European Council President Antonio Costa on Tuesday said the conclusion of a comprehensive trade agreement between the European Union and India carried special personal significance for him, citing his Indian heritage and long-standing connection to the country. The agreement was announced following high-level talks in New Delhi, where Costa addressed a joint press conference alongside Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen.
Speaki
European Council President Antonio Costa on Tuesday said the conclusion of a comprehensive trade agreement between the European Union and India carried special personal significance for him, citing his Indian heritage and long-standing connection to the country. The agreement was announced following high-level talks in New Delhi, where Costa addressed a joint press conference alongside Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen.
Speaki
Gold prices surged to a fresh all-time high on Monday, crossing the $5,100 per ounce mark as investors increasingly turned to the precious metal for safety amid escalating geopolitical tensions and growing concerns over global fiscal stability. The rally extended gold’s record-breaking run, reinforcing its role as a preferred hedge during periods of uncertainty in financial markets.
Spot gold climbed as much as 2.4 percent to trade near $5,102 per ounce, equivalent to approximatel
Gold prices surged to a fresh all-time high on Monday, crossing the $5,100 per ounce mark as investors increasingly turned to the precious metal for safety amid escalating geopolitical tensions and growing concerns over global fiscal stability. The rally extended gold’s record-breaking run, reinforcing its role as a preferred hedge during periods of uncertainty in financial markets.
Spot gold climbed as much as 2.4 percent to trade near $5,102 per ounce, equivalent to approximatel
Gold has once again proven its reputation as a safe-haven asset, reaching new lifetime highs amid rising geopolitical tensions, a weakening US dollar, and growing concerns over global economic stability. On Friday, the price of gold on the MCX touched Rs 1,56,521, continuing its bullish momentum. This surge in gold prices has piqued the interest of investors, pushing them away from traditional financial assets like bonds and major currencies towards the metal. As geopolitical risks, such as t
Gold has once again proven its reputation as a safe-haven asset, reaching new lifetime highs amid rising geopolitical tensions, a weakening US dollar, and growing concerns over global economic stability. On Friday, the price of gold on the MCX touched Rs 1,56,521, continuing its bullish momentum. This surge in gold prices has piqued the interest of investors, pushing them away from traditional financial assets like bonds and major currencies towards the metal. As geopolitical risks, such as t
Prime Minister Narendra Modi launched a scathing attack on the ruling DMK government in Tamil Nadu during a massive NDA rally ahead of the 2026 Assembly elections. At the rally, Modi accused the DMK of running a “CMC government,” which he described as an acronym for “Corruption, Mafia, and Crime,” claiming that these three elements have been flourishing under their rule. He asserted that the people of Tamil Nadu are ready for change and emphasized that the NDA, under BJP leadership, i
Prime Minister Narendra Modi launched a scathing attack on the ruling DMK government in Tamil Nadu during a massive NDA rally ahead of the 2026 Assembly elections. At the rally, Modi accused the DMK of running a “CMC government,” which he described as an acronym for “Corruption, Mafia, and Crime,” claiming that these three elements have been flourishing under their rule. He asserted that the people of Tamil Nadu are ready for change and emphasized that the NDA, under BJP leadership, i
Indian Prime Minister Narendra Modi spoke with Brazilian President Luiz Inacio Lula da Silva in a high-level conversation that emphasized the continued growth and future potential of the India-Brazil Strategic Partnership. During the discussion, Prime Minister Modi expressed his anticipation of welcoming President Lula to India in the near future, underscoring the importance of strengthening bilateral ties and expanding cooperation across economic, technological and geopolitical fronts. Modi des
Indian Prime Minister Narendra Modi spoke with Brazilian President Luiz Inacio Lula da Silva in a high-level conversation that emphasized the continued growth and future potential of the India-Brazil Strategic Partnership. During the discussion, Prime Minister Modi expressed his anticipation of welcoming President Lula to India in the near future, underscoring the importance of strengthening bilateral ties and expanding cooperation across economic, technological and geopolitical fronts. Modi des
United States President Donald Trump on Wednesday expressed strong optimism about the future of India–US trade relations, indicating that discussions between the two countries were moving in a positive direction. Speaking about the ongoing trade negotiations, Trump highlighted his confidence that both sides would be able to arrive at a mutually beneficial agreement, underlining the importance of c
United States President Donald Trump on Wednesday expressed strong optimism about the future of India–US trade relations, indicating that discussions between the two countries were moving in a positive direction. Speaking about the ongoing trade negotiations, Trump highlighted his confidence that both sides would be able to arrive at a mutually beneficial agreement, underlining the importance of c
Nitin Nabin formally assumed charge as the National President of the Bharatiya Janata Party, creating history as the youngest leader to head the party at the age of 45. He succeeds JP Nadda, who is currently serving as a Union minister. The ceremonial change of leadership took place at the BJP headquarters in New Delhi in the presence of Prime Minister Narendra Modi, Union Home Minister Amit Shah, Defence Minister Rajnath Singh, Union Minister Nitin Gadkari, and several senior leaders of the
Nitin Nabin formally assumed charge as the National President of the Bharatiya Janata Party, creating history as the youngest leader to head the party at the age of 45. He succeeds JP Nadda, who is currently serving as a Union minister. The ceremonial change of leadership took place at the BJP headquarters in New Delhi in the presence of Prime Minister Narendra Modi, Union Home Minister Amit Shah, Defence Minister Rajnath Singh, Union Minister Nitin Gadkari, and several senior leaders of the
The United Arab Emirates has approved significant amendments to its child care framework, allowing foreign residents to foster children of unknown parentage, a move that expands access to a system that was previously restricted to Emirati citizens. The changes, enacted under Federal Decree-Law No. 12 of 2025, revise provisions of the 2022 law governing child welfare and are aimed at strengthening institutional care while broadening social participation in foster services.
The update
The United Arab Emirates has approved significant amendments to its child care framework, allowing foreign residents to foster children of unknown parentage, a move that expands access to a system that was previously restricted to Emirati citizens. The changes, enacted under Federal Decree-Law No. 12 of 2025, revise provisions of the 2022 law governing child welfare and are aimed at strengthening institutional care while broadening social participation in foster services.
The update
The United States considers India its most essential international partner, US ambassador-designate Sergio Gor said on Monday, as Washington and New Delhi prepare to restart a new round of trade negotiations beginning Tuesday, January 12. Speaking at the US Embassy in New Delhi, Gor underlined the depth of the bilateral relationship and expressed confidence that both sides could overcome existing challenges to advance cooperation across multiple sectors.
Gor, who also serves as Spec
The United States considers India its most essential international partner, US ambassador-designate Sergio Gor said on Monday, as Washington and New Delhi prepare to restart a new round of trade negotiations beginning Tuesday, January 12. Speaking at the US Embassy in New Delhi, Gor underlined the depth of the bilateral relationship and expressed confidence that both sides could overcome existing challenges to advance cooperation across multiple sectors.
Gor, who also serves as Spec
The proposed India–US trade deal failed to materialise because Prime Minister Narendra Modi did not personally call US President Donald Trump, according to claims made by US Commerce Secretary Howard Lutnick. Speaking on a podcast, Lutnick said the final step required to close the agreement was direct communication between the two leaders, which did not happen, leading to the collapse of the negotiations.
Lutnick stated that the framework of the deal had been completed and was rea
The proposed India–US trade deal failed to materialise because Prime Minister Narendra Modi did not personally call US President Donald Trump, according to claims made by US Commerce Secretary Howard Lutnick. Speaking on a podcast, Lutnick said the final step required to close the agreement was direct communication between the two leaders, which did not happen, leading to the collapse of the negotiations.
Lutnick stated that the framework of the deal had been completed and was rea
US President Donald Trump on Sunday, January 4, claimed that India has significantly reduced its purchases of Russian oil following the imposition of steep tariffs on Indian goods by Washington. Speaking aboard Air Force One, Trump said his administration’s decision to levy a 50 percent tariff had prompted a response from New Delhi, while also warning that the United States could escalate trade penalties further if necessary.
Trump asserted that India’s leadership acted in respo
US President Donald Trump on Sunday, January 4, claimed that India has significantly reduced its purchases of Russian oil following the imposition of steep tariffs on Indian goods by Washington. Speaking aboard Air Force One, Trump said his administration’s decision to levy a 50 percent tariff had prompted a response from New Delhi, while also warning that the United States could escalate trade penalties further if necessary.
Trump asserted that India’s leadership acted in respo
Gold prices are hovering near record highs across both global and domestic markets, supported by a rare convergence of powerful macroeconomic and geopolitical factors. Investors tracking precious metals are increasingly questioning whether the rally still has momentum left or if prices are nearing exhaustion after a sharp multi-year run.
Market experts say the surge in gold prices is not being driven by a single trigger. Instead, a combination of safe-haven demand, aggressive centra
Gold prices are hovering near record highs across both global and domestic markets, supported by a rare convergence of powerful macroeconomic and geopolitical factors. Investors tracking precious metals are increasingly questioning whether the rally still has momentum left or if prices are nearing exhaustion after a sharp multi-year run.
Market experts say the surge in gold prices is not being driven by a single trigger. Instead, a combination of safe-haven demand, aggressive centra
Former Indian Premier League chairman Lalit Modi has issued a public apology after facing widespread criticism over a viral video showing him celebrating with fugitive businessman Vijay Mallya in London. The video, which quickly spread across social media platforms, showed the two men referring to themselv
Former Indian Premier League chairman Lalit Modi has issued a public apology after facing widespread criticism over a viral video showing him celebrating with fugitive businessman Vijay Mallya in London. The video, which quickly spread across social media platforms, showed the two men referring to themselv
Gold prices have surged to a new all-time high as 2025 approaches its final days, marking one of the strongest rallies ever seen in the precious metals market. Spot gold climbed to a record level above $4,500 per ounce in early Asian trade, extending a remarkable year-long run that has delivered gains of more than 70 percent so far this year. Silver and platinum have also joined the rally, underlining that the momentum is not limited to gold alone but reflects broader strength across precious
Gold prices have surged to a new all-time high as 2025 approaches its final days, marking one of the strongest rallies ever seen in the precious metals market. Spot gold climbed to a record level above $4,500 per ounce in early Asian trade, extending a remarkable year-long run that has delivered gains of more than 70 percent so far this year. Silver and platinum have also joined the rally, underlining that the momentum is not limited to gold alone but reflects broader strength across precious
New Zealand Foreign Minister Winston Peters has publicly criticised the recently concluded India–New Zealand Free Trade Agreement, describing it as a low-quality deal that undermines New Zealand’s economic and labour interests. His remarks come just days after India and New Zealand announced the successful conclusion of FTA negotiations, which both governments claim could significantly boost bil
New Zealand Foreign Minister Winston Peters has publicly criticised the recently concluded India–New Zealand Free Trade Agreement, describing it as a low-quality deal that undermines New Zealand’s economic and labour interests. His remarks come just days after India and New Zealand announced the successful conclusion of FTA negotiations, which both governments claim could significantly boost bil
Former Congress chief Sonia Gandhi has said that the Narendra Modi government is dismantling the Mahatma Gandhi National Rural Employment Guarantee Act to make way for the newly approved G RAM G law. She argues that the transition marks a major shift from a rights-based employment guarantee to a discretionary programme that could weaken rural incomes and job security. According to her, the change may affect millions who rely on the scheme for seasonal work, wages and protection against distre
Former Congress chief Sonia Gandhi has said that the Narendra Modi government is dismantling the Mahatma Gandhi National Rural Employment Guarantee Act to make way for the newly approved G RAM G law. She argues that the transition marks a major shift from a rights-based employment guarantee to a discretionary programme that could weaken rural incomes and job security. According to her, the change may affect millions who rely on the scheme for seasonal work, wages and protection against distre
Prime Minister Narendra Modi has been awarded the Order of Oman, the Sultanate’s highest civilian honour, by Sultan Haitham bin Tarik in recognition of his contribution to strengthening India-Oman relations. The award was presented during PM Modi’s ongoing visit to Muscat, the final stop of his three-nation tour that included Jordan and Ethiopia. This recognition adds to his record of over 28 prestigious civilian honours from nations around the world, including recent distinctions such as
Prime Minister Narendra Modi has been awarded the Order of Oman, the Sultanate’s highest civilian honour, by Sultan Haitham bin Tarik in recognition of his contribution to strengthening India-Oman relations. The award was presented during PM Modi’s ongoing visit to Muscat, the final stop of his three-nation tour that included Jordan and Ethiopia. This recognition adds to his record of over 28 prestigious civilian honours from nations around the world, including recent distinctions such as
U.S. crude oil prices fell to their lowest level since May on Tuesday, deepening a prolonged downturn that has put the market on track for its weakest annual performance in seven years. The decline reflects growing concerns over a looming supply surplus and shifting expectations around geopolitical risks, particularly the possibility of a peace agreement between Ukraine and Russia.
West Texas Intermediate crude briefly dropped to $55.69 per barrel, while global benchmark Brent crude
U.S. crude oil prices fell to their lowest level since May on Tuesday, deepening a prolonged downturn that has put the market on track for its weakest annual performance in seven years. The decline reflects growing concerns over a looming supply surplus and shifting expectations around geopolitical risks, particularly the possibility of a peace agreement between Ukraine and Russia.
West Texas Intermediate crude briefly dropped to $55.69 per barrel, while global benchmark Brent crude
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.
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.
US President Donald Trump and Indian Prime Minister Narendra Modi held a phone conversation on Thursday, December 11, as confirmed by US Ambassador Sergio Gor. During the discussion, Prime Minister Modi expressed his support for President Trump’s ongoing efforts to help bring peace to Ukraine. The call comes at a time when both nations are navigating trade tensions following the United States’ decision earlier this year to impose a 50% tariff on select Indian goods.
According to
US President Donald Trump and Indian Prime Minister Narendra Modi held a phone conversation on Thursday, December 11, as confirmed by US Ambassador Sergio Gor. During the discussion, Prime Minister Modi expressed his support for President Trump’s ongoing efforts to help bring peace to Ukraine. The call comes at a time when both nations are navigating trade tensions following the United States’ decision earlier this year to impose a 50% tariff on select Indian goods.
According to
