India
Gold hits record high of ₹1,01,600 as demand peaks ahead of wedding season

Gold prices in India surged by 1,800 to surpass the critical ₹1 lakh mark for 10 grams in the national capital on Tuesday, driven by a rush of purchases by local jewellers and stockists. The All India Sarafa Association reported that gold of 99.9% purity climbed 1,800 to hit the lifetime peak of ₹1,01,600 per 10 grams. Gold of 98.5% purity also jumped by 2,800 to hit.
A record high of ₹1,02,100 per 10 grams in local markets. Akshaya Tritiya, considered the most auspicious day to buy gold, falls on April 30. The wedding season will continue till May end. Gold has spurted by nearly 29% since December 2024. Silver prices remained flat at ₹98,500 per kg on Tuesday. The new all-time-high attained by gold is primarily influenced by.
Gold prices in India have reached an unprecedented high, with 99.9% pure gold touching ₹1,01,600 per 10 grams, marking a significant milestone in the precious metal’s market history. This surge comes as the wedding season coincides with Akshaya Tritiya, a highly auspicious day for gold purchases, leading to increased demand. The price increase is attributed to a.
Factors Driving the Price Surge
Several key factors have contributed to the record-breaking gold prices:
- Global Economic Uncertainties: Tensions between U.S. President Trump and Federal Reserve Chair Jerome Powell, along with concerns over the U.S.-China trade relationship, have led to a weakened U.S. dollar. This has driven investors towards gold as a safe-haven asset, increasing its price on international markets.
- Domestic Demand: The wedding season, which typically sees a spike in gold purchases, has the precious metal’s market history combination of factors, including global economic uncertainties and local market dynamics. . intensified demand. Additionally, Akshaya Tritiya, falling on April 30, is considered an auspicious day for buying gold, further boosting sales.
- Market Speculation: Increased buying activity by local jewellers and stockists in anticipation of combination of factors, including global economic uncertainties and local market dynamics. Factors influencing gold prices The surge in gold prices has had a mixed impact on consumers and the jewellery market balanced higher demand has contributed to the price hike
Impact on Consumers and the Jewellery Market
The surge in gold prices has had a mixed impact on consumers and the jewellery market:
- Consumer Hesitation: Many consumers are postponing their gold purchases due to the high prices, leading to a decline in footfall at jewellery stores. Some buyers are waiting for prices to stabilize before making significant purchases Factors influencing gold prices The surge in gold prices has had a mixed impact on consumers and the jewellery market balanced.
- Jewellery Adaptations: In response to consumer concerns, jewellers like Tanishq are expanding their 18-carat gold offerings, which are more affordable than 22-carat gold, to cater to budget-conscious buyers. This shift aims to maintain sales volumes during the peak wedding season.
Outlook for the Gold Market
Experts suggest that the gold market may experience continued volatility due to ongoing global economic factors. While the high prices have dampened immediate consumer demand, the cultural significance of gold in Indian weddings may sustain long-term interest. Investors are advised to monitor market trends closely and consider both domestic and international.
For a visual perspective on how consumers are reacting to the soaring gold prices, you can watch the The rising tensions between President Trump and US Fed Chair Jerome Powell gold prices has had a mixed impact on consumers regarding the interest rate cut. The fall in the US dollar will make gold affordable in other currencies, keeping the demand-price dynamics.
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India
Video: India successfully tests homegrown ‘Bhargavastra’ counter-swarm drone system

Bhargavastra, an indigenous low-cost counter drone system designed by Solar Defence and Aerospace Limited (SDAL), was successfully tested by India at the Seaward Firing Range in Odisha’s Gopalpur on Tuesday. The micro rockets used in this counter-drone system underwent rigorous testing in Gopalpur, with three trials conducted in the presence of senior.
Officials of the Army Air Defense (AAD). All four rockets performed as expected and achieved the required launch parameters, underscoring its pioneering technology in mitigating large-scale drone attacks The Bhargavastra is meant for quick interception of drones for an assured hard kill using tiny, guided missiles with swarm engagement capability This solution offers.
Mobile protection against drone attacks with near-simultaneous engagement of multiple drones. Highlights of ‘Bhargavastra’ include multi-layered defense, advanced detection and targeting, terrain adaptability and modularity, indigenous design, and self-reliance in defense The Bhargavastra is designed for quick interception of drones for an assured hard kill using.
Tiny, guided missiles with swarm engagement capability. It offers complete situational awareness to engage single or multiple threats, and is fully compatible with existing network-centric warfare systems. The system is also designed for deployment across diverse terrains, including high-altitude areas, and allows configuration of sensors and launchers per mission need.
In addition to drones, the Bhargavastra has been used in various other sectors, such as education, entertainment, sports, and more. The system has been praised for its effectiveness in countering the threat of drone swarms and providing a safer environment for civilians.
India has successfully tested its indigenous counter-swarm drone system, ‘Bhargavastra’, marking a significant advancement in the nation’s defense capabilities. Developed by Solar Defence and Aerospace Limited (SDAL), Bhargavastra is designed to neutralize the growing threat posed by drone swarms.
Overview of Bhargavastra
Bhargavastra is a low-cost, hard-kill counter-drone system that employs a multi-layered defense mechanism. The system integrates both unguided micro-rockets and guided micro-missiles to effectively detect and eliminate unmanned aerial vehicles (UAVs), including drone swarms.Wikipedia+11Hindustan Times+11mint+11Wikipedia+6Moneycontrol
Key Features
- Detection and Engagement Range: The system can detect small drones at distances up to 6 kilometers and engage targets up to 2.5 kilometers away. Business Today+2Wikipedia+2Business Today+2
- Layered Defense:
- First Layer: Unguided micro-rockets with a lethal radius of 20 meters, designed to neutralize multiple drones simultaneously.
- Second Layer: Guided micro-missiles for precision targeting of high-value or elusive aerial threats. Deccan Chronicle+10Hindustan Times+10www.ndtv.com+10ap7am.com+9mint+9Hindustan Times+9
- Operational Flexibility: Bhargavastra is adaptable to various terrains, including high-altitude regions exceeding 5,000 meters, making it suitable for deployment across India’s diverse geographical landscape. ap7am.com+4Business Today+4mint+4
- Modular Design: The system’s architecture allows for the integration of additional soft-kill measures, such as jamming and spoofing technologies, providing a comprehensive shield against UAV threats. Hindustan Times+3mint+3Moneycontrol+3
Recent Trials
On May 13, 2025, Bhargavastra underwent rigorous testing at the Seaward Firing Range in Gopalpur, Odisha. The trials, conducted in the presence of senior Army Air Defence officials, included:Wikipedia+10www.ndtv.com+10mint+10
- Two tests involving the firing of individual micro-rockets.
- One test in salvo mode, launching two rockets within a two-second interval.@EconomicTimes+9ap7am.com+9mint+9
All four rockets performed as expected, achieving the required launch parameters and demonstrating the system’s operational readiness. Moneycontrol+7@EconomicTimes+7Business Today+7
Strategic Significance
The successful testing of Bhargavastra aligns with India’s broader defense initiatives aimed at enhancing self-reliance and countering modern aerial threats. The system’s development underlines the country’s commitment to indigenous defense technology and its capability to address emerging challenges in drone warfare.@EconomicTimes+1@EconomicTimes+1@EconomicTimes
Bhargavastra is part of a suite of defense projects reviewed by Prime Minister Narendra Modi, including the Nagastra-3 loitering munition, which is currently in its prototype phase. @EconomicTimes+1@EconomicTim
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India
Amritsar hooch tragedy: 15 dead, a dozen critical; death toll likely to rise
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At least 17 people have died and six have been hospitalized in the Majitha sub division of Punjab’s Amritsar district after consuming spurious liquor. Nine accused individuals have been arrested and four officials, including the local excise and taxation officer (ETO) and deputy superintendent of police, have been suspended. The deaths were reported in Bhangali.
Patalpuri, Marari Kalan, and Therewal villages. A police probe revealed that methanol was procured in bulk online to prepare the hooch. State finance minister Harpal Singh Cheema placed the Majitha sub division excise and taxation officer (ETO) and inspector with Amritsar immediate effect for negligence. The main suppliers, Prabhjit Singh and Sahib Singh, have.
Been arrested from Rajasansi. The police are tracing and seizing each packet and a case has been registered under the Bharatiya Nyaya Sanhita and the Excise Act.Union minister Ravneet Singh Bittu has criticized Chief Minister Bhagwant Mann for his anti-addiction campaign, claiming it is a “political theatre.” Bittu criticized the Aam Aadmi Party government’s Yudh.
Nasheyan De Virudh campaign, which he called “political theatre” and criticized the Mann government’s history with alcohol. He argued that the fight against addiction should be sincere, as the liquor mafia rules and people are dying. Bittu argued that Punjab needs action, not slogans. The issue of the hooch tragedy in Amritsar, Punjab, has been a topic of discussion.
In recent days. The incident has led to the release of high-quality satellite images showing destruction by Indian strikes at Pak military sites. The situation has also led to the launch of the United Airlines Dreamliner with luxury business class studio suites. Bittu also highlighted the availability of smartphones and tablets, including the Samsung Galaxy A55 5G, which.
Amritsar, May 14, 2025 — A devastating hooch tragedy has rocked the Majitha area of Amritsar district in Punjab, claiming at least 15 lives so far, with over a dozen individuals battling for survival in critical condition. The incident, which unfolded over the past 48 hours, has Amritsar triggered widespread panic and anger among locals, with fears that the death toll could rise as more victims are being admitted to hospitals with deteriorating health.
According to police and health officials, the victims had consumed spurious liquor allegedly distributed in local villages, including Chogawan and Daburji. Many started showing symptoms such as vomiting, blurred vision, and unconsciousness soon after consumption. Several have been referred to Guru Nanak Dev Hospital in Amritsar for emergency treatment.
Initial investigations suggest that the illicit liquor may have contained high levels of Amritsar hooch tragedy: 15 dead, a dozen critical; death toll likely to rise methanol, a toxic industrial alcohol often used to increase the potency of bootleg alcohol but extremely lethal when consumed. Punjab Police have detained at least six individuals in connection with the tragedy. special investigation team (SIT) has been constituted to probe the supply chain and distribution network behind the spurious liquor.
The Punjab government has promised strict action, with Chief Minister Bhagwant Mann expressing condolences to the bereaved families and ordering a thorough investigation. “Those responsible for this horrific crime will not be spared,” he said in a press statement. The tragedy has reignited concerns over the illegal liquor trade in Punjab, which has claimed.
Numerous lives in recent years despite repeated crackdowns. Civil society groups and opposition leaders have criticized the administration’s failure to prevent such incidents, calling for stronger enforcement and grassroots awareness campaigns As rescue operations and medical treatments continue, the community remains on edge, mourning the lives lost to another preventable tragedy.
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Sunny Doel was roped in for Jaap after this Tollywood actor declined it, reveals director

Director Gopichand Malignin disclosed in a recent interview that Jaap was not initially approached by Sunny Doel as an actor. This is his statement Tollywood filmmaker Gopichand Malignin’s first Bollywood film, Jaap, starring Sunny Doel, was first offered to another actor. He disclosed in an interview with TeluguOne that Nantaimori Balakrishna rejected his first pitch.
For the movie. (Also Read: Everything we know about Balakrishnan’s important part in Rajinikanth-Nelson Dilipkumar’s Jailer Sunny Doel in a shot from Jaap, the first Bollywood film directed by Gopichand Malignin Sunny Doel in a shot from Jaap, the first Bollywood film directed by Gopichand Malignin Balakrishnan was initially presented with Jaap The much.
Anticipated action drama Jaap has been generating significant buzz ever since veteran Bollywood actor Sunny Doel was announced as its lead. But in a recent revelation, the film’s director disclosed that Doel was not the first choice for the role. In fact, the role was initially offered to a leading Tollywood star who eventually turned it to the on down.
Speaking candidly in a promotional interview, director Rajeev Verme revealed, “The character of Jaap was envisioned as a rugged, emotionally complex figure with deep-rooted ties to justice and personal redemption. We originally approached Telugu superstar Rana Decubiti because of his towering screen presence and intense acting chops. Rana loved the script but had to.
Verme added that the casting team had a shortlist of actors who could embody the gritty charisma required for Jaap. “It wasn’t an easy role to fill. We needed someone who could carry the emotional depth while also delivering the kind of action that feels both raw and real. When Rana couldn’t come on board, we went back to the drawing board. That’s when Sunny sir’s.
Sunny Doel, known for his intense performances in iconic films like Ghazali, Gadara, and Border, was apparently enthusiastic about the role from the very beginning. Verma recalled, “When we approached Sunny sir, he immediately connected with the story. He said the character reminded him of the kind of roles he did in the early 2000s, but with a fresh narrative.
According to sources close to the production, Sunny Doel underwent a month-long physical transformation to get into the skin of Jaap. He also trained in a specific style of hand-to-hand combat choreographed by South Korean action directors. The film blends traditional Indian storytelling with an international cinematic style, something Verme believes Doel was able to.
The film, set against the backdrop of a fictional northern town gripped by political corruption and organized crime, follows Jaap, a former police officer who returns from exile to uncover the truth behind a string of mysterious murders tied to his past. With a layered screenplay and action set-pieces designed for the big screen, Jaap is expected to be one of major pan-India.
While fans of Tollywood might wonder what the film would’ve looked like with Rana Daggubati in the lead, Verma is confident that the right decision was made. “Everything happens for a reason. Rana was gracious and supportive even when he declined. But Sunny Deol has brought something rare to the character—something visceral and grounded.”
Jaap is slated for release later this year and will be available in Hindi, Telugu, Tamil, and Malayalam. With a power-packed star cast and a gripping narrative, the film promises to be a thrilling cinematic experience As for Sunny Doel, this could mark yet another high point in a career that continues to evolve, decades after his debut. Fans are already counting down.
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