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Business

Fed Rate Hike Impacts Gold, Rupee, and Indian Markets

The US Federal Reserve raised interest rates by 25 basis points last week, surprising markets despite political calls for lower rates. This decision caused gold prices to initially fall but then rebound over 2%, influenced by a weaker dollar, lower oil prices, and reduced US Treasury yields. The rate hike also affects the rupee, Indian bond yields, and stock markets, showing the interconnected impact of US monetary policy on India.

Deccan Herald·1h ago

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Business

Byju’s Aakash Stake Raises Questions for Creditors

The undisclosed terms of the settlement between Byju's and Aakash have left creditors uncertain about the exact ownership stake Think & Learn holds in Aakash and whether this stake can be monetized. This raises important concerns for creditors regarding the value and liquidity of the stake in the ongoing financial dealings.

Mint Companies·38m ago

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Politics

PM Modi Says India Responded Strongly to Pakistan Terrorism

Prime Minister Narendra Modi stated that the era of Pakistan sponsoring terror attacks on India without consequences is over. He emphasized that his government has taken decisive actions, including Operation Sindoor, to ensure terrorists receive a befitting response for their hostile plans against India.

Times of India·34m ago

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Technology

Boeing Flags 737 MAX Software Issue Affecting Autopilot

Boeing has identified a software glitch in the 737 MAX that may cause the autopilot to disengage during go-arounds when pilots change altitude and flight path. This issue affects the aircraft's safety during aborted landings and second landing attempts. India operates about 100 of these planes across Air India Express and Akasa Airlines.

Times of India·4h ago

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Sports

Asian Games: Bhaker and Esha in Women's 25m Pistol Qualification

At the Asian Games 2026, Manu Bhaker, Esha Singh, and Rahi Sarnobat are competing in the women's 25m pistol individual qualification and team final rapid stage. The event includes multiple shooting disciplines and other sports like hockey, cricket, volleyball, squash, and kurash with scheduled matches and quarterfinals involving Indian athletes.

TOI Sports·8h ago

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Politics

Opposition Criticizes Trump Administration's Use of Public Funds for Ads

In the United States, controversy has escalated over new TV advertisements by Donald Trump. Opposition lawmakers have raised questions about the use of government, or taxpayers', money for these ads. The White House responded by stating that these are not campaign ads but public service announcements.

Aaj Tak·23m ago

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