Traders said fresh buying by industrial units and coin makers along with higher global trend mainly led the recovery in silver prices.
Indian exporters are said to be exporting gold jewellery with minimum value addition to get a higher gold import quota for domestic market after imports linked to exports under the 80:20 rule.
Despite the low prices, commodities are risky investments
What can be more seductive to lure a populist politician than a mass rally? Modi understands Trump well like few people can, notes Ambassador M K Bhadrakumar.
As of June, the gross NPA of nationalised banks was 3.89 per cent and State Bank Group at 5.50 per cent.
A new passenger train connecting Dhaka and New Jalpaiguri on the Indian side was inaugurated jointly by Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina via a video conference.
Discounts up to 15% expected this festive season; analysts expect October-December period to garner sales of at least 60K units across seven major cities.
A recent Salem event was perhaps the first time many in the crowd were seeing Jayalalithaa in person in the past five years. A brief stint in jail had made her more reclusive. But none of that seemed to matter.
A small percentage of asset allocation to bitcoin seems like a reasonable gamble, as it could be a major gainer in an uncertain global environment, says Devangshu Datta.
Turning an arrest into a mockery of sorts, the police in Hyderabad made a conman dance to the audience reportedly inside the city Deputy Commissioner of Police's office.
Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.
Usually, online and offline discounts are similar. If discounts are too high, check builder's credentials.
Last week, the country's leading exchange, Zebpay, launched trading in Litecoin, which is the eighth-largest cryptocurrency, following rising demand from Indian investors.
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.
A new solution to raise deal speed is expected to avoid hiccups in trading when launched on August 1
Traditionally, Indian have been hoarders of gold, but now there are more opportunities to invest in the precious metal
The exercise which began on June 27 to assess the value of the articles has been undertaken by a seven-member panel of observers, including two former High Court judges. It will continue on Monday after a day's breather.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.
With sentiment up, launch of new projects revives, though much dissent on whether this is a real return of a positive market
With Rs 5.5 crores and counting, Mumbai's favourite Lord Ganesha, Lalbaugcha Raja, has turned richer this year.
Tamil Nadu Chief Minister Jayalalithaa died in Chennai tonight at a private hospital after battling for life for the 75 days.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Even as Congress has announced plans to hold year-long celebrations to commemorate the 125th birth anniversary of BR Ambedkar, Prime Minister Narendra Modi is expected to lay the foundation stone for the 'Ambedkar International Centre' in New Delhi, the legacy of the Dalit icon becoming the focus of a contest between the rival parties
Everything you need to know about the Chinese New Year and its traditions.
If you're in the market for a new home, now may be the perfect time to make your purchase. But, before making an investment for lifetime, there are many factors that come into play and much to be considered.
Evan O'Hanlon cannot turn door handles or pick up coins with his left hand and struggles for stability in his left ankle, yet he can hurtle around the bend of an athletics track.
In stock market parlance, "meme stock" was certainly the word of the year. Coined to mean those stocks that gain sudden popularity on the internet with resultant high prices, it was used to derisively describe the behaviour of retail traders globally who entered the market in huge numbers in the two Covid-19 years. A recent study, "Market Concentration and Retail Participation in India", by the National Stock Exchange economics team led by their chief economist Tirthankar Patnaik shows unlike these impressions, the retail investors, at least in India, have not performed inconsistently.
While gold fell by Rs 250 to Rs 30,250 per ten grams, silver lost Rs 475 to Rs 49,025 per kg on reduced offtake by jewellers and industrial units.
PM Modi will arrive at 12.30 pm at the Ram Janmbhoomi and take part in various prayers including the main 'bhoomi pujan'. Govind Giriji Maharaj, treasurer of Shri Ram Janmbhoomi Teerth Kshetra Trust, said that the religious ceremonies will begin from 8.30 am in the morning and will continue till 12.30 pm.
At present, it is trading at around $1,004 an ounce in the international market, about $150 cheaper than gold
The government has not given any concrete assurance on the rollback of excise duty.
During 2012-13, the gems and jewellery exports declined by 9.4 per cent year-on-year to $39 billion due to sluggish demand in traditional markets.
Just as the superstars of Indian cricket only play IPL and international fixtures and ignore the Ranji and Mushtaq Ali trophies in domestic cricket, Narendra Modi should play a very limited role in state assembly elections, argues Sudhir Bisht.
Collectors are interested not only in currency notes which are out of circulation but also those which are currently in use. Of course, they must have some special feature to be of interest to a collector.
'I reached Bhopal the day after the gas tragedy; the smell was still in the air. It was a professional hazard but I was not scared.'
Summary of sports events and persons who made news on Friday
Investments need not be a fixed list of stocks and bonds. Believe it or not, it can be quite imaginative. We love to hear your views on this one.
The Forbes' annual ranking of fiction's very wealthiest.
No one on that glittery occasion could possibly have imagined that the Chinese were conspiring to invade India, nor could anyone have predicted that the seemingly benign Dalai Lama was plotting to flee Tibet and seek asylum in India. A fascinating excerpt from Sukanya Rahman's must-read Dancing In The Family: The Extraordinary Story Of The First Family Of Indian Classical Dance.
