The rally in gold prices was marked by key milestones. On July 18, prices touched Rs 76,410 per 10 grams, followed by another sharp rise to Rs 81,740 on October 31, driven by global inflation concerns, currency fluctuations, and the ongoing trend of de-dollarization.
The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.
Prime Minister Narendra Modi highlighted achievements made in the fight against Malaria and Cancer in today's 117th episode of 'Mann Ki Baat'. He remarked that these two achievements are attracting the attention of the world today.
The rate of homelessness in the US has risen by 18 per cent over the past year, Al Jazeera reported, citing a new report from the US Department of Housing and Urban Development (HUD) released on Friday.
Consumer discretionary investments followed at USD 2.30 billion, up 32.2 per cent, while the financial sector experienced a marginal dip to USD 2.20 billion. Major deals included KiranaKart Technologies (Zepto) at USD 1.3 billion and Poolside AI SAS at USD 500 million.
Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a manageable range of 1.2 per cent-1.5 per cent of GDP.
India's defence exports continue to rise touching a record Rs 21,083 crore (about USD 2.63 billion) in the FY2023-24, a growth of 32.5 per cent over the previous fiscal when the figure was Rs 15,920 crore.
Former skipper Babar Azam returned to the squad as the Pakistan Cricket Board (PCB) announced the playing XI for the boxing-day Test against South Africa which is set to be played at SuperSport Park in Centurion from Thursday.
The two-match series between both sides will start from Thursday onwards and winning it will seal Proteas' chances in the ICC World Test Championship final at Lord's next year in June. Shaheen missed out on the Test leg of the series after featuring in both white-ball series as PCB wants to
The foreign loan disbursements to Pakistan have dropped by 43 per cent, reaching USD 3.6 billion in the first five months of the current fiscal year, The Express Tribune reported on Tuesday, citing official data released on Monday.
India's foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of external debt outstanding at end-June 2024, stated the Reserve Bank of India (RBI) on Tuesday.