Silver rate today: Silver scales Rs 1.5 lakh/kg for first time; safe-haven and industrial demand push gains

Silver rate today: Silver prices surged by Rs 7,000 on Monday to touch a record Rs 1,50,000 per kilogram in the national capital, marking a fourth consecutive session of gains, driven by robust global demand and safe-haven buying, according to the All India Sarafa Association.The white metal had ended the previous session at Rs 1,43,000…

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‘Unreasonable suppression’: China protests US export blacklist expansion; demands ‘immediate correction’

China issued a strong protest on Monday against the United States’ decision to broaden its export restriction catalogue, stating it would implement essential steps to protect Chinese companies’ rightful interests.The United States implemented stricter controls on Monday targeting firms in China and various nations that employ subsidiary operations to circumvent limitations on semiconductor manufacturing equipment…

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Diwali deals after GST 2.0: Are price cuts reaching your wallet? What you should check before buying items

Diwali shoppers may feel the excitement of GST 2.0, with headlines promising lower taxes on televisions, air-conditioners, cars, and other goods. At first glance, the new GST slabs — simplified to 5%, 18%, and 40% — appear to deliver a straightforward win for buyers. The government hopes the reform will reduce prices, simplify compliance, and…

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India-Russia trade ties: MoS Pabitra Margherita to visit Moscow; talks and apparel fair on agenda

Minister of state for external affairs and textiles, Pabitra Margherita will travel to Moscow this week for meetings with Russia’s Ministry of Industry and Trade and leading entrepreneurs from the textile and apparel sector, the Textile Ministry said on Monday.The visit, scheduled from October 1 to 3, comes at a time when India is scouting…

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RBI’s new norms brings flexibility for borrowers and banks

MUMBAI: The Reserve Bank of India (RBI) has set about easing lending norms while tightening its financial oversight. Its latest rules promise cheaper and more flexible loans for borrowers, wider access to credit against gold, and easier capital-raising avenues for banks. Draft proposals, meanwhile, would extend repayment terms, sharpen exposure limits and quicken credit reporting—measures…

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