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Samir Arora says Trump’s measures will avert financial collapse ?

Samir Arora Says Trump’s Economic Moves a “Much-Needed Course Correction” Amid Financial Concerns

New Delhi, March 18, 2025:
Samir Arora, founder and fund manager of Helios Capital, on Sunday remarked that US President Donald Trump is executing a “much-needed course correction” in the face of what he termed an inevitable financial reckoning for the United States.

Speaking on the current economic landscape, Arora acknowledged that Trump’s policies may cause some short- to mid-term discomfort. However, he emphasized that such tough measures are essential to ensure long-term financial stability for the country.

“President Trump’s actions may appear aggressive or painful in the immediate term, but they are necessary steps to steer the US economy away from unsustainable fiscal paths,” Arora said.

While he did not delve into specific policies, Arora hinted at growing fiscal imbalances and rising debt levels in the US economy, suggesting that corrective economic interventions are timely and vital.

He also pointed out that economic reforms often come with resistance, but history shows that bold policy decisions are what eventually safeguard the financial health of nations.

This perspective comes at a time when global investors are closely monitoring US fiscal and monetary strategies, inflation trends, and interest rate projections — all of which have a deep impact on global markets.

Arora’s remarks are likely to resonate with market observers who have expressed concerns over mounting US debt and the sustainability of government spending in recent years.

 

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Finance

Gold Rate Today: Price of Yellow Metal at Rs 50,180 Per 10 Gram, Silver Down 2% to Rs 67,660 per kg

Mumbai, December 22:Gold and silver prices edged lower in Indian markets tracking a similar trend in international markets. On MCX, gold futures edged 0.5 percent lower to Rs 50,180 per 10 gram in the second decline in three days while silver fell 2 percent to Rs 67,660 per kg.

In the global markets as well, gold rates slipped. The Indian spot gold price on Tuesday was at Rs. 50,380 which grew by 0.02 percent; the rate was lower than the global gold spot growth rate of 0.21 percent.  The global spot price is $1881.

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In the global markets, gold slipped today as a stronger dollar offset Gold has climbed over 23 percent this year, mainly driven by a raft of pandemic stimulus measures that stoked fears of inflation. The precious metal is often used as a hedge against inflation.

US Congress approved $900 bn Covid-19 relief package on Tuesday. According to an AFP report, the overwhelming approval in Senate and House of Representatives cleared the way for $900 billion relief package for millions of Americans and businesses battered by the coronavirus. After receiving Donald Trump’s sign it will become a law.

The dollar to rupee conversion today improved to Rs 73 as compared to the previous close of Rs. 74.

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Gold Rate Today: Price of Yellow Metal Down at Rs 51,100 Per 10 Gram, Silver Slips to Rs 62,847 Per Kg

Mumbai, October 22: Gold and silver prices slipped today in the futures market in India mirroring queues from the global markets. On MCX, December gold futures fell 0.45 percent to Rs 51,100 per 10 gram while silver futures declined 1.2 percent to Rs 62,847 per kg.

The reason why gold in the global market slipped was because of uncertainty over the US stimulus package. According to reports, there were rising concerns that an agreement on a new US fiscal coronavirus aid package will not be reached until after the presidential election when US President Donald Trump accused the Democrats of being unwilling to craft a compromise on aid.

Spot gold fell 0.2 percent to $1,920.86 per ounce, falling from a one-week high of $1,931.01 hit in the previous session. According to Good Returns.com, the price of a 10-gram 24 carat gold in Mumbai was Rs 51,100 on Thursday.  Customers need to pay Rs 51,710 in Kolkata for 24-carat 10-gram gold.