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.
KEC International shares climb 7% on Rs 1,754 crore order win
KEC International shares rose nearly 7% on Tuesday after the infrastructure EPC firm announced fresh orders worth Rs 1,754 crore across its Transmission & Distribution