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Supreme Court dismisses Telangana BJP’s plea against order quashing defamation case against CM Reddy

New Delhi, Sep 8 (PTI) The Supreme Court on Monday dismissed a plea filed by the BJP’s Telangana unit challenging a high court order which quashed a defamation case against Chief Minister A Revanth Reddy over his speech during the 2024 Lok Sabha poll campaign. A bench of Chief Justice of India (CJI) B R Gavai and Justices K Vinod Chandran and Atul S Chandurkar said it was not inclined to interfere in the matter. “We are time and again saying don’t use this court for political battles. Dismissed. If you are a politician, then you should have a thick

Gold futures retreats from record highs; declines Rs 606 to Rs 1,07,122/10 g on profit-booking

New Delhi, Sep 8 (PTI) Gold prices retreated from record highs by declining Rs 606 to Rs 1,07,122 per 10 grams in the domestic futures market on Monday, as investors booked profits in tandem with a weak trend in the international markets. On the Multi Commodity Exchange (MCX), gold futures for October delivery declined Rs 606 or 0.56 per cent to Rs 1,07,122 per 10 grams. It had surged to a lifetime high of Rs 1,07,807 per 10 grams on Friday. Similarly, the precious metal futures for December delivery slipped Rs 612 to Rs 1,08,176 per 10 grams. Silver too

Gold hovers near record high on US rate-cut prospects

Sept 8 (Reuters) – Gold held firm near an all-time high on Monday, inching closer to a key $3,600 level, bolstered by mounting expectations of a U.S. Federal Reserve rate cut this month following a weaker-than-expected jobs report last week. Spot gold was little changed at $3,583.41 per ounce, as of 0454 GMT. Bullion rose to a record high of $3,599.89 on Friday. U.S. gold futures for December delivery fell 0.8% to $3,624. “The main driver is U.S. jobs data and the expectations now that the Fed could cut by 50 basis points in September. It’s a marginal chance but

Stock markets rally in early trade tracking firm global trends amid hopes of rate cut by US Fed

Mumbai, Sep 8 (PTI) Benchmark equity indices Sensex and Nifty rallied in early trade on Monday tracking a firm trend in global markets amid hopes of a rate cut by the US Federal Reserve later this month. The recent GST rate cut announcement also added to markets’ optimism during the initial trade. The 30-share BSE Sensex climbed 296.26 points to 81,007.02 in early trade. The 50-share NSE Nifty rallied 90.35 points to 24,831.35. From the Sensex firms, Tata Steel, Tata Motors, Mahindra & Mahindra, Adani Ports, UltraTech Cement and Power Grid were among the gainers. However, Asian Paints, Trent, Bharti

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