Gold & Silver Price|Trump’s New Sanctions On Russia Rattle Global Markets, India’s Reliance On Edge

This special report focuses on US President Donald Trump’s new Ukraine-related sanctions against Russian oil giants Rosneft and Lukoil, a first in his second term that has rattled global markets. In a major policy shift, Trump stated, ‘Hopefully he will become reasonable and hopefully Zelinsky will be reasonable to, you know, takes 2 to tango as they say.’ The move puts major importers like India’s Reliance Industries in the spotlight. Meanwhile, Indian stock markets are witnessing a spectacular rally, with the IT sector surging on hopes of an impending US-India trade deal. This festive season has also seen record-breaking Diwali sales of over ₹5.4 trillion, boosted by GST cuts and a push for ‘Swadeshi’ goods. The bulletin also covers significant deals in the defence sector, with contracts for Bharat Forge, Adani PLR, Bharat Electronics, and JBM Auto.