COMEX gold and silver rates dropped sharply on Friday, breaking key supports due to easing US-Iran tensions and a stronger US Dollar. MCX prices also saw significant declines from recent record highs.
Amazon announces closure of its Amazon Fresh supermarket chain, affecting thousands of employees. The company offers severance packages and internal transfer options to affected workers.
The Southern Gujarat Chamber of Commerce and Industry inaugurates the three-day Energy Power Electrical Expo 2026 in Surat, featuring 60 exhibitors and focusing on green energy, smart infrastructure, and Atmanirbhar Bharat vision.
Murugappa Group's Tube Investments of India plans additional Rs 500-750 crore investment in TI Clean Mobility to scale EV operations, target break-even despite current losses. Focus on cost competitiveness, distribution expansion, and product development.
Treasury Secretary Scott Bessent says suing Fed nominee Kevin Warsh over rates is 'up to the president,' raising alarms about central bank independence amid DOJ probe into Chair Jerome Powell.
COMEX gold and silver rates tumbled sharply as easing US-Iran tensions fueled US Dollar strength, eroding safe-haven demand. Gold broke below $4,750 support, silver fell over 10%.
Indian benchmark indices Sensex and Nifty 50 are expected to open lower on Friday, tracking global market weakness and US tech selloff. The RBI's monetary policy announcement is due later today, with rates likely unchanged.
RBI Governor Sanjay Malhotra will announce the monetary policy decision, including repo rate outlook and liquidity measures, on February 6, 2026, at 10 AM.
Indian and Australian aviation companies announce a strategic collaboration to develop and manufacture amphibious aircraft, enhancing regional connectivity and defense capabilities.
The governments of Punjab and Alberta held discussions to explore economic cooperation, focusing on trade, investment, and collaboration in key sectors like agriculture and technology.
A CSA study warns Telangana's farm economy could collapse with ₹2.85 lakh crore losses by 2047 due to climate shocks and resource depletion. A regenerative agriculture plan offers a 2.15x ROI alternative.
Newly released DOJ emails show Jeffrey Epstein coordinated a legal vehicle in 2014 for billionaires Ronald Lauder and Leon Black to share ownership of a $25 million painting, revealing deeper connections to wealth and power.
The US dollar has lost 10% of its value since January 2025, driven by narrowing interest-rate gaps, erratic policymaking, and investor panic. Despite America's economic growth, the currency's volatility signals a risky shift for global assets.
Odisha Chief Minister Mohan Charan Majhi announced the India-US trade agreement will significantly enhance the state's handloom, marine, and mining sectors, creating new export markets and employment opportunities.
Employees of Haryana power utilities staged a protest in Panchkula, opposing the online transfer policy and alleging arbitrary management decisions, citing safety and operational concerns.
Cholamandalam Investment and Finance Company expects its gold loan portfolio to exceed Rs 1,000 crore by March 2026. The NBFC has disbursed Rs 1,339 crore in gold loans since entering the segment in May last year.
The Union Budget 2026 introduces a retrospective capital gains tax on sovereign gold bonds, drawing criticism for harming investor confidence and policy stability in India.
The Adani Mangal Seva program, backed by the Adani Group, has granted Rs 10 lakh fixed deposits to 500 women with disabilities, ensuring monthly income and long-term financial stability.
US-based Dexian has launched a new Global Capability Centre in Chennai, focusing on AI, cybersecurity, and digital engineering. The company plans 50% headcount growth in India over 12-18 months.
Finance Minister Nirmala Sitharaman anticipates increased capital inflows following the Prime Minister's call with the US President. She defends growth estimates as realistic, highlights government's strong implementation record, and addresses private sec
Nissan is set to launch the Gravite MPV on February 17, a seven-seater based on the Renault Triber, targeting value-conscious families. This marks a strategic push in India's high-volume segment.
Redington reports 16% YoY revenue growth to Rs 30,959 crore in Q3 FY26, driven by cloud adoption and premium device demand. Net profit rises 9% to Rs 436 crore, with software solutions surging 40%.
The Reserve Bank of India's Monetary Policy Committee concludes its last bi-monthly meeting for FY26. Governor Sanjay Malhotra will announce the repo rate decision at 10:00 AM today, with expectations of an unchanged rate at 5.25%.
While India's SaaS sector underperformed expectations, AI startups are now targeting the $283 billion IT services industry with automation solutions. Venture capital firms are backing entrepreneurs who can boost margins through AI-driven disruption.
Indian mutual funds are in early talks with exchanges to expand commodity ETFs beyond gold and silver, focusing on copper. However, regulatory limits, physical storage issues, and lack of standardization present significant feasibility challenges.
Motilal Oswal Group is investing heavily in owned office towers despite the co-working boom, planning 10 towers by 2028. The strategy focuses on talent, towers, and technology.
Anand Rathi Wealth's Feroze Azeez explains how the US tariff rollback affects Indian markets, FII inflows, and long-term investment opportunities across sectors.
Market expert Raja Venkatraman of NeoTrader shares his three exclusive stock recommendations for February 6, including Jindal Steel, Indian Bank, and DMART, with detailed analysis and technical targets.
Microlender Aye Finance launches IPO at ₹122-129 per share, valuing firm at ₹3,200 crore. Several NBFCs postpone offerings amid sectoral challenges and rising bad loans.
India plans to significantly increase imports of coking coal from the United States as part of a new bilateral trade agreement, aiming to diversify sources and support domestic steel industry expansion.