Economy News

Gold Surges Towards ₹1.53 Lakh, Silver Hits ₹2.35 Lakh On MCX As Festive Demand, Global Cues Lift Prices

Gold posts 0.86 pc weekly gain amid expectations US Fed may hold rates

Gold prices rose 0.86 per cent weekly as weaker-than-expected US economic data strengthened expectations that the US Federal Reserve may keep interest rates unchanged. MCX gold futures gained 0.73 per cent on Friday to Rs 1,54,590, while silver rose 0.15 per cent to Rs 2,36,272 per kg. 29 days ago
India's forex reserves climb nearly $1 billion to $672.5 billion

India's forex reserves surge $14.1 billion to cross $707 billion mark

India's foreign exchange reserves surged by $14.136 billion during the week ended August 7, crossing the $707 billion mark, according to RBI data. The increase was mainly driven by a $9.946 billion rise in foreign currency assets to $574.625 billion and a $3.995 billion increase in gold reserves to $108.738 billion 29 days ago
Inflation burden eases further for India's farm, rural workers in September

India Retail Inflation Rises To 4.45% In July As Food Prices Stay Elevated

India's retail inflation increased to 4.45% in July, marking the fourth consecutive monthly rise, driven mainly by higher food prices. Food inflation climbed to 5.52%, with rural areas witnessing stronger price pressures. Prices of spices, vegetables and precious metals remained elevated, while some vegetable items provided limited relief Aug 12, 2026
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