Gold prices have been on a downward trend since the US presidential election, with December future contracts opening lower on MCX. The price of gold fell by 0.37% to Rs 76,369 per 10 grams, while silver prices also dropped by 0.24% to Rs 90,601 per kg. In the last two days, gold prices have plummeted by Rs 2,100 per 10 grams and silver prices by Rs 4,050 per kg. According to the India Bullion and Jewellers Association Ltd (IBJA), the current prices for different carats of gold are a

Solar Energy Corporation of India Ltd. (SECI) has debarred Reliance Power Ltd. and its subsidiary Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) from bidding in any future SECI tenders for the next three years. This decision comes after SECI discovered that the company had submitted fake bank guarantees during the bidding process for a 1 gigawatt solar power and 2 gigawatt battery energy storage system project. The Incident: Fake Bank Guarantees in SECI Tender