[ad_1] The European Union has agreed to phase out its remaining gas imports from Russia by the end of 2027, a move aimed at ending its long-standing energy dependence on Moscow.The decision was taken by EU energy ministers during a meeting in Luxembourg on Monday, who approved a plan by the European Commission to gradually…
[ad_1] The Indian stock market ended in green on Monday, with benchmark indices extending their winning streak for the fourth consecutive day, buoyed by strong quarterly results from major lenders and a rebound in global risk appetite.The BSESensex settled at 84,363.37, rising 411.18 points or 0.49 per cent, while the NSE Nifty50 closed at 25,843.15,…
[ad_1] Copper demand in the United States and India is set to outpace China over the next ten years, even as growth slows in the world’s biggest consumer of the metal. While China will continue to lead the market, analysts say that other regions and factors are likely to play a bigger role in shaping…
[ad_1] China’s top leaders, including President Xi Jinping, are meeting on Monday for one of the country’s most important political gatherings, the fourth plenum of the Communist Party. The meeting will last four days and finalise the five-year plan for 2026–2030, which will guide China’s economic and technological policies.Timing of the gathering is crucial as…
[ad_1] China has long criticised the United States for overstepping its boundaries to control foreign companies. Yet this month, Beijing did almost the same thing.To push back against Washington’s trade battle, China is now adopting US-style tactics.The south Asian giant announced a move, similar to the US, under which foreign firms must now get the…
[ad_1] Gold and silver made a strong comeback on Monday after briefly pulling back from record highs. Amid ongoing global uncertainties, investors returned to value buying, seeking safety in gold and silver as reliable haven assets.On the Multi Commodity Exchange (MCX), December gold futures rose Rs 982, or 0.77%, to Rs 1,27,990 per 10 grams,…
[ad_1] Supply tightness continues in the market however, premiums in ETFs, physical continue to ease off weighing on domestic exchange prices as well. (AI image) Gold price prediction in Diwali week: Gold prices are likely to trade range-bound in the Diwali week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd….
[ad_1] US President Donald Trump on Monday suggested that he might reduce tariffs on Chinese goods, but only if Beijing agrees “to do things” for the United States. These concessions include buying more US soybeans, halting restrictions on rare earth minerals, and other security concerns. Speaking with reporters aboard Air Force One, he said, “They’re…
[ad_1] Going forward, market experts indicate that Indian stocks’ direction will be influenced by current corporate results and policy decisions from key global central banks. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, soared in opening trade on Diwali day. While Nifty50 went above 25,900, BSE Sensex was up…
[ad_1] French luxury group Kering has agreed to sell its beauty division, including the high-end perfume brand Creed, to L’Oreal for $4.6 billion. The move marks a major step for Kering as it looks to tackle its growing debt.Under the agreement announced on Sunday, L’Oreal will also secure 50-year exclusive licences to make and sell…