Gold, silver prices may cool off

Precious metals ended 2025 on a strong note with gold and silver reaching fresh life-time highs in the last week of December. Prices cooled off a bit in the last couple of trading sessions of 2025 but gold and silver posted handsome gains for the year. The interest rate cuts announced by the U.S. Federal…

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Tobacco stocks continue to slide; ITC shares drop over 5%

Image used for representative purpose only. | Photo Credit: Reuters Shares of cigarette and tobacco product makers ITC, Godfrey Phillips and VST Industries dropped on Friday (January 2, 2026) morning, extending their previous day’s decline, after the government imposed an additional excise duty on such products effective February 1. ITC’s stock tumbled 5.11% to ₹345.35…

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CIEL HR Services mops up ₹30 crore from Zoho, Pegasus, others in pre-IPO round

Zoho. File | Photo Credit: Reuters Human resources solutions provider CIEL HR Services has raised ₹30 crore from 88 investors, including Zoho Corporation, Pegasus India and Standard Fireworks, ahead of its proposed initial public offering (IPO). In a public announcement, the Chennai-based company said it carried out a pre-IPO placement of 27,27,272 equity shares at…

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Rupee slips past 90-level mark, settles 22 paise down at 90.20 against U.S. dollar

Image used for representation purpose only | Photo Credit: Getty Images/iStockphoto The Indian rupee slipped below the 90-mark and settled the day lower by 22 paise at 90.20 (provisional) against the U.S. dollar on Friday (January 2, 2026), amid disappointing macroeconomic data and strengthening of the American currency in overseas markets. Forex traders said persistent…

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