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

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 the…

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Outward remittances fall to two-year low in Nov

MUMBAI: Outward remittances by resident Indians under the Liberalised Remittance Scheme fell in Nov 2025 to a two-year low partly because of a dip in education-related travel and also because of seasonality.Total outflows slipped to $1,937.2 million from $2,364.5 million in Oct, an ~18% sequential drop, and edged below $1,946.4 million in Nov 2024. The…

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Sensex swings 1.3k pts, ends below 82k

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 were…

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