Goldman Sachs projected relatively stable steel prices across major global markets through the remainder of 2026, with US steel prices expected to remain stronger than those in Europe, China and Brazil. Global steel prices continued to climb across major markets in April and early May, with Brazil emerging as the strongest-performing region, even as China’s…
Gold ETF alone saw inflows worth ₹24,040 crore, which is nearly double of December’s ₹11,647 crore. Meanwhile, silver ETFs recorded a ₹9,463 crore inflow, highlighting the rising interest of investors in exchange-traded products that are not equities. Inflows into gold exchange-traded funds (ETFs) have surpassed the money channelled into equity mutual funds for the first…
Vedanta Ltd is set to divest shares worth up to ₹7,500 crore in Hindustan Zinc Ltd through block deals, with the sale likely priced at a discount of up to 10% from the stock’s last closing value. Hindustan Zinc, once a state-owned enterprise, is now a key subsidiary of Vedanta Ltd and India’s largest…