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RBI Holds Rates at 5.25% as Growth Slows, Inflation Rises, June 05
RBI holds repo rate at 5.25%. GDP growth forecast cut to 6.6%, inflation raised to 5.1%. Central bank announces measures to boost foreign inflows.
Gold Prices Head for Weekly Loss as Spot Gold Falls 0.2% to $4,465 Ahead of U.S. Payrolls
Gold prices moved lower on June 5, 2026, as investors waited for the latest U.S. nonfarm payrolls report for clues on future Federal Reserve interest rate decisions. Spot gold slipped 0.2%, extending weekly losses after a strong rally earlier this year. Rising Treasury yields and cautious market sentiment also pressured bullion prices. Traders across global…
Hindustan Zinc Shares Fall 5.8% to ₹568.90 on Government’s 2% Stake Sale Report; Vedanta Drops 5%
Hindustan Zinc shares witnessed heavy selling during the latest trading session, with investors reacting to reports of a potential government stake sale. The stock dropped nearly 5.8% to ₹568.90, following reports that the Indian government may sell a 2% stake in Hindustan Zinc. The news created immediate fear of oversupply in the market. It also…
Former Student Arrested After Crossbow Attack at University of Surrey, June 05
21-year-old Saudi national arrested after shooting University of Surrey safety officer with crossbow. Victim in serious condition.
Bajaj Auto Rises 0.8% to ₹10,362 on June 04 as Copper Demand Climbs
Bajaj Auto stock rises 0.8% to ₹10,362. Meyka rates it B+ with ₹11,024 target. Copper surge supports automotive demand.
Nvidia CEO Jensen Huang Visits South Korea Again as Samsung and SK Hynix Power AI Boom
Nvidia CEO Jensen Huang has once again visited South Korea, highlighting the country’s growing importance in the global artificial intelligence ecosystem. His visit comes at a time when demand for high-performance AI chips is rising sharply across the world, driven by rapid adoption of generative AI, cloud computing, and advanced data center infrastructure. South Korea…
TSMC CEO Sees Continued AI Boom Driving Chipmaker Growth in Coming Years
The global semiconductor industry is entering a new phase of growth, and TSMC is positioned at the center of this transformation. The world’s largest contract chipmaker expects the artificial intelligence revolution to continue driving demand for advanced semiconductors for many years. Recent comments from CEO C.C. Wei highlight the company’s confidence in the future of…
MCX Gold Rises to Rs. 1,58,930 as Weaker Dollar and Falling Oil Prices Boost Bullion Demand
Gold prices gained fresh momentum on June 4, 2026, as MCX Gold climbed to Rs. 1,58,930 per 10 grams. The rally comes at a time when the US dollar has weakened and crude oil prices have moved lower, boosting demand for safe-haven assets. Investors are closely watching global economic signals and market uncertainty, which continue…
Australia’s Worst Packaging: Plastic-Metal ‘Franken-Can’ Wins Unpackit Award
Plastic-metal hybrid ‘franken-cans’ named Australia’s worst packaging at inaugural Unpackit Awards. Reusable milk kegs win for eliminating 4.5…