Silver extended its retreat from an all-time high earlier in the week, as traders took profits from a rally that had become overheated. Gold also slipped. The white metal fell below $57 an ounce, having lost more than 2 per cent in the previous session to snap an eight-day winning streak. The latest pullback has…
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. Despite having arrest warrants issued against them, these FEOs have left India and refuse to return to avoid criminal prosecution. Of this, the principal amount owed is ₹26,645 crore, while interest accounts for ₹31,437 crore. To date, banks have…
Talking about hotspots, it said that smuggling remained concentrated in Maharashtra, Tamil Nadu, Gujarat, and West Bengal, serving as entry points or redistribution hubs due to their strategic location | Photo Credit: REUTERS Gold smuggling seems to have come down with the Directorate of Revenue Intelligence (DRI) data showing that the volume of seizures dipped…
Commerce Minister Piyush Goyal speaks at the India-Russia Business Forum in New Delhi, on December 4, 2025. | Photo Credit: Reuters Russia has a huge demand for industrial goods and consumer products, which can be fulfilled by Indian businesses if only they take a “leap of faith”, said Commerce Minister Piyush Goyal on Thursday (December…
Talking about hotspots, it said that smuggling remained concentrated in Maharashtra, Tamil Nadu, Gujarat, and West Bengal, serving as entry points or redistribution hubs due to their strategic location | Photo Credit: REUTERS Gold smuggling seems to have come down with the Directorate of Revenue Intelligence (DRI) data showing that the volume of seizures dipped…
The 30-share Sensex edged higher by 158.51 points while Nifty climbed 47.75 points. File | Photo Credit: PTI Snapping the four-day losing run, benchmark stock indices Sensex and Nifty rebounded on Thursday (December 4, 2025) on buying in tech and IT shares. The 30-share Bombay Stock Exchange (BSE) index Sensex edged higher by 158.51 points…
The Rupee rebounded from its all-time low levels and appreciated by 19 paise to close at 89.96 against the U.S. dollar on Thursday (December 4, 2025), on weakness in the U.S. dollar index and on reports of the Reserve Bank of India‘s supposed intervention. Forex traders said the greenback fell after Automatic Data Processing (ADP)…
Union Finance Minister Nirmala Sitharaman in Lok Sabha during the winter session of Parliament, in New Delhi on Wednesday. File | Photo Credit: ANI Finance Minister Nirmala Sitharaman on Thursday (December 4, 2025) said the proposed Health and National Security Cess will not be levied on essential commodities, and the proceeds will be shared with…
The Indian rupee logo seen inside the Reserve Bank of India (RBI) headquarters in Mumbai | Photo Credit: Reuters The Chief Economic Adviser (CEA) V. Anantha Nageswaran on Wednesday (December 3, 2025) said the government is not losing sleep over declining rupee, which has breached the 90-level against the U.S. dollar. The falling rupee is…
Gold bars, wealth and investment, 3d rendering istock photo for BL | Photo Credit: iStockphoto Gold prices fell to ₹1,30,374 per 10 grams while silver futures rose to ₹1,82,672 per kilogram on Wednesday as mixed global trends and weak US economic data prompted cautious trading among investors. On the Multi Commodity Exchange (MCX), gold futures…
