gold reserves

RBI is not alone in repatriating its gold reserves. Several central banks like France’s Banque de France, Germany’s Deutsche Bundesbank, Serbia’s National Bank have done the same - buy why?

India's central bank significantly boosted its gold reserves, bringing back 104 metric tonnes domestically between October 2025 and March 2026. This move, amid global geopolitical tensions and a decline in foreign currency assets, saw gold's share in forex reserves rise to 16.7%. Globally, central banks are increasingly repatriating gold, reflecting a growing trend towards bolstering national sovereignty.

India's foreign exchange reserves experienced a significant drop of $7.794 billion, reaching $690.693 billion in the week ending May 1. This decline, primarily driven by a fall in foreign currency assets and gold reserves, follows a previous decrease. The central bank's intervention in the forex market to support the rupee is a key factor behind this trend.

Gold price prediction today: Any upside in gold and silver prices may face resistance at higher levels, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Google celebrated Sir David Attenborough's 100th birthday with a special Doodle, featuring animal animations. The renowned naturalist is marking the milestone with family before a BBC tribute event at the Royal Albert Hall. His legacy, including his 1979 'Life on Earth' series and a stark warning about human impact on nature, was highlighted.

Soaring gold prices are igniting a mining frenzy in Brazil's Amazon, leading to accelerated deforestation in protected zones and hazardous mercury contamination. Illegal mining operations are expanding rapidly, particularly within Indigenous territories, posing a significant threat to the rainforest and its inhabitants. Authorities are struggling to curb these activities, which are often financed by powerful criminal organizations.

The Academy of Motion Picture Arts and Sciences has updated its rules for the Oscars. AI-generated performances and scripts will not be eligible for awards. Human actors must consent to their roles. Screenplays must be human-authored. The Academy will verify AI usage. This move follows concerns about AI in filmmaking and recent Hollywood strikes.

Manipur judoka Inunganbi Takhellambam, overcoming arduous journeys and early setbacks, achieved a historic bronze at the Asian Judo Championships. This marks a significant milestone after years of dedication, with her sights now set on the Commonwealth and Asian Games. Her journey highlights resilience and the pursuit of excellence in Indian sports.

The Indian rupee is facing significant pressure, weakening against the US dollar due to soaring crude oil prices driven by Middle East geopolitical tensions and persistent foreign fund outflows. Despite India's robust economic growth, the currency's slide continues as the Reserve Bank of India intervenes to curb volatility rather than target a specific exchange rate.

Gold price prediction today: Gold and silver prices are likely to be range bound this week, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Gold price prediction today: Gold prices will closely track movements on the rate decisions by several central banks, including the US Federal Reserve, this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

India's foreign exchange reserves surged by $2.362 billion to $703.308 billion in the week ending April 17, following a previous gain of $3.825 billion. This increase, driven by rising foreign currency assets and gold reserves, marks a rebound after a decline caused by Middle East geopolitical tensions.

Tamilaga Vetri Kazhagam's manifesto, spanning 94 pages, outlines comprehensive promises for Tamil Nadu voters. Key pledges include monthly financial aid for women, free bus rides, and healthcare initiatives. The party also committed to youth development, farmer support, police reforms, and economic revival for MSMEs and weavers.

Precious metals gold and silver are poised for continued pressure this week, influenced by US-Iran peace talks, central bank decisions, and key economic data. Analysts anticipate volatility as investors weigh geopolitical shifts, inflation concerns, and a strong US dollar. Domestic gold and silver futures saw significant drops, reflecting global market trends.

Weeks of conflict have intensified Iran's economic pressures, straining its financial system despite ongoing internal resilience and limited external trade. While facing significant business challenges and rising costs, Iran is leveraging domestic resources and alternative trade routes to sustain itself amidst a Gulf standoff and stalled ceasefire talks.

At convocations across Rajasthan, the applause is increasingly for women—gold medals, top ranks and multiple awards now routinely go to girls. This public sweep reflects a quieter, 18-year transformation in higher education, driven by policy tweaks, expanding institutions and changing family choices. Enrolment has surged, parity has tipped, and campuses are being reshaped by women’s presence in classrooms, hostels and student leadership. Yet the shift is uneven: access still depends on distance, safety and district-level course options, and subject choices remain clustered in familiar streams