logo
Silver futures ease Rs 749 to Rs 1,14,132/kg

Silver futures ease Rs 749 to Rs 1,14,132/kg

News1812 hours ago
Last Updated:
New Delhi, Aug 11(PTI) Silver prices on Monday declined Rs 749 to Rs 1,14,132 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for September delivery decreased Rs 749, or 0.65 per cent, to Rs 1,14,132 per kilogram in a business turnover of 15,328 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 0.70 per cent lower at USD 38.07 per ounce in New York. PTI DR DR ANU ANU
view comments
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Parliament panel slams govt for keeping MGNREGS funding static at Rs 86,000 crore since 2023–24
Parliament panel slams govt for keeping MGNREGS funding static at Rs 86,000 crore since 2023–24

New Indian Express

time8 minutes ago

  • New Indian Express

Parliament panel slams govt for keeping MGNREGS funding static at Rs 86,000 crore since 2023–24

NEW DELHI: A parliamentary panel on Monday criticised the government for not increasing the allocation under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), expressing concern that funding has remained static at Rs 86,000 crore since the revised estimates of 2023–24. In a report tabled in Parliament, the Department-Related Parliamentary Committee on Rural Development and Panchayati Raj stressed that the effective implementation of the scheme hinges on 'timely and adequate' funding. 'The Committee is concerned to note that the allocation has remained unchanged since the 2023–24 revised estimates,' the report stated. It added that given MGNREGS's role in providing employment to rural and marginalised communities, consistent funding is essential for uninterrupted implementation. The panel questioned the government's rationale behind the stagnation in allocations, particularly for a demand-driven scheme like MGNREGS. It reiterated its earlier recommendation to reassess funding needs and raise allocations at the revised estimate stage if necessary. In its response, the Department of Rural Development (DoRD) maintained that fund disbursal is a 'continuous and demand-driven process,' and assured that the Centre remains committed to ensuring timely fund availability in coordination with the Ministry of Finance. The committee, however, dismissed the reply as 'stereotypical' and lacking seriousness, noting it merely outlined procedural aspects without addressing the core funding concerns. 'The Committee feels an immediate need for greater coordination between the DoRD and Ministry of Finance to ensure seamless implementation,' the report said. It reaffirmed its call for increased allocation to meet the scheme's objectives. According to budget data, Rs 89,153.71 crore was spent on MGNREGS in 2023–24. However, allocations for 2024–25 and 2025–26 remained fixed at Rs 86,000 crore each.

Delhi To Organise It's First Industrial Ideathon, 652 Student Teams To Participate
Delhi To Organise It's First Industrial Ideathon, 652 Student Teams To Participate

NDTV

time8 minutes ago

  • NDTV

Delhi To Organise It's First Industrial Ideathon, 652 Student Teams To Participate

Delhi's Industrial Ideathon 2025: The race to solve Delhi's toughest industrial problems has officially begun and the city's students are all in. In a first-of-its-kind Industrial Ideathon, a staggering 652 teams from top universities have signed up to take on challenges that range from untangling last mile logistics to helping small industries embrace Industry 4.0 technology. The contest, organised by the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) in partnership with Netaji Subhash University of Technology (NSUT), has prizes worth Rs. 40 lakh on the line, but the real draw is the chance to pitch ideas directly to the people who shape policy and business in the capital. On August 13, NSUT will turn into an innovation war room as 124 shortlisted teams step into an intense eight-hour challenge. They'll tackle live problem statements, streamlining supply chains, making it easier to do business, integrating cutting-edge tech into small units, and helping MSMEs access finance and markets. The best 40 will earn a spot in the grand finale on August 22. Industries Minister Manjinder Singh Sirsa says the massive turnout proves young Delhiites are ready to get their hands dirty solving real problems. "This overwhelming participation is proof that Delhi's youth want to be part of shaping our industrial future. They're ready to solve the real-world problems our businesses face every day," he said. Sirsa calls the initiative a bridge between classrooms, factory floors and government offices. "Students get to work on live problems with measurable impact, while policymakers gain fresh, actionable ideas straight from the country's brightest young minds. This is policy by participation in its truest form," he said. With over one lakh impressions on the official portal and more than 2,000 sign-ups during registration, the ideathon is already making waves beyond campus walls. All participants will get certificates, while winners will be felicitated by senior dignitaries at the closing ceremony. If the excitement around this debut edition is any indicator, Delhi's industrial policy may soon carry the fingerprints of its youngest problem-solvers. Students may visit for updates.

SRFDCL to redesigns riverfront food plaza to tackle pollution
SRFDCL to redesigns riverfront food plaza to tackle pollution

Time of India

time17 minutes ago

  • Time of India

SRFDCL to redesigns riverfront food plaza to tackle pollution

Ahmedabad: The Sabarmati Riverfront Development Corporation Ltd. (SRFDCL) has decided to alter the design of its upcoming Riverside Savouries food plaza on the western bank of the river to prevent littering in the Sabarmati river. Tired of too many ads? go ad free now Originally, the open-air layout raised concerns that visitors on the lower promenade might toss waste directly into the river. To address this, SRFDCL will redesign the facility with a dome or covered structure. The revised design will lead to the issuance of a fresh Request for Proposal (RFP), replacing the one announced on Feb 7. The earlier RFP invited bids by March 10, with technical bids set to open on March 11. That process is now on hold until the design changes are finalised. The project site spans 27,000 sq m opposite BJ Park, between Nehru Bridge and Ellis Bridge, with the food plaza and amenities planned over 6,300 sq m area. Under the updated guidelines, fast-food outlets, non-vegetarian restaurants, and chains with more than three outlets in Ahmedabad or Gandhinagar will be barred. Bidders may, however, collaborate with national or international brands. The Ahmedabad Municipal Corporation (AMC) has earmarked Rs 50 crore in its 2025–26 budget for the western bank's Riverside Savouries. The food plaza is among several high-profile projects in the pipeline for the riverfront. SRFDCL has already issued tenders for development rights to build a 16-storey, 200–300 room five-star hotel and a convention-exhibition centre behind Tagore Hall. In Dec 2024, the AMC's standing ccommittee cleared a Detailed Project Report (DPR) for a Rs 792.50 crore Convention, Cultural, and Business Centre in Paldi. A Rs 500 crore state grant has been sought, with AMC funding the remaining Rs 292.50 crore. Tired of too many ads? go ad free now Plans for the 40,200 sq m site include a dome and theatre, hotel, convention centre, and performing arts theatre. Tenders are also underway for a Tropical Forest project on the western bank, while SRFDCL has approved a Rs 23.53 crore Meditation-cum-Yoga Centre in the same area. Head: Opposition slams BJP over failed initiatives Ahmedabad: Several ambitious projects launched on the Sabarmati Riverfront have either been shut down or remain defunct, alleged Leader of the Opposition in the Ahmedabad Municipal Corporation (AMC), Shehzadkhan Pathan. Pathan pointed out that the zipline project, which began on March 21, 2015, has been closed for several years, while the seaplane service, inaugurated on Oct 31, 2020, also ceased operations after a brief run. Similarly, the helicopter rides, introduced on Jan 1, 2022, were discontinued within months, and the kayaking water sports facility, launched on March 31, 2023, has remained shut for the past two years. He further alleged that several promises made for the Riverfront's development—such as constructing multi-storied buildings, business hubs, and entertainment zones—have not been fulfilled. "Many of these projects were announced with great fanfare but now stand as abandoned dreams," Pathan remarked.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store