of war threats, huge profit-booking following the recent price surge...

Geopolitical jitters pause FPIs’ Indian debt investments, net outflows reach ₹6,124 crore in April

[ad_1] After six months of strong buying and consistent monthly inflows, Foreign Portfolio Investors (FPIs) shifted their strategy in April, becoming net sellers in the debt market. to the tune of ₹6,124 crore as of April 19.Despite the recent outflow,...

Wholesale inflation rises to 0.53% in March

[ad_1] Vegetable prices pushed producers’ inflation, based on Wholesale Price Index (WPI), to 0.53 per cent in March as against 0.2 per cent in February, data released by Commerce & Industry Ministry on Monday showed. This is in contrast to...

Nifty to open weak as markets focus on escalating Israel-Iran tension

[ad_1] Domestic markets are likely to remain volatile on Monday due to the escalation of geopolitical tension between Iran and Israel. Gift Nifty at 22,467 against NIfty futures close of 22,601, signalling a gap down of about 130 points for...

Retail inflation declines to 5-month low of 4.85% in March

[ad_1] Retail inflation declined to a five-month low of 4.85 per cent in March mainly due to cooling food prices, according to official data released on Friday.The Consumer Price Index (CPI) based retail inflation was 5.09 per cent in February...

Crude oil gains as Ukraine continues drone attacks on Russian refineries infrastructure

[ad_1] Crude oil futures traded higher on Wednesday morning due to various supply side issues. At 9.55 am on Wednesday, June Brent oil futures were at $89.01, up by 0.10 per cent, and May crude oil futures on WTI (West...

Three factors why gold will glitter in 2024

[ad_1] Three factors — the US Fed’s likely move to cut interest rates, a weaker dollar and geopolitical tension — will likely keep gold prices elevated in 2024 with research agencies raising their price forecast for the precious metal. JP Morgan...

‘Cut and polished diamond exports to hit 5-year low this fiscal’

[ad_1] The exports of cut and polished diamonds from India are expected to hit a five-year low in this fiscal, experiencing a dip of about 25-30 per cent to $16 billion as demand in the near term remains subdued.India is...

Effective use of technology will create hunger for talent: WEF MD

[ad_1] Unlike common perception, the use of technology and artificial intelligence will not result in lesser demand for manpower, Jeremy Jurgens, Managing Director, World Economic Forum, said.Jurgens, who was recently in India for the Bio Asia 2024, in a quick...
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