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Gold extends gain for 2nd straight day, climbs Rs 500 to Rs 99,170 per 10 g; silver trades flat

New Delhi, Jul 2 (PTI) Gold prices jumped Rs 500 to Rs 99,170 per 10 grams in the national capital on Wednesday, tracking heavy global buying amid renewed concerns over US tariffs. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had ended Rs 1,200 higher at Rs 98,670 per 10 grams on Tuesday. The yellow metal has gained Rs 1,700 per 10 grams in the two consecutive sessions. Gold of 99.5 per cent purity climbed Rs 450 to Rs 98,600 per 10 grams (inclusive of all taxes). It had settled at Rs 98,150

Is working for Dalits, farmers ‘anti-national’: Medha Patkar slams BJP MPs over meeting walkout

New Delhi, Jul 2 (PTI) A day after BJP MPs walked out of a parliamentary panel meeting she was invited to, activist Medha Patkar on Wednesday hit back, asking if standing up for Dalits, Adivasis, farmers and labourers now counts as “anti-national”. A meeting of the Parliamentary Standing Committee on Rural Development and Panchayati Raj to discuss the implementation of the land acquisition act ended abruptly on Tuesday as BJP MPs protested against the panel’s decision to hear Patkar, who had led protests against raising the height of the Sardar Sarovar Dam in Gujarat under the banner of ‘Narmada Bachao

Rupee falls 9 paise to close at 85.68 against US dollar

Mumbai, Jul 2 (PTI) The rupee depreciated 9 paise to close at 85.68 (provisional) against US dollar on Wednesday, on weak domestic equity markets and a rise in crude oil prices. Forex traders said a slight recovery in the US dollar too weighed on the rupee as market players await the conclusion of India-US trade deal, which is at its final stage. At the interbank foreign exchange, the domestic unit opened at 85.59 against the greenback and touched an intra-day high of 85.57 and a low of 85.75 against the greenback during the day. At the end of Wednesday’s trading

Markets end lower; HDFC Bank, foreign fund outflows drag

Mumbai, Jul 2 (PTI) Benchmark indices Sensex and Nifty pared early gains to end lower on Wednesday, dragged down by selling pressure in HDFC Bank, L&T and Reliance Industries shares ahead of the impending US tariff deadline. Flight of foreign capital from markets and a mixed trend in global equities impacted sentiments, traders said. After the initial euphoria, the BSE Sensex later lost momentum and ended 287.60 points or 0.34 per cent lower at 83,409.69. During the day, it dropped 546.52 points or 0.65 per cent to 83,150.77. The 50-share NSE Nifty declined by 88.40 points or 0.35 per cent

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