Gold price prediction today: Gold prices experienced volatility due to US-China trade deal developments, a stronger dollar, and fluctuating investor sentiment. Moody's downgraded the U.S. credit rating, adding to market uncertainty.
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The Centre has informed the Supreme Court that waqf, while an Islamic concept, isn't an essential part of Islam and thus can't be claimed as a fundamental right. This statement was made during arguments defending the Waqf (Amendment) Act, 2025, which is being challenged in court.
Despite a ceasefire between India and Pakistan, villagers along the LoC and IB in Jammu live with the constant reminder of recent hostilities. Unexploded shells litter the landscape, hindering farming and daily life, while the once-thriving border tourism at Suchetgarh has ground to a halt.
India's UN mission hosted an International Tea Day event, emphasising tea's role in economic empowerment and sustainable development. Ambassador Harish highlighted the industry's support for millions of livelihoods, particularly for women in rural India. Discussions addressed challenges like climate change impacting small-scale farmers, with calls for innovation and climate-smart practices to ensure the industry's future.
The BCCI has announced the schedule and venues for the IPL 2025 playoffs. New PCA Stadium in New Chandigarh will host Qualifier 1 on May 29 and the Eliminator on May 30. Ahmedabad's Narendra Modi Stadium will then host Qualifier 2 on June 1 and the final on June 3.
Neeraj Chopra showcased his prowess at the Doha Diamond League, achieving a personal best of 90.23m, though finishing second to Julian Weber. Arshad Nadeem, however, was absent, strategically focusing on preparations for the upcoming Asian Athletics Championships in Gumi. Chopra's performance, guided by coach Jan Zelezny, signals strong momentum heading into the World Championships in Tokyo.
India's restriction on garment imports from Bangladesh via land routes is poised to create a substantial opportunity for the domestic textile sector, potentially worth Rs 1,000-2,000 crore. While boosting local manufacturing and curbing indirect entry of Chinese fabric, this move may disrupt supply chains for apparel brands, leading to a slight price increase for consumers during the winter season.
Google co-founder Sergey Brin has returned from retirement to actively contribute to the company's AI development, driven by the transformative potential of generative AI. Brin is deeply involved in training Google's Gemini models, aiming for artificial general intelligence. He considers AI more impactful than previous tech revolutions, focusing on expanding Google's computational capabilities to meet the surging demand.
Citigroup has a buy rating on Bharti Airtel, while CLSA is optimistic about Tata Motors. Morgan Stanley is overweight on GAIL, anticipating increased gas demand. Motilal Oswal has a neutral rating on Cipla, expecting moderate earnings growth. Emkay Global maintains a buy rating on Tata Steel, noting a slight EBITDA decrease due to lower realization.
The UK has agreed to transfer sovereignty of the Chagos Islands to Mauritius, ending decades of British control. This controversial deal allows the UK and US to retain joint use of the Diego Garcia military base for 99 years.
Following Virat Kohli's Test retirement announcement, paparazzi at the Mumbai airport expressed their disappointment, stating they would no longer watch cricket. Kohli, accompanied by Anushka Sharma, politely declined photos due to time constraints.