Silver Rate Drops 10% on COMEX; Gold Prices Decline
Silver prices fell sharply on February 5, with COMEX silver crashing 10% and MCX silver dropping 6%. Gold prices also decreased in domestic markets. International spot prices showed mixed trends.
Category : Business
Nagpur 12th in India for Mutual Fund Investments at Rs35,546 Crore
Nagpur emerges as India's 12th city in mutual fund collections with Rs35,546 crore. Maharashtra sees 20% growth to over Rs33.76 lakh crore. Franklin Templeton launches 'Change the Soch' campaign targeting women investors across smaller towns.
Nifty 50 Gains 48 Points, Bank Nifty Up 196 Points in Sideways Trade
Indian stock markets displayed cautious optimism on Wednesday with Nifty 50 closing at 25,776 and Sensex at 83,817. Sectoral performance varied with Consumer and Oil indices rallying while IT corrected sharply. Expert analysis reveals key support and resi
February Dividend Stocks: PSUs, NTPC, Nestle, NALCO, SIS, Manappuram
Investors eye upcoming dividend stocks in February, including PSUs like REC, NTPC, and NALCO, along with Nestle, SIS, and Manappuram Finance. Check ex-dates and payout amounts for potential income opportunities.
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Gold Hits Record Highs, Kalyan Jewellers Stock Near 52-Week Low
Gold prices have surged 162% since February 2024, but Kalyan Jewellers stock has significantly underperformed due to corporate governance concerns and high valuations.
Boeing Lays Off 300 Defense Workers, Shifts Jobs to South Carolina
Boeing announces 300 layoffs in its defense division's supply chain while maintaining 1,300 job openings. The company is consolidating engineering work to South Carolina amid broader industry job cuts.
Gold & Silver Prices Rebound After Crash: Safe Haven Demand
Gold and silver prices have rebounded sharply after a major crash, with geopolitical uncertainties and central bank buying supporting safe haven demand. Experts predict record highs in 2026.
Noida Launches One-Time Tax for Commercial Vehicles
Commercial vehicle owners in Noida can now pay a one-time tax instead of recurring payments. The new system aims to reduce revenue losses and penalties.
Nuvama's Top Stock Picks: Petronet, MRPL, CCL
Aakash K Hindocha of Nuvama recommends Petronet, MRPL, and CCL as top buy calls. Analysis includes Nifty and Bank Nifty outlook with technical targets for February 5, 2026.
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Lucknow Green Corridor Stretch Opening Feb 22 for Traffic Relief
The Daliganj to Samta Mulak section of Lucknow's Green Corridor is set to open on February 22, significantly reducing congestion and travel times across key city areas.
Andhra's Lambasingi to Become New Saffron Hub Like Kashmir
Andhra Pradesh government announces large-scale saffron cultivation in Lambasingi, known as 'Kashmir of the South', through PPP model with tribal community participation and incentives for private investors.
Indian IT Stocks Plunge on AI Fears, US Tech Selloff
Indian IT stocks faced heavy selling pressure on Wednesday, February 4, mirroring a US tech selloff and concerns over new AI tools from Anthropic. Analysts suggest the reaction may be extreme, with potential stabilization ahead as fundamentals remain inta
RBI to Keep Repo Rate Unchanged Amid Currency Volatility: SBI
The Reserve Bank of India is expected to maintain the repo rate unchanged in its upcoming policy review, as per an SBI report, citing pressures from currency volatility and rising bond yields.
Stock Market Today: Flat Opening Expected for Nifty, Sensex
Indian stock market indices Nifty 50 and Sensex are likely to open flat on Thursday, influenced by mixed global cues and Gift Nifty trends. Key stocks to watch include Bharti Airtel, Tata Motors, and Nykaa as they announce Q3 results.
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Stock Market Update: Nifty, Sensex Edge Up; Gold, Silver Rally
Indian stock markets traded sideways to positive on Wednesday with Nifty 50 and Sensex posting gains. Gold and silver rates surged in early Asian trade. Experts provide outlook on indices, rupee, and stock recommendations.
Nagpur Vegetable Strike May Disrupt Supply, Hike Prices
A strike by bulk traders at Nagpur's Kalamna APMC yard could disrupt vegetable supply, potentially causing prices of common vegetables like tomatoes and peas to rise significantly.
Noida's Rs 26 Crore Skywalk in Sector 62 to Reduce Accidents
Noida Authority begins construction of a 530-metre skywalk in Sector 62 to create a safe pedestrian corridor above the roundabout, aiming to reduce accidents and congestion for thousands of daily commuters.
Gold, Silver Prices Rally Over 1% on Global Tensions
Gold and silver prices in the international market traded higher on Thursday, with spot gold rising 1.1% to $5,016.89 per ounce and silver rallying 2.1% to $89.88, driven by geopolitical and economic uncertainties.
Massive Fire at Dewas Factory, No Casualties Reported
A massive fire broke out at GG Automotive Gear Company in Dewas Industrial Area, causing extensive damage. Firefighters battled intense flames for hours, preventing spread to nearby units.
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Pune Crash Spurs Private Aviation Safety Queries
Following the fatal Baramati crash involving Maharashtra deputy CM Ajit Pawar, private aviation companies report unprecedented client queries about aircraft safety, pilot credentials, and emergency protocols.
Farmers' Trade Fair Starts Tomorrow in Bengaluru
An international trade fair for farmers is set to begin tomorrow in Bengaluru, Karnataka, offering a platform for agricultural exchange and showcasing innovations.
Banking Committee Priorities: Strengthening India's Financial System
The newly announced high-level banking committee should prioritize strategic liability management and robust grievance redressal mechanisms over new bank licenses and PSB mergers to align India's banking sector with national growth ambitions.
India-China Trade Hits $155.6B Record in 2025
India-China bilateral trade surged to a record $155.6 billion in 2025, growing 12% despite widening trade deficit. Analysis explores if US tariff policies could reshape global trade dynamics in India's favor.
Gaya Station Block: Train Routes Changed for 45 Days
A 45-day operational block at Gaya railway station for redevelopment work from Feb 5 to March 21 leads to route diversions and schedule changes for multiple trains in the Lucknow division.
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UP Govt Earmarks Rs 3,000 Crore for Affordable Housing in 4 Cities
Uttar Pradesh government has approved nearly Rs 3,000 crore for developing affordable housing townships in Agra, Mathura-Vrindavan, Moradabad, and Bagpat. The funds will create modern residential layouts with essential amenities.
Budget 2026 May Deepen Inequality, Warn Economists
Economic analysis reveals Union Budget 2026's expenditure cuts in crucial sectors and changes in financial devolution could exacerbate inequality and regional disparities across India.
Indian Stock Market: Sensex, Nifty 50 Likely Flat Start
Indian stock market benchmarks Sensex and Nifty 50 are expected to open flat on Thursday, influenced by global market trends. Analysts provide key support and resistance levels for trading strategies.
Indian Stock Market: Flat Opening Expected Thursday
Indian stock markets are likely to open flat on Thursday following weak global cues. Sensex and Nifty closed marginally higher on Wednesday, while specific stocks like Bharti Airtel and Tata Power will be in focus due to quarterly results.
Kremlin Rejects Trump's India-Russia Oil Claims
Russia dismisses Trump's claims that India agreed to halt Russian oil purchases, stating India's energy diversification is longstanding. Experts note technical and volume challenges in replacing Russian crude.
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4 Arrested in Rs 1.42 Crore Bank of India FD Fraud in Kanpur
Uttar Pradesh Police EOW arrests four individuals for Rs 1.42 crore banking fraud involving premature FD encashment at Bank of India's Kanpur branch. Investigation reveals collusion with bank staff.
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