Metal prices likely to keep upward pressure on WPI in coming months: Union Bank of India

Metal prices likely to keep upward pressure on WPI in coming months: Union Bank of India

Metal prices are likely to keep pushing up the Wholesale Price Index (WPI) in the coming months, according to a report by Union Bank of India. Despite a drop in WPI in April 2025, metals have shown a sequential pickup, indicating they may continue to influence the inflation trend. The report said “While food prices … Read more

Gold, silver price on June 5: Yellow metal prices inch higher after sell-off in last session

Gold, silver price on June 5: Yellow metal prices inch higher after sell-off in last session

Gold prices on the MCX hovered at Rs 72,077 per 10 grams on Wednesday, hitting an intraday low of Rs 71,811. In the international market, prices maintained a similar trend, hovering around $2,331.12 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 89,799 per kg and … Read more

Maruti’s premium valuation hinges on margin recovery

Maruti’s premium valuation hinges on margin recovery

ET Intelligence Group: Objects in the rear-view mirror are closer than they appear. This standard disclaimer might help explain why Suzuki, which sells one of every two cars running on Indian roads, has struggled lately to stay ahead of galloping input-cost inflation. Margins slumped to a multi-year low in the September quarter at the maker … Read more