After a punishing few months, India’s benchmark NSE Nifty 50 index is poised for a relief rally in February, based on the changes in investors’ positioning in the derivatives markets, brokerages said. The Nifty has tumbled 11.3 per cent over the last four monthly derivatives series, each of which spans between the last Thursdays of…
Union Finance Minister Nirmala Sitharaman today presented the Economic Survey for 2024-25 on the first day of the Budget session. The Economic Survey is the most important document which reviews the country’s economic progress and challenges. It was prepared by the Chief Economic Adviser (CEA), V Anantha Nageswaran and his team. According to the survey, India’s economy…
Gold prices in India soared to new heights on Thursday (January 30). The 24K gold price in Delhi crossed the ₹83,000 mark, while the 22K gold was priced at ₹76,000 per 10 grams. In Mumbai, the 24K gold edged up by ₹10 to ₹82,860 per 10 grams. Globally, gold traded in a narrow range on…
The FY26 Budget may project a 20 per cent increase in capex spending to drive economic activity, leave more disposable income in the hands of people and target a fiscal deficit of 4.4 per cent of GDP for the fiscal ending March 2026, a EY report said on Thursday. EY India Chief Policy Advisor DK…