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Economy / IBTimes

Gold touches Rs 1.38 lakh, silver surges to Rs 2.52 lakh in 2026 amid strong industrial and investor demand

MCX Silver contracts for March expiry showed significant surge during the week surging to Rs 2,52,002 per kg, confirming a decisive breakout from its recent consolidation range and re-entering a strong bullish channel.

10 Jan 2026 4:31 pm
PhonePe PG Bolt removes CVV step for repeat card transactions; here's how it works

This feature allows users to tokenise their Mastercard and Visa cards once on the PhonePe app, enabling them to use their saved cards across any merchant integrated with PhonePe PG instead of having to tokenise their card separately with every merchant.

10 Jan 2026 3:07 pm
Tighter H-1B norms, AI investments in focus as IT firms report Q3 numbers

Earnings from Reliance Industries Ltd will be another major trigger next week, given its significant weight in the indices. Investors will watch trends across the energy, retail and telecom businesses, with guidance on demand, margins and capex likely to drive sentiment, said market watchers.

10 Jan 2026 12:13 pm
Exports of K-beauty products hit all-time high in 2025: Data

The number of countries importing South Korean cosmetics reached 202 in 2025, up from 172 in 2024. Shipments to Europe, the Middle East, Southwest Asia and Latin America continued to grow, while the shares going to the U.S. and China have declined, the ministry said.

9 Jan 2026 11:18 pm
Budget 2026-27 must focus on jobs, jobs and jobs: Mohandas Pai

Pai pointed out that 1.2 to 1.4 crore new people are joining EPFO, paying money with Aadhaar. Don't believe all these leftist JNU people who say there are no jobs. The jobs are happening,

9 Jan 2026 4:36 pm
SIP inflows at new record high of Rs 31,002 crore in Dec: AMFI data

The monthly mutual fund SIP inflows reached a new record high in December at Rs 31,002 crore, compared to Rs 29,445 crore in November. The SIP investments rose by 5 per cent and 17 per cent on a monthly and yearly basis, respectively.

9 Jan 2026 3:11 pm
Sensex, Nifty open lower amid fresh concerns over US tariffs

As of 9.29 am, Sensex slipped 107 points, or 0.13 per cent to 84,073 and Nifty eased 26 points, or 0.10 per cent to 26,850. Main broad cap indices posted stronger losses compared to benchmark indices, with the Nifty Midcap 100 down 0.29 per cent, while the Nifty Smallcap 100 lost 0.84 per cent.

9 Jan 2026 12:14 pm
BJP credits PM Modi's vision as India estimated to grow 7.4 pc in FY26; Oppn calls economy 'dead'

RJD spokesperson Mrityunjay Tiwari said that while GDP growth figures may appear encouraging, they do not reflect the lived reality of ordinary citizens. GDP growth is one thing, but the condition of the poor and common people is entirely different. There is a huge gap between these figures and reality. The pockets of the poor are empty, people are distressed, and common citizens are suffering, he said.

8 Jan 2026 5:23 pm
India's FY26 growth likely to be stronger than NSO estimate: Morgan Stanley

The report from Morgan Stanley estimated real GDP growth at 7.6 per cent yearonyear for FY26 -- above the NSO's first advance estimate which pegged real GDP growth at 7.4 per cent YoY.

8 Jan 2026 4:19 pm
Zomato, Blinkit parent Eternal gets Rs 3.7 crore GST demand order

According to the filing, the company received the order on January 6, 2026, confirming a GST demand of Rs 1.92 crore, along with interest of Rs 1.58 crore and a penalty of Rs 19.24 lakh, taking the total amount to Rs 3,69,80,242.

7 Jan 2026 6:28 pm
Share of salaried taxpayers earning over Rs 30 lakh a year surges in 2025: Report

This reflects strong upward mobility within the middle and upper-middle class, data compiled by ClearTax showed. The findings are part of ClearTax's annual report, 'How India Filed in 2025', which analysed millions of income tax returns to understand how Indians are earning, investing, and building wealth.

7 Jan 2026 3:02 pm
Gold, silver rally as US-Venezuela tensions spark safe-haven buying

Silver prices also surged sharply after ending Friday's session on a subdued note. The March silver futures contract on MCX jumped by Rs 13,584 per kilogram to hit a day's high of Rs 2,49,900, up from the previous close of Rs 2,35,873.

6 Jan 2026 1:06 pm