Yellow Financial News

China said on Tuesday its military took steps to warn and alert an Australian aircraft after Australia blamed a Chinese fighter jet for endangering one of its military helicopters during an «unsafe» confrontation over the Yellow Sea.

Regional Meteorological Centre issued a yellow alert for a heatwave from May 7 to 10 on Monday and mentioned the possibility of loo following the hot weather conditions in the state. «The average temperature in most areas of Rajasthan is recorded at more than 40°C. The highest 42.2 was recorded in Phalodi. In the next 48 hours, in most parts of Rajasthan, the average temperature will increase by 2-4 degrees,» said Radheshyam Sharma, director of the Jaipur Meteorological Centre. «In Rajasthan, the temperature will be 44-45 °C. There is a possibility of heatwaves and loo. From May 7 to 10, there will be a heatwave. From May 10-11, there is a possibility of light rain in some regions. From May 7 to 10, IMD Jaipur has issued a yellow alert for heatwave,» he added.

Benjamin Netanyahu on Sunday denounced international criticism of the country's war in Gaza. He was speaking at a Holocaust Remembrance Day ceremony at the Yad Vashem memorial in Jerusalem. The Israeli PM recalled the time when Nazis killed six million Jews during World War II, saying “no nation came to our aid" and “people were completely defenseless against those who sought destruction".

₹8,998 crore. However, while the average selling price saw single-digit increase, new customer acquisitions made up just about 54% of jewellery customers. Titan had to ramp up promotional spending and discounts to attract buyers amid sluggish demand, rising competition, and fluctuating gold prices, which weighed on its margins.

aarti at the grand Ram temple. This is PM Modi's first visit to Ayodhya after the Ram Lalla idol's consecration on January 22, 2024. The Prime Minister offered prayers at the Ram Janmabhoomi Temple amid toght security in Ayodhya on Sunday ahead of the third phase of the Lok Sabha Election 2024.

BSF) on Sunday recovered two drones from different locations in the border area of Amritsar, officials said. «On 5th May 2024, based on information by the BSF intelligence wing regarding the presence of drones in two different locations in the border area of Amritsar district, search operations by BSF troops were conducted in the suspected areas,» the Border Security Force stated. «One drone (a China-made DJI Matrice 300 RTK) at about 06:15 am recovered from the courtyard of an abandoned house of village Hardo Ratan in Amritsar District. One drone (China-made DJI Mavic 3 Classic) at about 08:25 am, recovered from a harvested field adjacent to the village Nestha of district Amritsar,» it added.

India has extended the timeline for duty-free imports of yellow peas by four more months until October 2024, according to an official notification. In early December, the central government allowed duty-free imports of yellow peas until March 2024, later to be extended till April and then June. It was part of New Delhi's intervention to cool the prices of the overall pulse basket. Reportedly, the duty on yellow peas was first implemented in November 2017 at 50 per cent. India largely imports yellow peas from Canada and Russia.

Heatwaves to result in production loss in heat-intensive industries Parts of Telangana, Vidarbha, Rayalaseema and interior Odisha, north interior Karnataka, Marathwada, Madhya Pradesh, Chhattisgarh, Madhya Maharashtra, and east Uttar Pradesh witnessed maximum temperatures in the range of 40°C to 45°C on Saturday. Nandyal in Andhra Pradesh sizzled at 46 degrees Celsius and was the hottest place in the country for the third consecutive day on Saturday.

Onions in Chapter 07 of Schedule 2 of the ITC (HS) Export Policy," as quoted by PTI. In addition to this adjustment, a 40% export duty on onions was introduced starting May 3.

spice mill in Modinagar on Thursday revealed that industrial color used to dye clothes was allegedly mixed with turmeric and chili powder to make them appear brighter. Officials from the food safety department said they found multiple packets of synthetic color with warnings of “for industrial use only” and “poisonous” printed on them. Around 200kg of turmeric and 150kg of red chili powder were seized from the premises of Annapurna Flour Mill, owned by businessman Ashok Garg. Till late on Friday evening, officials had yet to lodge any complaint against him. “When we took the spice samples in our hand, we could feel the extra gritty texture between our fingers. We don’t even allow food color in spices because they have their own color. Adding synthetic colors, which are only for industrial use, is a serious offense. It can be toxic,” said Meera Singh, the food safety officer.

Gold and silver rate today on 03-05-2024: Check latest rates in your city “Gold prices remained range-bound, hovering around the $2300 mark ahead of the release of the important Nonfarm Payroll and Unemployment data later in the evening. Market projections suggest lower payrolls, which could keep gold buyers interested, as weaker-than-expected Nonfarm Payroll data typically supports gold prices. Conversely, higher-than-expected data could add selling pressure," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

bullion seems to be diminishing as gold prices on MCX for June futures contracts fell by Rs 102 or 0.14% on Friday to trade at Rs 70,634 per 10 grams while MCX July silver contracts were down by Rs 44 or 0.05% to Rs 81,319 per kg. Gold and silver exhibited significant volatility, initially surging during the early trading session following the FOMC meeting outcomes, only to relinquish those gains later on.

₹70,615 per gram on the multi commodity exchange (MCX). Also Read: US Fed to hold rates at 23-year high-mark until inflation cools, slows pace of balance sheet runoff: 5 key highlights -Analysts say that given the sticky inflationary environment and the relative strength of the US dollar, there has been some pressure on the gold market over the course of the last couple of weeks. They believe the pullback has not yet run its course.

₹58,999, while the realme 12 Pro+ 5G is being sold at a discounted price of ₹33,999. Budget-conscious consumers can also grab the Motorola Edge 40 Neo at an appealing ₹20,999. Here are the top smartphone deals available during the sale.

Ruturaj Gaikwad opened the batting for Chennai Super Kings at the MA Chidambaram Stadium. The right-handed batting pair got their side off to a good start in the powerplay, putting on 55 runs in the first 6 overs. However, the dip in the scoring rate after the powerplay put Ajinkya Rahane under extra pressure and CSK eventually lost their first wicket when Harpreet Brar dismissed the veteran batsman for 29 (24).

correction in Gold prices, where the yellow metal has corrected by nearly Rs 3000 per 10 gram or 4% from the lifetime high is its biggest fall in nearly two years. Can we expect the trends to reverse or a top has been made? This is what multiple experts tell ETMakets as they spell out their trading strategy. Notwithstanding the fall seen in yellow metal over the last two weeks, the rally in gold this year so far has been nothing short of spectacular. Gold futures on the MCX have climbed nearly 13% or Rs 8,000 per 10 gram on the year-to-date basis. The gains had been primarily on geopolitical tensions increasing the safe haven appeal of gold along with hopes of an early rate cut that triggered movement in the first fortnight of April. The month-to-date price rise still stands at 6%.

RBI) has cautioned banks about gold loan disbursals being made through fintech startups, according to people familiar with the matter. The central bank has flagged “concerns with the evaluation process” by these banks and fintechs, especially in cases where the gold is sourced through field agents of companies, one of the persons said. “The regulator has verbally expressed its concerns to a set of banks regarding this and asked them to take corrective actions immediately,” said another person. Rupeek, IndiaGold and Oro Money are a few of the major players that source gold loans for banks.

tur and urad are rising. The impact of yellow pea imports must be reflected in chana prices but that has not been the case. The market and the price trend indicate supply tightness of chana, resulting in lower procurement by Nafed and higher purchase by private agencies.

LTCG) tax. And if the assets were sold within three years of purchase, you are entitled to pay short-term capital gain tax, which means the gains are added to the tax slab. Income Tax (I-T) Act 1961 allows taxpayers to claim tax exemption of LTCG under section 54F.

ANI. “Severe heatwave conditions are also being faced in Odisha, especially in North Odisha, although not like in West Bengal but severe enough for many days and hence a red alert has been issued for this part too," she said. She further added that currently the temperature is very elevated and above normal in eastern and peninsular India.

International and domestic gold and silver prices gained on Thursday after the Dollar eased after US first-quarter GDP rose less than expected in the first quarter. The rise comes on hopes the Fed could move to lower interest rates after weak GDP numbers.