Silver futures rebound to ₹2.4 lakh/kg as value buying halts 7-day slide

Silver futures rebound to ₹2.4 lakh/kg as value buying halts 7-day slide


Silver prices rebounded sharply by ₹8,540 to ₹2.40 lakh per kilogram in futures trade on Friday, snapping a seven-day losing streak on value buying after a steep decline in a recent session.

On the Multi Commodity Exchange, the white metal for May delivery appreciated by ₹8,540, or nearly 4 per cent, to ₹2,40,000 per kg.

The recovery follows a sharp decline on Thursday, when the metal had plunged by ₹16,734, or nearly 7 per cent, to close at ₹2,31,460 per kg.

During intra-day trade in the previous session, prices had plummeted as much as 14 per cent to hit a low of ₹2,14,212 per kg.

Analysts said the rebound came as investors reassessed their positions after a sharp correction driven by surging oil prices, which spiked above $119 per barrel globally, stoking fears of persistent inflation and tighter monetary policy.

In the international markets, silver futures for the May contract on the Comex gained $2.43, or 3.42 per cent, to trade at $73.65 per ounce, halting a seven-day losing streak.

Silver stabilised above $73 per ounce but remains on track for a third consecutive weekly loss, as surging energy prices from the conflict in West Asia fuelled inflation concerns and reduced expectations for interest rate cuts by the global central banks, Jigar Trivedi, Senior Research Analyst at IndusInd Securities, said.

He added that rising energy costs and mounting inflationary pressures have prompted investors to shift towards the US dollar and Treasury bond yields, thereby reducing the appeal of the safe-haven asset.

Meanwhile, the European Central Bank (ECB), the Bank of Japan, and the Bank of England (BoE) have kept interest rates unchanged but signalled hawkish tones, indicating a bias towards tighter policy.

Investors have also pushed back expectations of monetary policy easing by the US Federal Reserve to 2027 and are pricing in two rate hikes each from the ECB and BOE this year, further dampening precious metals’ appeal, Trivedi said.

Published on March 20, 2026



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Telangana Budget 2026 LIVE: What to expect from Bhatti Vikramarka Mallu’s presentation

Telangana Budget 2026 LIVE: What to expect from Bhatti Vikramarka Mallu’s presentation


Telangana CM A.Revanth Reddy and Telangana Deputy CM Mallu Bhatti Vikramarka arrive at Telangana Rising Global Summit-2047 at Bharat Future City in Kandukur Mandal, Rangareddy district on Monday, December 8, 2025.Photo: SIDDHANT THAKUR/The Hindu.
| Photo Credit:
SIDDHANT THAKUR

elangana Budget Session Today, Telangana Budget 2026-27 Live Updates: The Telangana Budget for 2026-27, to be presented by Deputy Chief Minister Bhatti Vikramarka Mallu today, aims to balance social welfare and economic growth across the state. 

Governor Shiv Pratap Shukla, addressing the joint Assembly session, highlighted that Telangana’s per capita income has reached ₹4.18 lakh and the government is focused on achieving a $3 trillion economy under its Vision 2047 roadmap. 

With urban population projected to reach 53.8% by 2031, the state is strengthening infrastructure, including the recent division of GHMC into three corporations and the Hyderabad Metropolitan Area into four commissionerates. 

Telangana has emerged as an investment hub, with BioAsia 2026 attracting ₹1,700 crore and Hyderabad hosting 20% of India’s Global Capability Centres. 

The IT and services sector alone has generated ₹3.13 lakh crore in exports and 9.38 lakh jobs. 

Key welfare initiatives, like the Mahalakshmi Scheme providing free bus travel for women, have saved ₹9.22 crore, while the upcoming budget faces the challenge of funding new projects, including the ₹15,000 crore takeover of Hyderabad Metro.

  • March 20, 2026 10:32

    Bharat Rashtra Samithi (BRS) leader and former Finance Minister T Harish Rao says Congress govt cut spending on farm loan waiver scheme from ₹51,000 crore to ₹20,000 crore

    “The Congress Government had estimated that it would have to spend Rs 51,000 crore for the farm loan waiver scheme. But they pruned it to Rs 31,000 crore and finally spent only Rs 20,000 crore. Not even half of the farmers were benefited.”

  • March 20, 2026 10:29

    Telangana Budget 2026–27 to focus on inclusive growth, says Governor Shiv Pratap Shukla

    Telangana Budget 2026–27 to focus on inclusive growth, says Governor Shiv Pratap Shukla

    Telangana’s projected GSDP for 2025-26 is ₹17.82 lakh crore, showcasing strong economic growth and stability, says Governor Shukla.

  • March 20, 2026 10:27

    Tax collections improve, but still trail targets

    Tax revenue during the first 10 months was relatively better at ₹1.26 lakh crore, accounting for 72.04% of the ₹1.75 lakh crore budget estimate. However, it still falls short of the 85% mark. Officials remain optimistic that the revenue deficit will narrow, with tax collections expected to rise in February and March, though uncertainties persist over whether the increase will be sufficient to bridge the gap.

  • March 20, 2026 10:26

    Telangana FM to present 3rd Budget at noon today

    Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka will present his third budget in the Assembly at 12 noon today. The budget size for 2026-27 is expected to be around ₹3.20-3.30 lakh crore, compared with ₹3.05 lakh crore for 2025-26. Read more.

    Telangana FM to present 3rd Budget at noon today

    Mallu Bhatti Vikramarka to table ₹3.20-3.30 lakh crore budget at noon; capex likely to rise to ₹45,000-50,000 crore with funds earmarked for Hyderabad Metro acquisition

  • March 20, 2026 10:23

    Bhatti Vikramarka faces tough balancing act amid fiscal strain

    Bhatti Vikramarka faces a challenging task in striking a fine balance between welfare and development amid the State’s tight financial situation. The strain is evident, with the fiscal deficit reaching ₹69,148 crore by end-January—128% of the ₹54,009 crore projected in the budget estimates.

  • March 20, 2026 10:17

    Telangana Budget 2025 Highlights: ₹3.05 lakh cr Budget prioritises farmers, rural development and economic expansion

    Telangana Budget 2025 Highlights: ₹3.05 lakh cr Budget prioritises farmers, rural development and economic expansion

    Telangana Budget Session Today, Deputy CM Mallu Bhatti Vikramarka’s Telangana Budget 2025 Highlights: Find here all the announcements and highlights related to Telangana Budget 2025.

  • March 20, 2026 10:14

    Irrigation, welfare, and debt repayments to drive allocations

    The State Government is expected to continue its efforts to secure Central support for key projects such as the Hyderabad Metro Rail expansion, Bharat Future City, and the ambitious Musi rejuvenation initiative. With Chief Minister A. Revanth Reddy emphasising the need to strengthen infrastructure across education, irrigation, and transport sectors, the budget is likely to allocate significant funds, especially for irrigation, to meet the target of completing pending projects within the next three years.

    The State also faces multiple spending priorities, including the payment of two instalments (Kharif 2026 and Rabi 2027) under the Rythu Bharosa scheme, estimated at ₹18,000 crore. Additionally, a substantial portion of the budget is expected to be allocated towards interest payments on loans taken by successive governments, along with salaries and pensions, which together account for nearly 40% of the State’s total revenue.

  • March 20, 2026 10:12

    Revenue deficit widens, receipts lag targets

    The revenue deficit stood at ₹10,566 crore during the period, against an estimated surplus of ₹2,738 crore. The State recorded total revenue receipts of ₹1.38 lakh crore till end-January, accounting for 60.23% of the ₹2.29 lakh crore projected for the financial year. This includes a significant level of borrowings and other liabilities, which, as per provisional figures from the Comptroller and Auditor General of India, are estimated at ₹69,148 crore.

  • March 20, 2026 10:10

    Telangana Budget today; outlay may rise 7%

    The stage is set for the presentation of the annual financial statement (Budget) for 2026-27 on Friday (March 20, 2026).

    Deputy Chief Minister Mallu Bhatti Vikramarka, who also holds the Finance portfolio, is expected to walk a tightrope while presenting the Budget for the next financial year. The total outlay for 2025-26 stood at ₹3.04 lakh crore, and the 2026-27 Budget is likely to see a 7% increase, taking the outlay to around ₹3.2 lakh crore.

Published on March 20, 2026



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चावल से लेकर आलू-प्याज हर चीज भेजी जाएगी, मिडिल-ईस्ट को खाना भेजता रहेगा भारत

चावल से लेकर आलू-प्याज हर चीज भेजी जाएगी, मिडिल-ईस्ट को खाना भेजता रहेगा भारत


India Export to Middle East: भारत और मिडिल-ईस्ट के बीच मजबूत और गहरे व्यापारिक संबंध रहे हैं. एक तरफ भारत अपनी ऊर्जा जरूरतों के लिए इन पर निर्भर हैं. वहीं, खाड़ी देश अपनी खाद्य सुरक्षा के लिए काफी हद तक भारत पर निर्भर है. ऐसी स्थिति में जब अमेरिका और इजरायल के हमलों से मिडिल-ईस्ट में तनाव चरम पर है, भारत ने मध्य-पूर्व में शामिल देशों के लिए खाने-पीने की चीजों की सप्लाई जारी रखने का फैसला लिया है.

गुरुवार को वाणिज्य सचिव राजेश अग्रवाल ने कहा कि चल रहे संघर्ष के कारण पैदा हुई रुकावटों के बावजूद भारत मध्य-पूर्व के देशों को खाद्य सामग्री की आपूर्ति जारी रखेगा. हालांकि, शिपमेंट का पैमाना लॉजिस्टिक्स से जुड़ी चुनौतियों और बढ़ती लागत पर निर्भर करेगा. 

सप्लाई नहीं रुकनी चाहिए

राजेश अग्रवाल कहते हैं कि सरकार यह सुनिश्चित करने के लिए कई रास्तों पर विचार कर रही है कि जरूरी चीजों की सप्लाई में कहीं कोई रुकावट न आए. उन्होंने कहा, “वे जहां भी संभव हो हवाई कार्गो या लंबे रास्तों के जरिए काम कर रहे हैं ये सभी विकल्प इसलिए तलाशे जा रहे हैं ताकि यह सुनिश्चित हो सके कि भोजन पहुंच जाए क्योंकि भोजन हमारी प्राथमिकता बना हुआ है. 

भारत के सामने चुनौतियां

  • दरअसल, ईरान में छिड़ी जंग और उसके जोखिम के चलते मालवाहक जहाजों का वॉर रिस्ट इंश्योरेंस प्रीमियम 0.05 परसेंट से बढ़कर 0.75-1 परसेंट तक पहुंच गया है. इससे ढुलाई की लागत में भी करीब 20-30 परसेंट का इजाफा हुआ है. 
  • पहले लाल सागर या होर्मुज स्ट्रेट से सामान आसानी से पहुंचाए जाते थे, लेकिन अभी तनाव की स्थिति में जहाजों को केप ऑफ गुड होप (अफ्रीका के नीचे) से होकर जाना पड़ रहा है. इससे सफर में 15-20 दिन तक का ज्यादा वक्त लग रहा है. ऐसे में खाने-पीने की चीजों के खराब होने, ऑर्डर्स के देरी से पहुंचने और पेमेंट में देरी होने का खतरा बढ़ गया है. सफर में ज्यादा वक्त लगने से डीजल पर खर्च भी बढ़ रहा है.
  • कई देशों में अपना एयरस्पेस भी बंद कर रखा है. ऐसे में कार्गो कैपेसिटी भी घट गई है और ऊपर से लागत भी बढ़ गई है.

भारत से मिडिल-ईस्ट जाने वाले सामान

  • मिडिल ईस्ट में शामिल देश जैसे कि सऊदी अरब और ईरान, भारत से बासमती चावल का सबसे बड़र खरीदार है.
  • भारत खाड़ी देशों को आलू, प्याज, हरी सब्जियां, ताजे फल, इलायची, चाय और कॉफी, डेयरी प्रोडक्ट्स, फ्रोजन फूड आइटम्स भेजता है. 
  • इनके अलावा, दवाइयां भी भेजी जाती हैं. एक्सपोर्ट की लिस्ट में टेक्सटाइल, इंजीनियरिंग गुड्स, जेम्स और ज्वेलरी भी शामिल हैं. 

ये भी पढ़ें:

मिडिल ईस्ट टेंशन के बीच पड़ोसी देश मांग रहे भारत से तेल, रिक्वेस्ट पर सरकार ने दिया ये जवाब 



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मिडिल ईस्ट टेंशन के बीच पड़ोसी देश मांग रहे भारत से तेल, रिक्वेस्ट पर सरकार ने दिया ये जवाब

मिडिल ईस्ट टेंशन के बीच पड़ोसी देश मांग रहे भारत से तेल, रिक्वेस्ट पर सरकार ने दिया ये जवाब


Middle East Tensions: मिडिल ईस्ट में जारी युद्ध के लंबा खिंचने से स्थिति लगातार गंभीर होती जा रही है. भारत के पड़ोसी देशों की ओर से भी ऊर्जा की मांग बढ़ती जा रही है. विदेश मंत्रालय ने प्रेस ब्रीफिंग के दौरान बताया कि बांग्लादेश, श्रीलंका, मालदीव सहित कई पड़ोसी देशों ने भारत से ऊर्जा आपूर्ति के लिए अनुरोध किया है.

विदेश मंत्रालय के प्रवक्ता रणधीर जायसवाल के अनुसार, भारत 2007 से ही विभिन्न परिवहन माध्यमों के जरिए बांग्लादेश को डीजल की आपूर्ति करता आ रहा है. मौजूदा हालात में भी भारत बांग्लादेश और अन्य पड़ोसी देशों की सहायता जारी रखेगा.

पड़ोसी देशों ने मांगी मदद

उन्होंने यह भी कहा कि हाल के दिनों में अफगानिस्तान में पाकिस्तान द्वारा किए गए हमलों की भारत ने कड़ी आलोचना की है, क्योंकि इन हमलों में आम नागरिकों के बुनियादी ढांचे को निशाना बनाया गया और कई निर्दोष लोगों की जान गई है.

गौरतलब है कि ईरान पर अमेरिका और इजरायल के हमलों के बाद इस संघर्ष का दायरा लगातार बढ़ता जा रहा है. शुरुआत में इजरायल ने ईरान के तेल बुनियादी ढांचे को निशाना बनाया, जिसके जवाब में तेहरान ने खाड़ी देशों के तेल ठिकानों पर हमले तेज कर दिए हैं.

वॉर से स्थिति चिंताजनक

अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप ने भले ही युद्ध के जल्द समाप्त होने का दावा किया था, लेकिन मौजूदा हालात को देखते हुए यह कहना मुश्किल है कि यह तनाव कब खत्म होगा. ईरान ने युद्ध समाप्त करने की पहल को भी ठुकरा दिया है, जिससे संकेत मिलता है कि यदि यही स्थिति बनी रही, तो वैश्विक संकट और गहरा सकता है.

भारत में भी एलपीजी की किल्लत ने एक नया संकट खड़ा कर दिया है. हालांकि, भारत ने हॉर्मूज ऑफ स्ट्रैट के बंद होने के बाद वैकल्पिक रुट अपनाने का फैसला किया है.

ये भी पढ़ें: ईरान वॉर से LPG के बड़े संकट में फंसे भारत ने निकाली जबरदस्त तोड़, अब नहीं होगा जंग का असर?



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Pentagon seeks 0 billion for Iran war as Congress scrutiny and political divide intensify

Pentagon seeks $200 billion for Iran war as Congress scrutiny and political divide intensify


A bulldozer drives along a damaged street amid destruction after an Israeli strike on Beirut’s southern suburbs, following renewed hostilities between Hezbollah and Israel amid the U.S.-Israeli conflict with Iran, Lebanon, in Beirut, March 6, 2026. Picture taken with a mobile phone.
| Photo Credit:
REUTERS/Stringer

, The Pentagon is seeking USD 200 billion in additional funds for the Iran war, a sizable amount that is certain to be met with questions from Congress, which would need to approve any new money.

The department sent the request to the White House, according to a senior administration official, who spoke on condition of anonymity to discuss the private information. Asked about the figure at a press conference Thursday, Defense Secretary Pete Hegseth did not directly confirm the amount, saying it could change.

“It takes money to kill bad guys,” Hegseth said.

But he said “we’re going back to Congress and our folks there to ensure that we’re properly funded.”

Big price tag faces scrutiny over war

It’s an extraordinarily high number and comes on top of extra funding the Defense Department already received last year in President Donald Trump’s big tax cuts bill. Such a request would need to be approved by Congress, and it is not at all clear such spending would have political support. The nation’s debt has surged past a record USD 39 trillion.

Congress has been bracing for a new spending request but it is not clear the White House has transmitted the request for consideration. Lawmakers have not authorized the war, and Congress is showing growing unease with the military operation’s scope and strategy.

The new funding request was first reported by The Washington Post.

Trump said the administration is asking for the money for other reasons beyond Iran.

“This is a very volatile world,” the president said from the Oval Office. He said the emergency spending would be a “very small price to pay” to ensure the nation’s military stays in top shape.

While the House and Senate are controlled by the president’s Republican Party many of the more conservative lawmakers are also fiscal hawks, with little political appetite for big spending, on military operations or other matters. Most Democrats are likely to reject such a request and demand more detailed plans from the Trump administration about the US military goals and objectives.

Rep. Ken Calvert, the Republican chair of the House subcommittee with oversight over defense spending, said he was already advocating for a supplemental spending bill to allow the Pentagon to replenish munitions.

“That was going to happen, and now we have this conflict with some additional costs. So, that’s where we’re at,” Calvert of California said on Thursday.

“I know there are peripheral issues out there that people are concerned about, but right now, this is about our national security and it’s important that we get this done,” he said.

But Rep. Betty McCollum of Minnesota, the ranking Democrat on the House subcommittee with oversight over defense spending, said the president has taken the US into a war without coming to Congress and she’s demanding more details.

“This is not going to be a rubber stamp for the president of the United States,” McCollum said.

She said Congress is still waiting for the administration to explain where it would be spending the additional USD 150 billion funding that went to the Pentagon through Trump’s tax and spending cut bill. It’s also waiting on the president’s budget request for this year.

“I’m not writing blank checks to the Department of Defense,” McCollum said.

Negotiations ahead on a final package

It all points to a monumental battle ahead in Congress over any new Pentagon spending that would almost certainly need support from Republicans and Democrats in a bipartisan package to push past objections toward approval.

The requested amount would be a hefty boost to the Pentagon’s annual budget, which Congress approved at more than USD 800 billion for the current fiscal year.

That’s on top of some USD 150 billion that Congress gave the Defense Department in last year’s tax cuts bill, much of it for specific projects and overall upgrades to the Pentagon’s operations.

The nonpartisan Congressional Budget Office has projected that the federal government will run a USD 1.9 trillion annual deficit this year, and that’s before adding any spending done through a supplemental bill.

House Speaker Mike Johnson said it’s a “dangerous time” and “we have to adequately fund defence.” Asked whether he supported the amount, Johnson said he has not seen the details, but “I support what’s needed to ensure that the American people remain safe.” While some of the military’s biggest champions on Capitol Hill have welcomed new spending as a way to replenish munitions stockpiles and upgrade the US defence capabilities in the face of emerging threats, others will certainly point to health care and other domestic needs that they view as more important priorities.

Rep. Rosa DeLauro, the ranking Democrat on the House Appropriations Committee, said of the USD 200 billion price tag: “It’s outrageous.” To muscle a package to passage, Republican leaders could either try to go it alone through an arduous budget process, or cut deals with Democrats on other priorities that would likely balloon the overall price tag.

House Majority Leader Steve Scalise, R-La., signaled the negotiations ahead.

“Ultimately we’re going to have negotiations with the White House on an exact amount,” Scalise said. “We’re not at that point yet.”

Published on March 20, 2026



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