Latest News

Indian benchmark indexes open little changed after sharp gains in last two sessions

April 16 (Reuters) – India’s benchmark indexes opened little changed on Wednesday, following sharp gains in the last two sessions, as investors assessed changes in U.S. tariffs. The Nifty 50 was down 0.14% at 23,344.10, while the BSE Sensex fell 0.11% to 76,646.97, as of 09:17 a.m. IST. The benchmarks rose around 4% in the last two sessions, which helped Sensex recoup losses seen earlier in the month after U.S. President Donald Trump announced reciprocal tariffs on April 2. The broader mid-and small-caps rose 0.1% and 0.3%, respectively.

Gold hits record high on weaker dollar, trade war concerns

April 16 (Reuters) – Gold prices hit an all-time peak on Wednesday as a weaker dollar, escalating trade tensions and concerns over global economic growth increased demand for the safe-haven bullion. Spot gold rose 1.3% to $3,270.12 an ounce, as of 0319 GMT. It scaled a peak of $3,275.20 per ounce earlier in the session. U.S. gold futures gained 1.4% to $3,286.30. “A confluence of factors such as dollar depreciation and ongoing risk aversion are working in gold’s favour,” said Tim Waterer, chief market analyst at KCM Trade. The dollar index fell 0.4% against its rivals, making gold more attractive

People have right to protest, not to take law into their hands: Mamata

Kolkata, Apr 14 (PTI) In the backdrop of the violence during anti-Waqf (Amendment) Act protests in various places of West Bengal, Chief Minister Mamata Banerjee on Monday said everybody has the right to demonstrate peacefully, but none should take the law into their hands. While inaugurating a skywalk close to the Kali temple at Kalighat in south Kolkata, she also asked people not to indulge in non-religious activities in the name of religion. “Everybody has the democratic right to stage a peaceful protest with permission. I will request people not to take the law into their own hands. To protect

Gold falls more than 1% as risk sentiment improves

April 14 (Reuters) – Gold prices dipped more than 1% on Monday, retreating from a record high hit earlier in the day, as risk appetite improved after the White House exempted smartphones and computers from reciprocal tariffs on China. Spot gold was down 1.2% at $3,199.09 an ounce, as of 09:24 a.m. ET (1324 GMT), after hitting an all-time high of $3,245.42. U.S. gold futures fell 0.9% to $3,215.70. “Some risk-on trading here got us off the recent highs, but still the environment is pretty good for gold,” said Bart Melek, head of commodity strategies at TD Securities. Risk sentiment

1 … 995 996 997 998 999 … 1,616