
Gold Hits Record Highs in 2024, Outperforms Global Assets
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
Gold Hits Record Highs in 2024, Outperforms Global Assets
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-Pakistan Dispute Threatens 2025 ICC Champions Trophy
The 2025 ICC Champions Trophy is currently in turmoil due to the ongoing standoff between India and Pakistan. The Board of Control for Cricket in India (BCCI) has firmly stated that it will not send its team to Pakistan, citing security concerns and political issues. In response, the Pakistan Cricket Board (PCB) has threatened to boycott future ICC events if India does not agree to the proposed hybrid model, where India’s matches are played in Dubai, while the rest of the tournament tak
India-Pakistan Dispute Threatens 2025 ICC Champions Trophy
The 2025 ICC Champions Trophy is currently in turmoil due to the ongoing standoff between India and Pakistan. The Board of Control for Cricket in India (BCCI) has firmly stated that it will not send its team to Pakistan, citing security concerns and political issues. In response, the Pakistan Cricket Board (PCB) has threatened to boycott future ICC events if India does not agree to the proposed hybrid model, where India’s matches are played in Dubai, while the rest of the tournament tak

India's Inflation Drops to 5.48% in November Amid Rising Food Prices
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
India's Inflation Drops to 5.48% in November Amid Rising Food Prices
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

D Gukesh Eyes World Chess Title
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
D Gukesh Eyes World Chess Title
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 Pursuing PhD Alongside Cricket Career
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
Venkatesh Iyer Pursuing PhD Alongside Cricket Career
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

Sanjay Malhotra Appointed New Governor of RBI
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
Sanjay Malhotra Appointed New Governor of RBI
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

ICC Approves Hybrid Model for 2025 Champions Trophy
The International Cricket Council (ICC) has finalized a hybrid model for next year's Champions Trophy, allowing India to play its matches in Dubai, while Pakistan will co-host the event in the UAE. The decision, reached after informal discussions between ICC President Jay Shah and the Board of Directors, including Pakistan's representatives, is a major step toward resolving venue concerns in international cricket. The 2025 Champions Trophy will be held in the UAE and Pakistan, with In
ICC Approves Hybrid Model for 2025 Champions Trophy
The International Cricket Council (ICC) has finalized a hybrid model for next year's Champions Trophy, allowing India to play its matches in Dubai, while Pakistan will co-host the event in the UAE. The decision, reached after informal discussions between ICC President Jay Shah and the Board of Directors, including Pakistan's representatives, is a major step toward resolving venue concerns in international cricket. The 2025 Champions Trophy will be held in the UAE and Pakistan, with In

Uncertainty Over 2025 Champions Trophy
The future of the 2025 Champions Trophy is in jeopardy as tensions between India and Pakistan complicate the tournament's organization. India’s Board of Control for Cricket in India (BCCI) has made it clear that the Indian team will not travel to Pakistan without government approval, which remains pending. The Pakistan Cricket Board (PCB) had initially rejected the idea of a hybrid hosting model that would allow India to play in Dubai, but recently showed some flexibility, reportedl
Uncertainty Over 2025 Champions Trophy
The future of the 2025 Champions Trophy is in jeopardy as tensions between India and Pakistan complicate the tournament's organization. India’s Board of Control for Cricket in India (BCCI) has made it clear that the Indian team will not travel to Pakistan without government approval, which remains pending. The Pakistan Cricket Board (PCB) had initially rejected the idea of a hybrid hosting model that would allow India to play in Dubai, but recently showed some flexibility, reportedl

IIM Calcutta to Release CAT 2024 Provisional Answer Key Today
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
IIM Calcutta to Release CAT 2024 Provisional Answer Key Today
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

India-China Ties Improve After 2020 Ladakh Clash, Says Jaishankar
External Affairs Minister S. Jaishankar addressed the Lok Sabha on Tuesday, providing an update on the current state of India-China relations, which have seen improvement following the tensions that arose from the 2020 military clash in eastern Ladakh. The clash, which resulted in fatalities on both sides, marked a significant deterioration in the two countries' ties, making the situation "abnormal" until recent diplomatic efforts led to progress. Jaishankar explained
India-China Ties Improve After 2020 Ladakh Clash, Says Jaishankar
External Affairs Minister S. Jaishankar addressed the Lok Sabha on Tuesday, providing an update on the current state of India-China relations, which have seen improvement following the tensions that arose from the 2020 military clash in eastern Ladakh. The clash, which resulted in fatalities on both sides, marked a significant deterioration in the two countries' ties, making the situation "abnormal" until recent diplomatic efforts led to progress. Jaishankar explained

Bill Gates Faces Backlash Over India "Laboratory" Comment and Vaccine Trial
Bill Gates has found himself at the center of controversy following remarks he made during a podcast with LinkedIn co-founder Reid Hoffman. Gates referred to India as "a kind of laboratory to try things," which has sparked significant backlash, particularly in India. The comments, which were intended to highlight India's progress and its partnership with the Bill & Melinda Gates Foundation, have drawn attention to a controversial 2009 clinical trial funded by the Gates Found
Bill Gates Faces Backlash Over India "Laboratory" Comment and Vaccine Trial
Bill Gates has found himself at the center of controversy following remarks he made during a podcast with LinkedIn co-founder Reid Hoffman. Gates referred to India as "a kind of laboratory to try things," which has sparked significant backlash, particularly in India. The comments, which were intended to highlight India's progress and its partnership with the Bill & Melinda Gates Foundation, have drawn attention to a controversial 2009 clinical trial funded by the Gates Found

Russia Approves Record Military Budget for 2025 Amid Ukraine War
Russian President Vladimir Putin has approved the country's 2025 budget, allocating $126 billion (13.5 trillion rubles) to national defence, which accounts for 32.5% of the total government spending. This marks a significant increase from last year’s budget, highlighting the ongoing strain the war in Ukraine has placed on Russia’s finances. The budget sets a new record, with military spending expected to account for over 6% of Russia's GDP. In contrast, expenditu
Russia Approves Record Military Budget for 2025 Amid Ukraine War
Russian President Vladimir Putin has approved the country's 2025 budget, allocating $126 billion (13.5 trillion rubles) to national defence, which accounts for 32.5% of the total government spending. This marks a significant increase from last year’s budget, highlighting the ongoing strain the war in Ukraine has placed on Russia’s finances. The budget sets a new record, with military spending expected to account for over 6% of Russia's GDP. In contrast, expenditu

Union Government’s Fiscal Deficit Reaches 46.5% of Target by October 2024
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
Union Government’s Fiscal Deficit Reaches 46.5% of Target by October 2024
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 Supports PCB’s Stance Against Hybrid Model for Champions Trophy
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
Shahid Afridi Supports PCB’s Stance Against Hybrid Model for Champions Trophy
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

Maharashtra CM Decision Soon After Key Meeting with Fadnavis, Shinde, and Pawar
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
Maharashtra CM Decision Soon After Key Meeting with Fadnavis, Shinde, and Pawar
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

Potential Impact of Trump’s 25% Tariff on Imports from Mexico and Canada
President-elect Donald Trump has vowed to impose a 25% tariff on all goods imported from Mexico and Canada, set to take effect on his first day in office, January 20. The new tariffs are expected to have severe implications for American consumers, including higher prices on everyday products such as gasoline, produce, cars, and alcohol. Mexico, now the US’s top trading partner, and Canada, a major supplier of oil and agricultural products, will be significantly impacted by these tariffs
Potential Impact of Trump’s 25% Tariff on Imports from Mexico and Canada
President-elect Donald Trump has vowed to impose a 25% tariff on all goods imported from Mexico and Canada, set to take effect on his first day in office, January 20. The new tariffs are expected to have severe implications for American consumers, including higher prices on everyday products such as gasoline, produce, cars, and alcohol. Mexico, now the US’s top trading partner, and Canada, a major supplier of oil and agricultural products, will be significantly impacted by these tariffs

Prithvi Shaw Faces IPL Setback, Reflects on Discipline Over Talent
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
Prithvi Shaw Faces IPL Setback, Reflects on Discipline Over Talent
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

Allah Ghazanfar Joins Mumbai Indians for Rs 4.8 Crore in IPL 2025 Auction
In a thrilling IPL 2025 Auction, Afghanistan's promising spinner Allah Ghazanfar made a big splash as Mumbai Indians secured him for a whopping Rs 4.8 crore. The 18-year-old spinner, known for his brilliant performance in recent ODIs, including a standout spell against Bangladesh, attracted intense bidding from several franchises. Kolkata Knight Riders, who were interested in bringing him back, ultimately lost out to Mumbai Indians, who won the bidding war. Ghazanfar’s ris
Allah Ghazanfar Joins Mumbai Indians for Rs 4.8 Crore in IPL 2025 Auction
In a thrilling IPL 2025 Auction, Afghanistan's promising spinner Allah Ghazanfar made a big splash as Mumbai Indians secured him for a whopping Rs 4.8 crore. The 18-year-old spinner, known for his brilliant performance in recent ODIs, including a standout spell against Bangladesh, attracted intense bidding from several franchises. Kolkata Knight Riders, who were interested in bringing him back, ultimately lost out to Mumbai Indians, who won the bidding war. Ghazanfar’s ris

Ambati Rambabu's Comments on Pushpa 2
The much-anticipated release of Pushpa 2 is set for December 5, and it’s already making waves in both the Tollywood industry and Andhra Pradesh's political circles. Recently, YCP leader Ambati Rambabu weighed in on the film, expressing his belief that no political forces could prevent the film from succeeding at the box office. He specifically alluded to efforts by the NDA government and its supporters trying to hinder the movie's progress, drawing a comparison to the f
Ambati Rambabu's Comments on Pushpa 2
The much-anticipated release of Pushpa 2 is set for December 5, and it’s already making waves in both the Tollywood industry and Andhra Pradesh's political circles. Recently, YCP leader Ambati Rambabu weighed in on the film, expressing his belief that no political forces could prevent the film from succeeding at the box office. He specifically alluded to efforts by the NDA government and its supporters trying to hinder the movie's progress, drawing a comparison to the f

Rohit Sharma Set to Join Indian Squad for Perth Test
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
Rohit Sharma Set to Join Indian Squad for Perth Test
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