Tuesday, September 08
Cricket fans witnessed a major shake-up ahead of the IPL 2026 retention deadline as Arjun Tendulkar, son of legendary cricketer Sachin Tendulkar, was officially transferred from Mumbai Indians (MI) to Lucknow Super Giants (LSG). The young bowling all-rounder will join LSG at his existing IPL fee of INR 30 lakh, marking a significant step in his burgeoning professional career.Mumbai Indians took to X to bid farewell to their rising star, "Thank you, Arjun, for being a valued member of the Mumbai Indians family. Everyone at MI wishes you the very best for the next chapter of your journey with Lucknow Super Giants. We are proud to have been a part of your development and look forward to seeing you continue to grow and make your mark." <blockquote class="instagram-media" data-instgrm-capti
Gold prices dropped 3% on Friday on a broader market sell-off, sparked by hawkish remarks from U.S. Federal Reserve officials, dimming hopes for a December interest rate cut. Spot gold fell 1.9% to $4,092.72 per ounce, as of 02:33 p.m. ET (1933 GMT), after falling over 3% earlier in the session. However, bullion is up 2.3% so far this week. U.S. gold futures for December delivery settled 2.4% lower at $4,094.20. "It's this idea that we're going to see a lesser likelihood of a Fed rate cut in December that is taking some of the wind out of the sails of the gold and silver market," said David Meger, director of metals trading at High Ridge Futures. Equity markets tumbled, following the global selloff triggered by hawkish Fed signals. The longest U.S. government shutdown, which ended Thursday
European shares fell on Friday, as hawkish commentary from U.S. policymakers dampened expectations of an imminent interest rate cut, even as the benchmark STOXX 600 index registered its strongest weekly performance since late September. The pan-European STOXX 600 ended down 1% to 574.81 points, with banks down 2.4%. Macro developments in the U.S. have been in the spotlight this week and investors were hopeful that the resumption of data releases would point to a weaker economy and give the Federal Reserve reason to lower borrowing costs in December. However, those expectations were pared after a growing number of Fed policymakers signalled caution on further easing. Additionally, technology stocks came under renewed selling pressure. "If indeed (US markets are) in bubble territory and the
Gold prices in India have eased from recent highs, but the decline is being viewed as a technical correction rather than a sign of weakening momentum. After climbing steadily over the past few months, MCX gold slipped toward the crucial Rs 1,21,800 support zone, prompting questions on whether the broader rally was losing steam.However, analysts emphasise that the pullback is occurring within an established uptrend, with key structural levels still intact for the Indian market.The recent movement in gold is being characterised as a retest of previously supportive zones, rather than a downturn driven by fundamental factors. Domestic and global charts continue to trade within a broader rising pattern, indicating that the larger trend remains upward.Analysts note that even though interim dips
Turbulence in technology stocks could ratchet higher in the coming week as investors react to the quarterly report from Nvidia Corp, the world's largest company by market value that is at the heart of Wall Street's artificial intelligence trade. Showing a steadier tone by late Friday, the benchmark S&P 500 equity index ended a volatile few days about flat on the week. Strength in the first three days yielded to a selloff on Thursday as uncertainty about the economic outlook and path for U.S. interest rates undercut optimism over the end of the longest-ever U.S. government shutdown. The Cboe's VIX stock volatility index, the market's so-called fear gauge, reached its highest in about a month early Friday as stock index futures slid in early trade. Investors remained skittish about vulne
Delhi woke up to dense smog on Saturday morning as the Air Quality Index (AQI) stood at 386 at 8 am, falling under the 'very poor' category, according to data released by the Central Pollution Control Board (CPCB).India Gate was barely visible this morning, shrouded by a thick layer of smog, as the air quality in the national capital remained hazardous. The toxic air persisted a day after Delhi recorded an AQI of 397, also in the 'very poor' range.According to CPCB readings, several areas in the city witnessed alarming pollution levels. Ashok Vihar reported an AQI of 415, Bawana 441, Burari Crossing 383, CRRI Mathura Road 365, Chandni Chowk 419, Dwarka Sector-8 393, ITO 418, Jahangirpuri 422, JLN Stadium 389, Mundka 426, Najafgarh 385, Narela 418, Patparganj 399, Punjabi Bagh 405, RK Puram
Defending champions Royal Challengers Bengaluru have released England all-rounder Liam Livingstone — their most notable overseas exit — ahead of the IPL 2026 auction scheduled for December 16. Joining him on the release list are South Africa’s pace bowler Lungi Ngidi, New Zealand power-hitter Tim Seifert, and Zimbabwe fast bowler Blessing Muzarabani. Youngster Swastik Chikara, who didn’t feature in a single game, has also been let go, along with Mayank Agarwal, who was brought in last season as an injury replacement for Devdutt Padikkal. Left-arm quick Yash Dayal, who led RCB’s bowling attack during their title-winning run, has been retained for the franchise’s 19th IPL season. Dayal has been out of action since June 3 and is currently dealing with legal issues following allega
