Gold Falls 1.5% as US Rate Cut Expectations Diminish
Gold prices declined significantly as stronger dollar and reduced Fed rate cut expectations pressured the market. Key economic data releases this week could shape future policy decisions.
Category : Business
Gold falls 1.5% on strong dollar, reduced rate cut bets
Gold prices declined more than 1% to $4,019.12 per ounce as the dollar strengthened and expectations for Fed rate cuts diminished. Key economic data releases this week could impact future price movements.
Fed's Lisa Cook Challenges Trump's Firing in Legal Battle
Federal Reserve Governor Lisa Cook's legal team rebuts mortgage fraud claims by Trump administration. Supreme Court to hear case January 21. Read the full details.
Lugano Holdings Files Bankruptcy Amid $500M Liabilities
Lugano Holdings Inc., operator of luxury jewelry boutiques, files for Chapter 11 bankruptcy with over $500 million liabilities after former CEO fraud scandal. Stores remain open during sale process.
Anil Ambani skips ED summons again in probe
Reliance ADA Group Chairman Anil Ambani fails to appear before ED for second time in money laundering investigation. Case involves alleged ₹1,200 crore bank fraud. Read latest developments.
Self-Employment Creates 35.8 Crore Jobs in India
India's self-employment sector surged from 23.9 crore to 35.8 crore jobs between FY18-FY24, driving labor force participation to 64.3%. Women lead this entrepreneurial revolution with 10.3 crore new jobs.
Russia, India Plan Shipbuilding Clusters in Mumbai, Chennai
Russia proposes joint shipbuilding and ship-repair clusters in Mumbai and Chennai, strengthening Indo-Russian maritime cooperation. Read about this strategic partnership.
Wall Street loses $1.64B bet on lottery company
Goldman Sachs and Deutsche Bank forced to absorb $500M after failed loan syndication for Allwyn's PrizePicks acquisition. Discover how credit markets turned cautious.
Murugappa's Arunachalam Vellayan passes away at 72
Arunachalam Vellayan, former Murugappa Group chairman, dies in Chennai at 72. Remembered for strategic leadership that doubled Group revenue and built lasting institutions.
US Lifts Tariffs on Indian Tea, Coffee & Spices
India to gain modestly as US removes reciprocal tariffs on agricultural products including tea, coffee and spices. Experts say benefits may be limited without infrastructure upgrades.
Top 10 Hardest Woods: Science Reveals Truth
Discover the world's hardest woods, debunking the myth that size equals strength. Learn about the Janka hardness test and why it matters for Indian industries and sustainability.
Former Murugappa Chairman Arunachalam Vellayan Dies at 72
Arunachalam Vellayan, former Chairman of Murugappa Group and industry veteran, passed away after prolonged illness. Remember his legacy and contributions to Indian business.
WhatsApp Stock Scam: Rs 2.7 Crore Lost in Mangaluru
A Mangaluru investor lost Rs 2.7 crore in sophisticated WhatsApp stock market scam. Learn how the 'F1 HDFC Securities' group tricked victims and protect yourself now.
McDonald's, KFC Coming to Indian Railway Stations
Indian Railways plans to bring McDonald's, KFC, and Haldiram's to stations nationwide. IRCTC's food court expansion aims to transform passenger dining experiences.
India Restricts Platinum Jewellery Imports Until 2026
Indian government imposes licensing requirements on platinum jewellery imports until April 30, 2026 to prevent FTA misuse, particularly with ASEAN nations. Learn how this affects trade.
Taiwan's Precision Engineering: Motion to Mastery Strategy
Explore Taiwan's unified vision for precision engineering excellence. Discover how innovation and technology are transforming manufacturing capabilities globally. Read more now!
Coimbatore Power Cut: 8-Hour Maintenance Nov 19
Power supply suspended in Kalapatti & Keeranatham areas of Coimbatore on Wednesday, November 19 from 9am to 4pm due to monthly maintenance work. Plan ahead!
Murugappa's Arunachalam Vellayan Dies at 72
Arunachalam Vellayan, former Murugappa chairman, passed away at 72. His bold retail vision led Coromandel International to serve 3 million farmers through 1,000 Growmor shops. Read his legacy.
India's Trade Deficit Hits Record High on Gold Imports
India's trade deficit reached a historic $31.5 billion in June 2024, driven by a massive 200% surge in gold imports. Explore the economic implications and government response.
EPFO UAN: How to Delink Wrong Member ID - 7 Steps
Step-by-step guide to delink incorrect EPFO member ID from your UAN. Learn the 7 simple steps and what to do if you get an error message. Essential reading for EPF subscribers.
Microsoft India Profit Jumps 38.66% in FY25
Microsoft India reports impressive 38.66% profit growth reaching ₹1,245.18 crore in FY2025. Revenue surges 28% to ₹29,303 crore. Discover the key factors behind this stellar performance.
India's US exports grow despite 50% Trump tariffs
India's exports to US show 14.5% monthly growth despite 50% tariffs, though down 8.58% year-on-year. Gold imports surge 188.2% while gems exports decline 29.5%. Read full analysis.
Foreign Investment in Indian Corporate Bonds: Key Trends
Foreign portfolio investment in Indian corporate bonds reaches $1.5 billion in Q1 2024. Explore key trends, regulatory changes, and future outlook for investors.
India Signs Major US LPG Deal, Boosting Energy Security
India secures a landmark LPG supply deal with the US, diversifying its energy sources. The 2.2 million tonne agreement starts in 2026, ensuring stable, subsidized cooking gas for millions of Ujjwala beneficiaries.
SC to hear PIL for probe into Anil Ambani's ADAG
Supreme Court agrees to hear PIL seeking court-monitored investigation into alleged fraud by Anil Ambani-led ADAG group. Read the latest developments.
India must build strong design capabilities: Minister
Union Minister Ashwini Vaishnaw emphasizes that deep design capabilities are crucial for Indian manufacturers to access global markets. Learn why in-house design teams matter.
New Mutha Bridge Lane Opens in February, Eases Pune Traffic
One lane of the new Mutha river bridge on the Mumbai-Bengaluru bypass will open by February, offering major relief from heavy traffic between Warje and Navale Bridge in Pune. Read more.
US Accuses Alibaba of Aiding Chinese Military
The White House alleges Alibaba provides technical support and data to China's PLA, raising major US security concerns. Read the full details and Alibaba's response.
India's Largest Spacetech Fund Secures Rs 1,005 Crore
SVCL's Antariksh Venture Capital Fund becomes India's largest dedicated spacetech investment vehicle with Rs 1,000 crore from IN-SPACE. Discover how this will boost India's space economy.
Indian Pavilion at Dubai Air Show Highlights Self-Reliance
India showcases growing aerospace capabilities at Dubai Air Show 2023. Union Minister Sanjay Seth reveals PM Modi's self-reliance vision driving defense exports surge. #MakeInIndia
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