Business

New Delhi: Precious metals are witnessing extreme volatility, swinging sharply within a single day. Gold is currently down nearly 23% from its all-time high, while silver has fallen roughly 40% from its peak. The sudden swings have left investors wondering: is this the right moment to invest, or should one wait for further declines? Recent Price Movements On the MCX, April gold futures surged over 2% to ₹1,55,374 per 10 grams, recovering from recent losses due to short-covering amid global uncertainty. March silver futures rose nearly 3% to ₹2,50,300 per kilogram. Internationally, spot gold jumped 3.9% to $4,954.92 per ounce, reclaiming losses from earlier sessions, while spot silver soared 8.6% to $77.33 per ounce after dipping below $65 earlier in the day. Despite these intraday...

New Delhi / Moscow: Russia is grappling with a severe labor crisis, one of the most alarming in decades, prompting the country to seek workers from highly populated nations beyond Central Asia. India has emerged as a key partner in addressing this shortage, leading to a significant increase in work permits for Indian nationals. Russia is also recruiting workers from Sri Lanka and China to fill the gap. Decades-Long Demographic and War Pressures The shortage stems from Russia’s demographic decline and the economic disruptions caused by the Ukraine war. Analysts estimate that the Russian economy will need an additional 11 million workers by the end of the decade. During President Vladimir Putin’s visit to New Delhi, agreements were signed to simplify temporary labor migration, paving t...

New Delhi: In a major relief for India, former US President Donald Trump has rolled back the additional 25% punitive tariff imposed on Indian goods over the issue of Russian oil imports. The decision has been announced through an Executive Order issued under an interim trade understanding between the two countries. However, experts caution that this rollback is not unconditional and could quickly turn into a pressure mechanism against India. Rollback Comes With Strict Monitoring Clause Geo-strategist Brahma Chellaney has warned that the real impact of Trump’s Executive Order lies not in the relief itself, but in the strict surveillance framework attached to it. In a post on social media platform X, Chellaney said the order formally authorises the US Commerce Secretary to closely m...

New Delhi: The prices of precious and industrial metals have witnessed extreme volatility over the past eight days, leaving investors and traders shocked. Gold, silver and copper, which were at record highs on January 29, have now corrected sharply on the Multi Commodity Exchange (MCX). In a dramatic turnaround, silver has fallen by over 45%, gold has dropped by more than 22%, and copper has slipped nearly 16–18%, raising serious concerns among market participants. With constant fluctuations in prices, people are now asking the same questions everywhere—how long will this decline continue, is this the right time to buy, should existing holdings be sold, or should investors shift toward copper? Metals Were at Peak on January 29 On January 29, 2026, all three metals were trading ...

New Delhi: India and the United States have taken a major step toward strengthening their economic partnership by finalizing an interim trade framework agreement. The deal, aimed at reducing tariffs, improving supply chain security, and boosting bilateral cooperation, was officially signed by US President Donald Trump. This interim framework is being seen as a key milestone toward the proposed US–India Bilateral Trade Agreement (BTA), negotiations for which began in February 2025. Officials believe the agreement will bring balance to trade relations while ensuring safer and more reliable global supply chains. India to Reduce Tariffs on Several US Goods As part of the agreement, India has committed to cutting or eliminating tariffs on a wide range of American products, especially i...

New Delhi: As people grow older, their healthcare needs become more frequent, complex, and expensive. For senior citizens, medical issues such as heart disease, diabetes, kidney problems, and sudden emergencies can arise at any time. This is why experts advise families to choose a comprehensive health insurance plan for elderly parents instead of relying only on basic hospitalization coverage. Insurance specialists say that gifting a well-designed health insurance policy to senior loved ones is one of the most meaningful ways to ensure their safety and financial security. According to Amarnath Saxena, Chief Technical Officer (Commercial), Bajaj General Insurance Limited (formerly Bajaj Allianz General Insurance Company Limited), a senior citizen health policy should include several e...

New Delhi: The long-awaited India-US trade deal has now received its final approval, with US President Donald Trump officially signing the interim agreement. A joint statement issued by the White House confirmed that both nations have agreed on the framework of an interim trade arrangement, marking a major milestone in bilateral economic relations. Welcoming the development, Union Commerce and Industry Minister Piyush Goyal on Saturday praised the agreement, stating that it will open the doors of a massive $30 trillion market for Indian exporters. He emphasized that the deal will be especially beneficial for MSMEs (Micro, Small and Medium Enterprises), farmers, and fishermen, while also generating significant employment opportunities. Millions of Jobs Expected, Focus on Youth and Wom...

New Delhi: India has produced countless inspiring women who dared to dream big and turned those dreams into remarkable success stories. One such powerful name is Leena Nair, a globally respected Indian-British business leader who has achieved what very few can even imagine — becoming the Global Chief Executive Officer (CEO) of Chanel, one of the world’s most prestigious luxury fashion brands. Her journey from a small city in Maharashtra to leading a global luxury empire is a story of vision, determination, hard work, and courage. Leena Nair’s rise is not just a personal achievement but also a symbol of India’s growing presence in global leadership. A Global Indian Leader Leena Nair has been serving as Chanel’s Global CEO since December 2021. She made history by becoming the first ...

Mumbai: A sharp rise in gold prices has delivered a major boost to India’s foreign exchange reserves, pushing the country’s forex stockpile to a new all-time high, even as foreign currency assets (FCA) registered a decline during the week. According to the latest data released by the Reserve Bank of India (RBI) on Friday, India’s total foreign exchange reserves surged by a record $14.361 billion during the week ended January 30, 2026. This follows another strong rise of $8.053 billion in the previous week. With this sharp jump, India’s forex reserves climbed to $723.774 billion, surpassing the earlier record of $709.413 billion recorded during the week ended January 23, 2026. Forex Reserves Break Previous Record The RBI data confirms that the country’s foreign exchange reserves...

New Delhi: After months of anticipation, India has finally received a major boost on the global trade front. The long-awaited India-US trade deal has been officially announced by US President Donald Trump, triggering a positive reaction in Indian financial markets. Many experts believe this agreement could even surpass the recently signed India-European Union “mega deal” in terms of impact and strategic importance. Under the agreement, reciprocal tariffs have reportedly been reduced to 18%, offering India immediate relief from uncertainty and trade pressure that had been building for months. However, economists caution that while the deal is a strong step forward, it is not a magic solution for every economic issue India faces. What Problems the Deal Will Solve The India-US tra...