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Silver, gold futures decline as traders book profits after record highs

New Delhi, Jan 30 (PTI) Silver and gold prices declined sharply in the futures trade on Friday as traders booked profits at elevated levels after a record-breaking rally, tracking a bearish sentiment in global markets and a rebound in the US dollar. On the Multi Commodity Exchange (MCX), silver futures for March delivery plunged Rs 12,169, or 3.04 per cent, to Rs 3,87,724 per kilogram in a business turnover of 8,710 lots. The white metal had surged about 9 per cent to hit a record of Rs 4,20,048 per kg on Thursday, before settling at Rs 3,99,893 per kg. Similarly,

What is Nipah virus? And what makes it so deadly?

Melbourne, Jan 30 (The Conversation) An outbreak of the deadly Nipah virus in India has put many countries in Asia on high alert, given the fatality rate in humans can be between 40% and 75%. Several countries, including Thailand, Malaysia and Singapore, have introduced new screening and testing measures, after at least two people died of Nipah virus in the Indian state of West Bengal this month. But what is Nipah virus, and how concerned should we be? Here’s what you need to know. What is Nipah virus? Like Hendra virus, Nipah is in a category of viruses called henipaviruses.

Rupee recovers from lowest level, gains 9 paise to 91.90 against US dollar in early trade

Mumbai, Jan 30 (PTI) The rupee recovered from its lowest level and gained 9 paise to trade at 91.90 against the American currency in early deals on Friday, supported by lower crude oil prices in the international market. According to forex traders, a sharp recovery in the Indian currency was capped by a strong greenback and withdrawal of foreign funds from domestic equity markets. At the interbank foreign exchange, the rupee opened at 91.89 and strengthened up to 91.87 against the greenback before trading at 91.90 in initial deals, up 9 paisa from its previous closing level. The rupee ended

Stock markets tank in early trade after 3-day rally

Mumbai, Jan 30 (PTI) Benchmark equity indices Sensex and Nifty tumbled in early trade on Friday after a three-day rally, dragged by IT stocks and caution ahead of the Budget presentation on February 1. Fresh foreign fund outflows and weak trends in global equities also added to markets’ weakness during initial trading. The 30-share BSE Sensex tumbled 619.06 points to 81,947.31 in opening trade. The 50-share NSE Nifty dropped 171.35 points to 25,247.55. From the 30-Sensex firms, Tata Steel, HCL Tech, Infosys, Tata Consultancy Services, NTPC and Tech Mahindra were among the biggest laggards. Maruti, ITC, Asian Paints and InterGlobe

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