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After the sharp rally, domestic brokerage Motilal Oswal believes gold and silver prices may experience some consolidation. However, the overall outlook for both remains bullish.

German shares rise ahead of vote on debt reforms

Updated at : 2025-03-18 16:30:02

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Europe s largest economy is set to vote on a 500-billion-euro ($546 billion) fund for infrastructure and to ease constitutionally-enshrined borrowing rules to allow higher spending on security.

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At least three large foreign banks sold dollars, helping lift the rupee, a trader at a mid-sized private bank said. Bids by state-run banks, however, kept a lid on further gains, traders said.

Global markets in 2025 have faced economic and geopolitical turmoil, yet Warren Buffett s net worth surged by $21 billion. Fueled by Berkshire Hathaway s stock rally and strong earnings, his investment strategy, holding record cash reserves, underscores a cautious but profitable approach.

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Baidu surged 12.2% to the highest since October, as investors continued to scoop up its shares following the launch of two new artificial intelligence models. Alibaba climbed 5.8% and Tencent gained 3.2%.

PB Fintech Ltd. plans to invest Rs 696 crore in its subsidiary PB Healthcare Services to enhance business operations. Chairman Yashish Dahiya shared insights on improving the customer experience and reducing insurance costs. The investment aims to resolve conflicts between hospitals and insurers by creating a trusted protocol, ensuring smoother claim settlements for customers.

Promoters and founders amassed Rs 5 lakh crore in wealth amid an IPO boom, with 169 public offers on the NSE in FY23-FY24. Banking & financial services led wealth creation, but a steep market correction wiped out Rs 47,370 crore in six months, driven by foreign outflows and liquidity concerns.

Pine Labs, whose main backer is venture capital firm Peak XV, offers full stack payment solutions including point-of-sale machines to merchants for card payments and competes with Paytm and Walmart s PhonePe.

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As for LG Electronics India, it filed preliminary papers with Sebi in December for an IPO wherein the parent company will sell over 10.18 crore shares, amounting to a 15 per cent stake, as per the Draft Red Herring Prospectus (DRHP).

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