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Vedanta chairman Anil Agarwal says silver has entered a structural upcycle, driven by technology-led demand. Silver has surged 125% in 2025, outperforming gold, and now contributes nearly 40% of Hindustan Zinc’s profits, strengthening Vedanta’s earnings diversification and margins.
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The Reserve Bank of India on Tuesday said it will purchase government securities worth Rs 2 lakh crore and conduct a USD 10 billion buy/sell dollar-rupee swap auction to inject liquidity in the banking system.
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Silver prices hit a fresh record on Tuesday breaching the $70 per ounce mark in the spot market ‌driven ‌by strong ‌industrial and investment demand, tightening inventories, geopolitical ​tensions, ​and expectations of ‌further ‍U.S. ‍rate cuts.
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Brookfield India Real Estate Trust has raised Rs 2,000 crore by issuing bonds to various investors, including IFC.
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The RBI conducted short-tenor FX buy-sell swaps to cool a surge in hedging costs, pulling one-month forward yields down from multi-year highs. The move follows lender requests as elevated premiums erode foreign investor returns and trigger outflows from bonds and equities, underscoring the challenge of managing rupee stability.
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