Emkay Wealth Management expects silver prices to remain well-supported, citing falling US interest rates, geopolitical uncertainties, and supply deficits. Silver has risen 15% in CY24 and 11% YTD 2025, with strong industrial demand from EVs and green energy sectors.
Tighter fiscal policy in works with capex outlay at 3% of GDP
The government plans to enhance financial discipline and align budget allocations to reduce the debt ratio by seven percentage points by FY31. The finance ministry