Business

Capital markets regulator Securities and Exchange Board of India (Sebi) on Thursday revised the valuation methodology for physical gold and silver held by mutual fund schemes, mandating the use of polled spot prices published by recognised stock exchanges for determining their value.The new framework will come into effect from April 1, 2026.“It has been decided…

Gold’s long-term outlook remains bullish as global de-dollarisation, rising fiscal stress and escalating geopolitical tensions reshape the global financial order, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).In its latest Precious Metals Quarterly Report, the brokerage said gold prices crossed the $5,000 per ounce mark in early 2026, marking one of the…

Domestic benchmark equity indices ended nearly flat on Thursday amid profit booking in select heavyweights and mixed global cues.At closing, the 30-share BSE Sensex slipped 27 points, or 0.03 per cent, to settle at 82,248.61, while the Nifty 50 edged up 14 points, or 0.06 per cent, to close at 25,496.55.The Nifty 50 had opened…

Gold prices on Thursday declined in the futures market, amid a fall in spot demand. Gold contracts for April delivery on the Multi-Commodity Exchange fell by Rs 539, or 0.33 per cent, to Rs 1,60,606 per 10 grams, with a business turnover of 647 lots. According to news agency PTI, analysts attributed the fall to…

Air passengers can now cancel or modify their tickets without paying additional charges within 48 hours of booking, subject to certain conditions, after the Directorate General of Civil Aviation (DGCA) revised refund norms. Under the amended civil aviation requirements (CAR) for ‘Refund of Airline Tickets to Passengers of Public Transport Undertakings’, airlines have also been…

Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…

Commerce and Industry Minister Piyush Goyal on Thursday met with US Commerce Secretary Howard Lutnick and Ambassador Sergio Gor to discuss ways to expand the trade relationship between India and the United States.Goyal confirmed the talks in a statement on X, confirming discussions on trade expansion. “Hosted US Secretary of Commerce Howard Lutnick & US…

PM Modi with Canadian PM Mark Carney (file photo) Canadian Prime Minister Mark Carney’s upcoming visit to India may prove to be a turning point in bilateral ties between the two countries after three years. Carney will be in India from February 27 to March 2, 2026.Ties between the two countries had deteriorated sharply in…

2 March Uttar Pradesh Holika Dahan 3 March Maharashtra, Madhya Pradesh, Uttarakhand, Assam, Telangana, Rajasthan, West Bengal, Goa, Bihar, Jharkhand, Kerala, Andhra Pradesh Holi (Second Day) / Dol Jatra / Dhulandi / Holika Dahan / Attukal Pongala 4 March Tripura, Gujarat, Mizoram, Odisha, Chandigarh, Uttarakhand, Manipur, Arunachal Pradesh, Jammu & Kashmir, Uttar Pradesh, Delhi, Bihar,…

Gold appears set to continue its advance toward the 170,000 level in the coming sessions. (AI image) Gold and silver price prediction: Gold prices are exhibiting a bullish bias, while silver prices face resistance, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the weekly chart, MCX…