Connect with us

Business

Gold trading at Rs 49,200 per 10 gm today; silver at Rs 61,000/kg

Published

on

Gold trading at Rs 49,200 per 10 gm today; silver at Rs 61,000/kg

The price of 10 gram of 24-carat gold decreased by Rs 450 on Saturday, with the yellow metal trading at Rs 49,200.

The price of 22-carat gold decreased by Rs 400 to Rs 45,100.

One kg of silver is selling at Rs 61,000, down Rs 400 from yesterday

In Delhi and Mumbai, the price of 24-carat gold stands at Rs 49,200, respectively according to the Goodreturns website.

Advertisement

The price of 10 gram of 22-carat gold in Delhi and Mumbai is at Rs 45,100, respectively.

In Chennai, 10 gram of 24-carat gold is selling at Rs 49,450 on Saturday, while 10 gram of 22-carat gold is selling at Rs 45,300.

The price of gold varies across the country due to excise duty, state taxes, and making charges.

In Chennai, the price of 1 kg of silver is at Rs 65,100, while in Delhi and Mumbai, the metal is selling at Rs 61,000.

Advertisement

Silver is selling at Rs 61,000 per kg in Kolkata, while in Hyderabad and Bengaluru, the metal is selling at Rs 65,100 a kg.

Complete News Source : Business Standard

india

Oppn seeks probe into Adani charges in US: ‘Obvious protection of PM Modi’

Published

on

By

Oppn seeks probe into Adani charges in US: ‘Obvious protection of PM Modi’

Following US SEC charges of bribery against Gautam Adani, opposition parties criticise PM Narendra Modi and call for a JPC investigation.

As billionaire Gautam Adani faces charges in the US for alleged bribery and fraud, the Opposition on Thursday intensified its attack on the Centre over its alleged links with the Adani Group.

Gautam Adani has been charged in the US with allegedly paying $250 million in bribes to Indian officials between 2020 and 2024 to secure favourable terms for solar energy contracts. The scheme, prosecutors said, could have earned Adani’s group over $25 billion in profits.

Congress demands JPC probe

Reacting to the charges, the Congress called for a Joint Parliamentary Committee (JPC) probe into alleged scams involving Adani’s conglomerate. The party also demanded the appointment of a “new and credible” Sebi chief to investigate Adani’s financial dealings and compliance with securities laws.

Advertisement

ALSO READ- At 65.2%, Maharashtra records highest voter turnout since 1995 assembly election

Congress leader Jairam Ramesh said the US Securities and Exchange Commission’s (SEC) actions highlight the failure of Indian institutions to investigate the group. “The indictment vindicates Congress’s demand since January 2023 for a JPC into the Modani scams,” Ramesh wrote on X.

He accused Prime Minister Narendra Modi of shielding Adani and claimed Congress’s “Hum Adani Ke Hain Kaun” (HAHK) series had exposed the businessman’s alleged fraud and his ties with the PM.

The fact that it has taken a foreign jurisdiction to properly investigate Adani only shows how Indian institutions have been captured by the BJP, and how decades of institutional development have been undone by greedy and power hungry leaders, the Congress leader said in another post.

Advertisement

“All of this is consistent with a long record of fraud and criminality carried out with impunity with the obvious protection of the Prime Minister,” Ramesh charged.

Other Oppn leaders join attack

Other opposition leaders joined the attack. Trinamool Congress MP Saket Gokhale questioned the BJP’s involvement in Adani’s dealings and demanded an independent judicial probe.

Aam Aadmi Party leader Sanjay Singh accused PM Modi of allowing Adani to tarnish India’s global reputation.

ALSO READ- Adani Group shares plunge after US SEC charges, Adani Green down 16%

Advertisement

Adani stocks latest updates

The allegations rattled markets, with Adani Group stocks plunging. Adani Enterprises fell 20 per cent in pre-open trade, while shares of Adani Ports, Adani Green, Adani Power, and others dropped between 7 per cent and 18 per cent.

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/

Continue Reading
Anyskill-ads

Facebook

Trending