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Gold price outlook: Gold Futures on India’s Multi Commodity Exchange (MCX) closed 0.02 per cent or â‚ą21 lower on Friday, 23 May 2025, after a rally fueled by the renewed trade tensions in the global economy over US President Donald Trump‘s stance with the European Union tariffs. Gold Futures for the June 2025 contract closed…
The government has ratified the rate of interest on employees’ provident fund at 8.25 per cent for FY25, enabling retirement fund body EPFO to deposit the annual interest accumulation in the post-retirement funds of over 7 crore subscribers. EPFO, on February 28, had decided to retain the interest rate of 8.25 per cent on employees’…
Just when the stock market was getting comfortable with your agenda again, you had to go and shake things up. There was your keyboard, so tempting, and you couldn’t help posting new tariff threats on Apple and Europe, sparking a pre-Memorial Day slump. There was your “big, beautiful bill,” which finally passed the House of…
Kellton Tech Solutions share price is expected to remain in focus on Monday after the company announced the issuance of foreign currency bonds. The company’s board of directors has approved the allotment of the Foreign Currency Convertible Bonds (FCCBs) worth $10 million to eligible investors. The Security Issuance Committee of the Board of Directors of…
Stocks to buy under â‚ą200: The Indian stock market took a breather this week and entered a mild consolidation phase after a strong multi-week rally. The benchmark Nifty 50 index witnessed bouts of profit booking and ended the week marginally in red. Analysts believe this price action reflects cautious stance, as the frontline indices –…
KSH International, a Pune-based magnet winding wires manufacturer, on Thursday filed preliminary papers with markets regulator Sebi to launch its initial public offering (IPO). KSH International plans to raise â‚ą745 crore from the IPO. The proposed KSH International IPO is a combination of a fresh issue of shares worth â‚ą420 crore and an offer-for-sale (OFS)…
Thailand aims to clamp down on easy access to cannabis by mandating medical prescriptions amid rising instances of tourists attempting to smuggle out large quantities of weed. Dispensaries will be allowed to sell cannabis only to those with licenses or with prescriptions from medical professionals, including traditional medicine practitioners, when proposed changes to existing rules…
Railway PSU stocks have garnered significant investor attention in recent years, driven by robust returns and improved financial performance. This momentum has been supported by increased government capital expenditure and a focused push towards modernization and infrastructure development in the railway sector. Recently, three key state-owned railway companies — Rail Vikas Nigam Ltd (RVNL), IRCON…
Top News Debt mutual funds experienced a robust 20.5% surge in their assets under management (AUM) during the financial year 2024–25 (FY25), signaling renewed investor confidence in fixed-income instruments amid evolving macroeconomic conditions. According to data released by the Association of Mutual Funds in India (AMFI), the AUM of debt-oriented schemes expanded significantly, rising from…
