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

In a seminar with Collectors and Superintendents of Police (SPs) in Andhra Pradesh, Deputy Chief Minister Pawan Kalyan raised serious concerns about the ongoing smuggling operations at the Kakinada Seaport. He used the example of Ajmal Kasab and the 26/11 Mumbai attacks to emphasize the importance of robust border security, warning that similar threats could arise from unchecked smuggling activities. Despite three check posts on the route to the port, smuggling continues, raising alarms about

The Coin’s Significance and Auction Details: A remarkable piece of history, the Roman gold aureus bearing the image of Marcus Junius Brutus, one of the assassins of Julius Caesar, is set to be auctioned in Geneva on Monday. This rare coin is expected to fetch over a million Swiss francs, with the starting bid set at 750,000 francs (approximately $852,000). Considered a numismatic treasure, the coi

In October 2024, the Reserve Bank of India (RBI) made a significant move by adding 27 tonnes of gold to its reserves, bringing its total gold purchases for the year to 78 tonnes. This marks the highest level of purchases since 2009, when India acquired 200 tonnes from the International Monetary Fund (IMF). The RBI's total gold reserves now stand at 882 tonnes. In comparison, India had bought only 16 tonnes of gold in 2023. The RBI's gold purchase comes amid global economic i

Pawan Kalyan, Deputy CM of Andhra Pradesh, has long been a vocal opponent of the rice smuggling operations at Kakinada Port. His strong opposition to the illegal trade during the tenure of former MLA Dwarampudi Chandrasekhar has now escalated as he takes a firmer stance in his new position of power. On his visit to the Kakinada Port, Pawan Kalyan ordered the immediate seizure of a ship involved in the smuggling operation. Despite concerns from locals, who warned that 10,000 liveliho

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

In a shocking incident at Kalaignar Centenary Hospital in Chennai, a Tamil Nadu government doctor was stabbed seven times on Wednesday morning by a young man. The attacker, reportedly the son of a cancer patient being treated by the doctor, allegedly carried out the att

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

With just two days remaining before the IPL 2025 retention deadline, excitement is building around the Chennai Super Kings (CSK) and the pivotal decisions they will make. A key focus of speculation is whether MS Dhoni, the legendary captain, will return for another season. As an uncapped player since his international retirement over five years ago, Dhoni's status has generated heated discussions among fans and analysts alike. A recent post by CSK on social media, featuring cryp

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

A concerning incident unfolded in Chennai, where around 35 students from a private school were rushed to the hospital after they reported symptoms including giddiness and irritation in their throats and eyes. The students were taken to the hospital as a precaution, with at least three of them being transferred to a private facility for further care. Initial reports suggest that the symptoms may have resulted from exposure to gas, potentially leaked from the school’s science la

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

US-based Pinnacle Group, a leader in global workforce solutions, has officially opened its new office in Chennai, marking its first regional headquarters in the Asia Pacific region. Situated on the bustling Rajiv Gandhi Salai, known as the IT Corridor, this facility is set to enhance the company's engagement with its existing clientele while exploring new market opportunities. Since establishing operations in India in 2007, Pinnacle Group has made significant investments in the

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

In a significant development amidst ongoing political discourse, the TDP coalition government has received preliminary reports from IIT Chennai and IIT Hyderabad confirming the integrity of various building foundations in Amaravati. These buildings, which have been exposed to fluctuating water levels and weather conditions over the past five years under YCP rule, include crucial structures such as the High Court, Secretariat, and departmental offices. Experts from both IITs were tas

Kollam Gangireddy, a controversial figure associated with the YSR Congress Party (YCP), is reportedly on the verge of joining the BJP. Gangireddy, who has faced serious allegations including involvement in the 2003 Alipiri Bomb Blast and numerous red sandalwood smuggling cases, is said to be seeking refuge in the BJP as he navigates mounting legal challenges. His arrival in Vijayawada and impending meeting with AP BJP chief Purandeshwari has fueled speculation about his motives. Rec

The stage is firmly set for the commencement of the Indian Premier League with the inaugural match between Chennai Super Kings and RCB to be played on the 22nd of March.  As the anticipation is building up on the first game of the tournament, there is a substantial update as Chennai Super Kings have announced that MS Dhoni is getting replaced as the captain of the side.  CSK have announced that Ruturaj Gaikwad will be replacing Dhoni as the captain of the side an