Donald Trump issued a harsh warning to Iran, promising serious reprisal if American ships are attacked, further escalating tensions in the continuing US-Iran crisis. The declaration has sparked new worries about the stability of the already precarious ceasefire between Tehran and Washington, which has only lasted a few weeks. After fresh gunfire in the Middle … Read more

The introduction of Electronic Gold Receipts (EGRs) by the National Stock Exchange of India (NSE) is a significant step in the modernization and formalization of India’s traditional gold market. Through a safe, open, and technologically advanced system, this project seeks to close the gap between actual gold ownership and financial market trade. EGRs are dematerialized … Read more

On May 5, commodity markets began trading on a mixed note as investors monitored demand patterns, currency fluctuations, and global macro signals. Growing geopolitical tensions in the Middle East, especially around the Strait of Hormuz, have kept demand for safe havens high and continue to affect commodities prices worldwide. Gold prices remained stable as investors … Read more

One of the biggest international transactions by an Indian business is the $12 billion all-cash acquisition of Organon & Co. announced by Sun Pharmaceutical Industries. This initiative, spearheaded by billionaire Dilip Shanghvi, represents a significant change away from generic medications and toward high-margin specialty treatments, bringing Sun Pharma closer to big pharmaceutical companies worldwide. The … Read more

As geopolitical tensions between the United States and Iran unnerved international markets, Bitcoin fell precipitously to almost $79,000 after momentarily surpassing $80,000. The drop came after Iran’s Fars news agency reported missile strikes on an American patrol ship close to Jask Island. The first news caused oil prices to rise and risk assets to decline, … Read more