Search Results for "Inflation"

Gold prices are testing ₹13 lakh per 10 grams just before Dhanteras, triggering debate among investors on whether to buy or hold. Influenced by global inflationary pressures and currency volatility, prices are also driven by traditional festival demands. Experts recommend cautious investment, noting potential price corrections but acknowledging gold's enduring appeal as a stable hedge in uncertain economic conditions.

The New Year brought a price shock for businesses as oil marketing companies hiked the rate of 19-kg commercial LPG cylinders by ₹111, the steepest increase in six months. While domestic household cylinder rates remain unchanged, this hike pushes commercial prices to ₹1,691.50 in Delhi. In contrast, aviation turbine fuel (ATF) prices saw a relief, getting slashed by 7.3%, offering some respite to the airline industry.