Category: News

The rising geopolitical tensions, particularly in the Middle East, have pushed gold prices higher in the domestic futures market today. As concerns mount over international instability, experts are offering their strategies for navigating the gold market, especially on the MCX. Gold prices saw an upward movement on December 30, with the domestic futures market responding to the fresh escalation of conflicts in Gaza. By 9:20 AM, MCX Gold for February…

The Indian rupee is positioned to continue its recovery trend on Monday, following a sharp bounce-back in the previous trading session, supported by the Reserve Bank of India’s (RBI) market intervention. As speculative dollar-long positions were unwound, the rupee is seen strengthening further, with forecasts suggesting it will open at around 85.40-85.42 against the U.S. dollar. RBI’s Strategic Market Moves Lead to Dollar-Long Liquidation In a bid to counter the…

The political debate over H-1B visas has taken a sharp turn, with the fiery rhetoric of MAGA supporters even targeting Indian-American figures. Recently, Congressman Shri Thanedar found himself at the center of a toxic storm after advocating for a more inclusive immigration policy to support American innovation. His stance has triggered an outpouring of vitriol, exposing the deep-rooted xenophobia within some extreme MAGA circles. Support for H-1B Sparks Angry Backlash…

Attorneys for President-elect Donald Trump have filed a motion asking the U.S. Supreme Court to pause a looming ban on TikTok, calling it an infringement on his ability to manage foreign policy and influence free speech in the country. The controversial measure could come into effect as soon as January 19, a day before Trump’s inauguration. The Law at the Heart of the Dispute At the core of the legal…

Yemeni Forces Target Israeli Military Infrastructure Amid Gaza Conflict On December 28, 2024, Yemeni forces made a significant strike against Israel’s Nevatim Airbase in the southern region of occupied Palestine. The operation, announced by Yemeni military spokesperson Brigadier General Yahya Saree, marks a new escalation in the ongoing conflict, as part of Yemen’s broader support for Palestinians in Gaza. The missile strike, carried out with a Palestine-2 hypersonic ballistic missile,…

Peru’s Ports Shuttered as Massive Waves Batter the Coastline Peru’s coastal regions are reeling from the impact of powerful waves reaching up to 13 feet (4 meters), causing authorities to close a significant number of the country’s ports. On Saturday, Peru’s National Emergency Operations Centre reported that 91 of the nation’s 121 ports had been shut down until January 1, 2025, as the massive waves continued to strike the coastline.…

Ilham Aliyev Blames Russia for Azerbaijan Airlines Plane Crash in Kazakhstan Azerbaijan’s President Ilham Aliyev made a bold statement on Sunday, alleging that the crash of an Azerbaijan Airlines passenger plane in Kazakhstan, which killed 38 people, was caused by gunshots fired from Russian territory. Aliyev expressed deep frustration over the efforts of certain circles in Russia to cover up the truth behind the tragic incident, suggesting that the circumstances…

A Shift in Perspective: Elon Musk’s Evolving Stance on H-1B Visas In a stunning reversal, Elon Musk has labeled the H-1B visa system as “broken,” calling for major reforms just days after pledging to defend the program at all costs. This dramatic shift in perspective comes amid a heated debate over the future of the visa program, which allows skilled foreign workers to fill positions in the United States. Musk’s…

Punjab came to a grinding halt today as farmers enforced a statewide bandh to press their demand for a legal guarantee of Minimum Support Price (MSP). Organized by the Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha, the strike has brought traffic, businesses, and essential supplies to a standstill in many parts of the state. The bandh, which began early Monday morning, is scheduled to continue until 4 PM. Emergency…