Visitors to the small bylane of Murran in Pulwama are first greeted by scattered blue pieces of glass all over the ground. Around 200 meters inside, the house that once belonged to wanted terrorist Ehsan Ul Haq now lies in ruins.
As of April 24, 7:55 am, gold prices on the Multi Commodity Exchange (MCX) stood at ₹94,751 per 10 grams, marginally up by ₹29.
Hyderabad witnessed a historic milestone on Tuesday as gold prices crossed ₹1 lakh per 10 grams for the first time, intensifying concerns for buyers amid the ongoing wedding season.
Federal Reserve Chair Jerome Powell has issued a grave warning: President Trump’s aggressive tariff strategy risks triggering stagflation — a rare and perilous mix of rising prices and slowing growth. Speaking in Chicago, Powell cautioned that the U.S. may soon face economic pressures not seen since the 1970s.
Federal Reserve Chair Jerome Powell acknowledged the complex challenges facing the U.S. economy, where rising trade policy concerns and inflation risks create a delicate balancing act. In a speech at the Economic Club of Chicago, Powell outlined key risks and emphasized the Fed's cautious approach as it navigates these uncertain economic times.
President Donald Trump's aggressive tariff measures are putting the Federal Reserve in an unprecedented bind, potentially forcing it into a tough decision it hasn’t faced in nearly five decades. Jerome Powell warned that these tariffs could place the Fed's dual mandate of promoting full employment and price stability in direct conflict.
RBI Governor Sanjay Malhotra on Wednesday announced that the Monetary Policy Committee (MPC) has unanimously agreed to bring down the repo rate by 25 basis points, lowering it from 6.25% to 6%.
In a widely anticipated move, the Reserve Bank of India’s Monetary Policy Committee (MPC) on Tuesday announced a 25 basis point cut in the repo rate, bringing it down to 6%. The decision comes amid mounting global economic uncertainties and a cautious domestic outlook on inflation and growth.
The Reserve Bank of India will unveil its first monetary policy decision for the financial year 2025–26 on Wednesday, April 9.
The sell-off follows US President Donald Trump's announcement of new tariffs, dubbed “Liberation Day tariffs,” which reignited fears of a global trade war.
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