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Gold prices rose in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 9,216.33 Indian Rupees (INR) per gram, up compared with the INR 9,146.91 it cost on Wednesday. The price for Gold increased to INR 107,496.20 per tola from INR 106,687.80 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 9,216.33 10 Grams 92,162.32 Tola 107,496.20 Troy Ounce 286,656.60   Daily Digest Market Movers: Gold price benefits from reviving safe-haven demand, renewed USD selling US President Donald Trump said...

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous session in the green, despite India-Pakistan tensions rising post Operation Sindoor and ahead of the US Fed meet. Nifty 50 closed at 24,414.40, while Sensex ended at 80,746.78. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous session 1,862.95 points away from its record high of 26,277.35.Overnight, Wall Street indices ended higher after the US Fed left interest rates unchanged brushing off US President Donald Trump's demands to lower rates....

“We are seeing a lot more application-layer pitches from founders. Our investments will likely be weighed more heavily there," said Hemant Mohapatra, a partner at global VC firm Lightspeed Venture Partners. “We're very active in the market."  It's a sentiment that's echoed by the largest VC firms in the Indian market including Lightspeed, Accel India and Peak XV Partners (formerly Sequoia Capital India and Southeast Asia).  Lightspeed said its cheque sizes for AI startups would vary, depending on a company's technology. Its investments have ranged from $3.5 million with a...

Asian markets are expected to open cautiously on May 7 as investors await a crucial policy decision from the US Federal Reserve and monitor developments in global trade negotiations. Market sentiment remains fragile amid mixed economic data from China, volatile currency movements, and ongoing geopolitical tensions in South Asia. The region’s equities may see range-bound trading with pockets of volatility as traders balance optimism around easing tariffs with concerns over inflation and interest rate trajectories.On May 6, Asia-Pacific markets ended on a mixed note. Mainland China’s CSI 300 index rose...

(Bloomberg) -- A recent surge in Asian currencies is shifting the outlook for the region’s equities, with money managers and strategists favoring stocks tied to local consumption and expecting a return of global funds. Most Read from Bloomberg Morgan Stanley strategists said they like markets including India and the Philippines, where stocks tend to be more geared toward domestic demand. They favor sectors such as real estate and financials. Aberdeen Investments prefers defensive plays like consumer and healthcare stocks, while Societe Generale SA sees India as a major beneficiary from...

Asian market sentiment was mixed on Monday, with Australian shares retreating, and most major markets closed for public holidays. Investors digested the implications of Prime Minister Anthony Albanese securing a historic second consecutive term—Australia’s first in over two decades—while Indian equities climbed on positive investor sentiment and a strong rally in Adani Group stocks. Meanwhile, oil prices plunged and Asia-Pacific currencies strengthened against a weaker US dollar.Australian markets dip despite Albanese’s re-election Copy link to section Australian equities reversed early gains, with the S&P/ASX 200 falling 0.97% to close at...

Gold prices rose in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 8,824.17 Indian Rupees (INR) per gram, up compared with the INR 8,784.65 it cost on Friday. The price for Gold increased to INR 102,923.40 per tola from INR 102,462.40 per tola on friday. Unit measure Gold Price in INR 1 Gram 8,824.17 10 Grams 88,241.72 Tola 102,923.40 Troy Ounce 274,462.60   Daily Digest Market Movers: Gold price attracts some safe-haven flows amid rising geopolitical tensions In an interview broadcast on Sunday,...

Mumbai: India's foreign exchange reserves rose for the eighth straight week to touch $688.13 billion as of April 25, according to the latest RBI data released on Friday. The foreign exchange kitty surged by $1.98 billion during the week. The foreign currency component of the reserves increased by $2.17 billion to $580.66 billion. The gold reserves component of the forex reserves decreased by $207 million to $84.37 billion while Special Drawing Rights (SDR) went up by $21 million to $18.59 billion. The declining trend in forex reserves of earlier months...

India's forex reserves climbed USD 1.983 billion to USD 688.129 billion in the week ended April 25, marking the eighth consecutive weekly rise. The increase was driven by a jump in foreign currency assets.Mumbai, May 2 (PTI) India's forex reserves increased USD 1.983 billion to USD 688.129 billion during the week ended April 25, the RBI said on Friday.This is the eighth consecutive week of a rise in the kitty, which had jumped 8.31 billion to USD 686.145 in the previous reporting week. The forex reserves had touched an all-time...

Investor sentiment towards most Asian currencies has turned increasingly positive, with market participants ramping up bullish positions as the US dollar continues to grapple with pressure stemming from uncertainty surrounding President Donald Trump’s trade policies, a Reuters poll revealed Thursday.The fortnightly survey, encompassing the views of 10 analysts and fund managers, showed a clear trend towards increased optimism for regional currencies. Respondents significantly increased their long positions – bets that the currency will appreciate against the US dollar – on the Singapore dollar, the Indian rupee, the Thai baht, and...