The global precious metals market faced a massive reversal on Thursday as both gold and silver prices tumbled from historic peaks. Silver, which recently touched a record high of Rs 4,20,000 in India and 121 dollars per ounce internationally, saw a sharp correction that wiped out significant
The Indian metals and mining sector is expected to remain in favour during 2026, driven by supportive global macro factors, strong domestic demand, and recent policy interventions like safeguard duties, according to a report by HSBC Global Investment Research.
Looking ahead, economists cautioned that while global commodity prices such as oil and base metals are currently under pressure, risks remain from currency depreciation and potential geopolitical tensions, which could push input costs higher and add upside risks to inflation in the coming mo
Addressing silver price movements, Sayeed explained that commodity prices are driven by both demand and scarcity. "Certain countries have taken steps to restrict the export of precious metals and certain other commodities. As the scarcity of the commodity is there and the demand will be t
The Sensex was down 604.72 points or 0.72% at 83,576.24, while the Nifty was down 193.55 points or 0.75% at 25,683.30. Among the sector, PSU Banks, Oil & Gas, IT, PSE, and Metals remained strong footed, while weakness was seen in Realty, Private Banks, Financial Services, FMCG, and Consumer
According to Bank of Baroda Economic Research, new investment announcements during the first nine months of FY26 rose to Rs 26.62 lakh crore, higher than the Rs 23.88 lakh crore recorded in the same period last year.
"Our refined copper balance for 2026 is now showing a deficit of around 600kt for 2026, following a deficit of around 200kt in 2025", the report stated.
The Central Bureau of Investigation (CBI) has busted a bribery racket in the office of Central Goods & Services Tax, (CGST) Jhansi, Uttar Pradesh during an operation launched on Tuesday, and has arrested a Deputy Commissioner (IRS-C&IT), two Superintendents, an Advocate and the ow
Mumbai (Maharashtra) [India], December 25: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leading coated steel metal manufacturer and exporter, specialized in Galvanised & Pre-painted Steel in both coil and sheet forms, has undertaken a planned shutd
Indian Metals and Ferro Alloys (IMFA) is gearing up to enter the critical minerals sector by participating in upcoming auction processes for mineral blocks in the country, the company's Managing Director, Subhrakant Panda, has said.
Indian Metals and Ferro Alloys (IMFA) is set to become India's largest and the world's sixth-largest ferro chrome producer following its acquisition of Tata Steel's Kalinganagar ferro chrome plant, which is expected to be completed by January 2026, Subhrakant Panda, Managing Director of Indi