Adani Enterprises plans ₹40,000 cr annual capex over two years

Inflation readings from the US, China, Germany, Japan and India, along with employment data, will be key triggers for precious metals.

The Centre is weighing changes to the 1953 Coir Industry Act to widen its product definitions and cut red tape. The move comes as coir exports hit a record.

Bullion prices are likely to remain under pressure next week as investors track developments in the US-Iran conflict, movements in crude oil prices and inflation data for cues on the outlook for interest rates, analysts said. The focus will be on inflation prints from China, the US, Germany, Japan and India. Investors will also closely track speeches by Federal Reserve officials and US employment data. Chinese economic indicators will be important for industrial metals, they added. Geopolitical

The company's board has already approved the purchase of a few vessels, and tenders were issued several months ago, Director of Finance Anuj Jain said during its second-quarter earnings call.