National News
BVC Logistics Brings World-Class Logistics Solutions to Hosur
BVC Logistics, India’s leading secure logistics provider, proudly announces the opening of its newest branch in Hosur, reinforcing its commitment to deliver innovative and customer-focused solutions. This expansion marks a key milestone in the company’s mission to enhance service delivery and strengthen its presence across Southern India.
The inauguration, held on January 24, 2025, was graced by esteemed guests from Titan Company, Mr. A. Balasubramanian P, Mr. Anandhapadmanaban B, Mr. Krishnamurthy, and Mr. Prabakaran K. Their presence at the event highlights the commitment to foster growth and collaboration within the region. “We are excited to open this new office in Hosur, a strategic location that will allow us to serve our clients in Southern India better,” said Mr. Anand Sen, CEO – Domestic of BVC Logistics. “This expansion aligns with our vision of providing timely, efficient, and secure logistics solutions for the gem and jewellery sector.” The Hosur branch is equipped with state-of-the-art facilities and technology to cater to the unique logistics needs of the region, particularly for the jewellery, precious goods, and high-value consignments industries. BVC Logistics continues to lead the way in secure logistics, ensuring its clients receive reliable and innovative solutions, enabling them to focus on growing their businesses.
National News
Gold and Silver Prices Slide In Early Domestic Trading
The Price Decline Followed Reports That Iranian Foreign Minister Abbas Araqchi Met Indirectly With U.S. Envoys Steve Witkoff and Jared Kushner Via Mediators
Gold and silver prices fell in early domestic trading on Thursday, as preliminary talks between Washington and Tehran curbed safe-haven interest.
On the Multi Commodity Exchange (MCX), gold futures for October 5 delivery dipped nearly 0.12% to Rs 151,071 per 10 grams at approximately 09:05 AM IST. Silver contracts for December 4 delivery slid 0.53% to Rs 234,650 per kg.
The price decline followed reports that Iranian Foreign Minister Abbas Araqchi met indirectly with U.S. envoys Steve Witkoff and Jared Kushner via mediators on Tuesday—their first contact since a July ceasefire collapsed.
Physical retail bullion tracking mirrored the broader futures weakness:24-Karat Gold: Rs 151,101 per 10 grams, down Rs 69 (-0.11%).Silver (999 Fine): Rs 234,821 per kg, down Rs 1,165 (-0.49%). 24-carat gold stood at Rs 151,840 per 10 grams earlier in the week, with 22-carat gold at Rs 139,187 per 10 grams.
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