Gold prices slipped 0.1% to $3,655.10/oz on Thursday as the dollar firmed after the Fed’s rate cut, though analysts say the long-term outlook remains bullish amid global economic uncertainty.At home, Union Finance Minister Nirmala Sitharaman urged India Inc. to shed its investment hesitation, pressing for industry participation in bridging HR and skilling gaps aligned with the Viksit Bharat vision.Trade ties could see a breakthrough, with CEA V. Anantha Nageswaran expressing optimism that the US-India tariff dispute will be resolved in the coming couple of months.
In a major relief for billionaire Gautam Adani, SEBI cleared the Adani Group and its executives of some allegations raised by Hindenburg Research.
Auto major Maruti Suzuki slashed prices across several models from September 22, passing on GST benefits and offering extra festive discounts to attract budget buyers.Motherson signaled readiness to move into full car assembly if customers demand it, with Chairman Vivek Chaand Sehgal stressing the group’s customer-led approach.
Across the Atlantic, families of AI171 crash victims sued Boeing and Honeywell in a US court, alleging defective dual switches played a role in the Ahmedabad tragedy.
On the geopolitical front, India said it will study the implications of Pakistan’s new security pact with Saudi Arabia, which binds the nations to treat an attack on either as an attack on both.Tech buzz came from Menlo Park, where Mark Zuckerberg unveiled Oakley Meta Vanguard AI sports glasses, touting them as the next leap in athlete performance wearables.In Delhi, Rahul Gandhi alleged systematic deletion of Congress votes in Karnataka, charges the Election Commission of India dismissed as baseless.Gold prices retreat after the US Fed rate cut, but the outlook remains bullishGold prices edged lower on Thursday (September 18) as the US dollar strengthened following the Federal Reserve’s widely anticipated rate cut and cautious forward guidance. Spot gold fell 0.1% to $3,655.10 per ounce, while US December gold futures slipped 0.8% to $3,689.80 an ounce.Read More Here Finance Minister Nirmala Sitharaman to industry: Invest, bridge HR gaps, partner on skilling
Finance Minister Nirmala Sitharaman has urged Indian industry to shed its hesitation and step up investments, stressing that the government had delivered on ease of doing business and was working to plug skill gaps in line with India’s vision of Viksit Bharat.Read More Here
India, US likely to resolve tariff dispute in ‘next couple of months’: CEAA resolution to the ongoing tariff dispute between India and the United States could come within the next couple of months, Chief Economic Advisor V. Anantha Nageswaran said on Thursday, expressing cautious optimism about the trajectory of negotiations.Read More HereSEBI clears Adani Group of Hindenburg allegationsIndia’s market regulator SEBI has officially cleared Gautam Adani, Rajesh Adani, and several Adani Group entities—including Adani Ports & SEZ, Adani Power, and Adani Enterprises—of all allegations raised by US-based short-seller Hindenburg Research.Read More HereMaruti cuts car prices with GST pass-through and extra Diwali discounts across models: Full listMaruti Suzuki cuts car prices from September 22, passing GST benefits and extra festive discounts, especially on entry-level models to attract two-wheeler owners.Read More Here Motherson ready to enter car assembly if customers demand, says Chairman SehgalVivek Chaand Sehgal, Chairman of Samvardhana Motherson Group, said the company is prepared to step into car assembly if customers ask for it. “We can assemble machines and components, we can assemble a car—why not?” he remarked, making it clear that the group’s entry will be customer-led rather than speculative.Read More HereAI171 crash victims’ families sue Boeing, Honeywell as legal battle beginsFamilies of passengers killed in the Air India plane crash in Ahmedabad have filed a lawsuit in the United States against Boeing and Honeywell, alleging defective dual switches played a role in the disaster.Read More HereHere’s how India reacted to Pakistan’s security pact with Saudi ArabiaSaudi Arabia’s Crown Prince Mohammed bin Salman and Pakistan’s Prime Minister Shehbaz Sharif signed a pact on Wednesday (September 17) where the two countries agreed they would treat an attack on any one of them as an attack on both. Read More HereOakley Meta Vanguard: The next era for sports performance AI glassesThe future of sports tech just got real — and it’s looking good, fast, and seriously smart. Today at Connect, Mark Zuckerberg announced Oakley Meta Vanguard, the latest leap forward in Performance AI glasses built for athletes who live to push past their limits.Read More HereRahul Gandhi accuses CEC Gyanesh Kumar of protecting ‘vote chors’; EC calls claim baselessCongress leader Rahul Gandhi on Thursday (September 18) accused Chief Election Commissioner Gyanesh Kumar of protecting “vote chors” and people who have destroyed democracy. The Congress MP cited data from Aland — a Karnataka Assembly constituency — to claim that votes of Congress supporters were being systematically deleted ahead of elections.Read More HereBeyond #NewsroomFollow the CNBC-TV18 channel on WhatsAppCatch crispy news updates on the go! – CNBCTV18 MinisWatch all #videos under one segment- CNBCTV18 BingeWe bring you real-time updates and analysis of the stock market – Real-time market updatesWe’ll see you on Friday with another engaging ‘Top 10@10.’
