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Gold prices surge by Rs 1,200/10g, and the rally may not be over yet. Here’s why it may be time to accumulate
November 10 ET : Gold prices traded sharply higher on Monday, with the MCX December futures jumping over 1% or by Rs 1,223 to Rs 1,22,290 per 10 grams, amid renewed safe-haven demand following weak U.S. consumer sentiment data and a soft jobs report. NEWS LINK
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From Importer to Exporter..India's Defecne journey!
October 22
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Main points about India's FDI Policy?
October 14 What is FDI Policy? Foreign Direct Investment (FDI) is when a company or person from one country puts money into a business in another country. In India, the FDI Policy is a set of rules that decide how foreign money can come in. It helps grow the economy by bringing new jobs, technology, and money. The policy is managed by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Foreign Exchange Management Act (FEMA). India has received over $1 trillion in FDI since April 2000, making it a top spot...
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What are 54EC Bonds?
August 29 WHAT? 54EC Bonds are a type of tax-saving bonds issued under Section 54EC of the Income Tax Act, 1961. The purpose is that if someone sells a long-term capital asset (like land, house, or building) and earns long-term capital gain (LTCG), they can invest the profit in these bonds and claim exemption from capital gains tax. Key Features of 54EC Bonds Who can invest : Individuals, HUFs, Companies, and Firms. Applicable only on long-term capital gains (not short-term). Eligible Bonds...
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What is Export Promotion Mission (EPM) initiative of the government?
August 25 WHAT? The Export Promotion Mission (EPM) is a flagship initiative announced by the Indian government in the Union Budget 2025-26 to bolster the country's export sector amid global trade challenges, such as rising tariffs and economic uncertainties. It aims to promote broad-based, inclusive, and sustainable export growth by addressing key bottlenecks, particularly for Micro, Small, and Medium Enterprises (MSMEs), through enhanced access to affordable credit, market development, compliance support, and integration into...
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Gold 6 year bull run since 2019 over?
July 02 WHAT? Two commodity research firms, Mumbai-based Motilal Oswal Wealth Management (MOWM) and BMI (a unit of Fitch Solutions), have declared the end of gold’s six-year bull run that began in 2019. This rally delivered over 30% returns in both 2024 and 2025, but signs of market fatigue suggest a pause. Key Details Gold prices surged impressively since 2019, exceeding price projections. In 2019, the average price of 24-karat gold per 10 grams was approximately ₹36,000. As of July 2025, the current...
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Why have special economic zones rules been relaxed?
June 18 SUMMARY Published on June 16, 2025, the article from The Hindu explains the Indian government’s recent decision to relax key rules governing Special Economic Zones (SEZs) to boost domestic manufacturing of semiconductors and electronics components. This move is part of a broader strategy to reduce India’s reliance on imported high-tech components, strengthen its position in global supply chains, and align with initiatives like the Semicon India programme. The amendments to the SEZ Rules, 2006, aim to address the...
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Why are Silver prices increasing so fast?
June 11 WHAT HAPPENED? In India, silver prices on the MCX were ₹89,100 per kg on June 11, 2024, and the prices reached ₹1,03,000 per kg by early June 2025. June 2024 Price: ₹89,100 per kg June 2025 Price: ₹1,03,000 per kg Absolute Change: ₹1,03,000 - ₹89,100 = ₹13,900 per kg Percentage Change: (₹13,900 / ₹89,100) × 100 = 15.60% Internationally, silver prices increased by $7.34 per ounce, a 25.18% rise. In India, prices rose by ₹13,900 per kg, a 15.60%...
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India’s forex reserves surge by $6.99 billion to $692.72 billion in week-long rally
May 31 SUMMARY India's foreign exchange reserves experienced a significant increase of $6.99 billion, reaching a total of $692.72 billion for the week ending May 23, 2025, according to data released by the Reserve Bank of India (RBI) . Key Components of the Increase Foreign Currency Assets (FCA): The largest component of the reserves, FCAs rose by $4.52 billion to $586.17 billion. These assets are influenced by the valuation changes of major currencies like the euro, pound, and yen against the US...
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Gold price climbs ₹10 to ₹97,320, silver price declines ₹100 to ₹99,800
May 31 SUMMARY As of May 31, 2025, gold and silver prices in India experienced slight fluctuations: Gold Prices 24-carat gold: Increased by ₹10, reaching ₹97,320 per 10 grams. 22-carat gold: Also rose by ₹10, now priced at ₹89,210 per 10 grams. City-specific rates: Mumbai, Kolkata, Chennai: ₹97,320 for 24-carat gold. Delhi: ₹97,470 for 24-carat gold. Silver Prices Silver: Decreased by ₹100, now at ₹99,800 per...
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