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Gold prices soared to a record high of $3,636.69 an ounce on Monday, driven by soft U.S. labor data fueling expectations of a Federal Reserve interest rate cut. The anticipation of lower rates, coupled with a weaker dollar and strong central bank buying, particularly from China, has propelled gold's impressive gains this year. Investors are now closely watching upcoming U.S.
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Infosys will consider a buyback of equity shares at a meeting on September 11, 2025, following a period of underperformance where shares have fallen nearly 25% in the past year. Despite this, the company reported a 9% YoY growth in consolidated net profit for the first quarter, with revenue rising 8% YoY.
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The call comes amid fears the bill would be watered down as some of its key backers left the cabinet.
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News and Media
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