Gold and silver prices have surged to record highs as investors rush back to precious metals, turning them into one of the strongest signals of global economic anxiety. A year that began cautiously is ending with aggressive buying, driven by inflation concerns, interest rate expectations, geopolitical tensions, and fears emerging from global bond markets. On Tuesday, gold prices climbed sharply, with spot gold rising to fresh all-time highs and futures also posting strong gains. Sil

Meta is preparing a major comeback to the artificial intelligence industry with two new models named Mango and Avocado, expected to launch in the first half of 2026. These models are designed to challenge the dominance of OpenAI and Google, who currently lead the AI landscape. Mango will focus on generating high-quality images and videos, while Avocado will serve as Meta’s next large language model, built for text generation, complex reasoning, and coding capabilities. Both models are being

German lawmakers are widely expected to approve a defense procurement package exceeding 50 billion euros on Wednesday, marking one of the most significant military spending decisions in the country’s post-war history. The move reflects a broader shift in Germany’s security policy as the government seeks to strengthen national and allied defense capabilities following Russia’s invasion of Ukraine. Agenda documents for the Bundestag’s Budget Committee indicate that members are

Silver prices touched a key psychological level on Friday as March futures on the Multi Commodity Exchange briefly crossed the Rs 2 lakh mark, reflecting strong momentum in the bullion market. The contract rose to an intraday high of Rs 2,00,362 before easing slightly in late trade. By 3:54 pm, silver was quoted at Rs 1,99,238, still holding most of the day’s gains as traders assessed near-term cues. The move marks the continuation of a steady rally seen over the past several weeks, driven by a combination of supportive global and domestic factors. A softer US dollar and declining global interest rates have improved the appeal of non-yielding assets such as precious metals, encouraging investor participation. At the same time, broader strength across industrial commodities has added to bullish sentiment in silver, which straddles both investment and industrial demand. Market participants point to global monetary easing as a key driver behind the recent surge. With the US Federal Reserve cutting rates again, expectations of a prolonged low-rate environment have strengthened. This has reduced the opportunity cost of holding metals and increased demand from investors seeking diversification and protection against currency volatility. A weaker dollar has further supported prices by making silver cheaper for overseas buyers, lifting global demand. Industrial consumption has also emerged as a significant pillar for prices. Silver remains a critical input for solar panels, electric vehicles, semiconductors and a wide range of electronic components. As global investment in clean energy and technology accelerates, demand for the metal continues to expand. Several industry estimates suggest that supply growth from mining has not kept pace with rising consumption, resulting in a persistent global supply deficit. In India, demand has been reinforced by the rapid expansion of solar power capacity and the government’s push to strengthen domestic electronics manufacturing. Traders noted that once silver moved decisively above the Rs 1.90 lakh resistance zone, momentum-based buying gathered pace, carrying prices toward the Rs 2 lakh threshold. The longer-term outlook remains constructive, supported by structural demand trends. Analysts tracking the market highlight that the imbalance between supply and consumption is likely to persist, keeping prices elevated. Based on these fundamentals, some projections point to a potential upside toward Rs 2.40 lakh over the medium to long term, provided global demand remains steady and mining output does not rise sharply. From a technical perspective, the ability of silver to sustain levels near Rs 2 lakh will be closely watched. Immediate resistance is seen around Rs 2,00,500, while support is placed near Rs 1,96,000. A firm close above resistance could strengthen expectations of a move toward the Rs 2.10 lakh to Rs 2.15 lakh range. However, traders caution that short-term volatility is likely, with profit booking or shifts in global rate expectations capable of triggering temporary corrections. Despite the possibility of near-term swings, the broader fundamentals continue to favour silver. Growing demand from solar, electronics and EV segments, combined with limited supply expansion, underpins the bullish outlook. The recent move past Rs 2 lakh has set a new reference point for the market, and its ability to build on this milestone will depend on how global monetary policy, industrial consumption and investor sentiment evolve in the weeks ahead.

Tax filing in 2025 was far more complicated for Indians than previous years, largely because personal income streams are no longer limited to salary alone. A growing number of taxpayers now earn through freelancing, digital content creation, SIP withdrawals, RSU vesting, intraday trades and influencer payouts. This shift has made filing returns prone to errors, especially for individuals who fail to reconcile their reported income with official tax statements. Financial experts say that AIS a

The U.S. Food and Drug Administration has released an updated notice regarding a nationwide recall of shredded cheese products distributed to several major retail chains, including Aldi, Target, and Walmart. According to the agency, more than 260,000 cases of shredded cheese may contain metal fragments, prompting officials to elevate their advisory and urge consumers to take immediate precautions. The update follows recent concerns in the dairy sector, including a separate recall involving Pr

China is developing the world’s first artificial floating island capable of surviving nuclear blasts and extreme ocean disasters. The massive 78,000-tonne structure, officially known as the Deep-Sea All-Weather Resident Floating Research Facility, is designed as a long-term deep-ocean base that can support up to 238 people for four months without fresh supplies. The island will feature a semi-submersible twin-hull design similar in size to the Fujian aircraft carrier and is expected to be o

A significant privacy issue in WhatsApp has come to light after researchers revealed that a long-standing flaw exposed the phone numbers and profile photos of nearly 3.5 billion users worldwide. The discovery was made by a team from the University of Vienna, who found that WhatsApp’s contact-discovery system lacked proper rate limiting, allowing automated tools to check millions of phone numbers per hour. Through this gap, researchers were able to confirm whether a number was registered on

Rising Diabetes Burden in India India has seen a rapid increase in diabetes cases over the last two decades. According to ICMR–INDIAB Study, diabetic adults rose from 32 million in 2000 to nearly 90 million in 2024. Approximately 1 in 9 Indian adults now live with diabetes, with numbers projected to exceed 100 million soon. Many cases remain undiagnosed, increasing the risk of complications. Lifest

If you’ve filed your income tax return and are still waiting for your refund, you’re not alone. Many taxpayers in India experience refund delays even months after filing. The good news is that under Section 244A of the Income Tax Act, 1961, the government must pay interest on delayed refunds provided the delay isn’t caused by the taxpayer. The interest rate is fixed at 0.5% per month or 6% per annum, calculated as simple interest on the refundable amount. Interest begins from

Leaked internal documents have exposed a shocking revelation about Meta, suggesting the company earned an estimated $16 billion annually from scam and fraudulent advertisements across its platforms, including Facebook, Instagram, and WhatsApp. Despite publicly claiming to prioritize user safety and ad transparency, these documents show a deep conflict between Meta’s financial gains and its enforcement of ad integrity policies. According to the leaked materials reviewed by Reuters,

Meta Platforms CEO Mark Zuckerberg has appointed long-time executive Vishal Shah to a senior position within the company’s artificial intelligence division, marking another key step in Meta’s strategic reorganization aimed at strengthening its AI capabilities. The decision underscores Zuckerberg’s continued emphasis on reshaping Meta’s leadership structure to accelerate progress in artificial intelligence and integrate it more deeply into the company’s products and services.

Walmart Inc. has temporarily halted its job offers to candidates requiring H-1B work visas, according to people familiar with the company’s internal hiring policy. The decision follows the Trump administration’s recent move to impose a $100,000 application fee on new H-1B petitions — a significant shift in immigration policy that has prompted widespread reassessment among U.S. corporations employing international talent. The temporary hiring freeze primarily affects Walmart’

Meta has unveiled a significant India-focused update for its Ray-Ban Meta smart glasses, introducing three major features tailored for local users: UPI Lite payment support, full Hindi language integration, and an AI voice inspired by Bollywood star Deepika Padukone. These enhancements aim to improve accessibility, boost engagement, and make the glasses more relatable to Indian consumers. As part of Meta’s broader localisation strategy, the update reflects a growing emphasis on cultural

Former US president Joe Biden has embarked upon a new stage in his medical care after a diagnosis of aggressive prostate cancer earlier this year, his spokesperson confirmed on Saturday. The spokesman said that, in conjunction with an existing hormone regimen, Biden is now receiving a course of radiation therapy as part of a broader treatment plan for his prostate cancer. According to the spokesperson, the radiation phase is scheduled to continue for five weeks, marking a significan

Gold has once again captured global attention by hitting a historic record high of $3,842 per ounce in international markets, with 22KT gold trading at Rs 11,410 per gram in India. This surge marks its strongest monthly rise in nearly 14 years, gaining 11.4% in September alone. The rally reflects a mix of political, economic, and investor-driven factors that have converged to push the precious metal into uncharted territory.

The clock is ticking for taxpayers who are required to file their income tax audit reports for the financial year 2024–25. The deadline has been set for September 30, 2025, and unlike in some past years, the Income Tax Department has not announced any extension. For companies, proprietorships, and firms whose accounts must be audited, filing the audit report on time is not just a compliance requirement—it is essential to avoid hefty penalties unde

Meta and Microsoft have issued urgent advisories to their H-1B visa employees following US President Donald Trump’s latest immigration crackdown. Internal emails accessed on Saturday revealed that the two tech giants advised foreign workers not to leave the United States for at least 14 days and instructed those currently abroad to return within 24 hours to avoid possible denial of re-entry. Meta’s adviso

The government extended the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 by one day, from September 15 to September 16, 2025. However, many taxpayers still missed this revised cut-off. If you are among them, there is no need to panic, as the Income Tax Department allows belated returns to be filed until December 31, 2025. A belated return refers to an ITR filed after the due date. Accord

The Income Tax Department extended the ITR filing deadline for Assessment Year 2025–26 by one day, moving it from September 15 to September 16, 2025. The announcement came after the e-filing portal suffered major technical glitches, including login failures and frozen screens, leaving lakhs of taxpayers stranded. By the original deadline, 7.3 crore returns were filed, crossing last year’s record, but at least 1.5–2 crore taxpayers were still