Latest News, Updates & Breaking Headlines
MUMBAI: The Reserve Bank of India on Thursday kept the policy repo rate unchanged at 5.25%, with the Monetary Policy Committee (MPC) voting unanimously to maintain status quo while modestly revising up its near-term growth and inflation forecasts.Following the decision, the standing deposit facility rate remains at 5%, while the marginal standing facility rate and…
Silver and gold prices saw a sharp reversal on Thursday, snapping a two-day recovery as futures came under heavy selling pressure amid weak global cues and a firm US dollar. On the Multi Commodity Exchange (MCX), silver futures for March delivery plunged by Rs 26,850, or 10%, to settle at Rs 2,42,000 per kilogram. In…
Gold futures traded higher on Wednesday as firm buying interest and strong investor participation lifted prices across multiple contracts on the Multi Commodity Exchange (MCX).As of 15:09 PM, MCX gold futures showed gains across expiries. The April 2, 2026 contract traded at Rs 1,59,000 per 10 grams, up Rs 5,191 or 3.37 per cent. The…
MUMBAI: The RBI is expected to keep interest rates unchanged after the conclusion of the Monetary Policy Committee (MPC) meeting on Feb 6, with economists flagging a pause amid rising inflation, slowing growth, and impending data revisions.“We expect the RBI to pause in the upcoming 6th Feb meeting, maintaining the repo rate at 5.25%,” said…
Precious metals prices bounced back sharply on Tuesday, with gold and silver gaining over 2 percent after suffering steep losses in the previous session. The earlier decline was driven by the nomination of Kevin Warsh as the next chair of the US Federal Reserve and a hike in margin requirements by CME Group. Spot gold…
Gold price today: Gold continued to trade in red on Monday, extending losses on the Multi Commodity Exchange (MCX), triggering lower circuit limits as investors rushed to book profits. Gold prices slumped by 6%, shedding nearly Rs 9,700 per 10 grams on MCX. The decline marked the third consecutive day of losses for gold futures,…
Union Budget 2026: Every year, one of the main components of the Budget presentation is the income tax, as taxpayers keenly watch for changes in the slabs, tax rates and other factors — which may ease their tax burden! However, post Finance Minister Nirmala Sitharaman’s Union Budget speech, the income tax framework remains unchanged from…
Latest Income Tax Slabs FY 2026-27 Latest Income Slabs FY 2026-2027: Finance Minister Nirmala Sitharaman has kept the income tax slabs for the upcoming financial year FY 2026-2027 unchanged for both the old and new income tax regime. Taxpayers will continue to pay income tax as per the ongoing income tax slabs that are currency…
Over the last few years, personal taxation has seen meaningful changes, particularly in the form of revised slabs By Sureshkumar SIndia enters the Union Budget 2026 on relatively strong economic footing, supported by steady growth, resilient domestic demand and continued investment in digital public infrastructure. Over the last few years, personal taxation has seen meaningful…
Gold and silver prices plunged sharply on Friday, with investors rushing to book profits after recent record highs. On the Multi Commodity Exchange (MCX), silver futures for March delivery fell 16.97 per cent, or Rs 67,891, to Rs 3,32,002 per kilogram, marking one of the steepest single-day declines in recent months. Gold futures for February…
