EXCHANGE RATE SWINGS
Jindal Power gets $470 million loan for Botswana project
Jindal Power Ltd. has acquired a $470 million loan to fuel its ambitious power project in Botswana. The financing is backed by three Indian banks, alongside participation from international institutional lenders. This initiative aligns with Jindal's previous international expansion efforts and leverages Botswana's extensive coal resources, which are essential for catering to local electricity requirements.
Gold's short-term volatility contrasts with long-term bullishness
Recently, gold prices have leveled out at approximately $4,000 an ounce after experiencing notable volatility throughout the year. This stabilization has attracted increased investor interest, spurred by central bank acquisitions amid economic unpredictability. Moreover, demand for gold jewelry has seen a significant uptick in regions like India and China, thanks to decreased prices.
Gold may glitter at Rs 1.68 lakh as global uncertainties bolster outlook: Report
Gold prices in India could rise to ₹1.60-1.68 lakh per 10 grams over the next 6-12 months, according to Motilal Oswal Financial Services (MOFSL), which sees price corrections as buying opportunities amid sustained investment demand and central-bank purchases..
US Midterms 2026: Cost of living and government corruption are top issues, AP Voter Poll says
Voters are participating in Election Day to influence control of the U.S. House and Senate. Many electorate members express dissatisfaction with the current economic situation attributed to Trump's policies. Polls indicate a significant desire for checks and balances on the presidency from Congress. Various gubernatorial candidates, along with major ballot measures, also shape the election landscape. Early voting statistics show heightened engagement compared to previous elections and reflect voter concerns.
Wall Street drops to its worst day since June after the sell-off for tech stocks deepens
Wall Street’s tech sell-off deepened on Friday as investors questioned whether massive spending on artificial intelligence will deliver enough returns to justify lofty valuations. The S&P 500 fell 1.8% and the Nasdaq 2.9%, with Intel plunging nearly 29% and Nvidia down 4.2%, while bitcoin also slid after a major hack at Binance.
Who sent $2 bn military equipment to Iran past US blockade? More than 5,000 agencies
Iran has developed a clandestine network involving over 5,000 agencies to import military equipment and evade sanctions. This network functions despite ongoing US naval blockades and sanctions since the war began. Extensive investigations reveal significant transactions and military logistics supporting their activities. The secretive agencies have been linked to the Islamic Revolutionary Guard Corps and elite controlled businesses.
Why is market rallying today? Sensex jumps 900 points, Nifty above 22,900. 6 key factors behind Rs 5 lakh crore gains
The Indian stock market saw a vibrant uptick as both Sensex and Nifty surged over 1.1%, attributed to the Federal Reserve's decision to maintain interest rates. Renewed interest from foreign investors was evident, with net purchases of Indian equities totaling approximately Rs 872 crore on Wednesday. Optimism surrounding potential reductions in long-term capital gains tax also fostered positive market sentiment.
Silver rate has fallen 50% from its record-high January rate; should you buy now or wait?
Silver prices have witnessed a sharp decline in the Multi Commodity Exchange, resulting in considerable losses for investors. Experts believe that a price recovery may occur within the next 12 to 18 months. New investors are advised to adopt a gradual buying strategy, while existing investors should hold steady and resist the urge to sell in haste.
What Bitcoin ETF flows reveal about institutional confidence
US spot Bitcoin ETFs have recorded volatile inflows and outflows, reflecting uneven investor conviction. Although demand recovered during the third quarter, ETF flows have largely followed Bitcoin’s price movements rather than predicted them, making sustained trends more significant than daily fluctuations.
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
There is really no doubt about what will happen in the short term. It is going to be tough. Trying to guess the exact day when things will improve is a waste of effort. But a frightened market is exactly when it helps to look the other way. Because markets go too far in both directions, not only the one that is hurting today.
Warren Buffett on bearish markets: One habit decides whether you come out richer or poorer
He put the four worst collapses in his own share price into a table, with the dates and the drops. Nearly 60% once, around half three more times, all of it inside the best long-run record anybody has produced in public markets. He did not print it to confess. He printed it to make one argument, and it is the argument most investors hear only after the damage is done. Then he turns the same idea upside down.
Rupee snaps eight-day rally as oil climbs to highest since May
The Indian rupee ended its eight-session-long winning streak, closing down 0.4% at 94.8175 per dollar. Concerns over escalating oil prices amid the Middle East conflict contributed to global market volatility. Brent oil prices reached $112.40 per barrel, impacting India's economy due to high crude imports. The Reserve Bank of India faced pressure on whether to defend the currency amid these pressures.
India Inc eyes a festive boom, but the bottom line holds a twist
Festive shopping is currently gaining momentum with significant sales in both online and offline markets. Companies are experiencing increased demand but are also facing rising costs that impact profitability. Many consumers are driven by discounts and affordable payment options during this festive season. Businesses are adapting pricing strategies to balance consumer affordability with input cost pressures.
U-turn from regulator may be new lifeline to Indian derivatives
The return of a stable settlement system in India's equity-derivatives market could signal a promising recovery. Following the tumultuous closure auction process introduced in August, regulators are aiming to restore order. Market players are optimistic that this newfound clarity will not only enhance trader confidence but also boost derivatives trading volumes over time.
These large- and mid-cap stocks can give more than 20% return in 1 year, according to analysts
The next few weeks are critical, and one should not be in a hurry to make market-related decisions. Better to be cautious – to wait and watch. Let the picture become a little clearer before you act.
Global Market: Hong Kong dollar nears weak side of trading band, raising prospect of HKMA intervention
The Hong Kong dollar neared the weak end of its trading band against the US dollar, raising the possibility of Hong Kong Monetary Authority intervention to defend its peg. Weak equity performance, subdued investment flows, and rising US interest rates have pressured the currency, though analysts expect the linked exchange rate system to remain stable.
Mortgage rates for 30 years rise 3 year high due to long-term US Treasury yields. How does it impact homeowners' monthly principal, interest payments and what to expect in near future?
US Bonds Market: The rise in yields has pushed 30-year mortgage rates to a nearly three-year high of 7.4 per cent, keeping many homeowners locked into existing loans rather than refinancing as they often do when rates decline.
These large- and mid-cap stocks can give more than 20% return in 1 year, according to analysts
The mayhem in the market is likely to continue, at least for the short-term. Nothing has changed in terms of the known headwinds: The US-Iran war continues in fits and starts, oil prices are still elevated, US bond rates remain high, and global supply chains continue to be disrupted. With the calendar year-end approaching, however, there is a technical factor that has entered the mix.
RBI policy confronts a world with long tails
The RBI is likely to begin raising rates in October, with another hike possible in Q4 2026, as inflation risks broaden. Higher oil prices, weather shocks, weaker currency and geopolitical risks are fuelling imported pressures.
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