Gold, Silver Rate Today Live Updates: Gold prices climb over 1%, silver rallies around 4% as oil prices drop, dollar weakens

Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities said gold traded within a narrow range last week and recorded modest gains of nearly 0.40% on the MCX, settling close to Rs 1,58,670 per 10 grams. He noted that crude oil witnessed sharp profit booking during the week, with prices correcting nearly 7%…

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What is a claim? IRDAI seeks industry’s standard definition

MUMBAI: IRDAI has asked the non-life industry to come up with a standard definition of claim and a uniform definition of claim settlement ratio for various lines of business. This followed different companies using different definitions for determining claim settlement ratio, a key metric that is an indicator of companies’ financial health and customer satisfaction.Some…

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InGovern calls for Tata Sons listing

MUMBAI: A proxy advisory firm is pressing India’s central bank to require Tata Sons to go public, arguing that its size and systemic importance demand disclosure standards closer to those applied to major financial institutions rather than those typical of private holding companies.InGovern, in a report titled “Tata Sons: The Listing Imperative,” said that where…

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Bullion watch: Gold, silver seen range-bound as US-Iran talks enter crucial phase

Gold and silver are expected to take cues from developments in the ongoing US-Iran talks this week, with analysts forecasting a largely steady trend for gold prices while silver may continue to outperform amid geopolitical tensions and elevated crude oil prices.Investors are also likely to track a series of economic indicators from the United States,…

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Stock market this week: Middle East tensions, oil prices, FII flows & more — what will guide Dalal Street

Dalal Street is heading into the new trading week with global uncertainty firmly in focus, as investors keep a close watch on the evolving situation in the Middle East, fluctuations in crude oil prices and the behaviour of foreign investors. Analysts said that sentiment is likely to remain fragile and heavily influenced by developments in…

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