Gold trades near $4.9k/oz, silver at $95/oz

[ad_1] MUMBAI: Unabated rally in gold and silver prices continued with the yellow metal trading near the $4,900 per-ounce mark, an all-time high level while the white metal traded near the $95/oz mark. Geopolitical uncertainties and trade-related disruptions are the main factors for the rally in gold. In addition, demand for silver outstripping supply around…

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Sensex swings 1.3k pts, ends below 82k

[ad_1] MUMBAI: Dalal Street witnessed extreme volatility on Wednesday with the sensex rallying from more than 1,000 points down to over 300 points up within a couple of hours. The index finally settled 271 points down at 81,910 points, its first close below the 82,000 mark since Oct 8 last year.Geopolitical and global economic factors…

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Atal Pension Yojana to continue up to 2030-31

[ad_1] NEW DELHI: Union cabinet on Tuesday approved the continuation of Atal Pension Yojana (APY) up to 2030-31, along with extension of funding support for promotional and developmental activities and gap funding. PM Narendra Modi said the decision will ensure old-age income security for low-income group and workers in unorganised sector. APY offers a guaranteed…

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Despite global headwinds India to remain fastest-growing economy: RBI

[ad_1] MUMBAI: RBI has said that the first advance estimates of real GDP growth for 2025-26 reflected the resilience of the Indian economy, driven by domestic factors amid a challenging external environment, adding that high-frequency indicators for December pointed to continued buoyancy in growth impulses with demand conditions remaining upbeat.In its State of the Economy…

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Local audit push: CAG flags capacity gaps, calls for stronger PAIs and tech-led audits

[ad_1] The Comptroller and Auditor General of India has called for strengthening the institutional framework, professional capacity building and audit practices of primary auditing institutions (PAIs) responsible for local governments, highlighting the need to improve audit quality and transparency at the grassroots level, PTI reported.The call came at the conclusion of a three-day national workshop…

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Trump tariff war: What is Europe’s ‘trade bazooka’? How it could hit US

[ad_1] Photo credit- AP Rattled by US President Donald Trump’s remarks linked to Greenland, the European Union is weighing possible countermeasures against Washington, reviving debate over its so-called “trade bazooka” — a powerful but rarely used economic tool formally known as the Anti-Coercion Instrument (ACI).While the issue has resurfaced at the highest political levels, most…

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India cracks Smirnoff global top five: Diageo

[ad_1] BENGALURU: India has broken into the top five global markets for Smirnoff, driven by strong traction from flavour-led innovations such as Minty Jamun, Praveen Someshwar, chief executive of Diageo India, told analysts on Tuesday.“Smirnoff flavours, specifically Minty Jamun, have emerged as a breakthrough innovation, validating our India-first flavour strategy and becoming the primary growth…

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