Gold prices have reached a two-week high. Silver has hit a new record. This surge is driven by expectations that the US Federal Reserve will cut interest rates next month. Investors are returning to gold as a safe haven. Soft economic data and dovish remarks from Fed officials support this outlook. Platinum and palladium also saw gains.
Indias Q2 FY26 GDP surged 8.2%, beating expectations and reaffirming its position as the fastest-growing major economy. Markets may open positively on Monday, driven by robust manufacturing and services growth, easing inflation, and potential FII sentiment shift, though experts caution against chasing indices at elevated levels.
The 80-year-old former Prime Minister, who is suffering from various ailments, is now under close observation by doctors. Quoting doctors, Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir said that her physical condition is very critical.
The Securities and Exchange Board of India, often referred to as Sebi, is rolling out a set of new regulations designed to clamp down on the rising tide of fraud in the securities market.
Starting January 1, mutual funds and specialized investment funds will classify their commitments to REITs as equity investments. Meanwhile, infrastructure investment funds will retain their hybrid status. Existing investments in REITs under debt schemes will be preserved until December 31, 2025, allowing fund managers time to adapt.
After years of slashing output to prop up prices, key members of the OPEC+ group, including Saudi Arabia and Russia, surprised markets earlier this year by hiking production to levels very few had anticipated.
Despite concerns about inflation, shoppers turned out en masse for a day of shopping that, for some, is just as much about finding good deals as it is holiday traditions in downtown Chicago.
The plaintiffs in the 119-page complaint filed in the U.S. District Court for the Southern District of New York said they are seeking in excess of $10 billion in damages.
