Gold prices advanced 2% on Monday after officials from the United States and Iran announced that they had reached an initial understanding aimed at ending hostilities between the two countries. The development triggered a decline in oil prices and reduced concerns about persistent inflation and elevated interest rates. Spot gold rose 2% to $4,304.11 an…

Indian equities may witness an uptrend as easing concerns surrounding the US-Iran conflict improve global risk sentiment. The sharp market recovery suggests that investors are beginning to price in a more favourable geopolitical outcome. While a formal agreement remains pending, the moderation in crude oil prices and appreciation in the rupee to 94.9 against the…

MUMBAI: Global investment firm KKR has said that central banks globally will start tightening this year and it has expressed caution on long-duration govt bonds, over-levered 2021 vintage deals, lower-income consumer exposure, and assets dependent on a return to the old regime of low inflation, low rates, and abundant liquidity.In its mid-year outlook report ‘The…