Category: News

Gold prices hit an all-time high on January 30, 2025, with the 24K gold crossing the ₹83,000 mark in Delhi, driven by strong retail demand and a weaker US dollar in global markets. In addition to robust demand ahead of the upcoming wedding season in India, the US Federal Reserve’s decision to hold rates steady helped gold extend its gains. Gold Surges as Retail Demand and Dollar Weakness Collide Gold…

Tata Motors shares took a significant hit on January 30, 2025, dropping 8% to reach a 52-week low, after brokerage firm Jefferies downgraded its rating on the stock from “buy” to “underperform.” Jefferies also sharply slashed its price target for Tata Motors to ₹660, a reduction from ₹930, reflecting a growing lack of optimism about the company’s performance in the short term. The downgrade marks a drastic shift in sentiment…

Indian equity markets continued their upward momentum on January 30, 2025, with both the Sensex and Nifty extending their early gains. Investors are anticipating the Union Budget 2025, which is expected to deliver measures aimed at stimulating growth while maintaining fiscal discipline. However, the broader market indices, including the BSE Midcap and Smallcap indices, outperformed their benchmark counterparts, rising nearly 1% as sector-specific movements played a major role. Sensex and…

Prioritising Middle-Class Relief and Strengthening Local Industries As Budget 2025 approaches, the Rashtriya Swayamsevak Sangh (RSS) has outlined a set of key priorities for the Indian government. These include providing relief for the middle class, boosting local manufacturing, and creating a more supportive environment for small and medium enterprises (SMEs). RSS-affiliated organisations, such as Swadeshi Jagran Manch (SJM) and Laghu Udyog Bharati (LUB), have already met with Union Finance Minister…

Flight Operations Halted After Small Plane Crashes into Potomac River A devastating plane crash near Washington, D.C., has left at least 19 people dead and thrown the capital’s air traffic into chaos. The tragic accident unfolded Wednesday when a small aircraft crashed into the Potomac River, just near Ronald Reagan Washington National Airport (DCA). As emergency responders flood the scene, all flights at the airport have been temporarily suspended. The…

Strengthening Ties Between Armenia and Georgia Ararat Mirzoyan, the Foreign Minister of Armenia, announced on Thursday that he has accepted an invitation from his Georgian counterpart, Maka Botchorishvili, to visit Tbilisi. Mirzoyan made the announcement during a joint press conference with Botchorishvili in Yerevan, marking a significant step towards enhancing the diplomatic and political relations between the two neighboring countries. Mirzoyan expressed his enthusiasm about the invitation, noting that although…

Fixing a Grant Access Issue for Georgia’s College Students In a move that could provide crucial financial relief to many students, the Georgia House Higher Education Committee recently passed a bill aimed at broadening access to the Georgia College Completion Grant. This initiative is designed to assist students nearing the end of their degree programs, but a mathematical oversight had left many students excluded from eligibility. The bill, approved on…

Georgia has announced it will suspend its participation in the Parliamentary Assembly of the Council of Europe (PACE) after the body called for a new election in the country, according to a statement from Georgian Parliament Deputy Speaker, Thea Tsulukiani. The decision follows a tense period of discussions within the Georgian delegation to PACE. Despite the ratification of the country’s parliamentary credentials, the assembly attached conditions, including the requirement for…

Georgia’s rapid growth in energy-hungry data centers is about to hit a roadblock. The Georgia Public Service Commission (PSC) has passed a new rule aimed at ensuring large-scale data centers, consuming over 100 megawatts of electricity, take on more of the financial burden for the power they demand. This new measure is a direct response to the concerns of residential and small business customers, who have felt the sting of…