The precious metals complex continued its southward journey on Monday, but the movements in domestic and global markets were volatile as traders weighed in the latest hike in the CME Group margins for these metals. Prospects of the US Fed turning hawkish and the dollar recovering, too, drove the complex lower. However, prices sashayed as…
At first glance, that sounds like a big win. Some of this money does come from real payments, such as licence fees and spectrum auctions, paid by private telecom companies. But a large chunk comes from state-owned BSNL, which is dependent on the government for its survival. Only this “income” isn’t real cash changing hands,…
Some prominent gainers were Bajaj Finance, InterGlobe Aviation, Power Grid, Sun Pharma, Bajaj Finserv and Reliance Industries. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty ended 2.5% higher on Tuesday (February 3, 2026) after India and the U.S. agreed to a trade deal under which Washington will bring down the reciprocal…
Emerald Jewel Industry India Ltd., one of the country’s largest jewelry manufacturers, is weighing an initial public offering that could raise as much as $300 million, according to people familiar with the matter, potentially paving the way for India’s biggest listings in the sector. The Coimbatore-based company has appointed Axis Bank Ltd., Motilal Oswal Investment…
U.S. gold futures for April delivery were up 3% at $4,791.10 per ounce. File | Photo Credit: Reuters Gold and silver rebounded more than 2% on Tuesday (February 3, 2026) after a sharp selloff that was triggered by the nomination of Kevin Warsh as the next Fed chair and higher margin requirements at CME Group….
“With its nominal GDP crossing $4.19 trillion, India has become the world’s fourth-largest economy. Yet, its GDP per capita tells a contrasting story, highlighting the gap between overall growth and average economic output per person” Addressing the India-Japan Economic Forum in Tokyo on August 29, 2025, Prime Minister Narendra Modi said, Indian economy will “very…
File photo: Silver rate today. | Photo Credit: Leonhard Foeger Silver prices in India dipped sharply on February 3 across all major cities. The price of one gram silver and one kg silver dipped ₹20 and ₹20,000, respectively compared with the previous session’s closing price. This report provides a detailed, city-by-city breakdown of the latest…
A micro industry worker. File | Photo Credit: The Hindu In efforts to help the MSMEs, the government will develop a cadre of “corporate mitras” in Tier-II and Tier-III cities. Finance Minister Nirmala Sitharaman made the announcement as she presented the Union Budget 2026-27 on Sunday (February 1, 2026). Union Budget 2026 LIVE: Our govt…
At 1245 hours IST, gold was up by $227 or nearly 5 per cent at $4,887.05 an ounce. Gold April futures on COMEX gained over 5.5 per cent at $4,913.14 an ounce. | Photo Credit: matejmo Bargain hunting put an end to the fall in gold and silver prices, as the precious metals gained handsomely…
Representative image | Photo Credit: Reuters Gems and jewellery stocks were in the limelight on Tuesday (February 3, 2026) after India and the U.S. agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18% from the current 25%. India-U.S. trade deal LIVE Shares of Goldiam International…
