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market’s recent decline as healthy. Stocks rose in Australia, Japan and South Korea in early Monday trade, with futures in Hong Kong also pointing to a higher open. The gains came after the S&P 500 jumped 2.1% Friday as the government avoided a shutdown, while the tech-heavy Nasdaq 100 advanced 2.1%. The Golden Dragon index rose 2.7% with Chinese authorities set to announce measures to boost consumption on Monday. The dollar was steady.

In Noida’s Sector 18 market, the answer is playing out in real time. Outside a nondescript ‘Cash for Gold’ outlet, Rekha Verma (name changed on request), a middle-aged homemaker from Ghaziabad, clutches a tiny velvet pouch. Inside: a pair of 16-gram, 22-karat earrings. She planned to exchange them for a trendier necklace but, after crunching the numbers, opted to sell instead. “I thought I could swap them, but after all the deductions, cash made more sense,” she laughs. “I’ll buy some jewellery but invest the rest elsewhere.” Rekha isn’t alone. The man behind the counter, quick with his calculator, sees six to seven such customers daily. “People are rethinking gold,” he says. His outlet charges a 3-10% commission, far less than the 4-5% market price cut and 20-25% making charge loss at brand stores.

It’s a temporary, but prolonged, period of economic decline, marked by a slowdown in industrial production, and a fall in consumer spending, sales, and employment. Technically, this fall in economic activity, or negative growth in gross domestic product, should last at least two consecutive quarters, that is, six months, for it to qualify as a recession. Recession is considered an intrinsic part of an economic or business cycle, starting when the economy reaches a peak and ending when it touches a bottom or trough. There are several triggers or causes for a recession and various indicators that can hint at an impending slowdown. <div data-placement=«Mid Article Thumbn

free trade agreement, after it was stalled in 2015 following their failure to narrow differences in sensitive areas including dairy and agriculture. India and New Zealand began negotiating the Comprehensive Economic Cooperation Agreement (CECA) in April 2010 to boost trade in goods, services, and investment but the talks stalled after nine rounds of discussions. The ninth round of negotiation was held in 2013. The two nations announced the launch of negotiations for a comprehensive and mutually beneficial India-New Zealand Free Trade Agreement (FTA) on the eve of the bilateral meeting between the Prime Minister Narendra Modi and Christopher Luxon, Prime Minister of New Zealand. Luxon is here on a four-day visit from March 16.

inflation expectations and easing interest rates. But it's being driven principally by central bank purchases to reduce exposure of reserves to dollar volatility. Investment and institutional demand for gold will remain strong till financial markets stabilise.

Subscribe to enjoy similar stories. URUMQI, China—About a decade ago, some Western companies answered Beijing’s calls to invest in Xinjiang, an underdeveloped region in the country’s remote west. Some were drawn by the natural resources there.

Subscribe to enjoy similar stories. President Trump has launched an unprecedented challenge to a geopolitical order that has prevailed for decades. One potential victim: the U.S.

Gold Exchange Traded Fund (ETF) investors will continue to be the key drivers of gold demand in 2025, as per a report. Geopolitical tensions and economic uncertainties are expected to push gold prices higher, while central banks' actions will play a significant role in shaping the precious metal market, IANS reported. According to the Motilal Oswal Private Wealth report, gold emerged as one of the top-performing asset classes in India in 2024, with a remarkable 21 per cent return year-on-year (YoY). While high prices affected jewellery demand, the investment demand for physical gold, especially bars and coins, remained strong. Motilal Oswal reports that although the demand was subdued in 2024 due to high prices, it was expected to recover gradually in mid-January, driven by wedding season purchases. However, price stability will remain a key factor in this recovery.

India and New Zealand on Sunday announced resumption of negotiations for a proposed free trade agreement to boost economic ties. India and New Zealand began negotiating the Comprehensive Economic Cooperation Agreement (CECA) in April 2010 to boost trade in goods, services, and investment. However, after nine rounds of discussions, the talks stalled in 2015. «The two nations are pleased to announce the launch of negotiations for a comprehensive and mutually beneficial India-New Zealand Free Trade Agreement (FTA) negotiations,» the commerce ministry said. The announcement was made after the meeting of Commerce and Industry Minister Piyush Goyal and Todd McClay, New Zealand's Minister for Trade and Investment. Prime Minister of New Zealand Christopher Luxon is here on a four-day visit from March 16. «The India-New Zealand FTA negotiations aim to achieve balanced outcomes that enhance supply chain integration and improve market access,» it said.

New Zealand Prime Minister Christopher Luxon on Sunday began a five-day visit to India with a focus on deepening the bilateral trade and economic ties. On Monday, Luxon will hold wide-ranging talks with Prime Minister Narendra Modi and will attend the inaugural session of the Raisina Dialogue as the chief guest. Days ahead of the trip, the New Zealand prime minister said he will push for a comprehensive economic partnership with India and explore ways to strengthen bilateral security ties. Luxon is visiting India from March 16 to 20 in his first trip to the country as the prime minister. He is accompanied by one of the largest delegations a New Zealand prime minister has ever travelled with. The visiting leader was received at the Delhi airport by Union Minister SP Singh Baghel. «What I'm looking for is just a much more comprehensive economic partnership and how we'd move that forward, Luxon said last week, adding, „I am determined that we are going to change the trading relationships with India big time.“

Subscribe to enjoy similar stories. A prominent economist once told me that macroeconomic policy debates are all about the prime mover, to which other variables respond. The implication, he explained, is that “You can invert policy prescriptions simply by claiming a different forcing variable." A paper by Stephen Miran, published before he was nominated to chair US President Donald Trump’s Council of Economic Advisers, does precisely this.

Subscribe to enjoy similar stories. Where is a Toyota Camry or iPhone made? There is a label that identifies the country in which the final product assembly takes place, but it says nothing about where the product is actually ‘made.’ It is unable to do so because for goods that have inputs (material or intellectual) that are traded across international borders, the answer is never a single country.

interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday. «Persistent uncertainties surrounding global trade and the fear of a US recession may continue to influence the domestic market's momentum,» Vinod Nair, Head of Research, Geojit Financial Services, said.

Zerodha co-founders Nikhil Kamath and Nithin Kamath recently surprised their mother, Revathi Kamath, with a luxurious new Mercedes, turning the occasion into an unforgettable family moment. Adding a cultural essence to the gift, they presented the car keys in a ceremonious manner, emphasizing deep-rooted traditions. Revathi Kamath took to Facebook to share her overwhelming joy, expressing her gratitude for the thoughtful present. She enthusiastically wrote about the special moment, highlighting the significance of the traditional customs that accompanied it. In the images she posted, her happiness was palpable as she received the keys to her brand-new car, along with a symbolic peta (a traditional headpiece) and shalu (a ceremonial shawl), both of which represent respect and honour in Indian culture. The newly gifted car is believed to be a Mercedes GLS, a high-end full-size SUV renowned for its elegance, cutting-edge features, and supreme comfort. Often dubbed the 'S-Class of SUVs,' this luxury vehicle offers an opulent interior, an advanced infotainment system, and a commanding road presence. With an estimated price tag exceeding Rs 1.5 crore, the car embodies prestige and sophistication, making it a fitting tribute to the Kamath brothers' admiration for their mother.

Nifty IT has entered a bear market amid concerns of a US slowdown, breaking key technical supports, including the widening wedge pattern and the 61.8% Fibonacci retracement level. «Last time when a similar downside happened in Nifty IT in April 2000, we saw 44% fall since the break of Fibonacci golden ratio. Similar breakout favoring downsides are seen in heavyweights like Infosys, Wipro, HCL Tech, LTIMindtree and Tech Mahindra which are expected to trigger more downsides in the index,» said Anand James, Chief Market Strategist, Geojit Financial Services.

A preliminary March survey of consumers showed sentiment sank by more than projected, while long-term inflation expectations jumped as the Trump administration pushes forward with higher duties on foreign goods just as price pressures showed signs of easing. Meanwhile, the UK economy shrank unexpectedly at the start of the year on weaker manufacturing and construction. In China, the economy remains hamstrung by persistent deflation.

Jalgaon continues to attract buyers from across Maharashtra, Gujarat, and MP due to its reputation for ensuring gold purity and exceptional craftsmanship.

The attacks comes less than 24 hours after Russian President Vladimir Putin met with U.S. envoy Steve Witkoff to discuss details of the American proposal for a 30-day ceasefire in the war with Ukraine. Putin told a press conference on Thursday that he supported a truce in principle but set out a host of details that need to be clarified before it is agreed. Kyiv has already endorsed the truce proposal, although Ukrainian officials have publicly raised doubts as to whether Moscow will commit to such a deal. Speaking to reporters in Kyiv on Saturday, after virtual talks between Western allies hosted by U.K. Prime Minister Keir Starmer, Zelenskyy voiced Ukraine's support for the 30-day full ceasefire proposal to discuss a longer-term peace plan, but said Russia would attempt to derail talks with conditions and «buts». Starmer has told allies to «keep the pressure» on Putin to back a ceasefire in Ukraine, hailing Ukraine as the «party of peace.» Starmer said Putin will «sooner or later» have to «come to the table.

Reserve Bank of India said Saturday that the financial position of IndusInd Bank «remains satisfactory», reassuring depositors of the safety of their money after the lender last week reported discrepancies in its derivatives portfolio and warned of a one-time hit on its net worth. The bank is «well-capitalised», while its financial health «remains stable» and is being closely monitored, the RBI said in a press release, and urged depositors not to be swayed by «speculative reports at this juncture». Based on public disclosures, the bank has already engaged an external audit team to review its systems and assess the actual impact of any issues, the central bank said. It directed the lender's board and management to complete the remedial actions by the end of this month after making required disclosures to all stakeholders. According to the bank's auditor-reviewed financial results for the quarter ending December 31, 2024, IndusInd Bank has maintained a solid capital adequacy ratio of 16.46% and provision coverage ratio of 70.20%, compared with the RBI-mandated 9% and 70%, respectively. Its liquidity coverage ratio was 113% as on March 9, exceeding the regulatory requirement of 100%. The reassurance comes amid growing concerns about the bank's lapses in derivatives accounting which it discovered in September-October but disclosed only on Monday.

consumer sentiment index nosedived to 57.9 in March, marking a 10.5% drop from February and falling short of economists’ forecasts. This reading—the lowest since November 2022—reflects growing anxiety over inflation and market volatility, exacerbated by President Trump’s aggressive tariff policies. The one-year inflation outlook surged to 4.9%, the highest in 16 months, while the five-year expectation hit 3.9%, a level unseen since 1993.

Claudia Sheinbaum, Mexico’s first female president, has unexpectedly caught the attention of U.S. President Donald Trump. Despite initial skepticism, Trump recently called her “tough” and praised her leadership, particularly on migration and fentanyl trafficking. But what exactly did Sheinbaum do to earn this recognition?