Gold & silver price prediction today: Will gold rate stay above Rs 1 lakh mark – what’s the outlook and should you buy or sell?

Gold price prediction: With positive momentum building, and strong global cues, MCX Gold may continue its northward journey in the near term. (AI image) Gold and silver price prediction today: Gold prices may test the Rs 101,700 levels in the near future on the back of overall bullish sentiments, say analysts. Silver prices too suggest…

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Foreign spends continue to decline, fall to $2.3bn in May

MUMBAI: Indians are sending less money abroad. Under the liberalised remittance scheme (LRS), overseas remittances by resident individuals fell to $2.3 billion in May 2025 from $2.5 billion in April. This marks a further decline from the average monthly outflow of $2.5 billion in FY25 and $2.8 billion in FY24.While sending money abroad for education…

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Impact of trade war & tariffs: ADB cuts India’s FY26 outlook; GDP growth forecast cut to 6.5%

Representative image (ANI) The Asian Development Bank (ADB) on Wednesday lowered its forecast for India’s GDP growth for FY26 from 6.7 percent to 6.5 percent, citing uncertainty in global trade and the effect of higher US tariffs on Indian exports and investment flows“This revision is primarily due to the impact of US baseline tariffs and…

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Syngene Q1 profit up 59% to Rs 87 crore

BENGALURU: Syngene International, a subsidairy of Biocon, reported a 59 per cent year-on-year increase in profit after tax to Rs 87 crore in the first quarter ended June 2025, aided by revenue growth and a tax benefit from the transfer of gratuity funds to an employee trust. Revenue from operations rose 11 per cent to…

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Good Glamm breaks up as lenders initiate brand-wise asset sale

BENGALURU: Good Glamm Group’s managing director and CEO Darpan Sanghvi has confirmed that the company will no longer operate as a single consumer goods entity, with lenders now enforcing their charge over individual brands in the portfolio.In a LinkedIn post, Sanghvi said the group structure will be dismantled and assets sold separately, following failed attempts…

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Geo-economy alert: RBI warns of rising tariff era; says resilient trade ties vital for India’s global play

India’s efforts to strengthen its global trade ties, including the upcoming free trade agreement (FTA) with the UK, present a timely strategic opportunity amid rising global uncertainties, the Reserve Bank of India (RBI) has said. In its July bulletin released on Wednesday, the central bank noted that building resilient trade partnerships could help India deepen…

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