Rupee up 26 paise at open as RBI support boosts sentiment

'Govt not losing sleep': CEA Nageswaran allays fears over depreciation in rupee

The rupee has depreciated about 5 per cent against the US dollar in 2025 in the wake of global economic uncertainties triggered by the US tariff hike on India's exports. The RBI has been intervening to prop the rupee against excessive volatility by selling US dollars in the market, but this cannot be done beyond a point due to the forex constraints. Dec 3, 2025
Prada Group buys Versace in $1.37 billion deal

Prada Group buys Versace in $1.37 billion deal

The deal marks the end of Versace's ownership under Capri Holdings, the US-based luxury group that had controlled the brand through the post-pandemic years. Capri Holdings said the money received from the sale will be used to repay most of its debt, a step that will strengthen its financial position and improve its flexibility for future investments. Dec 2, 2025
Gold, silver prices dip on MCX ahead of US Fed meeting

Gold, silver prices rise on strong demand

Meanwhile, the US dollar is set for its sharpest weekly fall in four months, as expectations of a US Fed rate cut continue to strengthen, further supporting precious metal prices. MCX Silver continues to display strong bullish behaviour after forming a rounded base pattern, reflecting healthy accumulation and a confirmed trend shift. Nov 28, 2025
Gold, silver hit record highs as global uncertainty fuels demand

Gold, silver prices decline as stronger dollar weighs on demand

Silver prices also slipped, with MCX Silver December contracts down 0.38 per cent at Rs 1,55,424 per kg. "Gold has support at $4035-4000 while resistance at $4115-4140. Silver has support at $50.30-49.85 while resistance is at $51.25-51.50," market experts said. Nov 17, 2025