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Gold, silver, platinum hit record highs! Silver tops $75 per ounce for the first time — what’s fueling the rally?

Gold, silver and platinum surged to fresh record highs on Friday, driven by strong speculative momentum, and expectations of further US rate cuts amid rising geopolitical tensions.Silver crossed the $75-per-ounce mark for the first time, as both precious and industrial metals climbed to unprecedented levels amid economic and geopolitical uncertainty, Reuters reported. Major precious metals…

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‘Santa Claus rally’: Asian markets edge higher amid thinned holiday trade; silver hits record high

Asian markets inched higher on Friday amid holiday-thinned trading, with several exchanges remaining closed for the Boxing Day holiday. Regional stocks extended gains after Wall Street ended the week at record highs, while most global markets were shut on Thursday for Christmas.Markets in Tokyo, Shanghai, Seoul and Taipei all posted gains. Japan’s Topix climbed to…

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Industrial-logistics space demand hit record this year at 76.5 million sq ft in 24 major cities

NEW DELHI: Demand for industrial and logistics spaces hit an all-time high this year, with leasing volumes rising nearly 19 per cent to 76.5 million square feet across 24 major cities in India, according to Savills.Real estate consultant Savills India data showed that the manufacturing sector took on lease 29 per cent of spaces, followed…

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Budget 2026–27 : CII reccomends institutional reforms and fiscal consolidation; stresses debt sustainability

The Confederation of Indian Industry (CII) urged the government to focus on institutional reforms and fiscal consolidation in the upcoming 2026-27 budget to maintain India’s growth momentum. The industry body presented these recommendations on Thursday, emphasising debt sustainability, fiscal transparency, revenue collection, and spending efficiency as key areas for improvement.“India has achieved a rare convergence…

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Rs 15,000 crore lifeline: Government finalising SWAMIH-2 fund — hope for 100k middle-class homebuyers

NEW DELHI: The government is set to launch SWAMIH-2 Fund, a Rs 15,000-crore initiative aimed at helping nearly 100,000 middle-class homebuyers complete their stalled housing projects. This follows the success of SWAMIH-1, which has already completed 55,000 dwelling units. The government has allocated Rs 1,500 crore as seed capital in Budget 2025-26 for this purpose.The…

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