Silver prices collapsed 19 per cent to Rs 3.12 lakh per kg in the national capital on Saturday, while gold plunged 2 per cent to Rs 1.65 lakh per 10 grams, as investors booked profits amid a global selloff triggered by a stronger US dollar. According to the All India Sarafa Association, silver nosedived Rs…
With just hours left for the Union Budget 2026 presentation, income tax once again takes centre stage as taxpayers across the country expect more income relief, a simpler tax structure and several other benefits. Amid discussions and expectations around taxes, let’s take a look at how India’s income tax system truly compares with those of…
Congress president and Leader of the Opposition in the Rajya Sabha Mallikarjun Kharge. File. | Photo Credit: The Hindu Congress president Mallikarjun Kharge on Friday accused the Narendra Modi-led government of systematically weakening the Right to Information (RTI) Act, a day after the Economic Survey called for a “re-examination” of the nearly two-decade-old transparency law….
India’s former G20 Sherpa and NITI Aayog CEO Amitabh Kant on Saturday agreed with the Economic Survey’s suggestion that India needs to limit social media used on basis of age, like that in other countries including Australia. In a social media post, Kant said, “100% agree with India’s Economic Survey that we need age limits…
The Senate voted on Friday (January 30, 2026) to fund most of the government through the end of September while carving out a temporary extension for Homeland Security funding, giving Congress two weeks to debate new restrictions on federal immigration raids across the country. With a weekend shutdown looming, President Donald Trump struck a spending…
The upcoming Union Budget 2026, should offer respite to debt mutual funds, relieve the capital gains tax burden to assist with long-term retail investor participation, Indian mutual funds have emphasised through their wish list. In lieu of capital gains taxation hit to mutual fund investors on multiple fronts, the Association of Mutual Funds (AMFI) has…
Chief Economic Adviser V. Anantha Nageswaran during a press conference at the National Media Centre in New Delhi on January 29, 2026 after the tabling of the Economic Survey 2025-26 in Parliament. | Photo Credit: ANI Quality is established in the marketplace through competition, not through quality control orders, Chief Economic Adviser (CEA) V. Anantha…
Budget 2026 sectoral expectations — FMCG industry: India’s fast moving consumer goods (FMCG) sector has high expectations from Finance Minister Nirmala Sitharaman’s Budget tomorrow. Among the most stated expectations and suggestions include rationalised customs duties, GST inverted duty structure, measures for increasing disposal income, support for startups and logistics, innovation push and more. Nikhil Doda,…
The global move away from the U.S. dollar is gathering pace as broader geopolitical uncertainty raise concerns over the stability and predictability of the dollar-centric financial system. In response, central banks, particularly in emerging markets, are boosting their gold reserves, pushing bullion prices to volatile highs. Although the dollar remains the world’s dominant reserve currency,…
FILE PHOTO: Gold rates today. | Photo Credit: AMIT DAVE Gold prices in India saw a decrease as reported today across most cities. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session. Below is a detailed breakdown of gold prices in key cities. Gold rates in…
