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Silver futures hit new peak of Rs 2.72 lakh/kg on Iran jitters, mounting worries over Fed moves

New Delhi, Jan 13 (PTI) Silver futures soared to yet another record of Rs 2,72,202 per kg on Tuesday, tracking firm global trends, as uncertainties surrounding the US Federal Reserve’s policy stance and escalating tensions in Iran spurred safe-haven demand. On the Multi Commodity Exchange (MCX), silver futures for March delivery jumped by Rs 3,232, or 1.2 per cent, to hit a new record of Rs 2,72,202 per kilogram. In the last two trading sessions, the white metal prices have skyrocketed by Rs 19,477, or 7.7 per cent, from Rs 2,52,725 per kg on Friday. Silver prices surged sharply on

Indian carmakers log biggest 2025 sales jump in December, industry body says

Jan 13 (Reuters) – Indian carmakers’ sales to dealers jumped 26.8% in December, their biggest monthly rise of 2025, as tax cuts made several models more affordable and spurred demand, industry data showed on Tuesday. Carmakers sold 399,216 units in the final month of 2025, the Society of Indian Automobile Manufacturers said. For the full year, sales grew about 5%, faster than 4.2% growth in 2024. Car sales in the country are on a tear since the government in September implemented tax cuts that lowered the levy on sports utility vehicles with engine capacities over 1,500cc to 40% from 50%

Supreme Court delivers split verdict on Section 17A of Prevention of Corruption Act mandating sanction to probe govt servants

New Delhi, Jan 13 (PTI) The Supreme Court on Tuesday delivered a split verdict on the constitutional validity of a 2018 provision of the anti-graft law which mandates prior sanction before initiating a probe against a government servant in a corruption case. While Justice BV Nagarathna said Section 17A of the Prevention of Corruption Act is unconstitutional and needs to be struck down, Justice KV Viswanathan held the provision as constitutional while stressing on the need to protect honest officers. Requirement of prior sanction is contrary to the Prevention of Corruption Act, forecloses inquiry and protects corrupt, Justice Nagarathna said.

“Do not like this, I have a secular mindset”: Ajit Pawar condemns ‘communal remarks’ amid BMC polls

Pune (Maharashtra) [India], January 13 (ANI): Nationalist Congress Party chief and Maharashtra Deputy Chief Minister Ajit Pawar on Tuesday condemned the Brihanmumbai Municipal Elections (BMC) being given a ‘communal angle.’ As he reaffirmed that he has ‘a secular mindset’, he said that in such a diverse country like India, everyone is equally a citizen. “I do not like this at all, I have a secular mindset. The ideology of Ambedkar does not teach us this. I just have to say that our country is so big, and those who stay in this country are all Indians. If someone is committing

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