India and the European Union are on the verge of sealing their long-delayed free trade agreement. (AI image) In a historic first, India and the European Union are all set to seal a trade deal that has taken almost two decades to finalize. The scale of the proposed free trade agreement is evident in Commerce…
MUMBAI: RBI has revised its priority sector lending norms allowing lending to the National Cooperative Development Corporation to qualify as priority sector loans, with the objective of expanding credit to cooperative societies while tightening compliance and reporting requirements for banks.The revised Master Directions on Priority Sector Lending recognise loans extended by banks to the National…
Global growth is projected to stay resilient at 3.3% in 2026 and 3.2% in 2027, broadly matching the estimated 3.3% outturn in 2025, according to the latest World Economic Outlook Update released by International Monetary Fund. The forecast noted a slight upward revision for 2026 and no change for 2027 compared with October 2025 projections.Beneath…
MUMBAI: IDBI Bank reported a net profit of Rs 1,935.5 crore for the quarter ended Dec 31, 2025, up 1.4% from Rs 1,908.3 crore a year earlier, aided by provision write-backs and improved asset quality. However, a sharp drop in core net interest income results in shares of the bank falling nearly 6%.Net interest income…
Kuwait Gold Prices Stable Near Record Highs Amidst Market Volatility Gold prices in Kuwait remained stable at $4,595 per ounce after a week of volatility in precious metals markets, closing firmly despite recent profit-taking and fluctuations in investor sentiment. According to a report by Kuwait’s Dar Al-Sabaik, gold futures for February delivery dipped slightly but…
Gold prices remained high on Monday as investors continued to seek safety amid rising geopolitical tensions and trade-related uncertainties.Gold and silver prices surged to fresh record levels as escalating geopolitical risks and shifting US monetary expectations boosted demand for safe-haven assets. Renewed unrest in Iran, fresh US tariff threats against several European countries over Greenland…
India is on track to overtake Germany and emerge as the third-largest economy by 2028. (AI image) India is all set to join China as an upper middle income country by the end of this decade, according to an analysis by the State Bank of India (SBI). India’s Gross Per Capita Income or GNI is…
Silver prices surged to a record high on Monday, crossing the Rs 3 lakh-per-kg mark in futures trade for the first time. Gold also rebounded sharply, recovering from last week’s losses.On the Multi Commodity Exchange (MCX), silver futures jumped Rs 13,553, or 4.71%, to a record Rs 3,01,315 per kg. Gold futures rose nearly Rs…
State-owned Nalco is open to venturing into mining of rare earth elements (REEs) with its bid advisor conducting due diligence on domestic auctions for REEs, magnesium and chromite blocks, its CMD Brijendra Pratap Singh Monday said. The move signals National Aluminium Company Ltd’s (Nalco) diversification strategy beyond bauxite and alumina, targeting high-value critical minerals essential…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are LTIMindtree Ltd, and UltraTech Cement. Here’s his view on Nifty, Bank Nifty for the week starting January 19, 2026:Nifty View:After hitting a fresh alltime high of…
