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Indian gold futures breach key 100,000 rupees level for first time ever

June 13, 2025
Finance

MUMBAI, June 13 (Reuters) – Indian gold futures rose above the psychologically important 100,000 rupees ($1,161.02) per 10 grams mark for the first time ever on Friday morning, on a weak rupee and tracking gains in overseas markets, dealer said. Domestic gold futures rose 2% to a record high of 100,403 rupees per 10 grams in early trade, squeezing demand in the world’s second-biggest consumer of the precious metal, dealers said. ($1 = 86.1310 Indian rupees)

Rupee plummets 56 paise to 86.08 against US dollar in early trade

June 13, 2025
Finance

Mumbai, Jun 13 (PTI) Rupee declined 56 paise to 86.08 against the US dollar in early trade on Friday due to a spike in global oil prices and a firm dollar amid rising tensions in the Middle East following a fresh Israel attack on Iran’s nuclear sites. A weak opening in domestic equity markets and heavy FII outflows further contributed to the fall in the local unit, forex traders said. At the interbank foreign exchange, the local unit opened at 86.25 against the greenback before inching up to 86.08, down 56 paise from its previous close. The rupee had settled

Stock markets tumble in early trade on weak Asian peers; sharp surge in Brent crude oil prices

June 13, 2025
Finance

Mumbai, Jun 13 (PTI) Equity benchmark indices Sensex and Nifty tumbled in early trade on Friday in tandem with weak Asian markets amid a sharp spike in Brent crude oil prices after Israel attacked Iran’s capital. The 30-share BSE Sensex tanked 1,337.39 points or 1.63 per cent to 80,354.59 in early trade. The 50-share NSE Nifty dropped 415.2 points or 1.66 per cent to 24,473. All the 30-Sensex firms were trading lower during the early trade. Kotak Mahindra Bank, Power Grid, Adani Ports, Tata Motors, UltraTech Cement and Asian Paints were the major laggards. Global oil benchmark Brent crude jumped

Lone passenger who survived deadly London-bound Air India crash sparks interest in other sole survivors

June 13, 2025
General

June 13, 2025 (The Associated Press) – The notion that only one person survived the Air India plane crash that killed 241 people on board Thursday is sparking interest on social media about how that could happen and if such a thing has happened before. A medic has said Vishwash Kumar Ramesh was thrown out of the plane and walked to a nearby ambulance for aid. Dr. Dhaval Gameti, who treated Ramesh, told The Associated Press that Ramesh was disoriented with multiple injuries all over his body, but that he seemed to be out of danger. People on social media

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