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Gold retreats as trade tensions ease; US payrolls data on tap

May 1, 2025
Finance

May 1(Reuters) – Gold was subdued on Thursday as the dollar’s strength and easing trade tensions dulled the metal’s safe-haven allure, while investors looked forward to the U.S. non-farm payrolls report due this week. Spot gold fell 1.4% to $3,240.66 an ounce as of 0207 GMT. U.S. gold futures lost 2.1% to $3,248.60. The dollar index rose 0.3% against its peers, making gold less attractive for buyers holding other currencies. U.S. President Donald Trump said he has “potential” trade deals with India, South Korea and Japan as he sought to convert his tariff policy into trade agreements. “Gold retraced as

Pakistan ISI chief Muhammad Asim Malik appointed as National Security Adviser

May 1, 2025
Politics

Islamabad, May 1 (PTI) Pakistan has appointed spy chief Lt Gen Muhammad Asim Malik as the new National Security Adviser (NSA) amidst raging tension with India. Malik was appointed as the director general of the Inter-Services Intelligence (ISI) in October 2024. According to a notification issued by the Cabinet Division on Tuesday, General Malik was formally given the task of the NSA. “Lt Gen Muhammad Asim Malik HI (M), DG (I), shall hold the additional charge of the National Security Adviser, with immediate effect,” the notification stated. He is the country’s tenth NSA, but it is for the first time

Smartwatches are part of the solution to dealing with searing heat in Ahmedabad

May 1, 2025
General

AHMEDABAD, India, May 1, 2025 (AP) — It’s a little past 10 a.m. and the heat is already blazing on the outskirts of the Western Indian city of Ahmedabad. Sapnaben Chunara, a 30-year-old mother of three, has just finished her morning chores. She seeks respite from the heat in the shade of a neem tree, a species that can withstand high temperatures and drought. Chunara spends most of the day outdoors in Vanzara Vas, a low-income neighborhood of about 800 families, because her tin-roofed house is even hotter. Indoor temperatures can be even higher, especially when outside they climb above

India to include citizens’ castes in its delayed population census

April 30, 2025
Politics

NEW DELHI, April 30 (Reuters) – India’s cabinet approved the inclusion of citizens’ caste details in its population census on Wednesday, the information minister said, seeking to gain the initiative in a sensitive issue ahead of regional elections. The minister did not announce a date when the census would begin. The once-in-a-decade population survey, originally due in 2021, has been delayed by the pandemic and technical and logistical hurdles. The caste system, a rigid social stratification system that dates back thousands of years, is critical in Indian life and politics. There are scores of caste-based political parties and many state

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