In a stunning reversal, India’s precious metals market cratered on Friday as gold and silver prices fell sharply by up to 10 percent. Trading on the MCX showed April 2026 gold contracts declining 4.70 percent to 175,307 rupees for 10 grams around mid-afternoon. Silver’s March 2026 contract suffered a steeper 10.77 percent drop to 356,831 rupees per kilogram. Spot prices told a similar story of distress. IBJA data at noon pegged 24-carat gold at 168,475 rupees per 10 grams after a 6,865-rupee cut from 175,340 rupees. Silver wholesale prices collapsed 22,825 rupees to 357,163 rupees per kilogram, previously at 379,988…
Author: News Analysis India
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A brutal sell-off gripped India’s bullion markets on Friday, erasing billions in value as gold and silver prices nosedived up to 10 percent. What was once a safe-haven frenzy has turned into a rapid unwind, catching many off guard. MCX data shows gold contracts for April 2026 dropping 4.70 percent to 1,75,307 rupees per 10 grams around mid-afternoon. Silver’s March 2026 futures cratered 10.77 percent to 3,56,831 rupees per kilogram, reflecting panic in the pits. Spot prices mirrored the chaos. IBJA’s noon quotes revealed 24-carat gold at 1,68,475 rupees per 10 grams—a steep 6,865-rupee fall from 1,75,340 rupees. Silver wholesale…
Corruption in Jammu and Kashmir’s revenue sector faced a major blow as CBI sleuths trapped and arrested a patwari in Ganderbal accepting illicit cash. The Friday announcement detailed a textbook anti-corruption operation that caught the official with Rs 15,000 in tainted money. The drama began when a citizen, seeking updates to his land revenue records and a jamabandi extract, was hit with a Rs 20,000 bribe demand. Instead of complying, he lodged a formal complaint with the CBI on January 28, setting the stage for a high-stakes trap. CBI teams laid the groundwork meticulously. On Wednesday, as the patwari reached…
Ruturaj Gaikwad stands as a beacon of reliability in Indian cricket, yet his national team appearances remain sporadic. Hailing from Pune, this right-handed opener’s story is one of grit and excellence from the grassroots. Joining Vengsarkar Academy young, he dominated under-14, under-16, and under-19 for Maharashtra, laying the foundation for a stellar career. CSK spotted his potential in the 2018 auction, securing him cheaply before his 2020 breakout: 204 runs in six IPL outings, including three fifties. Retained as opener from 2021, he delivered masterclasses—635 runs with a hundred in the title-winning year, followed by consistent hauls: 368 (2022), 590…
Rani Mukerji, the powerhouse of Hindi cinema known for her fearless screen presence, is back in headlines with ‘Mardani 3’. During an engaging interaction with Delhi Police’s female officers, the star fielded questions on everything from her career to parenting her young daughter, Adira. The conversation turned personal when an officer asked if Rani envisions Adira pursuing acting. With poise, Rani disclosed her daughter’s current pursuit: Taekwondo. ‘I prioritize her building physical and mental strength,’ she explained. Taekwondo, according to Rani, is a game-changer for confidence. Adira already feels more capable, a transformation her mother cherishes. Looking ahead, Rani promises…
Ayodhya is gearing up for another milestone as President Droupadi Murmu is set to grace the Ram Mandir, possibly in March, following a formal invitation from the temple trust. Nripendra Misra, Chairman of the Shri Ram Mandir Construction Committee, shared this optimistic update during a media briefing on Friday. Trust members had a recent meeting with the President, presenting the invitation for her to witness the divine idol and perform pooja. ‘Informal word is that she’s on board, though official dates are pending,’ Misra noted, expressing hope for a March schedule. This comes after the spectacular Pran Pratishtha on January…
Warangal, Telangana, witnessed a shocking case of harassment leading to tragedy. Anita, a dedicated constable in the Armed Reserve Division of Warangal Police Commissionerate, took her own life on January 27 by ingesting pesticide at home in Sithya Tanda. The news has sent ripples through the police fraternity and local communities. According to detailed police inquiries, the root cause traces back to Rajendra from Mahbubabad’s Thorrur area. For four long years, he dangled marriage promises before Anita, only to stalk her obsessively via video calls on duty, suspecting infidelity. Her parents intervened decisively, nixing the wedding. Enter another suitor from…
A flurry of diplomatic jets brought Arab foreign ministers to New Delhi on Thursday and Friday, heralding the revival of a vital forum: the second India-Arab Foreign Ministers’ Meeting. This landmark event, co-hosted by India and the UAE, underscores a renewed push for strategic alliances a full decade after the inaugural session in Bahrain. Leading the pack was LAS Secretary-General Ahmed Abul Gheit on Thursday, whose presence signals high stakes for the upcoming deliberations. MEA warmly welcomed him, emphasizing the meetings’ role in cementing India-Arab ties across diverse fields. Comoros’ Mbe Mohamed, Palestine’s Warsen Agabekian Shahin, and Sudan’s Mohieldin Salim…
Bollywood enthusiasts are in for a treat as ‘Gandhi Talks’, an unconventional silent film, makes its grand entry into cinemas this Friday. Leading lady Aditi Rao Hydari couldn’t contain her thrill, calling it a transformative journey for everyone involved. Taking to social media, Aditi posted the poster with an emotional note: ‘This is a silent film born from collective effort. Words are few, but feelings speak volumes. Kishor Iyer dedicated more than ten years to its intricate storytelling and stunning visuals.’ A.R. Rahman’s mesmerizing score steals the show, weaving emotions through melody alone. Aditi highlighted how it embodies triumph of…
The Kolkata Police’s investigation into the catastrophic fire at a momo factory-warehouse has led to the apprehension of two key Wow Momo personnel. Momoranjjan Sit, manager of the facility, and Raja Chakraborty, deputy manager, were taken into custody late Thursday, marking a pivotal turn in the case that shocked the city. South 24 Parganas police, overseeing the area, revealed the suspects are held at Narendrapur station for intense questioning. Focus remains on their actions—or inactions—on the night of January 25, when the blaze rapidly engulfed the structure, resulting in several fatalities. A district police official elaborated, “Our team is piecing…