The Reserve Bank of India has paused its gold purchases in FY26, anticipating a price decline due to easing geopolitical tensions and potential US Federal Reserve rate cuts. Despite a global trend among central banks to increase gold reserves, driven by its safe-haven status and diversification benefits, the RBI seems to be waiting for a more favorable entry point.
Sensex rises over 200 points, Nifty above 24,000; Maruti Suzuki shares jump 3%
Indian stock markets rebounded on Tuesday, with both Sensex and Nifty climbing approximately 0.4% after a dip in the previous session. The Sensex surged over