Silver, often called "the poor man’s gold," is a unique asset caught between its industrial utility and its historical role as a store of value. Its price is a complex function of supply, industrial demand, monetary policy, and, increasingly, global politics. As we look ahead to the next five years (2026–2031), understanding these intertwined forces is crucial for any forecast. Current Analysis: A Dual-Purpose Metal Under Pressure In early 2026, silver trades with significant volatility. As an industrial metal, its demand is heavily tied to green energy technologies. Solar panels, electric vehicles, and 5G infrastructure all consume substantial amounts of silver. This creates a strong fundamental demand floor. However, high interest rates in major economies have pressured all non-yielding assets, including precious metals. Silver’s price often follows gold’s broader movements but with amplified swings due to its smaller, less liquid market. On the supply side, mining o...
Fiscal 2019-20 will endways 30th June 2020, while the fiscal year 2020-21 will begin on 1st July 2020, but ends on 31st March 2021.
Fiscal 2019-20 will endways 30th June
2020, while the fiscal year 2020-21 will begin on 1st July 2020, but ends on
31st March 2021. The reserve bank of India (RBI) has decided to align its
fiscal year with the govt. The central board of the RBI, in its meeting in New
Delhi on Saturday decided that the financial year 2021-22 for the financial
institution will begin from 1st April. Fiscal 2019-20 will endways 30th June
2020, while the financial year 2020 -21 will begin on 1st July 2020, but ends
on 31st March 2021. Thereafter, all financial year will start on 1st April each
year.
As of now, both - the RBI and also
the Government - follow the 'T plus one' system. This suggests the fiscal year
spreads over two successive years. But still, there's one fundamental
difference. The financial year for the govt starts on1st April in 'T' (first year) and ends on 31st
March in 'T + 1' (second year). The financial year for the RBI, however, begins
on 1st July within the first year and ends on 30th June within the next year.
The alignment with the govt will change the way the RBI does bookkeeping. Also,
it's going to not require them to announce the interim dividend.

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