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India slips to 131st position in Global Gender Gap Index 2025

June 12, 2025
Politics

New Delhi, Jun 12 (PTI) India has ranked 131 out of 146 countries in the World Economic Forum’s Global Gender Gap Report 2025, slipping two places from its position last year. With a parity score of just 64.1 per cent, India is among the lowest-ranked countries in South Asia, according to the report released on Thursday. India ranked 129 last year. The Global Gender Gap Index measures gender parity across four key dimensions: Economic Participation and Opportunity, Educational Attainment, Health and Survival, and Political Empowerment. The Indian economy’s overall performance improved in absolute terms by +0.3 points. “One of the

Gold climbs on rising Middle East tensions, weaker dollar

June 12, 2025
General

June 12 (Reuters) – Gold prices rose on Thursday, bolstered by rising tensions in the Middle East and a weaker dollar, while softer-than-expected U.S. inflation data boosted expectations of Federal Reserve rate cuts. Spot gold was up 0.7% at $3,375.06 an ounce, as of 0343 GMT. U.S. gold futures gained 1.5% to $3,395. The U.S. dollar index fell to a near two-month low, making greenback-priced bullion more attractive to overseas buyers. The weakness in the dollar index serves as a strong catalyst, said Kelvin Wong, a senior market analyst, Asia Pacific at OANDA, adding that a “bullish breakout” of the

Markets trade lower after modest early gains on sluggish global peers, tensions in Middle East

June 12, 2025
Finance

Mumbai, Jun 12 (PTI) Benchmark indices Sensex and Nifty began the trade with modest gains on Thursday and later traded lower in-tandem with sluggish global market trends amid growing tensions in the Middle East. Fresh foreign fund outflows also dented investors’ sentiment. The 30-share BSE Sensex climbed 108.02 points to 82,623.16 in early trade. The 50-share NSE Nifty went up by 38.7 points to 25,180.10. However, later both the benchmark equity indices slipped in the negative territory and were trading lower. The BSE benchmark gauge quoted 178.60 points lower at 82,331.42, and the Nifty traded 57.15 points down at 25,093.75.

Rupee rises 7 paise to 85.46 against US dollar in early trade

June 12, 2025
Finance

Mumbai, Jun 12 (PTI) Rupee rose 7 paise to 85.46 against the US dollar in early trade on Thursday, supported by a weak American currency, a drop in global crude oil prices, and a positive opening in the domestic equity markets. However, FII outflows capped further gains in the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 85.43 against the greenback before falling to 85.46, up 7 paise from its previous close. The rupee had settled at 85.53 against the US dollar on Wednesday. “The rupee, which gained on Wednesday, opened higher as

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