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India will continue to import crude oil from countries where it is available at the most competitive prices and of suitable quality, while factoring in geopolitical conditions and avoiding sanctioned sources, the government told a parliamentary panel on Tuesday.Senior officials from the ministries of external affairs and commerce conveyed this position to the Parliamentary Standing…
MUMBAI: The rupee weakened for a fifth consecutive session on Tuesday, closing at 90.98 to a dollar, down 7 paise from the previous session, after breaching the 91 mark and sliding to a one-month low intraday amid rising geopolitical tensions and sustained selling in domestic equity markets.The currency opened marginally weaker and slipped to 91.05…
Global growth is projected to stay resilient at 3.3% in 2026 and 3.2% in 2027, broadly matching the estimated 3.3% outturn in 2025, according to the latest World Economic Outlook Update released by International Monetary Fund. The forecast noted a slight upward revision for 2026 and no change for 2027 compared with October 2025 projections.Beneath…
TL;DR: Driving the newsA new narrative about upcoming geopolitical upheaval is taking shape in a section of strategic analysts. As per this: China is destined for the top spot, while the United States and India slide into a “battle for second place.”The argument is gaining traction among Chinese strategists and analysts, including Keji Mao, who…
Private equity investment in India slowed down during this year, with only $14.9 billion of investments secured with 217 deals during the third quarter of the year. It’s a dip from 2024’s $26.3 billion, aaccording to a KPMG report, cited by ANI.This has primarily been due to global uncertainties including US tariff policies and geopolitical…
Defence minister Rajnath Singh with Russian defence minister Andrei Belousov (Image credits: ANI) NEW DELHI: India on Thursday sent out a strong signal about the continuity of its partnership with Russia, with defence minister Rajnath Singh emphasising that bilateral defence cooperation remains steady “despite the geopolitical uncertainty.” His remarks came at the 22nd India-Russia Inter-Governmental…
Silver prices continue their upward surge, hitting a record high of Rs 1,84,727 per kg on the Multi-Commodity Exchange (MCX) on Wednesday, following a Rs 3,126 jump in March contract prices. The metal has gained nearly 20 per cent in just one month, climbing from Rs 1,48,717, while the long-term growth remains steep, up 98…
Indian travellers are powering a sharp rise in tourist numbers across several overseas destinations this year, with Moscow, Vietnam, Japan, South Korea and Georgia reporting strong double-digit growth. The upswing comes even as Azerbaijan and Turkey have fallen out of favour following their support for Pakistan during Operation Sindoor.Moscow has emerged as one of the…
Gold’s rally this year has reignited investor interest ahead of Diwali, with the yellow metal emerging as one of 2025’s strongest-performing assets. Global uncertainties, dovish central banks, and safe-haven demand have kept prices elevated.“Gold has witnessed a parabolic rally since August 2025, soaring from Rs 98,500 per 10 grams to a fresh all-time high of…
Gold ETFs are emerging as the preferred choice for investors navigating a volatile global environment. In September 2025, inflows into these funds jumped six-fold to Rs 8,363.13 crore, compared with Rs 1,232.99 crore in the same month last year, reflecting growing appetite for liquid, secure investments. Over the past five years, Gold ETF inflows have…
