Gold crosses ₹1.30 lakh for the first time: Railway ticket booking website and app down; Withdraw 75% PF one day after leaving the job

Yesterday’s big news was related to gold. Gold again made a new all-time high on October 17. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 2,113 and closed at Rs 1,29,584. It had made an all-time high of Rs 1,30,874 during the day’s trading. Yesterday it was at Rs 1,27,471.

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1. Gold crossed ₹ 1.30 lakh for the first time, rose by ₹ 2,113 today: Silver became costlier by ₹ 1,147, selling at ₹ 1.69 lakh per kg; Gold increased by ₹ 53,422 this year

Gold again made a new all-time high on October 17. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 2,113 and closed at Rs 1,29,584. It had made an all-time high of Rs 1,30,874 during the day’s trading. Yesterday it was at Rs 1,27,471.

There was also a rise in the price of silver today. It increased by Rs 1,147 to Rs 1,69,230 per kg. Yesterday silver was Rs 1,68,083 per kg. Earlier on Tuesday, October 14, silver was at an all-time high of Rs 1,78,100.

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2. Railway ticket booking website and app down: Thousands of passengers troubled before Diwali, users are not able to book tickets.

Before Diwali, on October 17, IRCTC’s website and mobile app were down. People are not able to book train tickets from 9 am. There is also difficulty in using other services of IRCTC.

According to outage tracking platform Down Detector, people started filing complaints about sites and apps being down from 9:00 am. By 11 am, about 6,000 people had reported it.

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3. Now withdraw 75% PF a day after leaving the job: Earlier one had to wait for 2 months; You will be able to withdraw 25% amount if you remain unemployed for a year.

Now, if employees are no longer employed, they can withdraw 75% of the amount from their PF account the very next day. You will not have to wait for 2 months to withdraw money like before. Apart from this, if you remain unemployed for 12 months, you will be able to withdraw 100% amount from your PF account.

Employee Provident Fund Organization (EPFO) had taken this decision in the Central Board of Trustees (CBT) meeting held on October 13. But under the new rules, there was confusion regarding the time period for withdrawing money from PF account after leaving the job.

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4 Reliance Industries’ profit increased by 16% to ₹ 22,146 crore: Earning in the second quarter was ₹ 2.63 lakh crore, the company’s revenue increased by 10%.

Reliance Industries, the country’s largest company in terms of market value, has made total income of Rs 263,380 crore in the second quarter of the financial year 2025-26. This is about 10% more than last year. In the first quarter of last year, the company had earned Rs 240,357 crore.

If expenses like employee salaries, taxes, cost of raw materials are removed from the total income, then the owners of the company are left with Rs 22,146 crore as net profit (consolidated net profit). This is 16% more than the July-September quarter of 2024-25. Last year the company had made a profit of Rs 19,101 crore.

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5. SMBC will not buy controlling stake in Yes Bank: This Japanese company has bought 24% stake; Yes Bank shares fell 4%

Japanese banking company Sumitomo Mitsui Banking Corporation (SMBC) has refused to buy more stake in Yes Bank. An SMBC official said on Friday that SMBC currently has no intention of increasing its stake in Yes Bank beyond the prescribed limit of 24.99%.

Due to this news, Yes Bank shares fell by 3.37%. Earlier, it was being claimed in media reports that a big company like SMBC will soon increase its stake in Yes Bank and acquire controlling stake (51% stake). SMBC currently holds 24.2% stake in Yes Bank.

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