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Silver prices surged past Rs 3 lakh per kg on the MCX, reaching an all-time high of nearly Rs 3.1 lakh for the March contract. This rally, fueled by a jump in global prices and a weaker rupee, saw international spot silver briefly exceed $94 an ounce.

ICICI Bank’s board has extended CEO Sandeep Bakhshi’s term by two years until October 2028, removing uncertainty and signaling continuity. This decision is viewed positively by analysts, who anticipate continued growth and profitability under his leadership. Bakhshi’s tenure has been marked by a significant rise in the bank’s stock price and market capitalization.

Vietnamese automaker VinFast is set to launch three new electric vehicle models in India by 2026, starting with a seven-seater MPV. The company plans to significantly expand its showroom network to 75 locations nationwide by next year, focusing on both smaller cities and urban hubs.

Free food grains from the public distribution system, benefiting nearly 80 crore people, will not be part of the new consumer price index basket. A technical panel decided against including these items to align with global practices, citing potential distortionary effects on inflation figures. This decision follows extensive discussions within the statistics ministry.

A CII survey reveals strong business sentiment fueled by robust domestic demand and improved profitability expectations. Nearly two-thirds of surveyed firms reported increased demand for July-September 2025, with a majority anticipating further growth. The industry expects continued momentum, partly attributed to GST rate cuts boosting consumption.

ET NOW is commencing its week-long coverage of the World Economic Forum in Davos, featuring ‘Davos Diaries’ with global leaders. Simultaneously, ‘Budget Yatra’ and ‘Bharat Yatra 2026’ are underway, capturing India’s economic aspirations and concerns across multiple cities.