March 3, 2026

Business

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Gold investment trend: India’s gold ETFs hit biggest-ever $10 billion AUM; weaker rupee and global uncertainty fuel demand

contact@dailyupdatesindia.com02 mins

India’s physically backed gold exchange-traded funds (ETFs) recorded their biggest-ever monthly inflow in September, pushing total assets under management to a record $10 billion, according to World Gold Council (WGC) data cited by Reuters. The surge came as investors turned to gold amid weak stock market returns and persistent geopolitical uncertainty.Gold ETFs saw inflows of…

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US market today: Wall Street drifts near all-time highs as gold climbs past $4,000; AI frenzy keeps investors alert

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Wall Street stocks showed modest gains on Wednesday, with the S&P 500 inching 0.1% higher near its record high, while the Dow Jones fell slightly by 20 points and the Nasdaq rose 0.3%. Investors remain cautious following the US government shutdown, which delayed major economic data releases, including the monthly jobs report, AP reported.Technology and…

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‘Uncertainty is the new normal’: IMF chief warns of economic turbulence, urges nations to ‘buckle up’

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IMF, Managing Director Kristalina Georgieva (Photo-AP) The global economy is proving more resilient than expected despite major shocks such as President Donald Trump’s sweeping tariffs, but International Monetary Fund Managing Director Kristalina Georgieva has warned that this strength may not last.“Buckle up,” Georgieva said during a speech at the Milken Institute on Wednesday, AP reported….

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‘Best time to invest, innovate and Make in India’: PM Modi to global investors at India Mobile Congress

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NEW DELHI: Prime Minister Narendra Modi on Wednesday made a spirited pitch for boosting manufacturing investments in the country, saying that it is the “best time to invest, innovate and make in India” which should be positioned as a “trusted partner” in the global supply chain. The statement comes when India faces tariffs headwinds from…

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Silver rate today: Prices climb to Rs 1.57 lakh/kg as global demand drives record rally; what investors need to know

contact@dailyupdatesindia.com02 mins

Silver rate today: Silver prices surged for the third consecutive day on Wednesday, gaining Rs 3,000 to trade near a record high of Rs 1,57,000 per kilogram in the national capital amid global uncertainties and the prolonged US government shutdown.The white metal had closed at Rs 1,54,000 per kg on Tuesday and touched Rs 1,57,400…

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France’s Safran to double workforce, boost sourcing from India

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CHENNAI: French aerospace and defence major Safran is planning a rapid expansion of its operations in India, aiming to double its workforce and significantly increase sourcing from Indian suppliers every two years. The company is gradually broadening its sourcing from civil aviation components to dual-use and defence applications.Safran has recently established a small sourcing team…

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Tata internal discord: Amit Shah, Sitharaman have a firm message – ‘do what it takes’ to restore stability

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Tata Trusts’ infighting and internal discord has prompted the Centre to step in with Home minister Amit Shah and Finance Minister Nirmala Sitharaman meeting top Tata Group leaders in Delhi on Tuesday.According to an ET report, in the meeting which lasted around 45 minutes, the message from the government was clear: stability needs to be…

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What Makes Mumbai’s Second International Airport Special? Top Stunning Facts & Photos You Shouldn’t Miss

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Navi Mumbai International Airport’s Terminal 1 will have 66 check-in counters, 29 aerobridges, 22 self-baggage drop counters and 10 bus boarding gates. The new airport will feature India’s largest aircraft maintenance, repair, and overhaul (MRO) facilities, positioning itself as a significant cargo transportation centre. Source link

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Germany economy outlook: Growth forecast rises to 0.2% in 2025; rebound expected at 1.3% in 2026

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The German government on Wednesday raised its growth projections, saying Europe’s largest economy is now expected to narrowly avoid stagnation in 2025 before accelerating to 1.3% in 2026. The previous forecast in April had predicted zero growth for 2025 this had been upgraded to 0.2%,, while the estimate for next year has been upgraded from…

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India’s growth momentum: Piyush Goyal says no power can stop India becoming developed by 2047; trade and technology expansion key

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Piyush Goyal (File photo/ANI) Commerce and Industry minister Piyush Goyal said on Wednesday that no power on earth can prevent India from becoming a developed nation by 2047, with the government taking multiple steps to boost infrastructure, domestic economy, and international trade.Speaking at the 6th edition of the Global Fintech Fest (GFF) in Mumbai, Goyal…

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