Economy News

98% of Affluent Indians Use AI, But Human Advisers Still Make the Final Investment Call: HSBC

Indian investors lead in AI adoption globally; human judgement not replaced

Indian investors are the world's biggest adopters of AI for finance, with 98% using the technology and 86% applying it to investing, according to an HSBC-Ipsos survey. Despite high AI adoption, investors continue to rely on professional financial advisers for final investment decisions, highlighting the growing preference for a hybrid approach that combines AI-driven insights with human expertise. Jun 25, 2026
Gold Price Today: MCX Gold Opens 0.42% Lower at Rs 1,40,672 per 10 Grams

Gold Price Today: MCX Gold Opens 0.42% Lower at Rs 1,40,672 per 10 Grams

Gold and silver witnessed volatile trading on Thursday, swinging between gains and losses amid expectations of further US Federal Reserve rate hikes, a stronger US dollar and easing geopolitical tensions. While both precious metals recovered from early losses during the session. Jun 25, 2026
Goldman Sachs raises crude oil forecast up to $90 as Hormuz closure tightens supply

Crude Oil: Brent Near $76 as US-Iran Talks Ease Supply Concerns

Global crude oil prices remained near four-month lows as easing tensions in West Asia and progress in US-Iran peace talks reduced fears of supply disruptions. Brent crude traded near $76 per barrel and WTI around $72 per barrel, with both benchmarks down more than 20 per cent over the past month. Jun 25, 2026
Gold slips below ₹1.45 lakh, silver drops nearly 2% on rate hike worries

Gold slips below ₹1.45 lakh, silver drops nearly 2% on rate hike worries

Analysts said gold faces resistance around ₹1.45 lakh-₹1.46 lakh, while silver faces resistance near ₹2.25 lakh-₹2.26 lakh. Experts maintain a cautious near-term outlook, citing persistent selling pressure, while a stronger US dollar index also added to the weakness in bullion prices. Jun 25, 2026
Rupee Strengthens to 95.20 Against Dollar Amid US-Iran Peace Hopes; Panagariya Says 'Don't Panic' Over Rs 100 Mark

Rupee opens 1 paise lower at 94.69 against US dollar

The Indian rupee opened slightly weaker at 94.69 against the US dollar despite support from lower crude oil prices and progress in US-Iran negotiations. Market focus has shifted from oil prices to the US Federal Reserve's policy outlook, with expectations of a September rate hike Jun 23, 2026
Global crude oil prices rally up to 3 pc as US-Iran tensions escalate

Crude oil prices fall up to 3 pc as US-Iran talks ease supply concerns

The fall in crude prices boosted investor sentiment in equity markets and is expected to benefit oil-importing countries by reducing import costs, inflationary pressures, and current account deficits. However, analysts cautioned that geopolitical tensions in West Asia remain uncertain and require close monitoring. Jun 22, 2026
PhonePe's wallet inactivity notifications: What users need to know

PhonePe's wallet inactivity notifications: What users need to know

The company also clarified that Full KYC is not mandatory for wallet reactivation and that cashback rewards are usually credited to a separate Gift Card Balance, not the wallet. Users facing issues with wallet closure are advised to contact customer support. Jun 20, 2026
Reserve Bank Of India

Strong economic fundamentals helped India withstand West Asia crisis: RBI MPC minutes

The central bank projected CPI inflation to rise gradually through the year, while MPC member Ram Singh noted that higher crude oil prices could significantly impact inflation and the current account deficit. However, easing tensions in West Asia and a decline in crude oil prices are expected to support inflation moderation going forward. Jun 19, 2026
NSE

NSE IPO Comes Under Legal Scrutiny As Court Plea Seeks Listing Halt

NSE has disclosed in its IPO draft papers that a petition pending before the Bombay High Court seeks a stay on its proposed IPO and demands greater disclosure of its shareholding structure, including details of promoter groups, shareholders and ultimate beneficial owners. NSE said it believes the petition lacks merit Jun 19, 2026
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