Gold prices in India recorded another decline on Tuesday, August 19, 2025, marking a continuation of the cautious trend seen in recent sessions. Despite gold’s long-standing reputation as a reliable hedge against inflation and a safe investment, to
India’s foreign exchange reserves have shown a notable recovery, climbing by $4.74 billion to reach $693.62 billion in the week ending August 8. This rebound comes as a welcome reversal after the steep dip seen the prior week. Reserves Recoup fr
Angel One Asset Management Company (AMC), backed by Angel One Ltd., has received the green light from SEBI to launch a new Gold Exchange-Traded Fund (ETF). This open-ended ETF will replicate domestic gold prices, offering both retail and institutiona
India may soon see a leaner version of the Goods and Services Tax (GST). The Finance Ministry has proposed trimming the current multi-slab structure to just two rates – 5 and 18 – in a move pitched as one of the biggest tax reforms since GST’
India’s crude oil imports from Russia surged to 2 million barrels per day (bpd) in August, up from 1.6 million bpd in July—an increase that marks 38 of its total 5.2 million bpd oil intake, according to Kpler data. Despite escalating pressure fr
On Monday’s trading session, defence shares jumped as Prime Minister Narendra Modi announced Mission Sudarshan Chakra, an indigenous air-defence initiative announced during his Independence Day address. The plan aims to neutralise threats and bolst
In July 2025, India’s mutual fund houses actively reshuffled their portfolios, placing strong bets on prominent names like SBI and Reliance, while also trimming some holdings and backing fresh public listings. These shifts highlight where fund mana
The automobile sector saw a sharp rally on Monday after reports suggested that the goods and services tax (GST) on cars and two-wheelers may be lowered from 28 to 18. The news, coming just ahead of the festive season, sparked hopes of improved affo
ANB Metal Cast Limited, the aluminium extrusion manufacturer, made a modest debut on NSE SME on August 18, 2025. After closing its IPO bidding between August 8-12, 2025, the company commenced trading with a 5 premium at ₹164, later rising to ₹17
RSB Retail India Limited, one of South India’s most prominent fashion and apparel chains, has moved a step closer to the stock market. The company has lodged its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (S
Star Imaging & Path Lab Limited, the healthcare diagnostic services provider, made a muted debut on BSE SME on August 18, 2025. After closing its IPO bidding between August 8-12, 2025, the company commenced trading at ₹142, matching its issue p
Medistep Healthcare Limited, the Gujarat-based pharmaceutical products trader, made a decent debut on NSE SME on August 18, 2025. After closing its IPO bidding between August 8-12, 2025, the company commenced trading with a solid 23 premium at ₹53
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