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Gold Price Falls ₹2,000, Silver Price Plunges ₹11,000/kg in Delhi Amid Strong Dollar

New Delhi (PTI): Precious metal prices declined up to 4 per cent in the national capital on Friday, with silver tumbling to Rs 2.65 lakh per kilogram and gold sliding to Rs 1.63 lakh per 10 grams amid a strong US dollar and uncertainty over global monetary policy. According to the All India Sarafa Association, the white metal slumped by Rs 11,000, or 3.97 per cent, to Rs 2,65,500 per kilogram (inclusive of all taxes) from Thursday’s closing level of Rs 2,76,500 per kg. In the bullion market, gold of 99.9 per cent purity also declined by Rs 2,000, or

Sensex, Nifty Fall 1% as West Asia Conflict and Rising Oil Prices Weigh on Markets

Mumbai (PTI): Equity benchmark indices Sensex and Nifty extended their southward journey in early trade on Friday, tumbling nearly 1 per cent, as the ongoing conflict in West Asia and surging oil prices continue to spoil investors’ sentiment. Heavy selling in global markets, persistent foreign fund outflows and weakness in the rupee also added to the bearish trend. The 30-share BSE Sensex tumbled 708.38 points or 0.93 per cent to 75,326.04 in early trade. The 50-share NSE Nifty dropped 222.05 points or 0.93 per cent to 23,417.10. From the 30-Sensex firms, Larsen & Toubro, Tata Steel, InterGlobe Aviation, UltraTech Cement,

Indian Rupee Hits Record Low of 92.37 Against U.S. Dollar

Mumbai (PTI): The rupee slumped 12 paise to its record low of 92.37 against the US dollar in early trade on Friday as global crude oil prices showed no signs of easing amid the ongoing West Asian conflict. A stronger greenback, heavy FII selling and weak sentiments in the domestic equity markets further weighed on the rupee, according to forex traders. At the interbank foreign exchange, the local unit opened at 92.33 and slipped further to hit its record intra-day low of 92.37 against the US dollar, down 12 paise from its previous close. The rupee touched a fresh intra-day

Hungary’s conservative icon Orban defeated by centre-right opposition

BUDAPEST, April 12 (Reuters): Hungary’s veteran nationalist leader Viktor Orban lost power to the upstart centre-right Tisza party in Sunday’s national election after 16 years in office, marking a setback for his ​allies in Russia and U.S. President Donald Trump’s White House. Orban, 62, was celebrated by conservatives across Europe and the United States as the mastermind of ‌the “illiberal” model of democracy, but lost favour at home with voters who grew weary of economic stagnation, international isolation and oligarchs amassing wealth. His landslide defeat handed Tisza’s Peter Magyar, 45, a comfortable majority in Hungary’s 199-seat legislature, opening the door

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