Gold soars to record highs in 2025, silver follows with 15% YTD surge
Gold has delivered a stellar performance in the first four months of 2025, gaining nearly 25% year-to-date and marking all-time highs on both MCX and COMEX.
Business
Fitch slashes global growth outlook amid escalating trade war
In a special update to its quarterly Global Economic Outlook, Fitch has cut world growth in 2025 by 0.4pp, and China and US growth by 0.5pp from the March edition.
Retail inflation drops to 67-month low of 3.3% in March
Sustained seasonal correction in food prices led the moderation in headline inflation in March 2025.
Bank credit growth may climb to 12–13% in FY25: CRISIL
Two key regulatory changes are expected to support bank credit growth.
China is putting Trump on notice: Ready for full-on trade war
The latest moves out of Beijing show a government bracing for extended economic conflict with the United States under President Trump.
India’s auto industry ends FY 2024-25 on a high note
The CV segment has seen slightly improved performance for the quarter, while the PV segment has broadly remained in the mid-single digit growth zone.
Risk of global recession growing as tariffs escalate
Tariffs imposed by the world’s largest economies are not just slowing trade, they are eroding business confidence.
Reciprocal Tariffs: Supply re-orientation and investment impact key risks
Reciprocal tariffs, while having limited direct impact for India, create uncertainty and the risk of volatility in global markets.
Trump torches global trade order, peddles in economic delusion: deVere CEO
Trump tariffs will push prices higher on thousands of everyday goods, and that will fuel inflation at a time when it is already uncomfortably persistent.
Window closing fast for UK expats to boost state pension
While the UK state pension may have fallen off the radar for some who have spent years working abroad, James Green warns against underestimating its value.
