By raising duties, the government aims to curb excessive bullion imports, reduce dollar outflows and manage pressure on the current account deficit. (AI image) Gold price prediction today: Gold and silver prices are rallying in the domestic market due to the sudden hike in import duties. In the coming days they are expected to align…
The ongoing conflict in West Asia has not yet had a major impact on India’s retail inflation, though future price trends will depend on fuel costs, crop coverage and global supply conditions, according to a report by State Bank of India.The report said the trajectory of inflation in the coming months would largely be shaped…
Asian markets showed a mixed trend in early trading on Wednesday as cooling optimism around artificial intelligence and technology shares slowed the momentum behind Wall Street’s recent record-breaking rally. Japan’s Nikkei 225 was marginally higher, rising less than 0.1% to 62,774.94. South Korea’s Kospi advanced 0.9% to 7,708.05, recovering part of the sharp losses seen…
Top stocks to buy (AI image) Stock market recommendations: Mehul Kothari, DVP – Technical Research at Anand Rathi Shares has chosen Narayana Hrudayalaya, Coal India, and Hyundai Motor India as the top stocks for buying today, May 13, 2026:Narayana Hrudayalaya: Inverse Head & Shoulders Breakout with Momentum StrengtheningBuy: ₹1890–₹1850 | Stop Loss: ₹1750 | Target:…
Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent inflation kept investors cautious.Japan’s Nikkei 225 edged up less than 0.1% to 62,774.94, while South Korea’s Kospi gained 0.9% to 7,708.05 after recovering some recent losses.Australia’s S&P/ASX 200 slipped 0.3% to 8,645.80.Hong Kong’s Hang Seng…
Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent inflation kept investors cautious.Japan’s Nikkei 225 edged up less than 0.1% to 62,774.94, while South Korea’s Kospi gained 0.9% to 7,708.05 after recovering some recent losses.Australia’s S&P/ASX 200 slipped 0.3% to 8,645.80.Hong Kong’s Hang Seng…
UBS has a buy on Indian Hotels with the target price at Rs 900. Analysts said the company reported resilient Jan-March quarter (Q4FY26) numbers despite geopolitical headwinds, with consolidated revenues rising 14% on the year (YoY) to Rs 2,770 crore and profit after tax (PAT) up 15% YoY to Rs 600 crore.This was underpinned by…
Surendra Mehta, national secretary of the India Bullion and Jewellers Association, said the increase was largely expected as the government looks to contain the current account deficit. He added that elevated gold and silver prices could further impact consumer demand. On Sunday, Prime Minister Narendra Modi urged citizens to refrain from purchasing gold for a…
Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to the Iran conflict and awaited the outcome of a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping.As per Reuters, Brent crude futures fell 82 cents, or 0.76%, to $106.95…
NEW DELHI: The government on Wednesday raised import tariffs on gold and silver to 15% from 6%, according to Reuters. The move is aimed at curbing precious metal imports and easing pressure on India’s foreign exchange reserves.The sharp increase in duties comes just days after Prime Minister Narendra Modi urged Indians to avoid buying gold…
