Domestic gold prices rise to record highs on Fed pivot, US banking sector woes

May 6, 2023

The government-led deal fueled optimism that the worst of the banking sector turmoil might be over, prompting a recovery in risky assets. The dollar index topped 102 levels after the ISM Manufacturing PMI in the US rose to 47.1 in April 2023, along with signs of elevated price pressures, as input costs rebounded in April.

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Govt prioritising lower denomination notes and digital transactions: Sitharaman

Union Finance Minister Nirmala Sitharaman emphasized the government’s focus on promoting lower denomination currency and increasing digital transaction awareness. With the Rs 2000 note nearly

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FIIs remain net buyers in May, infuse Rs 18,082 crore into Indian equities

Foreign Institutional Investors (FIIs) have shown renewed confidence in Indian equities, becoming net buyers for the second consecutive month. May saw a net inflow of

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