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Silver, gold rally after 3-day slump on firm global cues, weak US dollar

February 3, 2026
Finance

New Delhi, Feb 3 (PTI) Silver and gold prices ended a three-day steep fall and rebounded sharply in the national capital on Tuesday, with the white metal surging Rs 24,000 to Rs 2.84 lakh per kg, while gold climbed to Rs 1.57 lakh per 10 grams amid firm global cues and weak US dollar. According to the All India Sarafa Association, silver prices soared Rs 24,000, or 9.23 per cent, to Rs 2,84,000 per kilogram (inclusive of all taxes). The metal had closed at Rs 2,60,000 per kg on Monday after slumping Rs 52,000. The rebound followed a steep three-day

‘PM completely surrendered to appease Trump’: Congress slams govt on India-US trade deal

February 3, 2026
Politics

New Delhi, Feb 3 (PTI) The Congress on Tuesday demanded that the Modi government should take Parliament into confidence on the details of both the EU and US trade deals, while alleging that Prime Minister Narendra Modi has “completely surrendered to appease” US President Donald Trump at the cost of India’s farmers. Congress general secretary in-charge communications Jairam Ramesh, pointing to Trump’s statement that the India-US trade deal was coming into effect immediately at Modi’s request, claimed that the “request was no doubt made to create diversionary headlines because his cowardice and capitulation to China had been exposed by Rahul

India’s Modi praised for US trade deal as opposition questions impact on agriculture

February 3, 2026
Finance

NEW DELHI, February 3, 2026 (AP) — Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi on Tuesday for striking a deal with the U.S. that seeks to reduce tariffs on Indian goods, while the opposition raised questions on the impact on sensitive sectors such as agriculture. President Donald Trump on Monday announced he plans to reduce import tariff on India, six months after imposing steep taxes to punish New Delhi for its unabated purchase of Russian oil that he claimed helped fuel Moscow’s war machine against Ukraine. In a social media post, Trump said Modi has agreed

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

February 3, 2026
Finance

Mumbai, Feb 3 (PTI) The Indian rupee emerged as the best-performing Asian currency on Tuesday, registering a gain of 122 paise or 1.33 per cent in a single trading session to settle at 90.27 (provisional) against the US dollar, after India and the US agreed to a trade deal. Forex traders said the Indian rupee rose to the highest levels in two and a half weeks and rallied by around 1.5 pc on the trade deal between India and the US. Domestic indices also surged by around 2.75 per cent, boosting domestic market sentiments. Further, weakness in crude oil prices

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