Business
Silver Crosses Rs 3 Lakh: Why Prices Are Soaring And What Investors Should Know
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Silver Crosses Rs 3 Lakh: Bullion experts say next level to watch for is 78.6% Fibonnici extension of $99.2-100 (~Rs 320,000) and 100% fibonnicci extension of $107 (~Rs 340,000).
Experts believe silver’s importance will continue to grow in the coming years. Expanding solar energy projects and the rapid growth of electric vehicles are expected to push industrial demand even further.
Silver Crosses Rs 3 Lakh: Silver has crossed the Rs 3 lakh mark for the first time in India, grabbing all the attention and raising a key question for investors: Is this rally driven by fundamentals or speculation, and what should one do at these levels? Here’s what experts say:
Why silver prices have surged
According to Aamir Makda, Commodity & Currency Analyst, Choice Broking, silver’s rally is not a sudden spike but an extension of last year’s momentum. “As of mid January-2026, Silver has delivered nearly 30% returns, mounting on the momentum of 2025. Silver has reached to $93 an ounce, a level once considered unthinkable, driven by a ‘perfect storm’ of industrial scarcity and geopolitical shifts.”
Unlike gold, silver today is as much an industrial metal as a precious one. Makda explains that silver demand is being powered by three major technology trends: rapid expansion of solar photovoltaic capacity, rising use in electric vehicles, which consume far more silver than conventional cars, and growing requirements from AI and data centres that rely on silver-based components. At the same time, supply is struggling to keep up.
“Global deficit of Silver has been projected to ~230 million ounce so far in 2026,” he said, pointing to China’s strict export licensing, limited mining growth, and sharply falling inventories.
Geopolitics and safe-haven demand
Geopolitical tensions have added another layer to silver’s appeal. Renisha Chainani, Head–Research at Augmont, noted that both gold and silver touched record highs as investors rushed into safe havens. “Gold and silver climbed to fresh record highs, with gold touching $4,698 (~Rs 1,45,500) and silver reaching $94.36 (~Rs 3,01,300), as investors rushed into safe-haven assets amid a sharp escalation in geopolitical tensions.”
She said the trigger was fresh tariff threats by US President Donald Trump against European countries, alongside elevated risks linked to Iran and the ongoing Russia-Ukraine conflict. These developments weakened risk assets and pushed investors toward precious metals.
Makda added that macro factors such as expected interest rate cuts and geopolitical stress in Iran and Venezuela have strengthened silver’s safe-haven appeal. He also highlighted a key market signal: “The notable decline in the gold-to-silver ratio signals a potential bullish trend for silver in the coming years. Gold/Silver ratio has declined to its historical average mark i.e. 50:1 as on date.”
What technical indicators are saying
While fundamentals remain supportive, experts are flagging short-term caution. Makda pointed out that technical charts show early warning signs. “We have observed a RSI bearish divergence on Daily charts which is a classic ‘Red flag’ warning… Along with this, we can see the fall in OI levels… which suggests a Long unwinding in Silver. Traders who already have long position, should look for a profit-booking at current levels.”
Chainani also highlighted near-term levels to watch. “Silver has touched the 61.8% Fibonnicci resistance target of $93 (~Rs 300,000). Next level to watch for is 78.6% Fibonnici extension of $99.2–100 (~Rs 320,000) and 100% fibonnicci extension of $107 (~Rs 340,000). Strong support lies at $86.5 (~Rs 285,000).”
She added that while physical tightness is showing early signs of easing, speculative appetite, especially in China, remains strong, keeping volatility high.
How should retail investors approach silver now?
For long-term investors, silver’s role may be less about timing the peak and more about portfolio balance. Vishal Kapoor, CEO, Bandhan AMC, said access and structure matter as much as price. “Gold and silver can play a meaningful role in portfolio diversification, but the way investors access these assets matters. Physical metal often brings uncertainties around purity, making charges, storage, and resale… The Fund of Fund (FoF) structure removes barriers… and enables disciplined investing through SIPs.”
Silver’s move beyond Rs 3 lakh reflects a rare convergence of strong industrial demand, tight supply, and heightened geopolitical risk. While the broader trend remains bullish, experts caution that sharp swings are likely at these elevated levels. For investors, silver may still have a place, but preferably as part of a diversified portfolio and with an eye on volatility rather than chasing prices blindly.
Experts believe silver’s importance will continue to grow in the coming years. Expanding solar energy projects and the rapid growth of electric vehicles are expected to push industrial demand even further. In response, the government has emphasised the need to boost domestic production and promote recycling of old silver. Although these measures may reduce import dependence to some degree, India is likely to remain reliant on silver imports for the foreseeable future.
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January 19, 2026, 16:49 IST
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The layoffs account for 3-4% of Flipkart’s workforce, which is higher than the company’s practice of letting go of 1-2% of employees in the lowest performance bracket every year.
Flipkart Layoffs 2026.
Flipkart Layoffs 2026: Flipkart, the Walmart-owned e-commerce giant, has reportedly asked around 400-500 employees to exit the company this year following its annual performance review process. According to a report by The Economic Times, the layoffs account for roughly 3-4% of Flipkart’s workforce, which is higher than the company’s usual practice of letting go of 1-2% of employees in the lowest performance bracket every year.
Why Has Flipkart Laid Off Employees?
Responding to queries, Flipkart said the move is part of its routine evaluation process. “Flipkart conducts regular performance reviews aligned with clearly defined expectations. As part of this process, a small percentage of employees may transition from the organisation. We are supporting affected employees with transition support,” the company said, according to Mint.
Layoffs Across Teams, Hiring Continues For Senior Roles
The job cuts have reportedly impacted employees across multiple departments and job levels. At the same time, the company continues to recruit senior executives as it prepares for a potential initial public offering (IPO).
According to a report by ANI, Flipkart has recently strengthened its leadership team with several senior appointments.
These include Somnath Das as vice-president (supply chain), Digbijay Mishra as vice-president (corporate communications), Vipin Kapooria as vice-president (business finance), Yogita Shanbhag as vice-president (human resources), and Amer Hussain as vice-president (supply chain for its grocery and quick-commerce businesses).
Flipkart Preparing For India IPO
In December 2025, Flipkart received approval from the National Company Law Tribunal to shift its legal domicile from Singapore to India, a key step ahead of a potential domestic listing.
The restructuring involved merging eight Singapore-based entities into Flipkart Internet Pvt Ltd, simplifying the group’s holding structure across businesses such as fashion, health and logistics.
Loss Widens Despite Revenue Growth
Financial data shows that Flipkart continues to expand its business, although losses have widened.
According to data from Tofler, Flipkart India reported a consolidated loss of Rs 5,189 crore in FY25, compared with Rs 4,248.3 crore in FY24.
However, revenue from operations rose 17.3% to Rs 82,787.3 crore, up from Rs 70,541.9 crore a year earlier.
Total expenses also increased 17.4% to Rs 88,121.4 crore, largely due to higher stock-in-trade purchases, which climbed to Rs 87,737.8 crore, compared with Rs 74,271.2 crore in the previous financial year.
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March 07, 2026, 14:51 IST
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Business
Want To Buy A House In Karnataka? Know About The ‘Namma Mane’ Scheme With Affordable Housing & Subsidies
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The programme aims to make land ownership more accessible for eligible residents while supporting the government’s wider goal of providing housing for all.
Under the ‘Namma Mane’ housing scheme 50,000 residential plots will be distributed at concessional rates over the next two years.
What if owning a home became a little more achievable? In the latest Karnataka Budget, the state government has announced a series of housing initiatives aimed at expanding access to affordable homes and residential plots. From the ‘Namma Mane’ scheme offering concessional sites to increased subsidies for beneficiaries and plans for a massive sports complex in Anekal, the announcements signal a renewed push towards housing development across the state.
The Karnataka government has unveiled several housing and infrastructure initiatives in the latest state budget, including the distribution of thousands of residential plots and the construction of a large sports complex in Bengaluru’s Anekal taluk. The announcements are part of broader efforts to expand housing access and improve public infrastructure across the state.
Karnataka Budget Housing Scheme: Key Benefits
One of the key proposals is the introduction of the ‘Namma Mane’ housing scheme, under which 50,000 residential plots will be distributed at concessional rates over the next two years. The programme aims to make land ownership more accessible for eligible residents while supporting the government’s wider goal of providing housing for all.
The Housing Department has also set a new target of sanctioning one lakh houses under various housing schemes in the state. These houses will be approved based on the Beneficiary Led Construction (BLC) model, which allows eligible beneficiaries to construct their own homes with financial support from the government.
As part of this initiative, the government has increased the subsidy amount provided under housing schemes. For beneficiaries in the general category, the subsidy has been raised from Rs 1.20 lakh to Rs 2 lakh. Meanwhile, beneficiaries from Scheduled Castes and Scheduled Tribes will receive increased assistance, with the subsidy rising from Rs 2 lakh to Rs 3 lakh.
The budget also introduces a change in the process used to select beneficiaries for state housing schemes. Instead of the traditional manual lottery system, selections will now be conducted through an online lottery in Gram Sabhas. The move is expected to improve transparency and streamline the allocation process.
In addition to housing initiatives, the Karnataka Housing Board has announced plans to develop a major sports facility in Anekal taluk of Bengaluru Urban district. The project, titled ‘KHB Surya Krida Grama’, will include the construction of an 80,000-seat cricket stadium designed to host international sporting events.
Meanwhile, the Karnataka Slum Development Board is continuing the implementation of housing projects under the Pradhan Mantri Awas Yojana (AHP). A total of 1.29 lakh houses are being constructed under the scheme, with 79,134 homes dedicated for the year 2025–26. The state government has allocated an additional grant of Rs 1,136 crore to support the project, providing permanent housing to many slum residents.
Since the Congress government came to power, Rs 7,328 crore has been spent on various housing schemes. So far, 4,19,454 houses have been completed and handed over to beneficiaries. The government has set a target to complete three lakh houses during the current year.
Authorities have also stated that steps will be taken to complete the 4.90 lakh houses sanctioned by the previous government, even though they were approved without grants.
March 07, 2026, 10:51 IST
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