Gold prices in India are expected to maintain an upside bias for the rest of 2025, driven by a projected uptrend in global gold prices and a weakening Indian rupee, according to a sectoral update by ICICI Bank Global Markets. The report projects an equilibrium range of USD/Rs at 87.00-89.00 for the fourth quarter of…
Though employees can withdraw up to 100% of the eligible balance in the PF including employee and employer share during their service, a new provision has been made that 25% of the contributions in an account should be maintained as minimum balance at all times. File. | Photo Credit: Supreet Sapkal The story so far:…
With a strong surge in sales of gold, silver, utensils, kitchenware, vehicles, electronic and electrical goods and other auspicious items, total business for traders and market hubs crossed ₹1 lakh crore across the country as per estimates by the Confederation of All India Traders. Praveen Khandelwal, Secretary-General, CAIT and Member of Parliament from Chandni Chowk…
Luxury and prosperity are shining bright this festive season, with online platforms like Amazon and BigBasket witnessing record demand for gold, silver, and fine jewellery purchases ahead of Diwali and Dhanteras. Premium fashion on Amazon Fashion and Beauty has seen a sharp uptick, led by fine jewellery and luxury watches. “This festive season, premium fashion…
Union Finance Minister Nirmala Sitharaman addresses a press conference, in New Delhi on October 18, 2025. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Saturday (October 18, 2025) said the benefits of GST reforms are reaching consumers in the form of reduced prices. Addressing a press conference on GST Bachat Utsav, she said the…
Gold and silver buying on the auspicious occasion of Dhanteras kicked off on Saturday with jewellers expecting higher footfalls, though record high prices of the yellow metal could dampen demand by 15 per cent in volume terms compared with a year earlier. Dhanteras, the most auspicious day in the Hindu calendar for buying items ranging…
In India, the act of acquiring gold and silver transcends a mere financial transaction; it’s a deep-rooted tradition. For countless generations, these precious metals have been purchased in the form of coins and ornaments during auspicious periods like Dhanteras and Diwali. These purchases carry immense spiritual significance and are simultaneously regarded as a prudent strategy…
After a bumper rally over the past few weeks, the precious metals market witnessed a sharp correction on Friday, as both Gold and Silver prices tumbled on the Multi Commodity Exchange (MCX). The decline came amid a profit-taking wave triggered by specific external market factors that temporarily eased geopolitical and economic anxieties. Gold prices of…
In the last one month, gold prices have jumped by ₹20,073 per 10 gram or 18 per cent, triggering a strong ‘fear of missing out’ (fomo) syndrome among buyers | Photo Credit: SIDDHANT THAKUR It is going to be a glittering Dhanteras with the gold rush continuing at retail stores despite yellow metal prices hitting…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled for the day lower by 7 paise at 88.03 (provisional) against the US dollar on Friday (October 17, 2025), weighed down by trade tensions and global uncertainties. Forex traders said renewed foreign fund inflows and lower crude…
