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CHENNAI: If you think the GST windfall is restricted to new cars this festival season, think again. With new cars – particularly sub- Rs10 lakh models – now cheaper by 7% to 10.6% (depending on the model and variant), used car prices are seeing a knock-on effect. According to top used car marketers, comparable models…
Gold and silver are poised for a volatile week ahead as investors navigate the interplay between domestic festive buying, physical market premiums, and crucial macroeconomic developments in the US, analysts said. With Federal Reserve officials, including Chair Jerome Powell, set to comment on policy on Tuesday, bullion markets are expected to closely track any cues…
Maruti Suzuki India is intensifying efforts to boost sales of its entry-level cars, aiming to achieve record volumes for the Alto and S-Presso in the ongoing fiscal 2026. The company is relying on aggressive price reductions, festive finance schemes, and a focused push to attract two-wheeler riders into the four-wheeler segment.According to sources familiar with…
US President Donald Trump on Friday announced reaching a deal with AstraZeneca, which would lower the cost of some prescription drugs for millions of Americans.The agreement will see the company sell certain medicines at reduced prices to the government’s Medicaid health plan in exchange for tariff relief. This follows a similar arrangement made with Pfizer…
Central banks around the world are increasing the percentage of gold reserves in their overall foreign exchange reserves. (AI image) Gold is on a record-breaking spree – even by its safe haven standards! Gold prices have been rising to new lifetime highs both in the domestic and international markets – smashing records with a bull…
Silver rate today: Silver prices surged sharply in Delhi on Friday, jumping Rs 8,500 to close at a record Rs 1,71,500 per kilogram, driven by robust safe-haven demand and ongoing supply constraints in global markets.The All India Sarafa Association reported that silver had closed at Rs 1,63,000 per kilogram on Thursday. Over the past three…
Silver rate today: Silver prices jumped by Rs 6,000 to a fresh record of Rs 1,63,000 per kg in the national capital on Thursday, while the white metal crossed the $50 per ounce mark in global markets for the first time, according to market sources.Analysts said robust industrial demand, geopolitical and economic uncertainties, and rising…
Silver rate today: Silver prices surged for the third consecutive day on Wednesday, gaining Rs 3,000 to trade near a record high of Rs 1,57,000 per kilogram in the national capital amid global uncertainties and the prolonged US government shutdown.The white metal had closed at Rs 1,54,000 per kg on Tuesday and touched Rs 1,57,400…
Gold continued to surge to new record heights crossing $4,000 per ounce in Comex markets. (AI image) Gold price prediction today: Gold prices are likely to continue rising ahead of Diwali, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his views and recommendations for gold investors:Gold continued…
Gold prices touched an all time high on Wednesday, buoyed by safe haven demands, crossing $4,000 per ounce levels. The precious metal jumped to $4,002.95 an ounce,as investors piled amid global economic and political tensions, extending a rally that it has already pushed gold more than 50% since the year starting. “Investors continue to bid…
