DEFENCE AND GEOPOLITICAL NEWS

The spending plan, approved by Knesset lawmakers early Monday in a vote of 62 to 55, totals 699 billion shekels ($222 billion) and sets a deficit target of 4.9 per cent of gross domestic product

The West Asia conflict has changed the bullish narrative around Gold. High oil prices, US recession-cum-inflationary fears, and fading Fed rate cut bets weigh on the sentiment, says YES Securities.

India has a major role to play in the remaking of the post-World War II world order, which is on the brink of collapse, South African Deputy Minister of Trade and Industry Zuko Godlimpi told a gathering of captains of industry, academics and policy makers in Pretoria on Monday. The minister was delivering the keynote address at the 2nd annual India-South Africa Business Conclave, organised jointly by the High Commission of India and the CII-India Business Forum. Godlimpi said independent India was born two years after World War II ended amid the global trade system architecture that was created by the West. "India emerged as a young democracy in a world that was already being shaped by major powers," he said. Commenting on India's plans to become a dominant world force by the time of the centenary of its independence in 2047, the minister said it is in a uniquely-different position now. "India will find itself in a position where, as opposed to inheriting a world order, it is now

TotalEnergies plans to ramp up LNG supplies to India, study expansion of Dhamra terminal, and deepen partnerships amid rising demand and geopolitical risks

Lower crude prices, strong refining and marketing margins may help state oil companies double dividends to the government in FY26 despite geopolitical risks

Recent geopolitical developments have seen record fuel supplies, expanded discounts on oil and robust domestic appetite for fuel

Gold prices are likely to witness some consolidation in the domestic markets next week as investors brace for a series of key central bank meetings and global trade developments, analysts said. Investors will keenly follow the US Federal Reserve's (Fed) policy outcome and remarks from Fed Chair Jerome Powell for cues on the interest rate decision. The US President Donald Trump and his Chinese counterpart Xi Jinping's meeting in South Korea, and the European Central Bank's policy review on Thursday are also expected to steer the trajectory of precious metal prices, they added. "Gold prices closed in negative for the first time in ten trading weeks, on profit-booking at recent tops, weakening physical demand in Asian centres like India & China, and further weighed by a stronger US dollar," Pranav Mer, Vice President, EBG -- Commodity & Currency Research, JM Financial Services Ltd, said. He said physical demand in India weakened in the latter part of the week as buyers trimmed ...