Gold prices advanced on Monday, as the metal’s appeal was boosted by safe-haven demand owing to tensions in the Middle East, while markets raised bets that the Federal Reserve will cut rates as soon as March. Spot gold was up 0.2% at $2,052.10 per ounce, as of 10:34 a.m. ET (1534 GMT). U.S. gold futures…
NEW DELHI: Khanij Bidesh India Ltd (KABIL), a joint venture of state-run miners, has inked India’s first overseas lithium exploration and mining deal involving five blocks in Argentina, setting off New Delhi’s overseas hunt for the critical mineral to loosen China’s stranglehold on a key element of energy transition.“The deal will help India strengthen lithium…
Surat’s textile industry prepares one lakh caps inscribed with Lord Ram’s name Surat: Amid surge of enthusiasm among the public for the inauguration of Ram Mandir in Ayodhya, the Surat textile industry has initiated the production of distinctive caps adorned with the name of Ram. Preparations are in full swing across the country, for the…
Somasundram PR, regional CEO India, World Gold Council MUMBAI: India will continue to see a rise in the consumption of gold backed by higher prosperity within the middle class and a rising awareness about its importance in portfolios, says Somasundaram PR, the regional CEO for India at the World Gold Council. “India will have to…
NEW DELHI: Expressing serious concern about the wide gap between the number of hit-and-run accidents in the past five years and the minuscule number of victims’ kin getting a paltry compensation of Rs 2 lakh each, the Supreme Court on Friday mandated the police to inform the kin of such accident victims about availability of…
NEW DELHI: India’s Vijayveer Sidhu secured a 17th Paris Games quota place for the nation by clinching a silver medal in the men’s 25m rapid-fire event at the Asian Olympic Qualifiers in Jakarta on Saturday.The 21-year-old, who won a team bronze at the Hangzhou Asian Games last year, joins fellow countryman Anish Bhanwala in earning…
NEW DELHI: Mickey Arthur, the former team director of Pakistan, conceded that the ODI World Cup match against India in Ahmedabad was one of the most challenging moments during his tenure, navigating the team through a hostile environment.Following Pakistan’s inability to reach the semifinals of the showpiece event last year, Arthur moved on from his…
NEW DELHI: The Council for Leather Exports (CLE) has asked the government to provide fiscal incentives in the Budget such as the PLI scheme and reinstatement of import duty exemption on certain goods to boost manufacturing and exports. The council has also suggested the government to consider permitting the export of all value-added leathers, including…
NEW DELHI: The new generation Akash surface-to-air missile system, capable of intercepting hostile aircraft, helicopters, and drones at a range of 30 km, is now ready for user trials before its induction into the armed forces.DRDO successfully tested the new-generation Akash missile on Friday from the integrated test range at Chandipur off the coast of…
CHENNAI: India’s leather and footwear industry is set for a robust growth hitting $47 billion by 2030 from the current levels of around $17.3 billion. The exports will more than double at $13.7 billion over the next six years. This has been revealed in the vision document 2030 for leather & footwear industry released by…
