Gold Prices Fall Nearly 2% Weekly as Fed Rate Hike Concerns Weigh on Bullion
Gold prices declined nearly 2 per cent this week amid rising crude oil prices, higher inflation expectations and growing bets on a US Federal Reserve rate hike.
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Gold prices declined nearly 2 per cent this week amid rising crude oil prices, higher inflation expectations and growing bets on a US Federal Reserve rate hike.
Commerce Minister Piyush Goyal says BRICS’ share in global merchandise exports has doubled to nearly 24%, with exports reaching almost $6 trillion in 2024.
Russian President Vladimir Putin says BRICS countries contributed more than half of global economic growth over the past five years, while proposing a new investment platform.
Paytm CEO Vijay Shekhar Sharma says India’s digital payment system is among the most advanced globally, highlighting the country’s fintech, AI and technology capabilities.
BRICS countries to launch a dedicated Agriculture Portal to boost agricultural trade, agri-tech innovation, technology exchange and farmer access to markets and financing.
Experts at the BRICS Business Forum said stronger business-to-business ties and fewer trade barriers could help Indian companies access new markets and diversify trade relationships.
India’s peak power demand has nearly doubled to a record 270.8 GW, while installed generation capacity rose to 552 GW by July 2026, the government said.
