Gold nears $4,300, silver jumps 3.5% as dollar weakens: Kotak Securities
Precious metals gain as softer crude and a weaker dollar offset geopolitical risks, while markets await US jobs data for clues on the Fed’s next move.
Precious metals gain as softer crude and a weaker dollar offset geopolitical risks, while markets await US jobs data for clues on the Fed’s next move.
Driven by higher government spending, rising indigenisation, private sector participation and robust defence exports, India's defence industry is projected to grow from Rs 1.78 lakh crore in FY26 to Rs 3 lakh crore by FY29.
Of the nearly 600 projects, about 330, or 60 per cent, have received the go-ahead from the technical committee and are now awaiting clearance from the high-level committee.
Indian equities have lagged global peers in the near term and it remains one of the attractive long-term equity stories globally.
RBI retains repo rate at 5.25% and keeps its neutral stance, while raising FY27 GDP growth forecast to 6.7% and lowering inflation projection to 5%.
India's leading residential markets have delivered a rare combination of strong capital appreciation and improving rental yields since 2019, with Noida, Gurugram, Bengaluru and Hyderabad emerging as the biggest winners.
Projects across Ghaziabad, Gautam Buddha Nagar, Lucknow, Gorakhpur and Moradabad will attract Rs 1,412.55 crore in investment, create 1,632 residential and commercial units, and generate employment.
India's proposed data centre pipeline could generate demand for nearly 195 million sq ft of residential space by 2030, driven by over 4.33 lakh ecosystem jobs and infrastructure-led urban expansion.