Silver prices on Monday jumped ₹619 to ₹95,656 per kilogram in futures trade as participants increased their bets. On the Multi Commodity Exchange, silver contracts for May delivery rose ₹619 or 0.65 per cent to ₹95,656 per kg in a business turnover of 14,898 lots. Fresh positions built up by participants led to a rise…
FIIs bought equities worth ₹4,667.94 crore on April 17, 2025, according to exchange data. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty surged in early trade on Monday (April 21, 2025) driven by buying in HDFC Bank, ICICI Bank post their earnings announcement and continuous foreign fund inflows. The 30-share BSE…
India has to generate 8 million jobs per year at least for the next 10-12 years and raise the share of manufacturing in Gross Domestic Product (GDP) as it strives to achieve the vision of becoming a developed country by 2047, Chief Economic Advisor (CEA) to the Government of India V. Anantha Nageswaran said. “We…
FILE PHOTO: The Indian Rupee logo is seen inside the Reserve Bank of India (RBI) headquarters in Mumbai, India, December 6, 2024. REUTERS/Francis Mascarenhas/File Photo | Photo Credit: Reuters Rupee appreciated 33 paise to 85.05 against the U.S. dollar in early trade on Monday (April 21, 2025), as the dollar index fell to its lowest…
Though silver will be in deficit for the fifth year in a row in 2025, gold has performed better among the precious metals, mainly due to macro and geopolitical drivers. According to the World Silver Survey 2025, issued by New York-based The Silver Institute over the weekend, silver’s performance has been less flattering compared with…
It’s time to wipe the slate of last financial year and the clock of investment must be reset based on your current goals. One of the advantages of the National Pension Scheme (NPS) is it offers both tax incentives and a retirement corpus. Now that the no-tax limit under the New Tax Regime (NTR) has…
The image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Most retirees prefer rental income. But there comes a time when retirees may have to decide whether to continue earning rental income or sell the property and deposit the money in a bank. This week, we discuss the factors driving such phase…
The government decision to increase the drawback rate on select gold and silver article will help moderate the impact of the proposed US tariff and sliding global demand for jewellery. The Customs has notified that gold jewellery drawback rate has been increased to ₹405.40 per gram from ₹335.50 of net gold content. For silver jewellery…
Indian investments in silver exchange-traded products (ETPs) increased by 195 per cent in 2024 and made up 42 per cent of annual retail investments in the country, The Silver Institute’s “World Silver Survey 2025” said. There has been a further 10 per cent additional rise in the inflows since the beginning of 2025 driven by…
