Gold, silver rate outlook: Precious metals may see mild rebound after sharp correction; PMI data, crude oil to guide trend

Precious metal prices may stabilise and witness a mild recovery next week after a steep correction, although the upside could remain capped due to elevated interest rates and a firm US dollar, analysts said.Market participants are expected to track key macroeconomic indicators, including provisional manufacturing and services PMI readings from the US, UK and Japan,…

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‘Can’t survive without terrorism’: BJP reacts to ex-Pakistan envoy’s remarks on striking India | India News

BJP National Spokesperson Tuhin Sinha NEW DELHI: The Bharatiya Janata Party (BJP) on Sunday said former Pakistani diplomat Abdul Basit’s recent remarks against India showed that Pakistan “cannot survive without terrorism.”Basit, former Pakistani envoy to India, said in an interview that in a hypothetical scenario where the US tried to destroy Pakistan’s nuclear capabilities, Islamabad…

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Sri Lanka increases fuel prices around 25% as Middle East tensions disrupt global oil supplies

Sri Lanka on Sunday raised fuel prices by around 25 per cent, marking the second increase within a week as the ongoing Middle East conflict continues to disrupt global energy markets, news agency PTI reported.The price revision, effective from midnight, comes as tensions triggered by joint US–Israel strikes on Iran and retaliatory action by Tehran…

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Preparations begin for hoisting flags atop 6 sub-temples in Ram Janmabhoomi complex | India News

AYODHYA (UP): Following the flag hoisting on the main spire of the Ram temple and other main temples in the Ram Janmabhoomi complex, preparations have begun for similar ceremonies at the six remaining sub-temples, the Shri Ram Janmabhoomi Teerth Kshetra Trust said.After a meeting held on Saturday, Trust General Secretary Champat Rai shared that the…

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Sebi board to consider easing FPI settlement norms, intermediary rule changes at Monday meet

The Securities and Exchange Board of India (Sebi) board will meet on Monday to deliberate on a wide-ranging agenda that includes a proposal to ease fund settlement norms for foreign portfolio investors (FPIs) and changes to regulatory frameworks governing market intermediaries, people familiar with the matter told news agency PTI.A key proposal before the board…

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Flamingo habitats face decline as wetlands turn toxic in Navi Mumbai | India News

Climate activists have sounded a ‘wetland emergency’, as three key flamingo habitats in Navi Mumbai have turned toxic, with tests of water samples revealing alarming results.Activists flagged the deteriorating condition of the DPS, NRI, and T S Chanakya lakes at Nerul, which serve as satellite wetlands for the Thane Creek Flamingo Sanctuary (TCFS), a Ramsar…

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Supply shock: Middle East conflict disrupts shipments and raw material flows, CII flags stress across Indian industry

Indian companies are facing supply-chain disruptions ranging from shipment delays to shortages of key raw materials due to the ongoing conflict in the Middle East, the Confederation of Indian Industry (CII) said on Sunday, highlighting rising stress in sectors dependent on global trade flows.In a statement, CII director general Chandrajit Banerjee said, as quoted PTI,…

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PM Modi to chair high-level meeting to review energy preparedness amid Middle East tensions | India News

NEW DELHI: Prime Minister Narendra Modi will chair a high-level meeting on Sunday evening to review India’s energy preparedness amid escalating tensions in the Middle East, with senior ministers set to assess the situation in the petroleum, power and fertiliser sectors, PTI reported citing sources.The meeting will focus on ensuring uninterrupted supply, stable logistics and…

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Govt to auction 19 critical mineral blocks in seventh tranche as focus sharpens on supply security

The government will launch the seventh tranche of auctions for critical and strategic minerals on Monday, putting 19 blocks on offer across multiple states as part of efforts to strengthen domestic resource security.The move comes as India seeks to boost self-reliance in clean energy, advanced technologies, fertilisers and other strategic sectors amid global supply-chain disruptions,…

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