Gold at nearly 6 year high of Rs 32,650 on festive demand

Vartha Bharati | 31-10-2018 | 16:18:00 IST

New Delhi, Oct 31: Gold prices rallied for the second consecutive session Wednesday, rising by Rs 30 to touch nearly six-year high of Rs 32,650 per 10 gram amid increased festive demand.

Silver, however, continued to remain weak and fell by Rs 40 to Rs 39,200 per kg due to tepid demand by industrial units.

Traders said sentiment remained positive on growing demand in the wake of upcoming festival of Diwali. Globally, gold stood at USD 1,217.84 an ounce in New York.

In the Delhi bullion market, gold of 99.99 and 99.5 per cent purity surged by Rs 30 each to Rs 32,650 and Rs 32,500 per 10 gram, respectively.

This is the highest level since November 29, 2012 when the precious metal had closed at Rs 32,940 per ten gram. Sovereign gold, however, remained unchanged at Rs 24,900 per piece of eight gram. Last week on October 25, gold prices hit an over 6-year high of Rs 32,625 per 10 gram.

In contrast, silver ready prices Wednesday fell by Rs 40 to Rs 39,200 per kg, while silver weekly-based delivery rose marginally by Rs 5 to Rs 38,350 per kg.

Silver coins rates also increased to Rs 76,000 for buying and Rs 77,000 for selling of 100 pieces.

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Azim Premji Foundation Scholarship: How to apply, when to apply; details here

15-05-2025 ¦ 15-05-2025 IST

Azim Premji, an Indian businessman and philanthropist | PC: PTI

Bengaluru: The Azim Premji Foundation has announced the Azim Premji Scholarship for the academic year 2025–26, aimed at supporting up to 2.5 lakh girls across 18 Indian states who are pursuing higher education after completing school. An official release from the foundation also stated that in the coming years the scholarship will be implemented across the country.

When to Apply:

According to a release from the foundation, the application process for the Azim Premji Scholarship 2025–26 will commence in September 2025. “Details of the program and any changes in the program design or coverage will be notified at the start of the application process,” the release added.

Where to Apply:

According to the release, the scholarship this year will be implemented across 18 states, namely Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Jharkhand, Karnataka, Madhya Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Rajasthan, Sikkim, Telangana, Tripura, Uttar Pradesh, and Uttarakhand. Students residing in these states and enrolled in recognised higher education institutions will be eligible to apply.

How to Apply:

• Girls who have completed their Class 10 and 12 education in government (public) schools and have secured admission in a bona fide higher education institution either a government-run college/university or select private institutions can apply for the scholarship.

• Once the application portal opens in September, students will be required to submit personal details, educational qualifications, proof of admission, and bank account information.

• The scholarship amount ₹30,000 per year will be transferred directly into the students' bank accounts in two instalments each academic year, read the release.