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Gold and silver purchases began on a positive note on Saturday as the two-day Dhanteras festival kicked off, with jewellers anticipating a strong turnout both online and in stores despite record-high prices possibly cutting sales volumes by up to 15% compared with last year.Dhanteras, considered the most auspicious day in the Hindu calendar for buying…
Indian companies are exploring potential partnerships with Russian firms to secure better supplies of rare earth magnets and critical minerals, as China continues to tighten its grip on global rare earth exports. Beijing’s increased rare earth export restrictions have continued to hit industries worldwide and in India, as it controls nearly 90% of rare earth…
As Diwali approaches, many are uncertain whether the festival falls on October 20 or 21 this year. As for stock markets, investors would also like to know definitive dates of the days when trading will not happen. They have a definitive date to note: the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will…
Gold remains a key portfolio asset despite recent surges, and investors may still find opportunities to buy on dips, according to Michael Widmer, head of metals research at Bank of America.“Gold is overbought at the moment, but it is still underinvested,” Widmer told Bloomberg Television. “ETF inflows last month were up 880% year-over-year, and that…
The ministry of cooperation has joined hands with the Indian Rice Exporters Federation (IREF) for what is set to be the largest rice event, Bharat International Rice Conference (BIRC) 2025, in a bid to strengthen the country’s rice sector. Alongside the conference, three major initiatives will be launched: a Coffee Table Book on Indian Rice,…
Gold and silver prices in India softened on Dhanteras, providing some relief to buyers ahead of the festive season. Traditionally seen as an auspicious day to buy precious metals, this year’s Dhanteras comes with gold easing from its recent peaks.Today, 24-karat gold is priced at Rs 13,086 per gram, or Rs 1,30,860 for 10 grams,…
Gold prices have rallied throughout 2025, rising almost 39% over the past year, weakening the prospects for festive selling. On Friday, just a day before Dhanteras, gold prices soared Rs 3,000 to record a new high at Rs 1,34,800 per 10 grams.Meanwhile, silver, after reaching a peak of Rs 1.76 lakh per kg on Wednesday,…
Facing record prices, most middle-class households are expected to stick to the custom of shagun (auspicious) buying. (AI image) Gold buying on Dhanteras 2025: It’s Dhanteras today and many people opt to buy gold for auspicious reasons. What should your gold buying strategy be and what are the top factors to keep in mind? Jateen…
US President Donald Trump on Friday signed an order that provides relief for American carmakers while introducing a 25% tariff on truck parts.The White House said the order extends an arrangement allowing companies to reduce tariffs on imported vehicle parts. At the same time, it imposes a 25% tariff on medium and heavy-duty trucks and…
Mumbai: Quick commerce has changed the way consumers shop with 10-minute deliveries becoming the norm, at least in the metros, and investors pouring big money into the space at high valuations.Young player Zepto, founded by two college dropouts in 2021, saw its valuation soar five times $7 billion from $1.4 billion in just two years…
