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A sharp correction in precious metals shows why inflation alone cannot sustain a rally. Interest rates, the dollar and investment flows will determine whether lower prices attract durable demand. Gold and silver are confronting an uncomfortable reality: rising inflation does not automatically translate into rising precious-metal prices. As of October 26, the supplied market figures…
Lately, a certain kind of financial influencers have been telling retail investors that a monthly SIP will not build real wealth. The “smart” alternative sounds irresistible: invest only when the Nifty PE ratio is below its historical average, and stop when it rises above. It sounds like common sense. Buy when markets are cheap, step aside when…
Indian families hold gold equal to roughly two-thirds of what every central bank on earth holds combined. The instinct is sound, the instrument is flawed, and the popular claim that households move the gold price does not survive the data. For decades economists have called Indian household gold dead capital: it pays no interest, no dividend,…
Hiroo Onoda was sent to Lubang in the Philippines in December 1944 with instructions to keep fighting and not to surrender. Japan capitulated in August 1945. Onoda stayed in the jungle until March 1974, when his former commanding officer travelled to the island and formally relieved him of duty. That is nearly 29 years. The…
In 1998, a hedge fund called Long-Term Capital Management nearly broke the financial system. Its partners included two Nobel laureates and some of the finest quantitative minds on Wall Street. Their models were rigorous, their math was correct, and the Federal Reserve Bank of New York ended up organizing a rescue. The math was not…
Foreign investors sold ₹3.16 lakh crore of listed Indian equities in the first nine months of 2026. The Nifty fell about 13 per cent in rupees and 18 per cent in dollars. The easy conclusion is that foreign selling is the problem. It is not the whole problem. South Korea has seen roughly $126.7 billion…
On 15 August 1971, the United States closed the gold window, ending the convertibility of the dollar into gold at a fixed price and marking the effective collapse of the Bretton Woods system established in 1944. Fifty-five years later, US long-term interest rates have returned to levels last sustained in the early 2000s: the 30-year…
The Nifty has fallen seven weeks in a row. From its January closing high of 26,328.55, it stood at 22,621.30 on 29 September, a 14.1% drawdown. Brent is hovering between $100 and $106. The US 10-year yield sits near 5.24%. The September series alone wiped off 5.67%. The usual explanations are circulating: tax changes, GDP…
On 24 September 2026, the Securities and Exchange Board of India (SEBI) approved a major overhaul of the portfolio management services (PMS) framework through the new SEBI (Portfolio Managers) Regulations, 2026, which replace the earlier 2020 regulations. One of the most significant innovations under this overhaul is the introduction of the Portfolio Managers Route for…
Two years after its September 2024 peak of about 26,277, the Nifty trades near 23,400, roughly 10 percent lower. For investors who entered after 2020, this is the first long sideways phase they have lived through. It is not the first India has seen. Since 1992, Indian equities have gone through at least four comparable…
