Gold has experienced a remarkable rise in 2024, reaching 40 new record highs year-to-date and appreciating by over 28%. According to the World Gold Council (WGC), this surge has made gold the best-performing asset class globally, surpassing US stocks, emerging market stocks, US bonds, and even US currency. In the third quarter of 2024, gold demand exceeded $100 billion for the first time, showcasing its robust market position. Looking ahead to 2025, the direction of the US Federal R

India's inflation rate, based on the Consumer Price Index (CPI), moderated to 5.48% in November, down from 6.21% in October, according to the Ministry of Statistics and Programme Implementation. This easing, however, is still above the Reserve Bank of India's (RBI) target of 4%, with food prices continuing to drive inflationary pressure. The food inflation rate surged by 9.04%, continuing its trend of high costs. Economists had forecast a median inflation estimate of 5.5% fo

Indian Grandmaster D Gukesh is set to make history in the World Chess Championship as he nears a potential victory over China's Ding Liren. The series is tied at 6-6 after 12 intense games, and with a dramatic Game 13 that ended in a draw, Gukesh now has a final chance to clinch the title. This pivotal game, scheduled for Thursday, marks the culmination of years of hard work and determination for the young chess prodigy. Born in Chennai on May 29, 2006, D Gukesh began playing ch

Venkatesh Iyer's Surprising Academic Pursuit Venkatesh Iyer, the talented all-rounder who made headlines with his hefty price tag of Rs 23.75 crore at the IPL 2024 mega auctions, is not just focused on his cricketing career. Despite his high-profile presence in the sport, Iyer is also pursuing a PhD and is on his way to becoming Dr. Venkatesh Iyer. His decision to continue his academic journey after his cricket career shows his commitment to education. Iyer even joked about his aca

Kerala Chief Minister Pinarayi Vijayan has criticized the Union Government for delaying financial assistance to Wayanad, which was severely affected by landslides in July. Nearly 400 people were killed in the disaster, and despite 100 days passing since Prime Minister Narendra Modi’s visit to the affected villages, the state has not received any financial aid for rehabilitation. The Centre has been swift in helping other disaster-hit states, but Kerala’s requests for aid have been

Sanjay Malhotra, a 1990-batch IAS officer from Rajasthan, has been appointed as the 26th Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das. The government announced that Malhotra will take charge from Wednesday for a term of three years. With a background in computer science from IIT Kanpur and a Master's in Public Policy from Princeton University, Malhotra has had a distinguished career spanning over three decades in various sectors, including finance, taxation, pow

External Affairs Minister S. Jaishankar, while receiving the 'India First' award at NDTV’s Indian of the Year ceremony, celebrated the crucial role of India's democracy in shaping the country's growth. He emphasized how democracy has brought forward voices from every part of the nation, not just metropolitan cities, giving equal representation to all sections of society. This inclusiveness, he argued, has been pivotal in driving India’s development. He also noted t

The Indian Institute of Management (IIM) Calcutta is expected to release the provisional answer key for the Common Admission Test (CAT) 2024 today. Once available, candidates can visit the official website, iimcat.ac.in, to download the answer key. The objection management window will be open from December 3 at 6 pm to December 5, 2024, at 11:55 pm, allowing candidates to raise any objections. After evaluating the objections, IIM Calcutta will announce the final results, expected by the secon

Krish Arora, a 10-year-old boy from Hounslow, West London, has made headlines by achieving an IQ score of 162, surpassing iconic figures like Albert Einstein and Stephen Hawking. His remarkable intelligence has earned him a spot in Mensa, the world’s most exclusive society for individuals with high IQs. Krish is also set to attend Queen Elizabeth's School, one of the top grammar schools in the UK. In addition to his academic brilliance, Krish excels in music, holding a gra

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical

As of October 2024, the Union government's fiscal deficit for the financial year 2024-25 stands at 46.5% of the total budgetary target, amounting to Rs 7.5 lakh crore. This is in line with the government's fiscal consolidation strategy, which aims to bring down the fiscal deficit to 4.9% of GDP for the year, an improvement from the previous fiscal year's target of 5.6%. The fiscal deficit gap, which represents the difference between government expenditure and revenue, is

Shahid Afridi, the former Pakistan cricket captain, has voiced his support for the Pakistan Cricket Board (PCB) in rejecting the hybrid model proposed for the 2024 Champions Trophy, which is set to be held in Pakistan. Afridi criticized the Board of Control for Cricket in India (BCCI) for mixing politics with sports, pointing out that Pakistan has toured India multiple times despite security concerns, including a white-ball series after the 2008 Mumbai terror attacks. Afridi emphasized that t

The wait for Maharashtra's next Chief Minister is nearing its end as the three key leaders of the ruling alliance—Devendra Fadnavis, Eknath Shinde, and Ajit Pawar—met with Union Home Minister Amit Shah in Delhi. The meeting, which concluded late at night, is expected to be the final step before an official announcement. Sources suggest that the decision is now almost finalized and will only require a sign-off from Prime Minister Narendra Modi. The developments come a

Prithvi Shaw, the former U-19 World Cup-winning captain, recently shared the valuable advice he received from cricket legend Sachin Tendulkar: "Discipline beats talent." Shaw, 25, had a difficult start to the week when he went unsold at the IPL mega auction despite a base price of Rs 75 lakh. Once seen as one of India’s brightest cricketing talents after his century on Test debut, Shaw now finds himself at a critical juncture in his career. His failure to attract int

The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and

Rohit Sharma, the Indian cricket team's captain, is set to join the squad in Perth on November 24, according to a report by Cricbuzz. After missing the first Test due to the birth of his second child, Rohit will arrive on Day 3 of the opening Test match at the Optus Stadium. His return will be a crucial boost for India ahead of the second Test in Adelaide, starting on December 6. In his absence, fast bowler Jasprit Bumrah is leading the Indian team during the first Test. India e

India is facing a critical 5-match Test series against Australia, with their hopes of qualifying for the 2024 World Test Championship (WTC) Final on the line. After a tough 0-3 loss to New Zealand, India must now perform exceptionally in this series to secure a third consecutive WTC Final berth. The article outlines the various scenarios under which India can qualify for the final, depending on their performance against Australia and other teams’ results. A 4-0 or 5-0 series w

At the 2024 Zhuhai Airshow, China presented a range of cutting-edge military technology, reaffirming its growing strength in defense and its ambition to be a global leader in military innovation. The biennial event, which attracts industry leaders and military experts from around the world, was a key platform for China to display new advancements in weapons, aircraft, and naval systems. Among the highlights was the J35-A Stealth Fighter, China's second stealth fighter after the

The appointment of BR Naidu as the chairman of the Tirumala Tirupati Devasthanams (TTD) board has ushered in a series of transformative reforms aimed at addressing challenges left behind by the previous YCP government’s board. As the new board takes full effect, the changes introduced by BR Naidu and his team are expected to streamline operations and ensure that the Tirumala shrine continues to uphold its sanctity and efficiency. One of the most significant reforms is the comp

The initial public offering (IPO) of NTPC Green Energy Ltd., one of the largest IPOs of the year, is attracting strong interest due to its promising long-term growth potential. The state-run NTPC Ltd.'s green energy arm is set to raise Rs 10,000 crore through its IPO, which opens for subscription on November 19, with a price band of Rs 102 to Rs 108 per share. Analysts are optimistic about the offering, highlighting NTPC Green Energy's solid financial backing from its parent