Gold prices stood at Rs 76,140 as of 7:00 a.m., according to the India Bullion Association, marking a slight recovery of Rs 720 from the previous day's decline. November has seen significant volatility in gold prices, with a sharp drop following the festive season, followed by a rebound driven by geopolitical conflicts. The price chart for gold has been fluctuating throughout November. Initially, demand during the festive season led to a rally, pushing prices to Rs 81,500. Howev

Gold prices have dropped to Rs 75,420 as of 7:00 a.m. today, according to the India Bullion Association. This marks a decline after gold reached a high of Rs 78,000 on November 23. The yellow metal has experienced significant price volatility, largely driven by global market factors such as the US election results and geopolitical conflicts, which have directly impacted gold rates worldwide. After a brief rally during the festive season, which saw gold prices climb to Rs 81,500 in N

Bitcoin recently saw its longest losing streak since the 2016 US election, as its attempt to break the $100,000 price barrier failed, cooling the initial speculative fervor sparked by Donald Trump’s embrace of cryptocurrencies. The digital asset dropped about 6% over three days, bringing its value to $94,000 by Tuesday morning in London. This was part of a broader cooling in the crypto market, which had surged by $1 trillion since Election Day, but struggled to maintain momentum.

The Allahabad High Court has directed Additional Solicitor General (ASG) S.B. Pandey to seek instructions from the Ministry of Home Affairs and submit a response regarding the citizenship petition involving Rahul Gandhi by December 19, 2024. The matter was adjourned for hearing in the week beginning December 19, with the Court urging the government to present its findings on the issue. This follows a previous petition filed by S. Vignesh Shishir, a resident of Karnataka, who had pre

The 1990 Immigration Act brought significant changes to the H-1B visa program and employment-based green cards, imposing caps of 65,000 and 140,000 annually, respectively. These restrictions were implemented without considering the growing demand for skilled labor fueled by technological advancements. The arbitrary cap on H-1B visas quickly became insufficient as more than 70% of graduate students in tech fields at US universities were international students. In response to the escalat

The article highlights the significant increase in the number of wealthy individuals in India, specifically those reporting taxable incomes exceeding Rs 1 crore annually. Over 220,000 people now fall into this high-income bracket, with more than 100,000 of them joining in just the past three years. This sharp rise is attributed to the rapid economic growth in India, particularly in sectors such as technology, finance, and entrepreneurship. These industries have driven the creation of substant

The Andhra Pradesh High Court has raised concerns over the whereabouts of seven social media activists affiliated with the YSR Congress party who were reportedly arrested by the police for posting abusive messages against political rivals. The court admitted arguments on six habeas corpus petitions filed by the activists' family members and requested CCTV footage from the relevant police stations to determine the activists' status between November 4 and November 7. The state

Imane Khelif, the Algerian boxer who captured international attention with her Olympic gold at the Paris 2024 Games, is taking legal action against media outlets that published reports on her medical records. These reports, which leaked Khelif's alleged XY chromosomes, reignited a gender controversy that followed her victory over Italy’s Angela Carini in the opening round of the boxing tournament. Khelif’s quick and decisive victory in just 46 seconds, which left Carini injure

Gold prices have been on a downward trend since the US presidential election, with December future contracts opening lower on MCX. The price of gold fell by 0.37% to Rs 76,369 per 10 grams, while silver prices also dropped by 0.24% to Rs 90,601 per kg. In the last two days, gold prices have plummeted by Rs 2,100 per 10 grams and silver prices by Rs 4,050 per kg. According to the India Bullion and Jewellers Association Ltd (IBJA), the current prices for different carats of gold are a

The Reserve Bank of India (RBI) has reported an increase in its gold reserves, which now stand at 854.73 metric tonnes as of September 2024, up from 822.10 metric tonnes in March 2024. According to the half-yearly report on the management of foreign exchange reserves released on Tuesday, this increase indicates a strategic shift by the central bank amid rising geopolitical tensions, persistent inflation, and a stable interest rate environment. Out of the total gold reserves, 510.46

On Tuesday, gold prices saw a significant rise, increasing by ₹300 to reach ₹81,400 per 10 grams in the national capital. This surge is attributed to the heavy demand from jewellers and retailers ahead of Dhanteras, a festival known for its traditional gold purchases, as reported by the All India Sarafa Association. Silver also experienced a boost, climbing by ₹200 to ₹99,700 per kg, driven by rising demand from industrial units and coin makers. The previous day, silver was

With the festive season fast approaching, particularly the auspicious occasion of Dhanteras, gold and silver prices in India are showing notable fluctuations. As of Friday, gold is trading at ₹78,060 per 10 grams, according to the India Bullion and Jewellers Association Ltd (IBJA). This slight dip occurs as both metals hover near their all-time highs, spurred by traditional demand during this significant buying period. Dhanteras and its Significance: Dhanteras mar

The Andhra Pradesh High Court has ruled that a Public Interest Litigation (PIL) questioning the colors of Anna Canteen buildings is likely politically motivated. The Anna Canteens, established to provide affordable meals, have featured yellow and red colors since their inception, and there have been no recent changes to this scheme. The PIL was filed by Chandrasekhar Reddy, former president of the AP NGO Association, who alleged that the TDP was imposing its party colors on these government-f

The Telangana High Court has strongly criticized HYDRAA Commissioner Ranganath for conducting property demolitions without following legal procedures. During a hearing on Monday regarding a petition from affected parties, Ranganath appeared virtually to explain the demolitions. The court expressed frustration over the timing of the demolitions, questioning why they took place on a Sunday. Judges demanded to know if Ranganath was acting based on medi

India made history on Sunday as both its men's and women's chess teams secured their maiden gold medals at the 45th Chess Olympiad. In a stunning display of skill and strategy, the men's team triumphed over Slovenia, while the women's team dominated Azerbaijan, marking a monumental achievement in Indian chess. In the final round, the men's team showcased their prowess as D Gukesh, Arjun Erigaisi, and R Praggnanadhaa all claimed victories. Gukesh, facing Vladimir

The Supreme Court of India has taken a significant step by seeking a report from the Karnataka High Court concerning controversial comments made by Justice Vedavyasachar Srishananda. During a recent hearing focused on a landlord-tenant dispute, Justice Srishananda referred to a Muslim-majority area in Bengaluru as "Pakistan" and made a misogynistic remark about a woman lawyer. These statements have raised serious concerns about the conduct of judges and the implications of their wor

Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy, who lost his diplomatic passport following recent election results, faced a significant legal hurdle in securing a new passport. Initially, his request for a 5-year regular passport was denied by the Vijayawada special court, which issued a passport valid for just one year. Displeased with this decision, Jagan canceled his planned trip to London and chose to challenge the court's ruling at the AP High Court. In a recent

The recent order by the Telangana High Court has stirred significant public interest regarding the political integrity of MLAs who have defected from the Bharat Rashtra Samithi (BRS) to the Congress party. The court has directed the Assembly Speaker’s office to make a decision on the status of these MLAs, who include prominent figures such as Hyderabad MLA Danam Nagender, Station Ghanpur MLA Kadiyam Srihari, and Bhadrachalam MLA Tellam Venkat Rao. The petition, filed by BRS MLAs Koushik

Former Pakistan cricketer Saeed Ajmal recently expressed his deep admiration for Sachin Tendulkar, describing him as the most "honest and kind" cricketer he has ever met. Speaking at the GloFans High School Cricket Cup launch in Sharjah and Ajman, Ajmal recounted the joy of dismissing the legendary Indian batter, highlighting the honor and respect he holds for Tendulkar. Despite the competitive nature of cricket, Ajmal emphasized the mutual respect and kindness that characterized th

In a noteworthy development in the Delhi liquor policy case, the Supreme Court has questioned the Enforcement Directorate (ED) and Central Bureau of Investigation's (CBI) approach, particularly their reliance on statements from former accused individuals who have turned approvers. Justices BR Gavai and KV Viswanathan expressed concerns about fairness, noting that these statements alone cannot be the