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Gold jumps to 7-week high of Rs 1.53 lakh/10g; silver rallies Rs 2,100

New Delhi, Aug 6 (PTI) Gold prices rallied for the third straight session, soaring by Rs 3,800 to a seven-week high of Rs 1.53 lakh per 10 grams in the national capital on Thursday, aided by rupee depreciation and firm global trends. The yellow metal of 99.9 per cent purity climbed Rs 3,800 to Rs 1,53,800 per 10 grams (inclusive of all taxes) from Wednesday’s closing level of Rs 1,50,000 per 10 grams. Gold had last settled near these levels at Rs 1,53,440 per 10 grams on June 18. Silver also advanced Rs 2,100 to Rs 2,34,800 per kilogram (inclusive

Rupee falls 16 paise to close at 95.24 against US dollar

Mumbai, Aug 6 (PTI) The rupee depreciated 16 paise to close at 95.24 (provisional) against the US dollar on Thursday, on slight gains in the US Dollar Index and a modest increase in US Treasury yields. Forex traders said the rupee was pressured by a slight recovery in the US Dollar Index and foreign fund outflows, even as lower crude oil prices provided some underlying support. At the interbank foreign exchange, the rupee opened at 95.13 against the greenback and traded in a range of 95.12-95.24 during the session. It eventually settled at 95.24 (provisional), lower by 16 paise from

Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat

Mumbai, Aug 6 (PTI) Stock market benchmark indices ended on a mixed note on Thursday, with the Sensex climbing 374 points and the Nifty closing flat, drawing support from moderation in crude oil prices and buying in heavyweights Reliance Industries and ICICI Bank. After starting the session on a positive note, the 30-share BSE Sensex remained in the positive territory throughout the day. It climbed 373.76 points, or 0.48 per cent, to settle at 78,954.76. The 50-share NSE Nifty traded in a narrow range for the day and edged marginally higher by 11.35 points, or 0.05 per cent, to end

Senate committee votes to hold Fauci in contempt over refusal to answer questions

WASHINGTON (AP) — A Senate committee on Thursday voted along party lines to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions at a hearing on his handling of the COVID-19 pandemic, setting up a referral to the Department of Justice for potential investigation over whether the country’s longtime top infectious disease official properly exercised his constitutional rights. The vote approving the contempt resolution came a week after Fauci invoked his Fifth Amendment right against self-incrimination more than 100 times when he appeared before the Senate Committee on Homeland Security and Governmental Affairs, an episode

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