The prices of gold in India went down by ₹600 as of February 16, 2025, with 24-carat gold priced at ₹86,020 in Delhi and ₹86,070 in Visakhapatnam. The decline is attributed to fluctuations in the international markets and seasonal demand shifts due to weddings. Meanwhile, silver prices have remained stable across these regions.
The Employees' Provident Fund Organisation (EPFO) is set to revolutionize how its members access their funds by proposing an increase in the auto settlement claim limit to ₹5 lakh and introducing modern withdrawal methods like UPI and ATMs. These changes, pending approval, promise to simplify and expedite the process for millions of members by June 2025.
On March 22, 2023, banks across many Indian states shut down for festivals like Gudi Padwa, Ugadi, and others. Maharashtra, Karnataka, and other states were affected. While branch services paused, digital banking remained active, allowing customers continuous access to essential banking services.
The Indian stock market experienced significant shifts overnight as traders and investors geared up for the announcement of the 2025 Budget by Finance Minister Nirmala Sitharaman. With a special trading session on a weekend and expectations of fiscal relief, the market's initial optimism turned into caution amid global uncertainties. Attention focused on sectors like railways and the overall economic outlook, projecting a nuanced response to policy changes.