Stay updated with the biggest headlines for Friday, 27 March – politics, crime, sports, and more – all summarized for quick reading. Get instant access to breaking news, major developments, and trending stories in just one click. Perfect for busy readers who want news on the go.
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Gold and silver prices rose on the Multi Commodity Exchange (MCX) today on Friday. Investors indulged in value buying due to the dollar's weakness, leading to a surge in the yellow metal. MCX Gold June futures rose nearly 1% to ₹1,43,829 per 10 grams in morning trade, while the Silver May contract rose nearly 2% to trade at ₹2,23,978 per kilogram.
The dollar index declined by approximately 0.10%, making gold relatively cheaper in the international market. This directly impacted demand, and investors saw an opportunity to buy after the decline. A weak dollar typically supports gold prices, making it more affordable for investors holding other currencies.
The Indian stock market opened on weak cues on Friday. Selling pressure was seen in the pre-opening session itself, leading to declines in major indices. The BSE Sensex fell 389.66 points, or 0.52%, to 74,883.79, while the NSE Nifty fell 132.90 points to 23,173.55, slipping below 23,200.
The Indian rupee fell to 94.15 against the dollar for the first time, its lowest ever. The rupee's weakness has negatively impacted market sentiment, raising fears of higher import prices and rising inflation.
Amid rising tensions in West Asia, Prime Minister Narendra Modi will hold a crucial meeting with the Chief Ministers of various states this evening. This meeting, held via video conferencing, will review the states' preparedness and plans to deal with the crisis. This is the first time the Prime Minister will directly interact with Chief Ministers since the conflict began in the Gulf region.
The festival of Maha Navami, the ninth and final day of Chaitra Navratri, is being celebrated with reverence and devotion. Worshiping Siddhidatri, the ninth form of Goddess Durga, holds special significance on this day. It is believed that worship performed with a sincere heart blesses the Goddess with happiness, prosperity, and accomplishments. A special atmosphere of devotion prevails in temples and homes on this day.
Maa Siddhidatri is considered the complete form of Goddess Durga. Her form is described as extremely calm and radiant. She rides a lion and sits on a lotus throne. She holds a mace, a chakra, a lotus, and a conch shell in her four hands, symbolizing power, knowledge, and accomplishment. According to religious beliefs, Lord Shiva also attained many accomplishments through her grace.
Amid ongoing tensions in West Asia, Donald Trump has taken a major diplomatic step, extending the deadline for a potential attack on Iran's energy installations to April 6. This decision comes at a time when negotiations between the US and Iran are ongoing and the situation remains extremely sensitive.
In his statement, Trump stated that this decision was made at Iran's request and that talks between the two countries are progressing in a positive direction. Previously, the US had given Iran a 48-hour ultimatum to open the Strait of Hormuz to oil tankers, otherwise severe military action would be taken. However, the deadline has now been extended twice, clearly indicating that the US is prioritizing negotiations.
Delhi-NCR has witnessed a change in weather patterns over the past 24 hours. Light rain and overcast skies prevailed in several areas. According to the Meteorological Department, there is a possibility of rain today as well.
Dense clouds may cover the sky during the day, potentially causing a slight dimming of daylight. Additionally, strong winds gusting at speeds of approximately 40 kilometers per hour are expected. In terms of temperature, the maximum is forecast to hover around 29°C and the minimum around 19°C, ensuring pleasant weather conditions.
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