Silver rate today: Silver prices surged for the third consecutive day on Wednesday, gaining Rs 3,000 to trade near a record high of Rs 1,57,000 per kilogram in the national capital amid global uncertainties and the prolonged US government shutdown.The white metal had closed at Rs 1,54,000 per kg on Tuesday and touched Rs 1,57,400…
The German government on Wednesday raised its growth projections, saying Europe’s largest economy is now expected to narrowly avoid stagnation in 2025 before accelerating to 1.3% in 2026. The previous forecast in April had predicted zero growth for 2025 this had been upgraded to 0.2%,, while the estimate for next year has been upgraded from…
Piyush Goyal (File photo/ANI) Commerce and Industry minister Piyush Goyal said on Wednesday that no power on earth can prevent India from becoming a developed nation by 2047, with the government taking multiple steps to boost infrastructure, domestic economy, and international trade.Speaking at the 6th edition of the Global Fintech Fest (GFF) in Mumbai, Goyal…
US President Donald Trump’s ‘Liberation Day’ tariffs have brought limited tariffs for the United States even after six months of introduction, former IMF deputy managing director Gita Gopinath said.In a post on X, the she explained that while the tariffs have significantly boosted government revenue, the gains have come largely at the expense of domestic…
The government has initiated the process of overhauling the legal framework governing social security and pension benefits for coal workers, with the coal ministry proposing a new law to replace the 77-year-old Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948.According to the ministry, the proposed Coal Mines Employees’ Provident Fund and Miscellaneous Provisions Bill,…
Tata Capital Ltd’s initial public offering (IPO) was fully subscribed on Wednesday, the final day of bidding. The Rs 15,512 crore share sale drew bids for 45.85 crore shares against 33.34 crore shares on offer, a subscription of 1.38 times, according to NSE data till 1:36 PM IST.Among investors, the Qualified Institutional Buyers (QIBs) category…
British PM Keir Starmer wants the Free Trade Agreement (FTA) agreement between India and UK to be implemented as soon as “humanly possible.”Speaking with delegates in Mumbai, Starmer described the deal as a major opening for both countries saying that it provides huge opportunities.The PM also mentioned that he had instructed his team to ensure…
DGGI commenced their investigation based on confidential information suggesting Infosys had sought improper ITC refunds. Infosys, India’s second-largest IT services exporter, has been issued a showcause notice over alleged ineligible refunds. The GST Intelligence wing (DGGI) has reportedly served Infosys with a notice questioning their claim of input tax credit (ITC) refunds amounting to Rs…
Bajaj Finserv has rebranded its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, launching the campaign “100% Bajaj. Made in India. Made for India. Made by India” to signal its commitment to policyholders, business partners, and expanding insurance penetration. The group has received regulatory approvals from the ROC, CCI, and IRDAI to acquire…
Asian stocks traded mostly in red on Wednesday following Wall Street’s first slump in eight days, losing streak after gold rallied to record high.Hong Kong’s HSI was down 287 points or 1%, reaching 26,669. Taiwan’s index also slipped down 129 points or 0.48%.Nikkei too traded in red, falling 31 points to 47,919 at 10 AM…
