Markets

Gold and silver prices swing sharply after early-2026 surge

Gold rose above US$5,500/oz and silver above US$120/oz before both fell sharply on Friday to about US$5,068 and US$98.50, respectively.

Federal Reserve holds rates steady

The Federal Reserve left its benchmark interest rate unchanged at about 3.6% at its January 28, 2026 meeting after cutting rates three times in 2025.

Iran’s rial hits a new low against the dollar

Iran’s currency fell to a record 1,500,000 rials per US dollar, according to multiple Iranian currency-tracking websites and exchange-shop rates in Tehran on Tuesday.

Gold hits a new record as safe-haven demand accelerates

Spot gold briefly reached $5,110.50 per ounce, the first time it has crossed $5,100.

Infosys shares jump on higher fiscal 2026 revenue forecast and AI-led deal momentum

Infosys shares rose 5% after the company unexpectedly raised its fiscal 2026 revenue forecast, lifting India’s Nifty IT index.

BP plans up to $5bn writedown as it pivots away from green energy and back to fossil fuels

BP said it expects to write down up to $5bn from its green energy transition businesses as it refocuses on oil and gas while facing weaker oil trading and lower oil prices.

Shriram Finance to sell 20% stake to Japan's MUFG in ₹39,617 crore deal

Shriram Finance will sell a 20% stake to MUFG Bank for ₹39,617 crore, pending approvals, with minority protections and a non-compete fee included.

Ministry of Corporate Affairs orders SFIO probe into IndusInd Bank for accounting discrepancies

The MCA ordered an SFIO probe into IndusInd Bank over ₹1,960 crore accounting discrepancies flagged by auditors between FY2015-16 and FY2023-24.

RBI cuts repo rate to 5.25%; upgrades GDP outlook as liquidity boosts take centre stage

The Reserve Bank of India reduced the repo rate to 5.25% and raised the GDP growth forecast for FY26 to 7.3%.

Stock markets surge after US lawmakers move to end government shutdown

US stocks have risen sharply as lawmakers move to end the longest government shutdown. This development is crucial for investors concerned about economic weakness and AI stock valuations.

Allcargo Logistics completes demerger of global supply chain biz

Allcargo Logistics has successfully demerged its international supply chain business into Allcargo Global Limited, enhancing operational synergy and value creation for shareholders.

What is a bubble? Understanding the financial term.

Wall Street is increasingly concerned that the AI trade may be overheating due to record gains in AI-linked stocks. This matters as it could signal an impending market correction similar to past bubbles.

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