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Business

Gold Prices Rise After Softer US Inflation Data

Gold prices increased on Wednesday following softer-than-expected US inflation data, weakening the US dollar and raising hopes that the Federal Reserve may delay interest rate hikes beyond October. Spot gold rose 0.7% to $4,209.71 per ounce, while US gold futures gained 1.5% to $4,241.90. The Personal Consumption Expenditures Price Index rose 0.3% in August, with annual inflation at 2.6%, below July's revised 3.4%. Core PCE inflation remained steady at 3.0%.

HT Business·9h ago

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Business

German Business Sentiment Hits Three-Year High

German business sentiment has risen to its highest level in three years, indicating increased confidence among companies. This improvement reflects positive economic expectations and potential growth in the German market, as reported by the Wall Street Journal.

WSJ·5h ago

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Technology

Apple Foldable Smartphone Supply May Decline Due to Manufacturing Delays

Apple's foldable smartphone supply might decrease due to delays in manufacturing. This could impact the availability of the device, which is seen as a competitor to Android foldable phones. Pre-orders for the iPhone Duo have started in Vietnam, with customers advised to note important dates and pricing details for purchase preparation.

Gadgets 360 Hindi·16h ago

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Politics

Impeachment Proposal Against Gyanesh Kumar Discussed in I.N.D.I.A. Alliance Meeting

The I.N.D.I.A. alliance held a meeting to discuss the impeachment proposal against Gyanesh Kumar related to the SIR issue. The Congress protested against SIR with a dharna and submitted a memorandum, alleging a conspiracy to disenfranchise voters. The controversy also involved demands for the Bharat Ratna for Gyanesh Kumar and criticism of the Chief Election Commissioner by Mamata Banerjee.

India TV Hindi·15h ago

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Science

UAE Advances Nuclear Expansion and Technology Amid Geopolitics

The United Arab Emirates has evolved from a regional nuclear pioneer to a global model for civil nuclear energy. After fully commercializing the 5.6 GW Barakah Nuclear Energy Plant, the Emirates Nuclear Energy Corporation is now pursuing its next strategic phase, focusing on expansion, advanced technologies, and navigating geopolitical challenges.

Stephenson Harwood·5h ago

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Politics

Supreme Court to Review Chief Election Commissioner's Powers

The Supreme Court of India will examine whether the Chief Election Commissioner (CEC) has the authority to make unilateral decisions on behalf of the Election Commission of India. This case challenges the extent of the CEC's powers and could impact how election-related decisions are made in the country.

Supreme Court Observer·16h ago

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