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BusinessPhoto: News18 Business

Gold and Silver Prices May React to Fed Meeting on October 27-28

Gold and silver prices are expected to be influenced by the US Federal Reserve's meeting on October 27-28. Last week, both metals saw sharp losses due to rising crude oil prices, inflation concerns, higher US bond yields, and a stronger dollar. In India, gold futures fell nearly 4%, dropping by Rs 5,768 per 10 grams. Investors await the Fed's policy decision for clues on interest rates and potential rate cuts, which could impact bullion prices.

News18 Business·

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Politics

PM Modi Congratulates Lula on Fourth Brazil Presidency Win

Prime Minister Narendra Modi congratulated Luiz Inácio Lula da Silva on his victory in Brazil's presidential election, marking his fourth term. Modi emphasized strengthening the friendship between India and Brazil. Lula defeated right-wing candidate Jair Bolsonaro, a Trump supporter, despite economic challenges including US tariffs. Lula will assume office again at age 80.

AajTak·

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Entertainment

Virat Kohli and Anushka Sharma Attend Krishna Das Bhajan Concert in Mumbai

Virat Kohli and Anushka Sharma were seen enjoying a bhajan concert by Krishna Das in Mumbai. The couple appeared deeply immersed in devotion, chanting and celebrating the spiritual music. Krishna Das, who left the glamour world for a life of devotion, has a connection to Hanuman lineage. Virat and Anushka have also visited Vrindavan multiple times to meet saint Premanand.

AajTak··Mumbai

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Business

Rupee Recovery Loses Momentum Despite RBI Efforts

The Indian rupee's recent rally is losing steam despite the Reserve Bank of India's efforts to support it. The rupee fell 5 paise to 94.98 against the U.S. dollar amid rising oil prices and increased safe-haven demand. Challenges include a shrinking dollar reserve and geopolitical tensions in West Asia, which are impacting the currency beyond crude oil price surges.

NDTV·

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Politics

Brazil's Lula Wins Election; Bolsonaro Seeks Annulment

In Brazil, Luiz Inácio Lula da Silva has secured victory in the presidential election. Meanwhile, incumbent Jair Bolsonaro is attempting to annul the election results. This political conflict highlights tensions following the recent poll outcome in Brazil.

Le Monde.fr·

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Business

Oil, Q2 Results to Impact Stock Market Next Week

Next week, the stock market will be influenced by factors including oil prices, selling pressure, and Q2 earnings results. Recently, the Sensex fell over 500 points, with Nifty near 22,400. Infosys shares dropped 3%. After a weak start, the market showed some recovery, with Nifty crossing 22,600. Around 394 stocks hit their 52-week lows, indicating volatility ahead.

AajTak·

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