The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth. RBI Governor Sanjay Malho

Gold and silver prices fell sharply on Friday as markets reacted to growing expectations that Kevin Warsh will be nominated as the next chair of the Federal Reserve, a development that appeared to ease concerns about the central bank’s long-term independence. The sell-off marked a sudden reversal for precious metals, which have enjoyed a powerful rally over the past year amid global uncertainty and a weaker U.S. dollar. By early afternoon in U.S. trading, silver prices had dropped

US President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Thursday following the central bank’s decision to leave interest rates unchanged, accusing him of delaying necessary rate cuts and undermining the nation’s economic strength, national security and global competitiveness. The comments came shortly after the Federal Open Market Committee announced it would maintain its benchmark interest rate, a move that aligned with market expectations but drew strong poli

The U.S. dollar has continued its recent decline, extending a trend that presents both opportunities and challenges for the American economy. President Donald Trump described the currency as “doing great,” reflecting his view that a moderately weaker dollar can provide strategic benefits in international trade. Despite this optimism, economists warn that the weakening greenback represents a “double-edged sword,” offering advantages to exporters while introducing risks related to inflatio

Gold prices surged to a fresh all-time high on Monday, crossing the $5,100 per ounce mark as investors increasingly turned to the precious metal for safety amid escalating geopolitical tensions and growing concerns over global fiscal stability. The rally extended gold’s record-breaking run, reinforcing its role as a preferred hedge during periods of uncertainty in financial markets. Spot gold climbed as much as 2.4 percent to trade near $5,102 per ounce, equivalent to approximatel

Gold and silver prices have surged to record highs as investors rush back to precious metals, turning them into one of the strongest signals of global economic anxiety. A year that began cautiously is ending with aggressive buying, driven by inflation concerns, interest rate expectations, geopolitical tensions, and fears emerging from global bond markets. On Tuesday, gold prices climbed sharply, with spot gold rising to fresh all-time highs and futures also posting strong gains. Sil

Japan’s central bank on Thursday began its final policy meeting of the year, with markets widely expecting a further increase in benchmark interest rates as officials continue the gradual shift away from years of ultra-loose monetary policy. The decision, scheduled to be announced on Friday, could mark the highest borrowing costs Japan has seen in three decades, underscoring the Bank of Japan’s determination to normalize policy amid persistent inflation pressures. Market pricing

India’s economy recorded a faster pace of expansion in the July–September quarter, with official data showing that gross domestic product rose 8.2% year-on-year. The acceleration reflects a combination of stronger consumer demand, a revival in manufacturing activity, and accelerated production schedules ahead of India’s major festive season. Economists had widely expected the quarter to deliver robust growth, but the latest figure surpassed the projected 7.3% expansion for the period, e

A growing number of Texas families are finding it increasingly difficult to put food on the table as financial pressures continue to mount. Rising grocery prices, inflation, employment disruptions and reported delays in SNAP benefits have created an environment where many households are struggling to cover even basic needs. Nonprofits across North Texas have been working to bridge the gap, relying heavily on community support to meet the surge in demand for food assistance. Among th

The United States has officially ended production of the one-cent coin, closing the chapter on more than two centuries of penny circulation. The decision marks the first time since 1793 that the US Mint will no longer manufacture the nation’s lowest-value currency, and it comes after years of financial losses tied to the cost of producing each coin. The final penny was struck on November 12 at the Philadelphia Mint by US Treasurer Brandon Beach, symbolically concluding 232 years of continuo

The longest government shutdown in United States history has finally come to an end, but the deep wounds it has inflicted across the economy and federal systems will not heal anytime soon. Though President Donald Trump signed a funding bill to reopen the government after a record 43 days, the aftershocks continue to ripple through essential sectors. With another possible shutdown looming on January 30, the reprieve may be only temporary, leaving the nation bracing for renewed political and econo

The cryptocurrency market witnessed another downturn over the past 24 hours, mirroring the broader risk-averse sentiment in global markets. The overall market capitalization fell by 1.06%, led by weakness in major tokens as investors reassessed their exposure amid rising U.S. inflation expectations, ETF outflows, and growing uncertainty in digital asset trading. Bitcoin, the largest cryptocurrency by market value, dropped 0.64% in the last day and was trading around $121,186 at the

The Union Cabinet has approved a 3% hike in Dearness Allowance (DA) for central government employees and pensioners, with the revised rate taking effect from July 1, 2025. This move, announced after the Cabinet meeting on Wednesday, is expected to benefit nearly one crore individuals, including both serving employees and retired staff. Dearness Allowance is a cost-of-living adjustment paid by the government to offset

Bitcoin reached an unprecedented milestone on Thursday, crossing the $124,000 mark for the first time in history before settling slightly lower at $123,868. This remarkable surge has been driven by a combination of robust institutional demand, improving macroeconomic conditions, and a growing belief among investors that the United States is on the verge of implementing an interest rate cut later this year. Ethereum followed suit, rallying significantly and tradi

Central government employees and pensioners are eagerly awaiting the official announcement of a 3% hike in Dearness Allowance (DA) and Dearness Relief (DR), which is expected to be implemented from July 2025. While the DA rates are revised twice a year effective from January 1 and July 1 the official announcements usually come months later, typically around the festive season in September or October. Expected

Retiring at 40 has become an exciting goal for many young professionals seeking freedom from traditional work life. While the idea of stopping work just when others are reaching their career peaks sounds appealing, achieving this early retirement requires disciplined saving, careful investing, and thorough planning. Experts say that to comfortably retire by 40, you must save between 35 to 79 times your annual expenses depending on your current age and lifestyl

Global financial markets came under pressure on Friday as Iran launched hundreds of missiles toward Israel in retaliation for earlier airstrikes on its nuclear and military facilities. The geopolitical escalation sparked fears of a wider Middle East conflict, leading to a steep sell-off on Wall Street and sharp gains in oil and gold. The S&P 500 fell 1.1%, while crude oil futures jumped 7.5%, their largest single-day gain in over two years. The VIX fear g

As summer heats up and Americans continue searching for affordable entertainment, AMC Theaters is stepping up with a massive midweek offer. Beginning July 9, the theater chain is rolling out “50% Off Wednesdays,” slashing movie ticket prices in half every Wednesday for members of its AMC Stubs rewards program. Already known for its popular “Discount Tuesdays,” AMC is now doubling down on value-driven moviegoing to increase weekday attendance. This bold new pr

If you're wondering whether to invest in gold or mutual funds this year, you're not alone. With rising market uncertainty, inflation concerns, and global geopolitical tensions, investors are reevaluating traditional assets. Gold and mutual funds have long stood as two prominent options for Indian investors. While both offer potential returns, they cater to different investment styles, goals, and risk appetites. Financial experts suggest that a well-balanced investment portfolio, tailo

India’s annual retail inflation rate eased to 3.34% in March 2025, according to the latest data from the Ministry of Statistics and Programme Implementation. This marks the fifth consecutive month of decline and falls below the 3.61% recorded in February, offering significant relief to policymakers and consumers alike. The main factor contributing to this moderation is the continued softening of food prices, which make up a large portion of the Consumer Price Index (CPI). Food inflation dr