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PSLV fails for 2nd time in 9 months; 3rd-stage glitch costs 16 satellites | India News

SRIHARIKOTA/BENGALURU: India’s first space mission of 2026 failed on Monday after Isro’s workhorse PSLV suffered a glitch in its solid-propellant third stage (PS3), costing 16 satellites and an ambitious project of strategic, diplomatic and commercial importance. The PSLV-C62 failure comes nine months after a glitch in the same third stage of PSLV-C61 prevented EOS-09, another…

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Gold price today: How much the yellow metal costs on January 5, 2026; check rates in Mumbai, Delhi & more

Gold prices climbed strongly on Monday after last week’s pullback, with futures gaining momentum amid fresh geopolitical concerns surrounding South American oil producing nation, Venezuela, and growing focus on upcoming US macroeconomic indicators. In the domestic market, February gold futures on the Multi Commodity Exchange (MCX) rose by Rs 1,509, or 1.11%, to Rs 1,37,270…

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All eyes on Shah Rukh Khan’s wrist: The ultra-rare Rolex that costs ₹13 crore

Shah Rukh Khan celebrated New Year’s in Dubai, drawing attention not with grand displays but with his understated style. His wrist featured an ultra-rare Rolex Cosmograph Daytona Sapphire, an off-catalogue piece valued at approximately ₹13 crore. Shah Rukh Khan welcomed the New Year in Dubai, and honestly, he didn’t need fireworks to steal attention. The…

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Union Budget 2026: Rice exporters seek support to boost sustainability, global competitiveness; relief sought on costs, logistics

The Indian Rice Exporters’ Federation (IREF) has called on the Union government to announce focused fiscal and policy measures in the Union Budget 2026 to strengthen India’s rice export ecosystem, covering both basmati and non-basmati varieties.In a representation to finance minister Nirmala Sitharaman, the federation underlined the importance of rice exports for the economy, rural…

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Gold price today: How much the yellow metal costs in your city today? Check rates for Mumbai, Delhi & other cities

Gold and silver futures opened the new year on a strong note on Friday, driven by firm global cues as investors moved towards safe-haven assets amid expectations of lower US interest rates.On the Multi Commodity Exchange (MCX), gold futures for February delivery rose Rs 948, or 0.7%, to Rs 1,36,752 per 10 grams, with a…

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Insurance costs under lens: RBI flags high-cost distribution driving premium growth, warns of medium-term pressure

The Reserve Bank of India has flagged emerging structural pressures in the insurance sector, warning that premium growth is increasingly being driven by high-cost, distribution-led strategies rather than improvements in operating efficiency, even as the sector remains stable in the near term, according to its latest Financial Stability Report.“While posing no near-term systemic risks, the…

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Steel inputs squeeze: Curbs on low-ash coke raise costs for makers; GTRI highlights input-side challenges

India’s steel capacity expansion is coming under pressure from a policy mismatch that raises input costs even as the government seeks to protect domestic producers, according to a report by the Global Trade Research Initiative (GTRI).“Protecting domestic metcoke producers is valid, but stacking quotas and duties on a non-substitutable input risks over-correction and macroeconomic consequences,”…

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Gold price today: How much 18K, 22K, 24K gold costs in Delhi, Mumbai, Bengaluru — check today’s city-wise rates

Gold price today: Precious metals continued their strong rally on Friday, with gold and silver scaling fresh record highs in both domestic and international markets, driven by firm global cues and sustained investor demand.On the Multi Commodity Exchange (MCX), gold crossed the Rs 1.39 lakh mark per 10 grams for the first time. Gold futures…

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