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The central bank has added 600 kilograms to its gold reserves this fiscal year. (Representative image) In a strategic shift, India is betting on gold rather than dollar-based assets for its foreign exchange reserves. The Reserve Bank of India (RBI) is showing a preference for gold over dollar-based investments, data suggests. As of October 10,…
Apple’s all new MacBook Pro with M5 is now up for grabs in India. Equipped with M5 chipset, the laptop is claimed to offer up to 3.5x more performance for AI workflows, faster storage and up to 24 hours of battery life. Offered in space black and silver colour variants, the new MacBook Pro comes…
Foreign studios are stepping up their game in India’s entertainment market as cinema revenues recover and streaming platforms grow. According to industry insiders, this marks Hollywood’s “second wave” in the country, with global players now moving beyond just distributing films to actively producing and co-owning Indian-language projects.Amazon MGM Studios has announced plans to release three…
US President Donald Trump has again renewed pressure on India, warning that New Delhi could continue to face “massive tariffs” if it doesn’t stop importing oil from Russia. Speaking to reporters aboard Air Force One, Trump claimed Prime Minister Narendra Modi personally assured him that India would stop buying Russian crude.“I spoke with Prime Minister…
Filmmaker Vivek Agnihotri clarified that he did not buy a luxury house immediately after ‘The Kashmir Files’ release, stating the booking was pre-planned. He also refuted claims of announcing a profit donation, explaining the film’s budget was funded by others and he and his wife worked without fees. Read on to know more. Vivek Agnihotri…
Gold and silver made a strong comeback on Monday after briefly pulling back from record highs. Amid ongoing global uncertainties, investors returned to value buying, seeking safety in gold and silver as reliable haven assets.On the Multi Commodity Exchange (MCX), December gold futures rose Rs 982, or 0.77%, to Rs 1,27,990 per 10 grams, with…
Donald Trump has claimed assurance from PM Narendra Modi that India will stop buying Russian crude oil. Russia maintains its position as one of the world’s primary crude oil producers and exporters. While the Ministry of External Affairs has firmly denied knowledge of a call on this matter between the two leaders, it is important…
Jewellery shopping in India is increasingly moving online, with consumers embracing digital platforms for gold, diamond, and lab-grown diamond purchases. Once dominated by neighbourhood jewellers and in-person sales, the market is seeing growing trust in hallmark certifications, brand assurances, and seamless services, making online purchases more acceptable.According to a FICCI-Deloitte report, 73 per cent of…
This Dhanteras, trade across the country is expected to cross Rs 1 lakh crore, with gold and silver alone accounting for more than Rs 60,000 crore, according to the Confederation of All India Traders (CAIT).The trade body highlighted that while every Indian festival is special, Dhanteras has a particularly auspicious significance. Traditionally, on this day,…
As the festive season begins, many shoppers are flocking to buy gold jewellery. Dhanteras, which falls days before Diwali, is considered an auspicious occasion to buy precious metals like gold and silver.People usually invest in physical gold like jewellery, coins, or bars. However, as prices have risen more than 50% in the past year, according…
