Silver endured extreme volatility on Friday, plunging nearly 40 per cent from record highs above $118-$121 per ounce to around $74-$85, triggering lower circuit limits across all Silver Exchange Traded Funds (ETFs) in India. On the Multi Commodity Exchange (MCX), silver corrected aggressively from peaks near ₹4,20,048 per kilogram to around ₹2,91,000-₹2,91,925. “Due to the…
Union Finance Minister Nirmala Sitharaman on Sunday declared that the Self-Reliant India Fund would receive an additional ₹4,000 crore in fiscal year 2026-27 to bolster micro, small, and medium enterprises (MSMEs). Initially launched in 2023, this fund was designed to provide ₹50,000 crore in equity capital to MSMEs demonstrating the capacity and stability to scale…
After opening the day on a positive note, the 30-share BSE Sensex later fluctuated and quoted 13 points up. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty gained momentum and were trading higher in morning trade on Sunday ahead of the Budget 2026-27 presentation. After fluctuating in early trade, the 30-share…
Union Finance Minister Nirmala Sitharaman proposed to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing dedicated rare-earth corridors. Image used for representative purpose only. | Photo Credit: Reuters Union Finance Minister Nirmala Sitharaman proposed to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in establishing…
The Bombay Stock Exchange has modified the reference price calculation for gold and silver exchange-traded funds effective February 1, 2026, shifting to T-1 net asset value as the basis for daily price bands instead of previous day’s closing prices. The change, announced through Notice, comes as precious metals witnessed extreme volatility with gold futures plunging…
Congress leader Shashi Tharoor on Sunday said that he was looking forward to announcements for Kerala in the Union Budget 2026, with the state set to hold Assembly elections later this year. Speaking ahead of the Budget presentation by Finance Minister Nirmala Sitharaman in the Parliament, Tharoor spoke up on the issue of unemployment, saying…
In the previous session, the yellow metal plunged ₹31,617, or 17.2%, to close at ₹1,52,345 per 10 grams. File | Photo Credit: Reuters Gold and silver prices plunged up to 9% in futures trade on Sunday (February 1, 2026), hitting their lower circuit levels ahead of the Union Budget for 2026-27, as investors extended profit…
Gross tax collections from domestic transactions grew 4.8% to₹1.41 lakh crore, while import revenues were up 10.1% to ₹52,253 crore in January. File. | Photo Credit: Nagara Gopal Gross GST collections rose 6.2 per cent to over ₹1.93 lakh crore in January, mainly on higher revenues from imports, sources said on Sunday (February 1, 2026). Total…
Union Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026-27 on Sunday in the Lok Sabha. This will be Sitharaman’s ninth consecutive Union Budget, which is a record among all finance ministers in the history of independent India. Here we take a look at the backroom team that has worked tirelessly behind…
This follows a price hike in January, when commercial LPG cylinder rates were increased, adding to the cost burden for hotels, restaurants and other commercial users. File image. | Photo Credit: PTI Oil marketing companies increased the price of 19 kg commercial LPG cylinders by ₹49, with the new rates coming into effect from Sunday…
