Spot gold rose 0.3% to $4,175.60 per ounce by 0259 GMT; US gold futures for December delivery gained 0.4% to $4,196.40
The RBI will infuse up to 1 trillion rupees ($10.53 billion) through the operation, which traders said must be to help lenders tide over tax outflows amid tightening of the daily cash reserve requirement.
A case has been registered against three unidentified individuals connected to a shooting incident involving Tiger Shroff. The incident occurred as the actor was leaving a football club after 7 pm on Sunday. Two people were injured, including the actor's driver, while Tiger Shroff escaped without gunshot injuries. Maharashtra Deputy Chief Minister Eknath Shinde visited the actor's residence to express support and concern.
IDBI Bank reported a 39% YoY decline in Q2 FY27 net profit, partly due to a one-off gain in the previous year. Despite this, underlying profitability, margins, asset quality, deposits and advances showed improvement. Meanwhile, Fairfax Financial’s proposed 60.72% stake acquisition marks a major milestone in the bank’s privatisation.
An NIA court acquitted Adil Farooq Bhat and Imran Nazir Najar of charges related to a 2021 grenade blast. The court found insufficient evidence to prove the prosecution's claims against the accused beyond reasonable doubt. Investigation into the grenade attack was criticized for significant lapses and failure to collect crucial evidence.
Tonbo Imaging India’s IPO closes amid strong investor demand, with 7.78 times subscription by Day 2 and a grey market premium of 74%. The Rs 852.18 crore issue is entirely an offer for sale. Investors will track allotment, listing expectations and the defence technology company’s declining FY26 financial performance.
Delhi Police has implemented robust security arrangements for the Ramlila events in West Delhi. The awareness campaign targets key issues such as women's safety and drug abuse among the youth. Police have set up CCTV surveillance systems and information kiosks to educate visitors effectively. Officers will arrive at venues ahead of performances to ensure public safety awareness. This initiative reflects the ongoing commitment to community engagement and crime prevention.
US Secretary of State Marco Rubio arrived in Samarkand, Uzbekistan, leading a large delegation of business executives. His visit focuses on strengthening trade and investment between the United States and Central Asian countries. Meetings with foreign ministers will address regional security and economic collaboration. Following Uzbekistan, Rubio will continue to India to discuss energy cooperation and strategic partnerships. Both visits aim to deepen bilateral ties and unlock new opportunities.