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Gold price tumbles Rs 4,800 to Rs 1.54 lakh/10g, silver drops Rs 5,300

June 17, 2026
Finance

New Delhi, Jun 17 (PTI) Gold prices plunged by Rs 4,800 to Rs 1.54 lakh per 10 grams in the national capital on Wednesday, while silver dropped by Rs 5,300, as traders stayed away from precious metals amid a strong rupee and weak global trends. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity depreciated Rs 4,800 to Rs 1,54,400 per 10 grams (inclusive of all taxes). It had closed at Rs 1,59,200 per 10 grams in the previous session. Silver also weakened sharply, falling by Rs 5,300 to Rs 2,55,400 per kilogram (inclusive

Putin hosts leaders of Southeast Asia at Russia-ASEAN summit

June 17, 2026
Politics

MOSCOW, June 17, 2026 (AP) — Russia’s President Vladimir Putin is hosting leaders of the Association of Southeast Asian Nations at a summit that opens Wednesday, seeking to bolster business and other ties with members of the regional bloc. The two-day Russia-ASEAN summit, which is held in Kazan, is set to consider ways to expand Russia’s “strategic partnership” with ASEAN that includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, East Timor and Vietnam. The regional bloc has maintained relations with Moscow as a “dialogue partner” and engaged Russian officials in annual top-level meetings. The summit in Kazan

Rupee rises 10 paise to close at 94.50 against US dollar

June 17, 2026
Finance

Mumbai, Jun 17 (PTI) The rupee appreciated 10 paise to close at 94.50 (provisional) against the US dollar, as Brent crude oil prices and the US dollar index retreated further from their elevated levels. Forex traders said the rupee opened on a positive note as Brent crude has fallen below USD 79 per barrel, with markets pricing in the reopening of the Strait of Hormuz following the US-Iran peace framework. Moreover, positive domestic equities supported investor sentiments further. At the interbank foreign exchange, the rupee opened at 94.46 against the US dollar and traded in the range of 94.29-94.60. Eventually,

Stock markets extend rally to 4th day as easing crude oil prices fuel buying

June 17, 2026
Finance

Mumbai, Jun 17 (PTI) Stock market benchmark indices Sensex and Nifty ended higher on Wednesday, taking their winning run to the fourth straight session, buoyed by softening crude oil prices following a peace deal between the US and Iran. The 30-share BSE Sensex climbed 347.14 points, or 0.45 per cent, to settle at 77,155.62. During the day, it jumped 410.51 points, or 0.53 per cent, to 77,218.99. The 50-share NSE Nifty rallied 96.55 points, or 0.40 per cent, to end at 24,085.70. Intraday, the benchmark advanced 119.05 points, or 0.49 per cent, to 24,108.20. Among the 30 Sensex firms, Trent

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