Hindalco shares fell 2.3 per cent to hit a low of Rs 943.45 apiece on BSE. The aluminium and copper major, and a subsidiary of the Aditya Birla Group, is scheduled to report its December quarter results later in the day.
KARACHI – Foreign currency exchange rates show mixed movement in local market on Wednesday, with major global currencies trading at higher levels against PKR. US Dollar was quoted at Rs280.45 for buying and Rs282.30 for selling. Euro traded at Rs333.96 on buying side and Rs337.24 on the selling side, while UK Pound stood at Rs383.2 [...]The post Currency Rates in Pakistan – Open Market Forex Exchange – 12 February 2026 appeared first on Daily Pakistan English News.
Although inflation remains well below RBI’s 4% target, the new figures could prompt it to hold off on any further rate cuts and push up bond yields further
Foreign institutional investors are cautiously returning to Indian stocks after a significant exodus, driven by a strengthening rupee and an interim trade deal with the US. However, a sustained comeback hinges on improving corporate earnings, which have remained a concern, posing a key risk to continued foreign inflows.
BitcoinWorldGold Price Plummets: Strong US Jobs Data Crushes March Fed Rate Cut HopesNEW YORK, February 7, 2025 – The price of gold experienced a sharp and significant reversal today, abruptly ending its recent rally. The precious metal retreated decisively from a two-week high after the United States Bureau of Labor Statistics released a surprisingly robust Non-Farm Payrolls (NFP) report. Consequently, this strong employment data has dramatically tempered [...]This post Gold Price Plummets: Strong US Jobs Data Crushes March Fed Rate Cut Hopes first appeared on BitcoinWorld.
Sam Bankman-Fried, who is currently serving a 25-year sentence for the FTX scam, alleged on Wednesday that the Justice Department under Joe Biden threatened key defense witnesses, preventing them from testifying that the exchange was solvent.SBF Wants New TrialBankman-Fried, popularly known as...
Stock Market Today: All You Need To Know Going Into Trade On Feb. 12 NDTV ProfitNIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on February 12 UpstoxStock market today: Nifty50 nears 26,000 mark; BSE Sensex opens over 100 points up Times of IndiaFirst Tick: Top global cues to watch in today’s trade MoneycontrolSensex rises over 200 points, Nifty above 26,000 in early trade amid mixed global cues Telegraph India
“The latest US jobs data, indicating an addition of 1,30,000 jobs last month and unemployment falling to 4.3% points to the possibility of no rate cuts by the Fed in the near-term,” said VK Vijayakumar.
Following a historic start to 2026 that saw gold prices climb to ₹1,60,540 per 10 grams, Muthoot Finance is providing a roadmap for consumers to navigate this new landscape. This 18% surge in value has prompted the gold loan leader to issue a market advisory, ensuring that borrowers are equipped to leverage their appreciating assets effectively. The advisory clarifies how these record prices directly enhance the borrowing capacity of Indian households. With global forecasts from institutions like Goldman Sachs projecting gold to reach $5,400 an ounce by year-end, Muthoot Finance is seeing a fundamental shift in how gold assets are utilized for liquidity. Increased Collateral Value and Liquidity The primary impact of the 2026 price rally is the significant increase in the Loan-to-Value (LTV) output. Since the RBI caps gold loan LTV at 75%, the rise in market price ensures that the same quantity of jewellery now secures a substantially higher capital amount. ''The current market dynamics have transitioned gold from a passive reserve into an active financial engine,'' said George Alexander Muthoot, Managing Director, Muthoot Finance. ''We are advising borrowers to use this window of high valuation for strategic purposes, such as debt consolidation or business expansion. Our goal is to ensure that the appraisal process remains transparent so that customers can maximize the value of their assets during this historic rally.'' Key Strategic Advantages: Enhanced Borrowing Power: The absolute loan amount available per gram of gold has reached an all-time high. Capital savings: The growth in asset equity allows many to move into more economical interest brackets. Muthoot Finance notes that as collateral value increases, customers often qualify for improved credit terms, lowering their long-term cost of borrowing. Secure valuation: In a high-price market, the company highlights the necessity of using RBI-regulated lenders. This partnership ensures bank-grade security and guarantees that ornaments are appraised at real-time market peaks rather than arbitrary 'spot' prices. About Muthoot Finance: Muthoot Finance is India's largest gold loan NBFC, dedicated to providing seamless credit access to millions of customers. With a vast national branch network, the company offers gold loans, foreign exchange, and wealth management services Media contact: mails@muthootgroup.com Logo: https://mma.prnewswire.com/media/2902773/Muthoot_Finance_Logo.jpg
Blazpay ($BLAZ) is rapidly gaining attention in the evolving Web3 landscape as its latest crypto presale 2026 phase introduces advanced AI-powered utilities and interactive DeFi features. Positioned among the most promising AI crypto presale opportunities, the platform is redefining how