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Gold as ‘new barometer’: RBI Guv says gold prices reflect global uncertainty as crude did earlier; warns of global equity market correction

RBI Governor Sanjay Malhotra on Friday said gold prices may now be acting as a fresh barometer of global uncertainty, similar to how crude oil once reflected geopolitical risks, even as he cautioned of a potential correction in global equity markets.Speaking at the Kautilya Economic Conclave 2025, Malhotra noted that despite widespread fiscal stress, oil…

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USA Cricket in turmoil: League director ousted amidst governance crisis, financial uncertainty | Cricket News

What is the way forward for USA Cricket? (Images via X/Screengrab & Getty Images) USA Cricket’s (USAC) troubles have escalated further after the suspension handed by the ICC last week. In a new twist, six of the nine member leagues have voted to remove League Director Anj Balusu. The move reflects growing frustration within the…

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H-1B workers face uncertainty as Project Firewall targets visa abuse, protects American jobs

The Trump administration has launched a high-stakes initiative aimed at stopping H-1B visa abuse and prioritising American workers. Dubbed Project Firewall, the program is designed to ensure companies hire Americans into high-paying, mortgage-supporting jobs rather than relying on foreign labour. Targeting rampant H-1B misuse Project Firewall comes amid mounting concerns over H-1B visa misuse in…

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Trump tariff impact: ‘Bigger effect on investments’, says Shell; global economic uncertainty a factor

Shell faces low oil prices and US tariff uncertainty (Image credits: X @Shell) US President Donald Trump’s tariffs are creating uncertainty into the global economy, impacting investment decisions more than supply chain costs, said Shell India’s Robin Mooldijk, president of projects and technology.“The primary effect is on our supply chain. It becomes more expensive and…

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Donald Trump tariffs: Container freight rates likely to remain subdued amid uncertainty; expected to correct 10–15%

Container freight rates are expected to remain subdued for the rest of FY26 as uncertainty in global trade continues, driven by US President Donald Trump’s unpredictable tariff policies, industry experts said. According to ET, exporters rushed shipments to the US ahead of the August 27 deadline for a steep 50% tariff on Indian goods, targeting…

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Connor McDavid’s contract uncertainty looms large as Edmonton Oilers enter another season without a long-term commitment | NHL News

Connor McDavid (Getty Images) The Edmonton Oilers are preparing for another grueling NHL season, but the biggest storyline has nothing to do with the ice. Connor McDavid, the face of the franchise and widely regarded as the best hockey player in the world, has yet to commit to a new deal beyond the 2025-26 season….

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Chabahar Port in Iran faces uncertainty: US revokes sanctions exemption; what it means for India

India’s strategic gateway to Afghanistan and Central Asia, the Chabahar Port in Iran, faces mounting challenges as the United States revoked sanctions exemptions previously granted under the Iran Freedom and Counter-Proliferation Act (IFCA). The move, effective September 29, risks exposing Indian operators at the port to US penalties and raises serious questions about the future…

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Asia Cup 2025: Uncertainty looms as Pakistan doubles down on demands | Cricket News

Pakistan players react after their loss in the Asia Cup cricket match against India at Dubai International Cricket Stadium in Dubai, United Arab Emirates. (AP/PTI) Dubai: Cricket’s latest flashpoint is threatening to overshadow the Asia Cup. For the second straight day, uncertainty loomed large as Pakistan pushed for the removal of match referee Andy Pycroft…

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