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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
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
This morning, an attempted assassination of Akali Dal chief Sukhbir Singh Badal took place at the Golden Temple, but quick action by security personnel prevented any harm. Badal, who was performing sewadar duties after being punished by Akal Takht for mistakes during the Akali Dal's tenure, was approached by a man identified as Narain Singh. Singh, who had concealed a firearm in his pocket, tried to shoot Badal but was stopped just in time.
Alert sewadar personnel noticed the sh
This morning, an attempted assassination of Akali Dal chief Sukhbir Singh Badal took place at the Golden Temple, but quick action by security personnel prevented any harm. Badal, who was performing sewadar duties after being punished by Akal Takht for mistakes during the Akali Dal's tenure, was approached by a man identified as Narain Singh. Singh, who had concealed a firearm in his pocket, tried to shoot Badal but was stopped just in time.
Alert sewadar personnel noticed the sh
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 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
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
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
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
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
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
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
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
Indian boxer Nikhat Zareen has candidly reflected on her recent Olympic experience, acknowledging that it wasn't her day after a surprising medal-less campaign. Competing in the 50kg women's boxing category, Nikhat, a two-time world champion, faced top seed Wu Yu of China in the preliminary round, resulting in a unanimous decision loss. This early exit was especially disheartening for Nikhat, as many boxers she had previously defeated went on to win medals.
"Nobody is p
Indian boxer Nikhat Zareen has candidly reflected on her recent Olympic experience, acknowledging that it wasn't her day after a surprising medal-less campaign. Competing in the 50kg women's boxing category, Nikhat, a two-time world champion, faced top seed Wu Yu of China in the preliminary round, resulting in a unanimous decision loss. This early exit was especially disheartening for Nikhat, as many boxers she had previously defeated went on to win medals.
"Nobody is p
India's trade deficit saw a notable increase in August, reaching $29.65 billion, up from $23.5 billion in July. This expansion was primarily driven by a sharp rise in gold imports, which totaled $10 billion—an astonishing 103.7% increase compared to the previous year. The surge in gold imports is linked to a reduction in customs duties, now set at 6%, which spurred consumers to stock up ahead of the festive season.
Madhavi Arora, lead economist at Emkay, noted that while t
India's trade deficit saw a notable increase in August, reaching $29.65 billion, up from $23.5 billion in July. This expansion was primarily driven by a sharp rise in gold imports, which totaled $10 billion—an astonishing 103.7% increase compared to the previous year. The surge in gold imports is linked to a reduction in customs duties, now set at 6%, which spurred consumers to stock up ahead of the festive season.
Madhavi Arora, lead economist at Emkay, noted that while t
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
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
Neeraj Chopra’s 2024 Season Wrap-Up: Neeraj Chopra concluded his 2024 season with a second-place finish at the Brussels Diamond League final, narrowly missing the top spot by just 1 centimeter. The close result encapsulated the challenges and highlights of his year, marking an end to a campaign that was both difficult and insightful.
Injury and Performance: Chopra shared on social media that he competed in the Bruss
Neeraj Chopra’s 2024 Season Wrap-Up: Neeraj Chopra concluded his 2024 season with a second-place finish at the Brussels Diamond League final, narrowly missing the top spot by just 1 centimeter. The close result encapsulated the challenges and highlights of his year, marking an end to a campaign that was both difficult and insightful.
Injury and Performance: Chopra shared on social media that he competed in the Bruss
Hockey India has honored PR Sreejesh, the revered goalkeeper who played a pivotal role in India's back-to-back Olympic bronze victories, by retiring his jersey number 16 at the senior level. This gesture is a testament to his extraordinary contributions and remarkable career spanning nearly two decades. The decision to retire the number 16 jersey, while allowing it to remain in circulation at the junior level, underscores Sreejesh's lasting legacy in Indian hockey.
During a
Hockey India has honored PR Sreejesh, the revered goalkeeper who played a pivotal role in India's back-to-back Olympic bronze victories, by retiring his jersey number 16 at the senior level. This gesture is a testament to his extraordinary contributions and remarkable career spanning nearly two decades. The decision to retire the number 16 jersey, while allowing it to remain in circulation at the junior level, underscores Sreejesh's lasting legacy in Indian hockey.
During a
