Silver fell by ₹6,251 to ₹2.60 lakh: Maruti Suzuki cars will be expensive; Tata Nexon record 23,365 units sold in January 2026

Yesterday’s big news was related to silver. According to IBJA, one kg of silver has fallen by Rs 6,251 to Rs 2,59,500. Earlier it was at Rs 2,65,751. At the same time, Maruti Suzuki India is preparing to increase the prices of its cars.

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1. Silver fell by ₹ 1.20 lakh in three days, became ₹ 2.60 lakh/kg: Today its price fell by ₹ 6,251, price falling due to profit booking

There is a fall in silver on 2 February, a day after the presentation of the budget. According to India Bullion and Jewelers Association (IBJA), one kg of silver has fallen by Rs 6,251 to Rs 2,59,500. Earlier it was at Rs 2,65,751. At the same time, the price of silver has decreased by Rs 1.20 lakh in 3 trading days.

There was an increase in the price of gold today. The price of 10 grams 24 carat gold has increased by Rs 49 to Rs 1,48,746. Before this, its price had decreased by Rs 26 thousand in the last 2 trading days. According to experts, the prices of gold and silver have declined due to profit booking.

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2. Maruti Suzuki cars will be expensive: The reason for this is the increase in cost, how much the price will increase is not decided yet; Prices increased by 4% in April 2025

Maruti Suzuki India is preparing to increase the prices of its cars. The company’s Senior Executive Officer (Marketing and Sales) Partho Banerjee said on February 2 that due to the continuous increase in commodity prices, input costs have increased, due to which it has now become necessary to increase the prices of vehicles.

Reason for increasing prices: Precious metal prices and geopolitical situation According to Partho Banerjee, the prices of raw materials are increasing rapidly on the commodity front. Especially the prices of precious metals have increased rapidly. He said that due to geopolitical tensions the supply chain and costs have also been affected.

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3. Tata Nexon becomes the country’s number-1 car in January 2026: Record 23,365 units sold, leaving behind Maruti’s Dezire

The dominance of SUVs is continuously increasing in the Indian automobile market. The year 2026 has started well for Tata Motors. Tata Nexon has overtaken Maruti Suzuki’s best selling sedan car Dezire and achieved the number-1 position in the month of January.

Tata Nexon has recorded the highest monthly sales ever in January 2026. A total of 23,365 units of Nexon were sold last month. Maruti Dezire stood at second place with 19,629 units. The share of SUV segment in the Indian passenger vehicle (PV) market has now increased to about 55%.

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4. STT was brought in 2004 to remove LTCG tax: Now the government is collecting both; Tax on F&O trading increased by 150% in the budget

Date 1 October 2004. The then Finance Minister P. Chidambaram removed the Long Term Capital Gains (LTCG) tax on stock market profits. In lieu of this he introduced Securities Transaction Tax (STT). The logic was simple – leave tax on profits, tax every transaction.

Everything went well for 14 years, but in the 2018 budget, the then Finance Minister Arun Jaitley re-introduced the LTCG tax. By the logic of 2004, STT should have been removed then, because it was brought in place of LTCG. But the government did not remove it.

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