Business
World’s Most Valuable Asset: Silver Overtakes Apple And Alphabet In Market Value, Expected To Beat NVIDIA; Gold’s Worth Revealed
World’s Most Valuable Asset: Silver has surged to become one of the world’s most valuable assets, overtaking tech giants Apple and Alphabet in market value and moving closer to surpassing NVIDIA to claim the second spot after gold.
Data from companiesmarketcap.com shows that silver’s market capitalization has risen to $4.22 trillion, just 8.1% behind NVIDIA, which stands at $4.592 trillion. Gold remains far ahead as the most valuable asset, with a market cap of $31.598 trillion as of Friday, December 26. The sharp rise in silver’s value comes amid a historic price rally. Spot silver on Comex crossed $75 per ounce on Friday, reaching a new record high.
In India, silver futures on the Multi Commodity Exchange touched an all-time high of ₹2,33,115 per kilogram during intraday trading. Meanwhile, NVIDIA’s stock was trading at $188.61, down 0.32% over the past 24 hours.
Experts believe silver could rise even higher. Surendra Mehta, national secretary of the India Bullion and Jewellers Association (IBJA), said that if the momentum continues, silver is likely to overtake NVIDIA and become the world’s second-most valuable asset.
Mehta also pointed to unusual price distortions in global silver markets. He said the price difference between silver on Comex and the Shanghai exchange has widened to nearly $7, far above the normal gap of less than $1.
The scale of the rally is clearly visible in Indian markets. Silver prices on MCX have jumped more than 153 per cent over the past year, rising from Rs 91,600 on December 26, 2024, to Rs 2,31,879 on December 26, 2025.
Gold has also delivered strong returns but has lagged behind silver, gaining nearly 80 percent during the same period as prices rose from Rs 77,460 to Rs 1,39,233 per 10 grams of 24-carat gold. (With IANS Inputs)
Business
At 6.7%, IIP growth hits over 2-year high – The Times of India
Gaining momentum
.The manufacturing sector rose by 8% in Nov, higher than 2% in Oct and above the 5.5% in Nov last year. The mining sector, which had been impacted by unseasonal rains, rebounded and rose by 5.4% in Nov, above the 1.8% contraction in Oct and higher than the 1.9% growth in Nov last year.The highlight for Nov was also the robust expansion in consumer durables and non durables sectors, which grew by 10.3% and 7.3% respectively. “On the demand front, the positive aspect was the improvement in the output of consumer durables and non-durables which grew by 10.3% and 7.3%, respectively, reversing the contraction seen in the previous months. Factors such as GST rationalisation, income tax relief, and easing inflation have boded well for the consumption scenario,” said Rajani Sinha, chief economist at ratings agency CareEdge.“On the investment front, there has been sustained healthy momentum in the growth of infrastructure/construction goods and capital goods output,” said Sinha.The capital goods sector, a key gauge of investment activity, rose an annual 10.4% higher than the 2.1% recorded last month and above the 8.9% expansion in the month of Nov last year.Aditi Nayar, chief economist at ratings agency Icra, said the impact of the US tariffs and penalties is likely to reflect across some of the manufacturing segments, partly offsetting the positive impact of the GST rate rejig. “However, electricity demand has expanded in Dec 2025 after a gap of two months, which should boost power generation in the month, auguring well for IIP growth in the month. We expect the IIP growth to ease to 3.5-5.0% in Dec, as the base effect normalises and the benefit from restocking wanes,” said Nayar.
Business
World’s Fastest Rail Network Can Take You From Delhi To Rishikesh In 45 Minutes Only – Discover Where This Marvel Is
World’s Fastest Train: Social media is buzzing with stories of the world’s fastest rail networks, but one line stands out for its sheer speed and efficiency. Recently inaugurated, China’s Xi’an–Yan’an high-speed railway is changing rail travel and showing how advanced infrastructure can be.
The new line connects northern Shaanxi province with lightning-fast convenience, reducing travel times and transforming daily commutes. A viral video shows the sleek trains gliding along the tracks, capturing the excitement of locals witnessing the future of rail transport.
In practical terms, imagine a journey in India: this high-speed line could cover the distance between Delhi and Rishikesh in only 45 minutes.
According to AFP, the Xi’an–Yan’an route is part of the world’s largest high-speed rail network, stretching to nearly one-fifth of the earth’s circumference. The C9309 train on this line runs at an astonishing 350 kilometres per hour (217 miles per hour), surpassing Japan’s Shinkansen, whose maximum speed is 320 kilometres per hour (200 miles per hour).
Operations officially began on December 26, and the launch day saw locals lining up to experience the speed for themselves. For many passengers, the biggest benefit is time saved.
Journeys that once felt exhausting are now fast, smooth and far more accessible, giving travellers a glimpse of what modern and efficient rail travel can achieve.
With this network, China not only demonstrates its engineering prowess but also sets a new global benchmark in speed, efficiency and passenger convenience.
Business
RBI To Auction Govt Bonds Worth Rs 32,000 Crore On Jan 2
New Delhi: The government of India on Monday announced the sale (re-issue) of “6.48 per cent Government Security 2035” for a notified amount of Rs 32,000 crore through price-based auction using the multiple price method. The auction will be conducted by the Reserve Bank of India’s Mumbai Office on January 2.
The Government will have the option to retain additional subscription up to Rs 2,000 crore against the security, according to a Finance Ministry statement. Up to 5 per cent of the notified amount of the sale of the security will be allotted to eligible individuals and institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities, the statement said.
Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber system) on January 2, 2026. The non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m., and the competitive bids should be submitted between 10:30 a.m. and 11:30 a.m., the statement explained.
The result of the auction will be announced on January 2, and payment by successful bidders will be on January 5. The Security will be eligible for “When Issued” trading in accordance with the guidelines on ‘When Issued transactions in Central government Securities’ issued by the Reserve Bank of India vide circular dated July 24, 2018, as amended from time to time.
Governments sell bonds to borrow money from investors, essentially taking loans to fund public spending like infrastructure, social programs, and to cover budget deficits, acting as a low-risk way for citizens or institutions to lend to the government in exchange for regular interest and principal repayment, thus financing national needs without immediately raising taxes.
These bonds are considered low-risk investments since they are backed by the government and are considered safe because of their relatively low risk. Government bonds typically pay low interest rates.
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