In recent years, India has navigated a subtle macroeconomic challenge: persistently low inflation that has tempered nominal GDP growth. Nominal GDP, the sum of real economic expansion and inflation, serves as a critical barometer for fiscal health, tax revenues, and corporate earnings. When inflation is understated, nominal GDP lags, straining government budgets and business profitability….
The silver market remains in a critical phase of the ongoing squeeze, characterized by a sharp divergence between paper and physical dynamics. As of early February 2026, spot silver trades around $76–$78 per ounce (following a volatile pullback from January’s peak near $120–$121), reflecting recent leveraged unwinds but not a collapse in underlying fundamentals. This period has been marked by aggressive interventions from…
We’ve been talking about gold and silver ETFs in the Indian market (especially after that wild January 2026 premium crash), let’s break down iNAV in plain, easy language. “iNAV” think of it like checking the MRP or “fair price” of something before you buy it at a crowded market. First, Quick Recap: What is iNAV? NAV (Net Asset Value) is the true value of one…
The recent US tariff rollback on Indian exports, effective February 2, 2026, has slashed the effective duty from a burdensome 50% (25% base tariff plus 25% penalty) to 18%, following India’s commitment to cease Russian oil purchases. This move, announced by President Donald Trump after discussions with Prime Minister Narendra Modi, ends a protracted trade…
On January 30, 2026, President Donald Trump nominated Kevin Warsh, a former Federal Reserve Governor from 2006 to 2011, to succeed Jerome Powell as Chair of the Federal Reserve. Warsh’s term as Chair would begin in May 2026, pending Senate confirmation, which appears likely given Republican control of the chamber. The announcement sent immediate ripples…
As India gears up for Finance Minister Nirmala Sitharaman’s ninth consecutive Union Budget on February 1, 2026—the first ever to be presented on a Sunday—expectations are anchored in one central question: can New Delhi sustain high growth while the global economy stumbles through uncertainty? With GDP projections in the 7–7.5% range, the budget is widely…
In global commodity markets, gold retains its status as a monetary hedge, while silver exhibits pronounced volatility. However, copper—termed “Dr. Copper” for its sensitivity to economic cycles—has emerged as the pivotal indicator in Q1 2026, underscoring a structural shift toward industrial expansion. This trajectory reflects fundamental demand drivers rather than speculative fervor. With global manufacturing…
Every winter feels harsh while you’re in it. The cold winds, short days, and gloomy skies test patience. Yet spring inevitably follows—with sunshine, growth, and renewal. Investing operates on the same cyclical principle, though most retail investors fail to grasp this fundamental truth. When equity portfolios glow green, confidence soars and investors feel invincible. Conversely,…
The commodity cycle is upon us, yet global portfolios remain woefully under positioned. Historically, the last major commodity Supercycle peaked with allocations around 12% in global investment portfolios, but today, we’re hovering at approximately 3%—a staggering 75% drop. This under allocation comes at a time when structural conditions are arguably more bullish than in previous…
As we begin 2026, India’s equity markets enter the year on a resilient note following a relatively muted 2025, marked by global trade uncertainties, U.S. tariffs, and earnings pressures. However, the consensus among analysts, brokerages, and institutions points to a stronger, more constructive performance ahead — potentially delivering double-digit returns and marking a comeback for Indian equities….
