Gold price outlook: Bullion may be near its peak as global tailwinds fade; Citi, BMI and Motilal warn of downside after 40% rally

After a significant surge, gold prices face potential headwinds as analysts from Citi, BMI, and Motilal Oswal express caution. Shifting macroeconomic conditions, including potential Fed rate cuts and stronger global growth, could diminish gold’s safe-haven appeal. While geopolitical risks persist, a stronger dollar and higher bond yields may further pressure prices, leading to a possible…

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J&K: Kishtwar operation enters Day 3

Security forces in Jammu and Kashmir’s Kishtwar district have been engaged in a joint anti-terror operation for three days in the Kuchal-Chatroo forested area. The operation, initiated based on intelligence inputs, aims to locate two to three Jaish-e-Mohammad terrorists believed to be trapped. Additional resources have been deployed to assist in the ongoing search amid…

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Kremlin’s new stance: Russia first to officially recognise Afghanistan’s Taliban government; will foster ‘bilateral ties’

In a significant move, Russia has officially recognized the Taliban’s leadership in Afghanistan, becoming the first nation to do so since their 2021 takeover. This decision follows Moscow’s removal of the Taliban from its list of banned organizations. The Russian foreign ministry has received credentials from the new Afghan Ambassador, signaling enhanced bilateral cooperation.

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Madhya Pradesh rolls out INR 239 crore laptop aid for over 94,000 high-scoring Class 12 students

The Madhya Pradesh government is set to distribute laptops to 94,234 meritorious students on July 4 under the “Pratibhashali Vidyarthi Protsahan Yojana.” This initiative, costing Rs 238.98 crore, aims to empower students who scored 75% or higher in Class 12. Each student will receive Rs 25,000 to purchase a laptop, furthering digital literacy and higher…

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