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Gold rises on dollar weakness; US payrolls data eyed

March 6 (Reuters) – Gold inched up on Thursday, helped by a pullback in the U.S. dollar, while investors awaited U.S. nonfarm payrolls data due on Friday to assess the Federal Reserve’s interest rate trajectory as global trade tensions escalated. Spot gold firmed 0.1% to $2,921.19 an ounce as of 0625 GMT, while U.S. gold futures also added 0.1% to $2,929.30. The dollar index wallowed near a four-month trough as the U.S. exempted automakers from the 25% tariffs on Canada and Mexico for a month as long as they complied with existing free trade rules. U.S. President Donald Trump is

Indian women pilot farm drones, earning a living and some independence

FARIDABAD, India, March 6 (Reuters) – A group of women in rural India has found an unexpected path to earn an income and some independence: operating drones for agricultural uses such as crop spraying. Prime Minister Narendra Modi’s government launched the so-called “Drone Didi” or “Drone Sisters” initiative in 2023 and so far 500 drones have been distributed, the Agriculture Ministry said in parliament in December. The programme equips women-led self-help groups with drones to provide agricultural services, aiming to empower them and enhance agricultural efficiency. It has a target of distributing 15,000 such devices. Rupinder Kaur, a resident of

Chinese PM and US president: Two leaders, two speeches, two differing world visions

BEIJING, March 6, 2025 (AP) — Their words came just an hour apart this week — two major speeches by two of the world’s most powerful leaders, delivered on opposite sides of the planet. Together, they illustrate the very different approaches the world’s 21st-century powers are taking to achieve their respective national ambitions. For China, it was a call for unity to overcome obstacles through innovation and “opening up” — a time-honored phrase in Chinese politics — to eventually accomplish national rejuvenation. It came from Chinese Premier Li Qiang in Beijing as he delivered an annual work report to the

Indian rupee poised for steeper slide as trade war, growth fears mount: Reuters poll

BENGALURU, March 6 (Reuters) – The Indian rupee will weaken more against the U.S. dollar over the coming year than previously thought on escalating fears of a U.S.-led global trade war and a slowing domestic economy, a Reuters poll of FX analysts found. Analysts said expectations for a short and shallow interest rate-cutting cycle by the Reserve Bank of India are likely to exert further mild downward pressure on the rupee. While the greenback has dropped about 3% this year, the partially-convertible rupee has not made the same recovery, flipping from one of Asia’s best-performing currencies in 2024 to one

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