‘They forced me to do it’: Trump says high tariffs on China ‘not sustainable’; claims Beijing ‘ripped off’ America for years

US President Donald Trump on Friday said his proposed additional 100% tariff on Chinese goods would not be “sustainable,” further asserting that Beijing “forced him to do it.”“It’s not sustainable,” Trump told Fox Business when asked if the levies he has threatened to impose on China could remain in place without significantly affecting the economy….

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Forex watch: India’s foreign exchange reserves drop to $697.78 billion; gold holdings rise above $100 billion mark

India’s foreign exchange reserves fell by $2.176 billion to $697.784 billion in the week ended October 10, according to data released by the Reserve Bank of India (RBI) on Friday.This marks the second consecutive weekly decline after reserves had dipped by $276 million in the previous week to $699.96 billion.According to RBI data, foreign currency…

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Gold rate rally to continue; prices could touch $4,500 per ounce driven by Asian demand: Report

Representative image (AI) Gold prices are on a remarkable upward trajectory, with international markets potentially seeing levels reach $4,500 per ounce, according to a report by Motilal Oswal Financial Services Ltd (MOFSL). The rally is supported by continued central bank purchases, geopolitical uncertainties, and strong demand from Asia. In 2025, gold has already surged over…

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India’s Russian crude oil trade rebound in October after previous quarter dip; imports rise to 1.8 million bpd: Report

In a notable shift, India’s crude oil imports from Russia have surged in the first half of October, reversing a three-month decline observed from July to September. This resurgence is attributed to Indian refineries operating at full capacity to meet the heightened demand during the festive season, as indicated by ship tracking data.Russian oil imports…

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Focus on growth investing and emerging businesses helped our funds outperform the market: Motilal Oswal Mutual Fund MD & CEO

Prateek Agrawal, Managing Director and CEO of Motilal Oswal Mutual Fund With more than 30% compounded returns, the Motilal Oswal Large & Midcap Fund is the best performing diversified fund in the past three years. Likewise, the Motilal Oswal Midcap Fund is the top performer in its category. Prateek Agrawal, Managing Director and CEO of…

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Gold price prediction: What’s the outlook for October 17, 2025 ahead of Dhanteras? ‘Buying on dips’ makes sense

Overall, the intraday technical setup stays distinctly bullish. (AI image) Gold price prediction today: Just ahead of Dhanteras and Diwali, gold prices are likely to continue their upward trend, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold continued its strong upward trajectory through the…

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Gold, silver hit record highs ahead of Dhanteras! MCX gold rates at Rs 1,30,005 per 10 gms, silver at Rs 1,67,999 per kg; safe-haven demand fuels surge

In a remarkable surge ahead of the auspicious occasion of Dhanteras, gold and silver prices have reached unprecedented levels in both domestic and international markets. On Friday, gold December futures on the Multi Commodity Exchange (MCX) soared by Rs 3,000, marking a 2.2% increase to a new all-time high of Rs 1,30,005 per 10 grams….

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