Metal Oxide Semiconductor - Metal core-shell nanostructure with TiO2 as core and Ag nanoparticles as shell (TiO2@Ag) have been synthesized by a simple, environmentally friendly room temperature wet chemical method. The prepared TiO2@Ag core-shell nanoparticle was characterized by using various analytic techniques. X-ray diffraction analysis confirms the formation of tetragonal bcc structure anatase phase of TiO2 and Face-Centred Cubic structure (fcc) of silver in core-shell nanostructure. Fourier Transform Infrared Spectroscopy (FTIR) study proved the presence of characteristic peaks of both TiO2 and Ag. XPS study revealed the existence Ti4+ and metallic silver in core-shell nanostructure, High - Resolution Transmission Electron Microscopy (HR–TEM) and High - Resolution Scanning Electron Microscopy (HR–SEM) revealed the covering of Ag nanoparticles at the surface of TiO2 spheres. The TiO2@Ag core-shell nanoparticles exhibit a high residual mass of 95.9 % and stability to withstand up to 1000 °C. The prepared TiO2@Ag core-shell nanoparticles as photocatalyst showed enhanced photocatalytic degradation (240 min) of sulphur dye in effluent water with a degradation efficiency of 81 % and capable of employing in wastewater treatment to eliminate toxic elements present in it. In the current study, we have used core-shell nanoparticles prepared using the wet chemical method at room temperature. The prepared core-shell nanoparticles were used to study the photocatalytic degradation of sulphur black dye directly collected from textile effluent water. They were also used for the production of oxygen and hydrogen through the electrolysis process. The synthesized TiO2@Ag core-shell nanoparticles act as effective electrocatalyst for the production of oxygen and hydrogen through oxygen evolution reaction (OER) and hydrogen evolution reaction (HER) using the electrolysis process.