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Silver hits Rs 1.5 lakh/kg for first time; gold surges Rs 1,500 to record Rs 1,19,500/10g

New Delhi, Sep 29 (PTI) Silver prices on Monday soared by Rs 7,000 to hit an all-time high of Rs 1.5 lakh per kilogram in the national capital, while gold also scaled a new peak of Rs 1,19,500 per 10 grams amid strong global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity jumped Rs 1,500 to reach a lifetime high of Rs 1,19,500 per 10 grams (inclusive of all taxes), up from Rs 1,18,000 per 10 grams in the previous session. In the local bullion market, gold of 99.5 per cent purity

Rupee falls 7 paise to all-time closing low of 88.79 against US dollar

Mumbai, Sep 29 (PTI) Rupee consolidated in a narrow range and settled for the day lower by 7 paise at its all-time closing low of 88.79 (provisional) against US dollar on Monday, on persistent foreign capital outflows and rise in risk-off sentiments. Forex traders said rupee is hovering near its all-time low level as investors remained concerned over global trade uncertainties and impact of US visa fee hike on India’s IT services exports. Moreover, the Reserve Bank of India (RBI) policy meeting outcome on October 1, is expected to influence rupee and government bond movements. At the interbank foreign exchange,

Stock markets close marginally lower in volatile trade ahead of RBI rate decision; fall for 7th day

Mumbai, Sep 29 (PTI) Benchmark stock indices Sensex and Nifty closed marginally lower in a volatile session on Monday, extending their downtrend to the seventh day mainly due to selling in banking shares and persistent foreign fund outflows ahead of the RBI’s interest rate decision later this week. After gyrating between gains and losses in a restricted trade, the 30-share BSE Sensex declined 61.52 points or 0.08 per cent to settle at 80,364.94. During the day, it hit a high of 80,851.38 and a low of 80,248.84. Falling for the seventh consecutive session, the 50-share NSE Nifty slipped 19.80 points

Kargil War veteran’s killing in Ladakh matter of outrage, anguish: Congress

New Delhi, Sep 29 (PTI) The Congress on Monday said it was outrageous that ex-serviceman Tsewang Tharchin, a Kargil War veteran, was among those killed in firing by the security forces in Ladakh. In a post on X, Congress general secretary, in-charge, communications, Jairam Ramesh said Tharchin served at the Siachen Glacier and fought valiantly in the 1999 Kargil War. His father, too, served in the Indian Army, he said. “Tsewang Tharchin was protesting peacefully for Sixth Schedule status for Ladakh. It should be a matter of the deepest anguish and outrage that he was killed along with three others

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