Gold drops Rs 400 to Rs 1,00,020/10 g, silver plunges Rs 1,500

Gold drops Rs 400 to Rs 1,00,020/10 g, silver plunges Rs 1,500

Gold prices dropped Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday due to continuous selling by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 1,00,420 per 10 grams in the previous market close. In the local market, … Read more

Kissht operator OnEMI Technology Solutions files IPO papers with Sebi to raise Rs 1,000 crore from fresh issue

Kissht operator OnEMI Technology Solutions files IPO papers with Sebi to raise Rs 1,000 crore from fresh issue

Mumbai-based OnEMI Technology Solutions that operates India’s digital lending platform (Kissht), a technology-enabled lender in India has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). About OnEMI Technology Solutions IPO The IPO, with a face value of … Read more

Gold plunges Rs 1,000 amid sell-off in global markets

Gold plunges Rs 1,000 amid sell-off in global markets

Gold prices plunged Rs 1,000 to Rs 1,01,520 per 10 grams in the national capital on Tuesday in line with a sell-off in global markets, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity had settled at Rs 1,02,520 per 10 grams. In the local markets, gold … Read more

Novelis Q1 Results: Net income slumps 36% to $96 million, sales sees 13% growth

Novelis Q1 Results: Net income slumps 36% to  million, sales sees 13% growth

Novelis Inc, the wholly-owned subsidiary of Hindalco Industries, has reported a 36% year-on-year fall in its net income for the June quarter at $96 million. Excluding special items, the bottomline was 43% lower compared to the previous year at $116 million. The US-based aluminium-maker’s net sales were 13% higher compared to the previous year at … Read more

Gold retreats from all-time high, ends Rs 900 lower at Rs 1,02,520/10g

Gold retreats from all-time high, ends Rs 900 lower at Rs 1,02,520/10g

Snapping a five-day rally, gold prices retreated from record high levels and ended Rs 900 lower at Rs 1,02,520 per 10 grams in the national capital on Monday as stockists turned to selling amid easing geopolitical tensions. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had climbed Rs … Read more

Gold climbs Rs 800 to scale new record of Rs 1,03,420 per 10 gram

Gold climbs Rs 800 to scale new record of Rs 1,03,420 per 10 gram

Gold prices climbed by Rs 800 to hit a fresh all-time high of Rs 1,03,420 per 10 grams in the national capital on Friday due to persistent buying by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity added Rs 3,600 in the preceding session to hit a … Read more

Hybrid Funds: A smart counterweight in volatile markets?

Hybrid Funds: A smart counterweight in volatile markets?

Since October 2024, the Indian stock market has been very volatile, with corrections, global disruptions, and a growing gap between fundamentals and valuations. As of February 2025, benchmark indices like the Sensex and Nifty 50 are down 10–11% from their highs, which means they have lost most of the gains they made in the last … Read more

Hybrid Funds: A smart counterweight in volatile markets?

Hybrid Funds: A smart counterweight in volatile markets?

Since October 2024, the Indian stock market has been very volatile, with corrections, global disruptions, and a growing gap between fundamentals and valuations. As of February 2025, benchmark indices like the Sensex and Nifty 50 are down 10–11% from their highs, which means they have lost most of the gains they made in the last … Read more

Mumbai rains: IMD issues orange alert for State capital, red alert for Vidarbha region

Mumbai rains: IMD issues orange alert for State capital, red alert for Vidarbha region

A man walks on the Marine Drive promenade in heavy rains in Mumbai on July 22, 2025 | Photo Credit: Emmanual Yogini India Meteorological Department (IMD) on Friday (July 25, 2025) issued an ‘orange’ alert for Maharashtra’s Mumbai, Pune, Thane, Nagpur and Wardha districts, while a red alert has been issued in Raigad, Ratnagiri and … Read more

SK Finance loan book jumps 27 pc to Rs 13,261 cr in FY25; eyes Rs 2,200 cr via IPO

SK Finance loan book jumps 27 pc to Rs 13,261 cr in FY25; eyes Rs 2,200 cr via IPO

Jaipur-based SK Finance Ltd, a non-banking financial company has reported 27% rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year. Despite weathering industry headwinds in FY25, SK Finance stayed resilient, delivering an impressive performance backed by robust demand and focused expansion, according to company’s … Read more