World Updates
Gold and silver are enjoying a dream run. Gold prices on the MCX hit a record high of ₹1,34,966 per 10 grams, while MCX silver surged over the coveted ₹2 lakh crore mark, hitting a record high of ₹2,01,388 per kg during Friday’s session. Domestic spot gold prices have surged by nearly ₹53,000, or almost … Read more
The energy transition and power electronics business Eastman Auto and Power has submitted its confidential draft red-herring prospectus (DRHP) for an initial public offering (IPO) to the stock market regulator Sebi. The business intends to raise ₹1,800–2,000 crore via the inaugural share sale, which would combine a new issue with an offer for sale (OFS), … Read more
Cryptocurrency lacks the fundamental characteristics of money, according to Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Friday. He referred to it as “simply a bit of code,” which is neither a financial asset nor any other kind of asset. Rabi Sankar gave an explanation of why these tokens are not considered … Read more
The Gujarat government has released a sector-by-sector outline of its goals in infrastructure, investment, welfare, and governance, framing them as building blocks for its “Viksit Gujarat @2047” plan, in anticipation of Chief Minister Bhupendra Patel’s third year in office on December 12, 2025. Gujarat Pushes Urban Growth Following the governing party’s 156-seat victory in the … Read more
Indian economist Karthik Muralidharan’s book “Accelerating India’s Development: A State-Led Roadmap for Effective Governance” has won the esteemed Gaja Capital Business Book Prize 2025. After a conversation with the writers on the short list, the prize was presented at the Gaja Talks event. The book won an award for providing a practical roadmap for unlocking … Read more