The gold and silver prices declined on Tuesday after having an upward rally for the past two days, amid escalating uncertainties around the US tariffs.

The price of 24-carat gold dropped by over Rs 300, according to the India Bullion Jewellers Association (IBJA). Ten grams of 24-carat gold cost Rs 387 less, from Rs 98,303 to Rs 97,916.

The price of 10 grams of 22-carat gold also decreased, going from Rs 90,045 to Rs 89,691, a decrease of Rs 354. Additionally, the price of 18-carat gold fell, from Rs 73,727 to Rs 73,437 during the previous trading session, a decrease of Rs 290.

The Unique Identification Authority of India (UIDAI) reiterated the importance of completing the Mandatory Biometric Update (MBU) for children who have attained the age of seven but have not yet updated their biometrics in Aadhaar.

UIDAI said it has started sending SMS messages to the mobile numbers registered in the Aadhaar of such children for completing the MBU exercise.

Equity mutual funds significantly reduced their cash holdings in the month of June, indicating a resurgence of market confidence, according to latest data.

The average cash-to-assets under management (AUM) ratio fell from 3.56 per cent in May to a 12-month low of 3.09 per cent last month, according to data from Prime MF Database.

In absolute terms, mutual funds invested almost Rs 15,000 crore more in stocks each month, bringing the total amount of money in all schemes down from Rs 1.65 lakh crore in May to Rs 1.5 lakh crore in June.

Approximately 62 per cent of active equity mutual funds decreased their cash holdings, up from 60 per cent the month before.

Indian astronaut and IAF Group Captain Shubhanshu Shukla on Tuesday returned to Earth after a historic mission aboard the International Space Station (ISS), his family back home was overwhelmed with a mix of emotion including excitement, nervousness and pride.

The family members of Group Captain Shubhanshu Shukla, in Lucknow was filled with emotion, pride, and celebration as the news came in of his safe return from the International Space Station (ISS).

Shukla, who became the first Indian astronaut in over four decades to visit the ISS, successfully splashed down in the Pacific Ocean off the California coast at 3:00 PM IST, completing Axiom Space’s historic Axiom-4 (Ax-4) mission.

After the successful landing, Shukla’s family members shared their heartfelt emotions.

Speaking to IANS, his mother, Asha Shukla, said, “The excitement is visible on our faces. We’re extremely overwhelmed with emotion, knowing that our son has finally returned to Earth. I want to thank everyone for this. I feel so happy to see my son back, after so many days. Our excitement is endless—we are very proud.”

The Indian stock markets bounced back on Tuesday after four straight sessions of losses, supported by positive global cues, easing retail inflation and steady foreign fund inflows.

Both benchmark indices ended the day with strong gains. At the closing bell, the Sensex rose by 317 points, or 0.39 per cent, to settle at 82,570.91.

Following suit, the Nifty ended 113.5 points higher at 25,195.8 -- marking a gain of 0.45 per cent for the day.

Market sentiment is showing signs of improvement, supported by a blend of global and domestic developments, said analysts.

“Domestic inflation has fallen to multi-year lows, strengthening expectations of a further rate cut by the RBI -- potentially accelerating future economic growth, which is currently showing signs of improvement," said Vinod Nair of Geojit Investments Limited.

The Bombay Stock Exchange issued a statement on Tuesday confirming that it received a bomb threat via email from an unknown ID on the night of July 13 and as a precautionary measure, the exchange has stepped up its diligence and supervision at its premises.

The statement also said that an FIR has been filed on this issue and all relevant authorities have been informed of the said mail.

“Preliminary checks carried out by the relevant authorities have not found any suspicious element. The Exchange’s operations remain unaffected and continue as normal,” the statement said.

“We express our sincere thanks to the Mumbai Police and emergency response teams for their prompt and professional response,” the statement added.

The production of India’s indigenous fighter jet Tejas Mark-1A is set to gain momentum with the arrival of the GE-404 jet engine from the United States.

This marks the second engine received from American manufacturer General Electric for the Tejas Mark-1A programme.

Hindustan Aeronautics Limited (HAL), the state-run aerospace company responsible for manufacturing the Tejas, is expected to receive a total of 12 GE-404 engines by the end of the current financial year. These engines will power the Tejas Mark-1A fighter jets, which have been ordered by the Indian Air Force (IAF).

The IAF has placed an order for 83 Tejas Mark-1A aircraft, as it looks to strengthen its depleting fleet with homegrown fighter jets. The Air Force currently operates two squadrons of the earlier Mark-1 variant, stationed at the Sulur Airbase in Tamil Nadu.

India’s retail inflation during the last 11 years is averaging at around 5 per cent -- with a steady decline in recent months to touch an over 6-year low of 2.1 per cent in June this year.

The Finance Ministry figures show that the average inflation under Prime Minister Narendra Modi’s tenure stands at 5.1 per cent, compared to 8.1 per cent in the UPA regime.

During the UPA era, between January 2012 and April 2014, retail inflation was over 9 per cent for 22 out of 28 months, as per the official data.

In the UPA’s final three-year stint (2011–2014), India was saddled with an average retail inflation of 9.8 per cent even at a time when global inflation was relatively stable, hovering between 4–5 per cent, the official pointed out.

The Bombay Stock Exchange situated in South Mumbai received a bomb threat via email on Tuesday, following which police immediately swung into action.

Police sources said that the BSE received a threatening email on its official website.

The BSE received the email from an ID named "Comrade Pinayari Vijayan", inviting a prompt security response.

"Four RDX IED bombs have been placed in the BSE's Feroze Tower Building, and they will explode at 3 pm," the threat message read.

Within a few minutes of receiving information, the Mumbai Police and bomb squad reached the spot and launched the search.

A case has been filed with the Mata Ramabai Marg Police Station under various sections of the Bharatiya Nyaya Samhita (BNS).

The Indian equity indices opened in the green due to positive domestic cues like further softening of inflation, as Asian cues in the morning trade were largely positive.

At 9.24 am, Sensex was up 156 points or 0.19 per cent at 82,410 and Nifty was up 55 points or 25,136.

Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 310 points or 59,363 and Nifty smallcap 100 index was up 145 points or 0.77 per cent at 19,100.

“In the current environment of elevated volatility and mixed cues, traders are advised to maintain a cautious ‘buy-on-dips’ approach, especially when using leverage," said Hardik Matalia from Choice Broking.