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BusinessPhoto: TOI Business

Gold Near Three-Month Low Ahead of Fed Meeting; Silver Edges Up

Gold futures on MCX for December delivery fell nearly 4% last week, closing around Rs 1.42 lakh per 10 grams due to higher US Treasury yields and a stronger dollar. Rising crude oil prices are fueling inflation fears, pressuring gold and silver further. Investors await the US Federal Reserve's October 27-28 meeting for signals on interest rates. Vietnam's SJC gold prices range from 138.7 to 141.7 million dong per tael. Silver rose slightly to $54 per ounce.

TOI Business··Hanoi

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BusinessPhoto: Firstpost Business

Why Oman Benefits Economically Amid Gulf War Disruptions

Oman's strategic location outside the Strait of Hormuz, increased oil export revenues, and ongoing economic reforms are enabling it to withstand disruptions in the Gulf region. Tim Callen, former IMF assistant director and visiting fellow at the Arab Gulf States Institute, explains that these factors could help Oman achieve positive economic growth while other Gulf economies face contraction.

Firstpost Business·

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PoliticsPhoto: NDTV

Israel Election on October 27: Four Scenarios to Decide Next Leader

Israel will hold its first national election since the October 7 Hamas attack on October 27, 2023. Prime Minister Benjamin Netanyahu faces a divided country and a strong challenger, former military chief Gadi Eisenkot. Neither is expected to win a majority alone in the 120-seat parliament. Four possible outcomes include alliances between parties to form a government, with key challenges in agreeing on leadership and policies.

NDTV·

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SportsPhoto: HT Sports

Samir Banerjee Wins First Pro Tennis Title in Solapur

Samir Banerjee, 2021 junior Wimbledon singles champion and Stanford graduate, won his first professional tennis title at an M25 Futures event in Solapur. Despite challenging conditions on patchy hard courts under the October sun, Banerjee held his nerve. He is currently recovering from injury and focused on rebuilding his ranking, showing readiness to compete anywhere.

HT Sports··Solapur

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PoliticsPhoto: NDTV

BJP Protests Nationwide Demanding Mallikarjun Kharge's Apology

The BJP held protests at its state headquarters across India demanding Congress chief Mallikarjun Kharge apologize and resign for his offensive remarks about Prime Minister Narendra Modi. The controversy began when Kharge said, "Modi ka baap bhi jayega" in Patna. BJP leaders condemned the comment, with protests including marches and effigy burnings in Bihar, Jammu, and Bengaluru. Defence Minister Rajnath Singh expressed shock and hurt over the remarks.

NDTV·

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PoliticsPhoto: News18 Hindi

Kumaraswamy Accuses CM Shivakumar of 600 Crore Hit Contract

Union Minister HD Kumaraswamy accused Karnataka Chief Minister DK Shivakumar of placing a 600 crore rupees contract to eliminate his family. Although these serious allegations remain unconfirmed, they have sparked significant turmoil in Karnataka politics.

News18 Hindi·

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