Gold purchases by central banks in February were led by the National Bank of Poland (NBP) and Uzbekistan but Turkiye and Russia turned sellers, data from the World Gold Council (WGC) showed. Banks were net buyers of 19 tonnes, driven largely by a 20-tonne purchase by NBP. The Polish central bank resumed buying after a…
Image used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The Geological Survey of India (GSI) undertook 458 mineral exploration projects in the field season 2025-26, of which 230 projects were focussed on critical minerals, the ministry of mines informed Thursday (April 2, 2026). Additionally, of the 230 projects, 92 were targeted to acquire…
Coal production from captive and commercial mines increased 10.2% in the financial year 2025-26 to 210.46 million tonnes, on a year-over-year basis, the government informed in a statement Thursday. Further, dispatches from captive and commercial mines also increased 7.35% to scale 204.61 MT during the same period. The increase in coal production and dispatches is…
“India and the U.S. share a very robust and deep strategic partnership on many aspects such as technology, defence, trade, and investment,” Piyush Goyal said. | Photo Credit: ANI As one year elapses of U.S. President Donald Trump’s ‘Liberation Day’ tariff announcement, Commerce Minister Piyush Goyal says India and the U.S. continue to have a…
Staging a spirited recovery, stock markets pared early losses to close higher on Thursday (April 2, 2026), with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee. Rebounding more than 2,000 points from the…
Gold traded at a premium in India this week for the first time in two months, as softer prices boosted demand for the metal, while premiums in China ticked down slightly as buyers awaited a deeper correction. Dealers quoted discounts of up to $8 an ounce and premiums of $2 an ounce over official domestic…
Silver prices slumped ₹14,301 to ₹2.29 lakh per kilogram in futures trade on Thursday amid renewed escalation signals from President Donald Trump on the Iran conflict, lifting the US dollar and weighed on precious metals. Ending a four-day rally, the white metal dived by ₹14,301, or 5.87 per cent, to ₹2,29,200 per kilogram on the…
This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee recovered 151 paise from its record low level to trade at 93.19 against the U.S. dollar in early deals on Thursday (April 2, 2026), backed by the Reserve Bank’s move to restrict banks’ net open position in the onshore forward…
Image used for representational purposes. File | Photo Credit: Getty Images/iStockphoto National Securities Depository Ltd (NSDL) has announced the launch of its Women Plan to encourage greater participation of women in India’s capital markets. Demat accounts held by women in India have grown by over 129% since 2021, increasing from 6.67 million to over 28…
Gold retreated from two-week highs on Thursday after US President Donald Trump said that Washington would continue its military campaign in Iran in the coming weeks, pushing crude prices sharply higher and dampening hopes of interest rate cuts. Spot gold was down 2 per cent at $4,664.39 per ounce, as of 0439 GMT, snapping a…
