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Aug 14 (Reuters) - Gold extended gains to a third straight session on Thursday, supported by rising expectations of an interest rate cut by the U.S. Federal Reserve in September following tame inflation data, which also weighed on the dollar. Spot gold rose 0.4% to $3,367.53 per ounce as of 0156 GMT. U.S. gold futures for December delivery added 0.3% to $3,416.70. "Markets are pricing in the chance that the Fed cuts 50 basis points in September. So the dollar's weakening, gold's going up as a ...Read More >
NEW DELHI: Amid worsening weather conditions and continuous rainfall in parts of Uttar Pradesh, all government and private schools from Classes 1 to 12 in Lucknow will remain closed on Monday, according to district magistrate Visakh G Iyer.Several parts of Varanasi were inundated on Monday following relentless downpours and a steady rise in the water level of the River Ganga. The river has been rising continuously since Saturday, triggering concerns of urban flooding.In response, authorities hav ...Read More >
MUMBAI, Aug 4 (Reuters) - India's central bank is expected to hold rates steady on Wednesday, but the odds of another cut have risen after the United States slapped steep tariffs on Indian exports last week, adding to pressure on growth even as inflation stays subdued. A large majority of economists, or 44 of 57, in a July 18-24 Reuters poll expect the Reserve Bank of India's monetary policy committee (MPC) to hold the repo rate at 5.50% on August 6. However, sentiment has shifted following th ...Read More >
MUMBAI (Reuters) -India's central bank is expected to hold rates steady on Wednesday, but the odds of another cut have risen after the United States slapped steep tariffs on Indian exports last week, adding to pressure on growth even as inflation stays subdued. A large majority of economists, or 44 of 57, in a July 18-24 Reuters poll expect the Reserve Bank of India's monetary policy committee (MPC) to hold the repo rate at 5.50% on August 6. However, sentiment has shifted following the tariff ...Read More >
MUMBAI: After the transfer of Mahadevi, an elephant belonging to a Jain shrine in Kolhapur, to Vantara, an animal rescue and rehabilitation initiative by the Reliance Foundation in Jamnagar, those who were unwilling to let go staged a march on Sunday. Thousands of locals and leaders from the ruling Mahayuti alliance in Kolhapur marched for 45 km from the shrine to the collector's office, demanding that Mahadevi be brought back, following which CM Devendra Fadnavis said he would hold a meeting on ...Read More >
MUMBAI (Reuters) -The rupee is likely to stay under pressure this week as concerns over steep U.S. tariffs on Indian exports linger, while the Reserve Bank of India's upcoming policy decision also looms large over the currency and government bonds. The rupee closed at 87.54 against the U.S. dollar on Friday, down 1.2% for the week, pressured by persistent foreign portfolio outflows and a 25% levy on Indian exports. While the local unit is hovering near its weakest level since February, fresh tar ...Read More >
Pathankot, Aug 3 (SocialNews.XYZ) Prime Minister Narendra Modi released the 20th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) on Saturday, transferring about Rs 20,500 crore directly into bank accounts of 9.7 crore eligible farmers. The financial assistance under the scheme has helped crores of farmers not just in meeting their agricultural needs but also in sailing through any crisis. In Punjab's Pathankot, many farmers were elated on receiving the 20th instalment of PM-KISA ...Read More >
Jamshedpur: Extending strong support to Prime Minister Narendra Modi's appeal to "buy and sell Indian goods," the Confederation of All India Traders (CAIT) has announced a nationwide campaign, "Indian Goods - Our Self-Respect," to promote indigenous products and strengthen the spirit of Atmanirbhar Bharat. The decision was taken at the two-day National Traders Conference held in New Delhi, which saw the participation of more than 150 prominent trade leaders from 26 states. The campaign will offi ...Read More >
Mumbai: Following allegations that the minister of state (MoS) for home, Yogesh Kadam, was running a dance bar with a licence in his mother's name, the Kadam family reportedly surrendered the orchestra licence of Savali bar in Kandivli on Friday. Shiv Sena (UBT) MLC Anil Parab criticised the licence surrender, stating it proves his allegations were right and that a dance bar was being operated by the Kadam family. Parab demanded Yogesh Kadam's resignation, arguing that just because a thief retur ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has broken down from the two-week consolidation range that held the market between $115,724 and $122,077, reaching a new local low near $114,000. The drop confirms a shift in short-term momentum, putting bulls on the defensive. The $117,000 level -- previously a key support zone -- now serves as the immediate resistance that must be reclaimed to signal a possible reversal. ...Read More >
New Delhi, Jul 20 (PTI) Gold prices are likely to remain range-bound in the coming week as investors await clarity on global trade negotiations, upcoming US macroeconomic data and signals from the Federal Reserve, analysts said. Traders will closely watch Fed Chair Jerome Powell's speech and global PMI data from major economies, including the US, UK and Eurozone. The European Central Bank's interest rate decision will also be closely tracked for cues on the bullion price trajectory, they said. ...Read More >
Mumbai, July 19 (SocialNews.XYZ) The Indian equity benchmarks ended the week on a weak footing, with the Nifty slipping below the 25,000 mark. The Sensex closed down 501.51 points at 81,757.73, while the Nifty shed 143.05 points to end at 24,968.40 on Friday, the last trading session of the week. Global cues remained uncertain due to rising crude oil prices amid disruptions in Iraq and unclear signals regarding the U.S. Fed's rate stance, fuelling inflationary concerns for oil-importing countri ...Read More >
June 13 (Reuters) - The UK's blue chip index held just below its all-time high hit last week as investors assessed the trajectory of U.S. tariffs as well as domestic interest rates, while AstraZeneca gained on successful drug trial results. The blue-chip FTSE 100 (.FTSE), opens new tab was up 0.4% as of 1105 GMT, while the domestically oriented FTSE 250 index (.FTMC), opens new tab added 0.3%. AstraZeneca (AZN.L), opens new tab added 1.4% after the pharmaceutical giant said its experimental dr ...Read More >
Traders have announced a three-day protest plan. On 23rd July, milk sales will be suspended. Gutka and cigarette sales will be halted on 24th July, and Full closure of bakeries, condiment shops and petty stores will be on 25th June. On 25th July, Bengaluru is set to see a city-wide bandh. Thousands of small business owners are set to protest against GST notices issued by the Karnataka Commercial Taxes Department. The notices target businesses that accepted digital payments exceeding GST registr ...Read More >
Mumbai: The BMC is set to begin structural strengthening work on the Parel TT flyover in October this year. To minimise traffic inconvenience, the repairs will be carried out in phases by closing one lane at a time. The repair work was originally planned two years ago but was deferred as the Delisle Road Bridge in Lower Parel was still under reconstruction at the time. Undertaking both projects simultaneously would have worsened traffic congestion in central Mumbai. Constructed in 1980, the Pa ...Read More >
Mysuru /Bengaluru: As GST notices continue to land at the doorsteps of small traders across Karnataka, vendors in cities like Mysuru and Bengaluru are increasingly rejecting UPI payments in favour of cash -- raising concerns over the future of India's digital payment ecosystem.In Mysuru, small shopkeepers, hotel owners, PG operators, and auto drivers have started declining UPI payments after receiving tax notices. The state's commercial tax department, using cumulative UPI transaction data from ...Read More >
Mumbai, July 15 (SocialNews.XYZ) Actor Aasif Khan, who suffered a heart attack on Monday evening. However, the actor is now stable, and out of danger. He has assured his fans that he is on his road to recovery. Aasif is known for his work in 'Mirzapur', 'Paatal Lok', 'Panchayat', 'Jamtara - Sabka Number Ayega' and 'Human'. On Tuesday, the actor took to the Stories section of his Instagram, and penned a note, notifying his fans that he is in a better condition. He wrote, "Over the past few hou ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bonk ($BONK) is on a tear, and it's not slowing down. The token just extended its gains, building on a massive 20% rally from last week. The reason for all the excitement? Traders are pouring cash into it. The futures Open Interest (OI) for $BONK has shot up to a yearly high, showing a ton of new money is flooding the market. This kind of action is exactly what a rally needs to k ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Stellar (XLM) has seen a sudden burst of activity this week. According to recent data, XLM jumped 12% in the last 24 hours to trade around $0.48. Its seven‑day return is even more eye‑catching, with a gain of 92%. Trading volume on spot markets climbed to $14 billion, a 17% rise, showing that investors are piling in. Based on reports, the old resistance zone at $0.31 up to $0.37 ...Read More >
Bengaluru: Small businesses across Karnataka -- including tea stalls, bakeries, salons, and local eateries -- have raised concerns after receiving GST notices based on their UPI transaction volumes. The Commercial Tax Department has issued these notices to entities whose annual digital receipts exceeded ₹40 lakh for goods or ₹20 lakh for services, even if they are not GST-registered. Tax consultants are urging affected traders to respond to the notices within the stipulated deadline to avoid pe ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Over the last month, Bitcoin ranged within the $100,000 -- $110,000 price region until its recent breakout to reach a new all-time high. On-chain data show that a shift in BTC holder behavior may have played a significant role in the flagship cryptocurrency's recent price action. In a July 12 post on the X platform, on-chain analyst Boris explained how a shift in Bitcoin holder a ...Read More >
New Delhi [India], July 12 (ANI): A massive fire that broke out in a shop on the first floor of a three-story building in Old Delhi's bustling Sadar Bazar has been brought under control, officials confirmed on Saturday. One fire operator sustained serious injuries during the operation and has been shifted to a medical facility, while no other injuries have been reported so far, according to authorities. Deputy Chief Fire Officer Sanjay Tomar provided details of the incident, stating, 'We recei ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Registration is now open for one of the most exhilarating crypto trading tournaments Victoria, Seychelles, July 10, 2025 -- Bitget, the world's leading crypto exchange and Web3 company, has officially opened registration for KCGI 2025, the most anticipated trading competition of the year, featuring a massive 6 million USDT prize pool, brand-new segments, and early-bird rewards th ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Cardano has slipped about 1.54% in the past day, but signs are pointing toward a turn in its fortunes. Traders have spotted a rare weekly golden cross on the ADA/USD chart. That happens when a shorter moving average crosses above a longer one. It can signal that buyers are gaining the upper hand after months of sideways action. According to analyst Mr. Brownstone, Cardano just lo ...Read More >
COIMBATORE: Following a complaint about unhygienic business practices, food safety department officials conducted a surprise inspection at Ukkadam wholesale and retail fish markets, on Tuesday. Fish traders have been advised not to use formalin-laced ice bars to store fish, as the consumption of fish adulterated with formalin can cause health issues. Also, we have advised them to sell fresh fish and avoid stale, said Dr T Anuradha, designated officer of the Food Safety Department, Coimbatore dis ...Read More >
Union Minister Piyush Goyal pledged to recommend a GST reduction on handicrafts and handlooms in Jammu and Kashmir. He addressed the FTII Traders Conclave 2025 in Srinagar. Goyal also announced a Centre of Excellence for Packaging and Design. Discussions included setting up a Centre of Excellence for storage technology. He assured support for startups and new talent. Union Commerce and Industry Minister Piyush Goyal on Sunday promised to recommend a reduction in the Goods and Services Tax impos ...Read More >
The industry has called for a cut in GST from 12 per cent to 5 per cent. "I have asked them to share the details with the Union finance ministry also. I will also talk and see how to bring (products) in the 5 per cent (GST) bracket... we will try to find a solution to this," he said, while addressing FTII Traders' Conclave in Srinagar. On Kashmiri apples, he said the industry has requested for more protection on this fruit, which at present attracts a minimum import price (MIP) Rs 50 per Kg an ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin started the month of July with a convincing rally to the upside, suggesting a sustained bullish sentiment amongst investors from its performance by the end of June. The upward rally, however, cooled off following the release of positive employment data by the United States. Traders might have expected this data to be typically bullish, but that has hardly been the reality ...Read More >
Srinagar, July 6 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Sunday stressed that India's free trade agreements (FTAs) will never come at the cost of national interest. Speaking at the FTII Traders Conclave in Srinagar, Goyal said the government is committed to ensuring that all trade deals are reciprocal and protect the interests of Indian traders and manufacturers. "An FTA is signed so our local goods have duty-free access to other countries and to resolve barriers in acc ...Read More >
Mumbai (Maharashtra) [India], July 4 (ANI): In a major development, the Securities and Exchange Board of India (SEBI) has passed an interim order against the Jane Street Group, to impound Rs 4,843.57 crore of illegal gains by manipulating the securities market, particularly on expiry days of Bank Nifty options. Also Read | Weed Ban Returning in Thailand? As Thai Government Takes U-Turn on Decriminalization of Marijuana and Restricts Access, Know What the New Order Says on Cannabis. ANI spoke w ...Read More >
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