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Gold futures rise Rs 1,168 to Rs 88,816/10 g

New Delhi, Apr 9 (PTI) Gold prices on Wednesday jumped Rs 1,168 to Rs 88,816 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 1,168 or 1.33 per cent at Rs 88,816 per 10 grams in a business turnover of 15,663 lots. Fresh positions built up by participants led to a rise in gold prices, analysts said. Globally, gold futures increased 1.43 per cent to USD 3,025.84 per ounce in New York.

Anti-Dalit mindset: Rahul Gandhi slams BJP after leader ‘purifies’ Rajasthan temple

Ahmedabad, Apr 9 (PTI) Congress leader Rahul Gandhi on Wednesday accused the BJP of having an “anti-Dalit mindset” after its leader sprinkled Ganga water at a Ram temple in Rajasthan’s Alwar to “purify” it following Congress’ Tikaram Jully’s participation in the consecration ceremony there. He also asserted that the country will be run by the Constitution and its ideals, not by ‘Manusmriti’ “which considers Bahujans as second class citizens”. The Congress on Tuesday had accused the BJP of being “anti-Dalit” and demanded an apology from its top leadership after a party leader sprinkled Ganga water at a Ram temple in

Maharashtra polls were won through ‘fraud’: Kharge

Ahmedabad, Apr 9 (PTI) Alleging that the BJP won the Maharashtra assembly polls through a “fraud” like never before, Congress president Mallikarjun Kharge on Wednesday made a strong pitch for having elections on ballot paper. Addressing the AICC session here, Kharge also accused the Modi government of “selling off” government assets to benefit crony capitalists and finishing democracy slowly. “The whole world is moving from EVMs to ballot paper but we are using EVMs. This is all fraud. They ask us to prove it. You have devised such techniques that benefit the ruling party and put the opposition at a

Expert views on RBI cutting repo rate

April 9 (Reuters) – The (RBI Reserve Bank of India) cut its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance to “accommodative” from “neutral” to boost the sluggish economy, which is facing further pressure from U.S. tariffs. As expected, the Monetary Policy Committee (MPC) cut the repo rate by 25 basis points to 6.00%. It started reducing rates with a quarter-point reduction in February, its first cut since May 2020. COMMENTARY ANIRUDH GARG, PARTNER AND FUND MANAGER, INVASSET, MUMBAI “The U.S. tariff escalations, weaker dollar and volatile crude prices pose potential risks

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