For haven’s sake: Gold, silver continue to rally

Mumbai: Prices of gold and silver jumped to record highs in the domestic market on Tuesday following international price trends over the extended weekend in India as investors globally continued to shift to haven assets as geopolitical tensions remained at elevated levels. For silver in particular, rising demand from several of the fast-growing industries like…

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NPS Swasthya to cover your medical costs

New Delhi: Pension Fund Regulatory and Development Authority (PFRDA) Tuesday launched the new ‘NPS Swasthya Pension Scheme’ to assist subscribers in covering both the outpatient and in-patient medical expenses through their pension savings. The scheme will be contributory in nature under the Multiple Scheme Framework (MSF) and will be offered to Indian citizens on a…

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RBI advances repurchase of bonds as yields spike

Mumbai: Govt bond yields jumped to an almost 11-month high as state borrowing and tight liquidity rekindled supply-glut fears, pushing the RBI to fast-track bond repurchases and roll out other liquidity measures. The benchmark 10-year 6.48% 2035 yield closed at 6.72%, up from 6.66%, its highest since early March.Sell-off pressure forced an early start to…

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Renault’s reset may get FTA boost

Chennai: Renault said the proposed India–European Union Free Trade Agreement (FTA) could significantly strengthen its manufacturing and export strategy in India, positioning its Chennai facility as a key global hub for vehicles and auto components. With tariff barriers expected to moderate, the French automaker aims to leverage higher localisation, expanded component exports, and new model…

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