At all-time highs, is gold overpriced? Not according to Sunil Subramaniam
Sunil Subramaniam of Sundaram Mutual Fund believes gold, despite being at record highs, is “costly but not expensive.” He attributes the rally to global de-dollarisation, central bank buying, and gold’s role as an alternative reserve asset. Emphasizing steady allocation, he recommends holding 10–15% gold in portfolios to navigate market cycles and long-term macro shifts.
Buffett takes the stage at Berkshire Hathaway meeting
Ahead of the meeting, Berkshire reported its first-quarter results that indicated Buffett is still cautious. The company was a net seller of stocks for a 10th straight quarter, as it bought $3.18 billion and sold $4.68 billion.
DMart Q4 results: Standalone PAT jumps 2% YoY, revenue surges 17%
DMart Q4 results: On a sequential basis, the PAT has fallen by 21%, which stood at Rs 784.65 crore for the December quarter of the fiscal year, while the revenue from operations is also down by 7% in the said time period. The revenue from operations stood at Rs 15,565.23 crore for the previous quarter […]
Concurrent Gainers: 4 stocks that gain for 5 days in a row
In the last five trading sessions leading up to May 02, the Sensex rose by 0.88%, adding 701 points to close at 80,501. The index finished higher on three of those five days. During this modest market upswing, four stocks from the BSE 500 consistently posted gains throughout the 5-day period. (Data Source: ACE Equity)
From tariff cuts to MSP rollback: GTRI on likely US demands in India trade deal
The United States aims to reshape India’s trade policies. This is part of a proposed agreement. The US seeks tariff cuts and regulatory changes. These changes could benefit American firms. Key areas of focus include agriculture and dairy. The US wants changes to India’s minimum price support programs. They also want easier access for US […]
Piyush Goyal holds trade talks with EU Commissioner, India-EU reaffirm to conclude FTA by end of 2025
Union Minister Piyush Goyal and EU Commissioner Maros Sefcovic met in Brussels, reaffirming their commitment to finalize the India-EU Free Trade Agreement by the end of 2025. The discussions focused on enhancing market access, strengthening supply chains, and ensuring mutual benefits for sustainable development. Both sides emphasized the importance of a fair agreement to boost […]
In-person discussions likely in May to push India-US trade pact
India and the US are set to begin face-to-face discussions in mid-May regarding their proposed bilateral trade agreement, following virtual talks this week. India aims to finalise the initial phase of the trade pact swiftly, potentially by September-October. Officials are monitoring potential import surges due to global tariff uncertainties, with a dedicated cell established for […]
Vegetable oil import down 16 per cent in March to 9.98 lakh tonne: SEA
India’s vegetable oil imports witnessed a 16% decline in March, totaling 9.98 lakh tonnes, primarily due to a significant drop in crude sunflower oil shipments. During the first five months of the 2024-25 oil marketing year, total vegetable oil imports marginally decreased. Palm oil imports sharply decreased, while soft oil imports jumped during the same […]
BPCL Q3 Results: Cons PAT jumps 20% YoY to Rs 3,806 crore; Rs 5/share interim dividend declared
BPCL Q3 Results: The company’s board also approved an interim dividend of Rs 5 per share. On a sequential basis, the profit after tax surged 66%, compared to Rs 2,297 crore reported in Q2FY25.
Q3 result sets stage for Tata Tech to finish the year well: Warren Harris
Tata Technologies secured four major contracts in Q3 and implemented salary increases, minimizing the 150 basis point impact. Despite a 1.5% decline in automated business, the company showed resilience with a 1.7% growth in constant currency terms. The aerospace sector saw a 39% growth, fueled by investments and partnerships with Airbus.