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Gold Prices Slip as US Inflation Boosts Fed Rate Hike Bets

Gold prices slipped as higher-than-expected US inflation strengthened expectations of a Federal Reserve rate hike. MCX gold futures stood at Rs 1,52,655, while silver futures were at Rs 2,34,886 per kg. Rising crude oil prices and geopolitical tensions also weighed on precious metals.

AI

Could AI kill humans? Anthropic CEO warns of rising risk

Dario Amodei says rapid AI development without safeguards could pose a serious threat to humanity.

Sitharaman, AIIB President Discuss Deepening India-AIIB Partnership

Finance Minister Nirmala Sitharaman and AIIB President Zou Jiayi discussed strengthening India-AIIB cooperation, including infrastructure, transport connectivity, local-currency financing and greater private-sector participation.

Steel Slag Roads Can Cut Costs by 40%, Last Longer: Jitendra Singh

Union Minister Jitendra Singh said steel slag road technology can reduce construction costs by around 40% and offer four times the strength of conventional roads, while promoting waste-to-wealth and sustainable infrastructure.

India’s Economic Growth Under PM Modi Impressive, Says African Business Leaders

African business leaders attending the BRICS Summit praised India’s economic growth under PM Narendra Modi and expressed confidence in stronger trade and investment ties with Africa.

China Southern Airlines to Resume Guangzhou-Delhi Flights From September 21

China Southern Airlines will resume regular Guangzhou-New Delhi flights from September 21, marking the return of its India service after a six-year suspension.

RBI Should Hike Rates Twice by 25 Bps as Oil Shock May Push Inflation Above 6.5%: SBI Research

SBI Research has recommended two 25-bps RBI rate hikes, warning that elevated crude oil prices and broader inflation risks could push CPI inflation above 6.5 per cent.

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