Gold could cross $6,000 next year as debt, global risks fuel rally: Saxo Bank

Saxo Bank’s Ole Hansen sees gold rebounding in a broader bull cycle, potentially topping $6000 next year amid debt, inflation, growth risks and geopolitical tensions

Saxo Bank’s Ole Hansen sees gold rebounding in a broader bull cycle, potentially topping $6000 next year amid debt, inflation, growth risks and geopolitical tensions

SEBI issues circular on lock in of pledged shares, allows non transferable tagging, directs exchanges and depositories to update systems, aims to protect investors and ease business

Bharat Forge’s board has approved the financing agreement of up to €30 million to facilitate the proposed restructuring.

Iman Nasseri, Managing Director – Middle East Research, FGE NexantECA, said crude markets remain sensitive to geopolitical developments, with current price movements reflecting only partial easing of risk.

BEML signs MoU with DMRC to jointly bid for rail and metro projects in India and abroad, leveraging manufacturing and execution strengths to expand in urban mobility markets.

Capri Global Capital launches Tranche I NCD public issue up to 500 crore, coupon up to 9.50 percent, tenors 24 to 120 months, listing proposed on BSE, funds mainly for lending

Markets ended lower, snapping a five-day gaining streak, with Nifty slipping below 23,800 as banking stocks dragged, even as midcaps outperformed in an otherwise weak broader market.

This is the first instance in nearly three years that the company will be considering a buyback of equity shares. The last instance of Wipro doing so was back in June 2023.

Dilip Buildcon wins ₹268 crore EPC contract for Ged barrage in Gujarat with RBL JV, 24 month execution plus 10 year O and M, shares up 1.28% despite six month fall.

Russia offers steeply discounted sanctioned LNG via intermediaries to energy starved South Asian buyers as Qatar exports halt, but India remains wary of US retaliation