Here's a brief outlook on today’s key events and a recap of Thursday’s major business news highlights. Key Events to Watch Today Here’s a summary of the major developments on Thursday: 1. Chief Economic Adviser V. Anantha Nageswaran gets 2-year term extension The government on Thursday extended the tenure of the Chief Economic Adviser, V. Anantha Nageswaran, by two more years. His extended term will expire on March 31, 2027. Nageswaran was appointed in 2022. He presented the Economic Survey for FY2024-25 on January 31, 2025. Read the full article here. 2. Gold, silver prices decline marginally on Thursday Prices of 24-carat gold per 10 grams fell by ₹192 to ₹86,541 on Thursday, down from ₹86,733, an all-time high on the previous day, according to the India Bullion and Jewelers Association (IBJA). Likewise, silver prices dropped by ₹385 to ₹97,181 per kg on Thursday. The white metal had reached its peak of ₹99,151 per kg on October 23, 2024. Read the full article here. 3. Sectors bracing for Trump tariff impact: From metal and auto to pharma, experts identify segments which could be worst-hit in the short term Amid US President Donald Trump's threat of reciprocal tariffs on India, retail investors are uncertain about which sectors to avoid and where to invest for the long term. Given the current global trade scenario, experts recommend focusing on banking and agriculture for investment. They advise avoiding metals, pharma, chemicals, minerals, and automobiles in the short term. Read the full article here. 4. Tesla may launch its most affordable EV at ₹21 lakh in India: On-road price could reach ₹36 lakh after tariff Tesla, the world’s largest electric vehicle manufacturer, may begin selling cars in India from April 2025. It plans to import the vehicles from its “giga-factory” in Berlin, Germany. Tesla is reportedly planning to launch its most affordable EV at $25,000 (₹21.71 lakh). However, the final price could go up to ₹36 lakh due to India's high import tariff. Read the full article here. 5. RBI’s new RBIDATA app: It allows access to over 11,000 financial data sets, helps find nearest bank branches, ATMs and more – all in one place The Reserve Bank of India (RBI) has launched ‘RBIDATA’, a mobile app designed to simplify access to financial information. It offers real-time economic data, enabling users to easily track and understand India’s economic landscape. Read the full article here. 6. Indian stock indices close in red for 3rd straight day on Thursday India's benchmark stock indices, Sensex and Nifty, retreated for the third straight day on Thursday, February 20, 2025. The 30-constituent index dipped over 200 points to close at 75,735, while the 50-stock index settled in the negative at 22,913. HDFC Bank, Maruti, Tech Mahindra, HCL, ICICI Bank, Sun Pharma, and Larsen Turbo were among the major losers. Read the full article here. Fuel prices in major cities