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Gold and Silver Prices Today, 6 May 2025: Gold prices surged to a two-week high on Tuesday, 6 May 2025, as investors turned to the safe-haven asset amid growing concerns over fresh tariff announcements by U.S. President Donald Trump and ahead of the Federal Reserve’s key policy decision. On the Multi Commodity Exchange (MCX), gold June futures…
Shares of Indian Hotels Company Ltd (IHCL) will be in the spotlight on Tuesday, May 6, after the Tata Group hospitality major posted strong Q4FY25 results post-market hours on Monday. The company reported a net profit of Rs 522 crore, up 25 per cent year-on-year, supported by robust growth in operations across its luxury, catering,…
Indian equities in Tuesday’s session (May 6, 2025) opened higher as falling crude prices and sustained FII buying boosted sentiment on the D-Street. At the opening bell, the BSE Sensex was higher by 123.45 points, or 0.15 per cent, at 80,920, and the Nifty50 was at 24,459.45, lower by 1.70 points, or 0.01 per cent. Key…
In a renewed effort to advance its mass deportation agenda, US President Donald Trump’s administration on Monday unveiled a new initiative that pays undocumented immigrants $1,000 to voluntarily leave the United States and return to their home countries. The Department of Homeland Security (DHS) also announced that it will cover travel expenses for those participating….
Asia-Pacific markets traded mostly with gains as investors assessed developments on the trade front between the US and other countries in the region. At around 8:11 am, the key MSCI Asia ex Japan index traded higher by 0.15 per cent. As part of its negotiations with the US, India has reportedly proposed zero tariffs on steel, auto…
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,300-24,400 levels and a strong buy zone at 24,125-24,250 levels on Tuesday, May 6. For the Nifty Bank, Singhvi expects support at 54,575-54,725 levels and a stronger support zone at 54,175-54,400 levels. Read on to learn about the market wizard’s views for the…
GIFT Nifty futures rose 31.5 points to 24,592.50 in early trade on Tuesday, suggesting a positive start for benchmark indices amid strong FII inflows, trade optimism, and a sharp rally in the rupee. The mood across Dalal Street remains upbeat following Monday’s close in the green, aided by solid US jobs data and improving sentiment…
PAN Card Loan: Issued by the Income Tax Department of India, a PAN card is now not just an identity document but an important evidence of financial credibility. The Permanent Account Number (PAN) is a 10-digit alphanumeric code that helps track financial transactions and prevent tax evasion. Since the PAN cards are now linked to most…
Global ratings agency Moody’s on Monday said it sees India’s macroeconomic conditions as remaining stable even if tensions with Pakistan rise after the horrific terror attack at Pahalgam in which 26 civilians were shot dead. However, sustained escalation in tensions with India would likely hit Pakistan’s economy and hamper the government’s ongoing fiscal consolidation goals,…
Amid growing tensions between nuclear powers India and Pakistan in the wake of the April 22 terror attack in Pahalgam, Jammu and Kashmir, UN Secretary-General Antonio Guterres said on Monday that it “pains me to see relations reaching a boiling point”. Expressing concern over the situation between the two sides, he said that India-Pakistan tensions…
