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Gold faces key test from geopolitics and rates after a turbulent first half: World Gold Council
Gold experienced a dramatic swing this year, hitting record highs before a sharp decline, yet remains a strong performer. Geopolitical tensions, particularly the US-Iran conflict, fueled early gains. Looking ahead, interest rates and global economic shifts will dictate gold's path. The World Gold Council anticipates gold trading near $4,100/oz if current economic forecasts hold, but significant geopolitical or economic downturns could drive prices higher.
BlackRock sees India gaining as global investors rotate from Korea and Taiwan
Ben Powell, Chief APAC & Middle East Investment Strategist at BlackRock Investment Institute, said lower energy prices and improving geopolitical conditions have strengthened India's investment outlook. While BlackRock remains overweight on AI, it has turned neutral on emerging markets and plans to become more selective on valuations, with India positioned to attract fresh foreign inflows.
Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil prices
Nayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. This move follows easing West Asian tensions and stabilizing global oil prices. While Nayara reverses its March price hike, state-owned retailers like IOC, BPCL, and HPCL have kept their prices unchanged. This development signals potential relief for consumers as international markets stabilize.
Global headwinds persist as India posts 7.8% Q4 growth amid easing oil, steady policy stance and mixed inflation trends
West Asia peace deal eased energy stress, pushing Brent below $80. India grew 7.8% in Q4, CPI rose to 3.9%, fiscal deficit at 4.4% of GDP. RBI kept repo at 5.25% with neutral stance amid mixed global PMI.
The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chips
DBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, infrastructure and data centres. The bank expects AI spending, sovereign AI investments and rising power demand to create new investment opportunities while reshaping portfolio allocation amid persistent inflation and geopolitical risks.
Coal India earmarks ₹1,900 crore for R&D through FY30 amid technology push
Coal India will invest around ₹1,900 crore in research and development by FY30, scaling up prototype development, industry-academia partnerships and global technology collaborations to drive mining innovation and cleaner energy solutions.
Oil finds its way: Supertankers return to Persian Gulf
Supertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran conflict. Shipping data indicates a significant increase in commodity vessel traffic, including oil tankers, signalling renewed confidence among shipowners. This return of large carriers, with a combined capacity of millions of barrels, is vital for global energy markets as hostilities ease ahead of peace talks.
'Two Similar Companies At Heart': Persistent Systems CEO Explains Why Nagarro Is The Right Fit
Rather than pursuing growth for growth's sake, Persistent says it was looking for a partner that could help it compete for larger global transformation deals while preserving its engineering-led DNA.
Kalpataru Projects International bags orders worth Rs 2,957 crore
Kalpataru Projects International has secured new orders totaling Rs 2,957 crore across its Transmission & Distribution, buildings, and water segments. This includes a significant entry into the Middle East water business via a joint venture. The company's MD & CEO expressed confidence in achieving growth targets, citing a strong, diversified order book and robust business visibility. These wins reinforce KPIL's market leadership in India and select global markets.
Trump Damaged India Ties, Iran War Drove Up Energy Costs: US Congressman Ro Khanna
He accused the Trump administration of weakening America's global standing through unilateral actions.
India's coordinated, concerted effort shielded citizens during Hormuz energy disruption, says Amitabh Kant
India navigated a severe global energy crisis with remarkable success, ensuring normal life for its citizens. This achievement, according to former NITI Aayog CEO Amitabh Kant, highlights a robust model of coordinated governance and digital delivery. Through early policy interventions, diplomatic efforts, and domestic production enhancements, the government effectively shielded common people from price hikes and supply disruptions, a stark contrast to global turmoil.
'Higher-for-longer' aluminium cycle to lift producer stocks
Indian aluminium giants Vedanta Aluminium and Hindalco Industries are poised for significant gains, with analysts predicting around 20% growth over the next 9-12 months. Despite recent price dips, a global supply deficit is expected to bolster metal prices. Investors are advised to capitalize on the current market correction to accumulate shares, anticipating strong performance driven by cost improvements, volume expansion, and stabilizing international operations.