Gold Drops Sharply, Hits Four-Month Low Amid Macro Headwinds
Gold prices fell over 5% on Monday, reaching a four-month low after recording its steepest weekly loss in over 40 years, as macroeconomic factors overshadowed safe-haven demand.
Gold prices fell over 5% on Monday, reaching a four-month low after recording its steepest weekly loss in over 40 years, as macroeconomic factors overshadowed safe-haven demand.
The National Highways Authority of India expects to complete remaining 1.2-1.3 km stretches of Ludhiana-Chandigarh highway by June, resolving long-standing land acquisition issues that stalled construction since 2020.
Small business owners in Nashik face a culinary crisis as promised commercial LPG cylinder supplies remain unfulfilled, caught between geopolitical tensions and stalled supply chains, forcing menu cuts and alternative fuel use.
The National Highways Authority of India is finalizing the detailed project report to widen NH-65 from four to six lanes, involving 350 acres of land acquisition and 500 house demolitions for new bypasses.
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RecommendedHundreds of Bengaluru's small bakeries and street food stalls face closure due to a severe commercial LPG cylinder shortage and soaring black-market prices, forcing vendors to protest and use firewood.
Industrial units across Madhya Pradesh are grappling with severe production cuts and soaring fuel costs as piped natural gas supply is capped at 65% of average consumption, down from 80%, due to global LNG supply disruptions linked to the West Asia crisis
Shortage of polymers like polypropylene and polyethylene due to raw material scarcity and LPG diversion is set to raise prices of packaged milk, drinking water, edible oil, stationery, medicines, textiles, and cars. Industry officials warn of grave situat
The Indian government has asked state-run oil companies to delay plans for reduced LPG cylinder quantities following easing West Asia tensions, though supply concerns persist with technical challenges.
South Western Railway officially notifies the Rs 1,481-crore quadrupling of the 42-km Bengaluru-Bangarpet stretch, aiming to double capacity and reduce delays on this congested corridor.
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RecommendedFugitive jeweller Nirav Modi appeared in London court to contest a Rs 100 crore claim by Bank of India over a 2012 loan. His lawyer argues the case is time-barred and flawed.
Auto operators in Kolkata have increased fares by Rs 2-5 per stage due to a Rs 13 LPG price hike, causing longer waits and higher costs for commuters. Major routes like Phoolbagan-Girish Park and Dharmatala-Lohapool see revisions, with fleet shortages exa
The proposed 105.5km Peripheral Ring Road in Mysuru faces uncertainty as the state government rejects MDA's funding proposal, delaying infrastructure development aimed at easing traffic congestion.
A district-level review meeting in Madhubani expressed dissatisfaction with the 48.22% Annual Credit Plan achievement, directing banks to switch to camp mode and expedite loan disbursement across key sectors by March 2026.
Coal India Limited announces two new non-coking coal washeries with 27 MTPA capacity in Odisha's MCL, plus a coal gasification-based ammonium nitrate plant. Minister details employment benefits and CSR investments.
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RecommendedFJCCI warns that the LPG shortage in Jharkhand could force industries to lay off workers, while police in Dhanbad issue strict warnings against black-marketing and hoarding of essential commodities.
NRIs cannot directly purchase agricultural land in India under FEMA regulations. Only inheritance or gifts from resident Indian relatives are permitted, with strict conditions on sale and repatriation.
ASSOCHAM has launched India's leadership in the BIMSTEC Business Council, focusing on enhancing trade, connectivity, and MSME growth in the Bay of Bengal region ahead of its 30-year milestone.
Toll collection at Ganeboil plaza on NH-48 in Belagavi has resumed with a fully automated FASTag system after a workers' strike halted operations for days. NHAI intervened to restore services, addressing wage disputes and planning a new contractor.
India's private sector capital expenditure by large firms is projected to decline nearly 17% in FY27, reflecting cautious corporate stance amid global economic uncertainty, according to a National Statistics Office survey.
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RecommendedA viral social media post by professional Sakshi challenges conventional wisdom about money and happiness. She reveals she felt most content earning Rs 15,000 monthly, not her current Rs 2.5 lakh, highlighting how comparison creates dissatisfaction.
The LPG shortage in Panaji has forced multiple eateries at the busy KTC bus stand to shut down or reduce hours, severely impacting food options for over 80,000 daily commuters and drivers.
Rajendri Singh, a Class 10 pass woman from Agra village, overcame financial hardship to build a thriving beekeeping business with 400+ bee boxes and Rs 25 lakh annual turnover through government schemes and self-help groups.
Indian equity markets plummeted sharply on Monday, eroding Rs 48.29 lakh crore in investor wealth since the West Asia war began, driven by geopolitical tensions, crude oil surges, and foreign outflows.
A sharp rise in LPG prices is forcing small-scale eateries and tea stalls in Trichy to shut down. Commercial cylinders now cost up to ₹5,000 in black market, making daily operations unsustainable for vendors.
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RecommendedCIMMYT highlights that agricultural mechanization could marginalize women farmers globally without access to tools, markets, and data on unpaid labor, urging gender-sensitive policies.
The Ministry of Petroleum and Natural Gas has issued 3.5 lakh PNG connections this month, while refineries operate at high capacity with sufficient crude and fuel inventories to ensure stable supply.
As geopolitical tensions rise, NRIs returning to India for safety must navigate complex tax rules on remote work income, with residency status and citizenship key factors.
An Air India Boeing 787 aircraft en route from Bengaluru to London was diverted to Jeddah, Saudi Arabia, following a technical issue. The airline confirmed the precautionary diversion and stated the plane is undergoing comprehensive safety inspections.
Gold prices dropped in the market as investors engaged in profit booking, driven by recent gains and ongoing volatility. This trend reflects cautious sentiment amid economic uncertainties.
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RecommendedUS stock markets surged sharply on Monday after President Donald Trump announced a delay in planned strikes on Iranian power plants, triggering a global relief rally and significant drop in oil prices.