Does the gold rally have more steam left?

April 9, 2024

Gold rally defies norms amid US debt rise and stable Debt to GDP. Global geopolitics and de-dollarisation fuel surge. Central banks favor gold, affecting Fed. US interest expense rises, impacting treasury issuances and long gold positions.

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Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion

Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and

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