Any shift in investor sentiment may result in speculators fleeing the gold market, driving its price down sharply, quickly. One significant risk for gold is a near-term reversal in the dollar, which recently fell to a two-year low.
Those interested in investing in gold have shifted to instruments, such as sovereign gold bonds and gold ETFs. Many others are, in fact, selling gold or using it as collateral to generate short-term liquidity.
The all-time high price of silver is Rs 75,000 a kg, recorded in April 2011.
The earlier resolution allowing these developers to charge higher power tariffs, now stands cancelled.
There are 12 sites across India, including private and public hospitals, conducting Phase 1 and 2 human clinical trials for Bharat Biotech's Covaxin. Based on an earlier letter by the Indian Council of Medical Research (ICMR) to the 12 sites, volunteer recruitments for the clinical trials were to begin by July 7. At least three sites are yet to kick-start the process.
Approximately 85.6% undergraduate and postgraduate students who availed placement services of the institute got placed.
After IIT-Bombay, IITs at Madras, Kanpur and Kharagpur are evaluating options to move some or most of their courses online.
To stay on course with their academic calendars, several steps for graduating batches and fresh incoming batches are being taken.
This is because while the emergency authorisation for treating Covid was a recent move, the drug has been used since years for rheumatoid arthritis and autoimmune lupus.
Nomura Group Study found that in 2019, out of the fifty-six companies which shifted their production out of China, only three of these invested in India; while 26 went to Vietnam, 11 to Taiwan, and 08 to Thailand. In April 2020, Nikkei noted that out of the 1,000 firms which were planning to leave China and invest in Asian countries, only 300 of them were seriously thinking of investing in India.
The government has sold SGBs worth Rs 1,990 crore in April and May alone.
Silver has been quoting at a premium in India since mid-March because of huge scarcity.
It plans to use it as collateral, along with forex reserves, to print currency.
'There are 8-12 members living in the same accommodation. While in pre-lockdown days, since most were out on work, social tension among them was less because of limited interaction. But now, no food and livelihood, along with having to live in cramped conditions, is taking a toll on their mental health.'
Gold and silver became costlier in the country following the international price rise over the expectations of negative interest rates in the US, the rising trade tensions between the US and China and the weakening of the rupee.
Export of mango, especially alphonso, to European countries has been negligible this season; shipments to the Gulf fell 40-50 per cent.
During his interaction with the chief ministers, Prime Minister Narendra Modi assured that more economic activities would resume; he also said that zone identification may be left to the states.
Except for laws pertaining to the payment of minimum wages, following safety norms and adequate compensation for workers in case of industrial accidents, no other provisions of the labour law would apply to all new companies that wish to operate in the state for at least 1,200 days, and for those that have already been operational for that period.
Though exports to Hong Kong, a major destination for India's polished diamonds, have resumed, the industry is currently sitting on an inventory worth around $2.3 billion.
Diamond industry expects revenues to drop by 20-25% in the current financial year.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances