✅ Per Gram Prices: City 24 Carat (Pure Gold) 22 Carat 18 Carat Chennai ₹10,108 ₹9,265 ₹7,625 Mumbai ₹10,037 ₹9,200 ₹7,528 Delhi ₹10,052 ₹9,215 ₹7,540 Kolkata ₹10,037 (approx) ₹9,200 ₹7,528 Bangalore ₹10,037 ₹9,200 ₹7,528 📊 Price Trend 📌 Quick Notes
Government data for May shows India’s merchandise trade deficit narrowed to USD 21.88 billion from USD 26.42 billion in April, significantly below economists’ forecast of USD 25 billion. The improvement stems from both slower import growth, notably in oil and gold, and seasonal uptick in exports—the former stood at USD 60.6 billion, with exports at USD 38.7 billion. On the services front, India posted a
Indian benchmark indices surged on strong buying across IT, financials, and real estate, overcoming geopolitical concerns stemming from rising Middle East tensions. The Sensex climbed ~678 points (0.84%) to 81,796, while the Nifty closed near the 24,950 mark—driven mainly by IT (+1.6%) and banking sector gains—lifting all major sectors. Analysts point to five key catalysts: dovish
In the wake of the RBI’s rate cut, the State Bank of India (SBI) has reduced its base lending rate by up to 50 basis points across product segments. This adjustment brings significant relief for borrowers, especially those with home and education loans, by lowering monthly repayment costs and encouraging increased borrowing and spending. Simultaneously, SBI
The Reserve Bank of India (RBI) has initiated consultations with major treasury participants to explore narrowing the gap between the overnight call money rate (currently around 5.30%) and its policy repo rate at 5.50%. The persistent divergence since April has raised concerns about the effectiveness of monetary transmission, prompting the central bank to potentially introduce
Tata Motors witnessed a sharp decline in its stock price on June 14, 2025, with shares falling over 6% in early trade. The fall comes after the company’s luxury vehicle arm, Jaguar Land Rover (JLR), trimmed its margin guidance for the upcoming financial year (FY26), citing near-term headwinds in demand and rising operational costs. 🔻
India’s economy continues to showcase resilience and robust growth, even in the face of mounting global headwinds, according to a recent report released by CareEdge Ratings. The report highlights India’s ability to sustain its momentum through strong domestic demand, fiscal discipline, and macroeconomic stability. 📊 Key Highlights from the CareEdge Report 🌍 Global Headwinds in
Gold prices in India have shown a moderate upward trend on June 13, 2025, as global demand for safe-haven assets rises amid persistent geopolitical tensions and inflationary pressures. Investors and buyers across the country are closely tracking daily price movements to make informed decisions. Below are the latest gold rates in major Indian cities for
Indian equities responded positively to the RBI’s aggressive easing, with the Sensex rising over 100 points and the Nifty crossing 25,100, fueled by optimism from easing US-China-India trade dynamics . Auto stocks led the charge, supported by softening oil prices and renewed investor interest. While financials lagged slightly as profit-booking set in, broader sectors maintained
Following its historic rate cut, the RBI has launched high-level discussions with non-bank financial companies (NBFCs) to assess why rate reductions aren’t fully reflected in lending rates. Since May, the central bank has consulted NBFCs on structural and operational hurdles, aiming to improve policy transmission so consumers and small businesses can benefit from the lower
