Investors should cap gold allocation at 10-15 per cent and consider staggered purchases through gold ETFs.
A special five-member NCLT bench has issued notices to all parties in Subhash Chandra's personal insolvency case and directed the Essel Group Chairman not to alienate his properties, either directly or indirectly, following a split verdict on a repayment plan.
Mountaineer Baljeet Kaur, known for scaling five 8000-metre peaks in a single season, is one of four recipients of the Tenzing Norgay National Adventure Awards for 2024. Other awardees include Skalzang Rigzin for land adventure, Rimo Saha for water adventure, and Shiv Prasad Chamoli for lifetime achievement, recognising their exceptional contributions to adventure sports in India.
Union Minister Mansukh Mandaviya has pledged support for promoting sporting talent and improving infrastructure in Mizoram, particularly for boxers. This assurance came during a meeting with BJP youth wing leaders who highlighted the state's sporting potential and the need for modern facilities, including a boxing hall, especially with India's 2036 Olympic bid in mind.
'In the wake of this tragedy, India will provide power to Nepal if and when the requirement for the same is communicated to India as per their needs.'
In the Global Chess League, Ganges Grandmasters ended FYER American Gambits' winning streak with a 9-7 victory, moving to second place. Defending champions Alpine APL Pipers secured their second consecutive win, defeating Ganges Grandmasters 11-6. Key players like Polina Shuvalova, Ian Nepomniachtchi, Vidit Gujrathi, and Koneru Humpy delivered crucial performances, while Magnus Carlsen showcased his endgame prowess with a draw against Nepomniachtchi. PBG Alaskan Knights also registered a comfortable win against CheQ Mumba Masters.
Maharashtra ministers are divided over the use of high-decibel DJ systems during Hindu festivals. While Minister Yogesh Kadam asserts that festival sound will not be stopped, his colleagues Sanjay Shirsat and Meghana Bordikar advocate for adherence to noise pollution norms, with Bordikar citing a personal tragedy. Chief Minister Devendra Fadnavis has also called for a return to traditional celebrations and a consensus on restricting DJ systems.
India's U20 football team secured a dominant 3-0 victory over Bangladesh in their final AFC U20 Asian Cup Qualifiers group match. Goals from Danny Meitei Laishram, Vishal Yadav, and Md Arbash sealed the win, bringing India's total to six points. The team's qualification for the main tournament, potentially after 20 years, now hinges on the outcome of the Syria-Uzbekistan match.
Security personnel reportedly justified the action due to child theft concerns and identity verification.
'We desperately want India to send the army as the evacuation process needs to be escalated immediately.'
In Pune, 31 prominent Ganapati mandals celebrated a "DJ-free" Dahi Handi, advocating for traditional instruments over high-decibel sound systems for upcoming festivals like Ganeshotsav. This initiative, led by Punit Balan, aims to preserve Maharashtra's cultural heritage and reduce noise pollution, gaining support from around 200 mandals and the Chief Minister.
American tennis star Taylor Fritz was unexpectedly defeated by Argentina's Francisco Cerundolo in a five-set thriller during the third round of the U.S. Open, marking Fritz's earliest exit from his home major in four years. Cerundolo's improved play in the latter sets secured his first-ever spot in the U.S. Open fourth round.
Indian squash sensation Anahat Singh, ranked 20th globally, secured a significant victory over world No. 11 Nele Gilis to reach the quarterfinals of the London Squash Classic. This marks a major achievement for the reigning world junior champion in the USD 144,000 PSA Gold event.
Chinese lucky loser Bu Yunchaokete caused a major upset at the U.S. Open, defeating 12th seed Rafael Jodar in straight sets. Jodar, a former junior champion, struggled with unforced errors, allowing Bu to secure his first-ever Grand Slam main-draw victory after entering the tournament as a last-minute replacement.
India secured a dominant seven-wicket victory over arch-rivals Pakistan in an inconsequential Women's Asia Cup T20 match.
Four-time Formula 1 world champion Sebastian Vettel drove Michael Schumacher's legendary Ferrari F2002 at Monza, paying an emotional tribute to his childhood idol.
Supreme Court Justice Ujjal Bhuyan stated that threatening students with punitive action for expressing different views or asking questions is unconstitutional and a misuse of power. He emphasised that universities should foster free thinking and disagreement, as tolerance and dissent are fundamental constitutional values essential for a liberal democracy.
Rahul Baitha and Rathika Suthanthira Seelan secured the men's and women's titles, respectively, at the 49th Bombay Gymkhana Maharashtra State Open Squash Tournament. Baitha overcame top seed Om Semwal in a hard-fought men's final, while Rathika dominated Akanksha Salunkhe in the women's summit clash. Junior titles were also decided, with Akanksha Gupta winning the girls' U-19 and Purav Rambhia taking the boys' U-19.
Indian para archers, led by Paralympic champion Harvinder Singh, showcased a dominant performance at the World Archery Para Series in Ahmedabad. Four Indian archers each in the men's and women's recurve sections qualified directly for the pre-quarterfinals. Additionally, India secured top seedings in both men's and women's doubles events, with pairs advancing directly to the semifinals, and a strong third seeding in mixed doubles.
'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.
West Bengal BJP president Samik Bhattacharya's comments recalling the role of non-Bengali communities during the 1946 communal riots and alleging past restrictions on Durga Puja have drawn sharp criticism from opposition parties, including the TMC, Congress, and CPI(M). Bhattacharya appealed for unity for peaceful Durga Puja celebrations, while opposition leaders accused him of divisive politics and distorting history.
Suresh Raina backed the young Vaibhav Sooryavanshi to play Test cricket in the future but is not sure if his coaches or IPL team owners want him to pursue red-ball cricket at this stage of his career.
India's market regulator, Sebi, is set to issue a consultation paper proposing changes to the methodology for determining settlement prices of derivative contracts, following significant feedback and 'sharp price spikes and distortions' observed during the recently implemented Closing Auction Session (CAS) mechanism.
Emma Navarro, the 26th seed, achieved her third top-10 victory of the year by defeating seventh seed Karolina Muchova 6-3, 7-5 at the U.S. Open. Navarro's strong baseline play and Muchova's struggles with unforced errors contributed to the upset, propelling Navarro into the fourth round.
Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.
Second seed Elena Rybakina secured a comfortable 6-3, 6-2 victory over American wildcard Thea Frodin in the first round of the US Open, easing concerns about her recent leg injury. Rybakina, a two-time Grand Slam champion, showed no signs of discomfort as she began her quest for the title and the world number one ranking. Frodin, making her Grand Slam main-draw debut, displayed flashes of brilliance but ultimately couldn't overcome the Australian Open champion.
Auqib Nabi made a notable debut for Surrey, taking Kuldeep Yadav's wicket.
Islamic scholar Kanthapuram A P Aboobacker Musliyar has sparked controversy by advocating for women's confinement to their homes, citing religious teachings and the concept of purdah to prevent societal "destruction."
Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.
The death toll from devastating flash floods in Nepal has tragically risen to 903, with 4,247 people still reported missing, including security personnel and foreigners. India has dispatched an 18-member team of forensic experts to assist with DNA analysis and identification of victims.
India said the Hague-based Court of Arbitration has no jurisdiction over its sovereign decisions on the Indus Waters Treaty.
Music Producer Finneas O'Connell, Billie Eilish's brother, has married actress and YouTuber Claudia Sulewski in Montecito, California, with Billie Eilish officiating the ceremony.
Punjab has launched the fourth season of its state-level sports event, 'Khedan Wattan Punjab Diyan', aiming to identify and nurture sporting talent from grassroots to global levels. The event, featuring 39 disciplines and nearly 10 lakh participants, offers Rs 12.50 crore in prize money, including cash awards for veteran players for the first time. Chief Minister Bhagwant Mann inaugurated the games, highlighting the state's commitment to sports infrastructure development and financial assistance for athletes.
Air Vice Marshal Shakti Sharma has achieved a historic milestone, becoming the first woman officer (non-medical) in the Indian Defence Forces to attain the rank of Air Vice Marshal. She has been appointed Assistant Chief of the Air Staff (Education) at Air Headquarters, bringing over three decades of diverse experience, including establishing IAF Chairs of Excellence and commanding a Sainik School.
"Her heroism lies in finding her own voice and finally choosing to stand up for herself," said Nimisha Sajayan, discussing her role as Babita in 'Babita Singh Reporting'.
Chess legend Magnus Carlsen expresses his enjoyment in the game's evolution and new formats but acknowledges his time at the top is "limited." He advises organisers not to tailor the future of chess solely to his preferences, despite his continued participation in events like the Global Chess League. Grandmaster Levon Aronian also weighs in on the sport's growing online popularity and the need for continued innovation to attract wider audiences.
Eleven people have died and 54 others fallen ill after consuming spurious liquor in Madhya Pradesh's Sagar district. A preliminary investigation suggests the illicit liquor was supplied from Lalitpur in Uttar Pradesh. Authorities have suspended three excise officials and two police personnel, and multiple FIRs have been registered as a probe is underway.
The Supreme Court has ruled that an appellate court cannot unilaterally enhance a convict's sentence unless an appeal for enhancement is filed by the State, victim, or complainant. This significant observation came in a triple-murder case where the Madras High Court had enhanced a co-convict's life sentence to imprisonment for the remainder of his life without such an appeal.
Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.
