Gold Prices Drop Across Indian Cities as Brent Crude Crosses $100 Barrel
Gold rally halted on Friday as rates dropped across major Indian cities, with 24-karat gold in Delhi falling to ₹1,46,320 per 10 grams. Tensions between the US and Iran pushed Brent crude past $100 per barrel, sparking rate hike fears.
Silver Prices Decline on Profit Booking and Crude Inflation Fears; Check Rates in Your City
Silver prices slipped on Friday, July 24, following profit booking and concerns over high crude oil prices impacting central bank policies. Prices fell across spot and futures markets, with Delhi rates down by ₹300 per kilogram.
HP govt pushes to automate Public Service Guarantee Act as compliance lags after 15 years
The Himachal Pradesh government plans to automate all departmental service portals by August to fix the lagging implementation of the 2011 Public Service Guarantee Act. The upgrade will automatically register complaints if services are not delivered within the stipulated time, addressing long-standing delays across various state departments.
IMD downgrades Himachal weather warning to orange alert from July 19 to 22
The India Meteorological Department has revised its weather warning for Himachal Pradesh, replacing the previously issued red alert for July 20 and 21 with an orange alert spanning from July 19 to 22. Residents and tourists have been advised to avoid high-altitude travel and stay away from water bodies.
India-UK Trade Deal Set to Boost Duty-Free Steel Exports to $1 Billion
India's annual duty-free steel exports to the UK are projected to reach $1 billion under the newly active trade agreement. The boost comes after successful negotiations secured India a larger quota under the UK's new steel safeguard measures, which otherwise levy a 50 percent tariff on excess imports.
Hormuz crisis pushes Brent crude past $85 amid US-Iran tensions
Fresh geopolitical tensions between the US and Iran have pushed global crude prices sharply higher, with Brent crossing the $85 mark. Supply anxiety triggered by the escalating situation in the strategic Strait of Hormuz has reversed a recent downward trend, even as weak global demand caps further gains.
Gold-Silver Prices Slump on Stronger Dollar, US-Iran Tensions
Gold and silver prices opened weak on Monday, July 13, hit by a strengthening US dollar and rising crude oil prices amidst US-Iran tensions and a hawkish US Federal Reserve stance. Both precious metals recorded significant losses in early trading across domestic and international markets.
Govt to take action against Meta over child abuse content after tracking response: IT Secretary
The Indian government is set to take strict legal action against Meta following a compliance notice over Instagram advertisements promoting child sexual abuse content. This decision follows an investigation into algorithmic amplification of child abuse videos, drawing serious scrutiny from the IT Ministry and a public defence from Meta.
Jaguar Land Rover, luxury cars to get cheaper as import duty from UK cut to 10%
Luxury cars imported from the UK will become cheaper as India slashes import duties to 10% under the newly signed India-UK comprehensive economic and trade agreement. The phased duty reduction safeguards domestic EV manufacturing while clearing the path for zero-duty Indian EV exports to the UK starting from the sixth
PM Modi’s 3-nation tour seals Brahmos, uranium deals amid Indo-Pacific churn
Prime Minister Narendra Modi’s recent three-nation tour has significantly elevated India’s strategic footprint in the Indo-Pacific. Amid rising Chinese dominance and shifting US policies, New Delhi secured landmark agreements spanning the BrahMos missile deal, uranium supply, critical minerals, and sports diplomacy to strengthen regional partnerships.
