Silver spot price tops Rs 3L/kg mark

HYDERABAD: Silver extended its rally on Monday, crossing the Rs 3 lakh-per-kg mark for the first time on the MCX. The March contract hit an all-time high of nearly Rs 3.1 lakh, continuing a surge that began in 2025 and has carried into 2026.In Delhi, spot silver prices were quoting at Rs 3,04,500 as against…

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IMF raises FY26 growth forecast to 7.3% from 6.6%

NEW DELHI: The IMF on Monday raised India’s GDP growth estimates for 2025-26 to 7.3% from the earlier projection of 6.6% due to strong third and fourth quarter expansion. The latest estimate is slightly below the 7.4% growth projected by the country’s statistics office for the current fiscal year that ends in March and matches…

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Ceat gains traction in Europe: CEO

NEW DELHI: Tyre maker Ceat said its main focus is to grow its overseas business, with Europe emerging as a key market despite rising geopolitical tensions and renewed global tariff concerns. Ceat MD and CEO Arnab Banerjee said its international business gives better profit margins than tyres sold to consumers as replacements or to car…

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Shadowfax raises Rs 856cr from anchors

BENGALURU: Logistics firm Shadowfax Technologies has raised Rs 856 crore from anchor investors, a day before its IPO opens for public subscription, according to a stock exchange filing. The company allotted 6.9 crore equity shares to 39 anchor investors at Rs 124 each, the upper end of the IPO price band.Domestic mutual funds accounted for…

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Ola Electric CFO exits, co names successor

BENGALURU: Ola Electric on Monday announced the appointment of Deepak Rastogi as its chief financial officer, effective Tuesday, after incumbent CFO Harish Abichandani stepped down citing personal reasons, according to stock exchange filings. The company’s stock fell 4% on Monday. TNN Source link

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Wanted: Fresh graduates with AI, data skills

BENGALURU: Volume hiring is giving way to skills-led recruitment as tech firms narrow fresher intake to specialised roles. Even as entry-level hiring slows, companies are offering packages ranging from Rs 16 lakh to Rs 55 lakh for niche fresher roles, underscoring how skills are increasingly trumping volume. Firms are wooing select freshers with higher pay…

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