Silver has outperformed gold in May. Is it the next big thing to bet on?

Silver has outperformed gold in May. Is it the next big thing to bet on?

Silver is possibly the most sought-after metal in the market right now. It is trading between `91,000-95,000 per kg. In fact, it has outperformed both gold and the BSE Sensex in May. This surge can be attributed to several factors, including the ripple effect of high gold prices leading to an increased demand for silver. … Read more

‘No consensus among States on scrappage policy’

‘No consensus among States on scrappage policy’

The State governments are not ready to lose 25% of their revenue, which can be as high as ₹1,000 crore per annum, say sources in Transport Department The State governments are not ready to lose 25% of their revenue, which can be as high as ₹1,000 crore per annum, say sources in Transport Department A … Read more

France’s Renault scraps investment in new diesel engine

France’s Renault scraps investment in new diesel engine

French carmaker Renault will not invest in developing a new engine to fit the last generation of diesel vehicles it will produce and will instead adapt its existing model, Chief Executive Luca de Meo told shareholders on Friday. Auto groups are accelerating an overhaul away from diesel and into electric cars, encouraged by more stringent … Read more