Daily trending news …
Silver spot rates surged to a new intraday peak of $83.98 per ounce in early trading of monday, marking a potential seventh consecutive gain and extending a remarkable rally fueled by speculative buying and supply shortages. However, prices retreated sharply by up to 8% amid thin holiday trading volumes that amplified volatility. Analysts attribute the ongoing upward pressure to industrial demand
Bank of Japan hiked short-term rates to 0.75% from 0.5% – highest since 1995 – signalling more increases ahead to normalise policy after decades of near-zero rates. Confident in stable 2% inflation backed by wage growth, BOJ ends ultra-loose era amid deflation battle recovery. Unlike Fed and RBI cutting rates, Japan’s move strengthens yen, triggering unwind of popular yen carry trades and potentia
State Bank of India has slashed lending rates following RBI’s 25 bps repo cut, reducing MCLR by 5 bps across tenors (one-year now 8.70%), EBLR benchmark to 7.90% and RLLR to 7.50% effective 15 Dec 2025. This direct pass-through will lower EMIs for millions of home, auto and personal loan borrowers on floating rates, easing monthly outflows and boosting borrowing sentiment amid the ongoing rate-cut
The United States Federal Reserve is holding its two-day Federal Open Market Committee (FOMC) meeting to decide the key benchmark interest rates for the US economy. Much anticipated rate cut may increase the gold and silver rates.
Despite India posting robust 8%+ real GDP growth, SAMCO Group CEO Jimeet Modi warns that sky-high real interest rates of 5.25% – the highest in over a decade – are strangling nominal growth. This is hurting tax revenue, corporate profits and debt sustainability. With inflation near zero, keeping rates elevated risks deflation and stalls investment.
Bharti Telecom, the holding company of Bharti Airtel, plans to raise about $1 billion through a new bond issuance its second such move in two months, according to sources. The company will issue Rs 9,000 crore worth of bonds with 2 and 3 year maturities, carrying coupon rates of 7.25% and 7.35%, similar to the rates from its October offering. The funds will primarily be used to refinance upcoming
