Author: Shivendra Saxena

New York: The dollar cracked. The yen surged. Gold didn’t wait around and blasted through $5,000 an ounce. Markets heard one word and moved fast. Intervention. The US dollar slid to a four-month low on Monday, pressured by mounting speculation that Washington and Tokyo may be preparing coordinated action to prop up Japan’s battered currency. The shift was sharp. The reaction, brutal. Dollar yen intervention talk now sits at the centre of global currency markets. The yen jumped 1.3 per cent to just under ¥154 per dollar. Not a gentle move. A statement move. It extended gains from Friday’s chaotic…

New Delhi – 77th Republic Day 2026: The morning began where it should. Silence. The National War Memorial. Prime Minister Narendra Modi laid a wreath, no speeches, no theatrics. India remembers first. Celebration comes later. By the time Kartavya Path filled up, the message was already locked in. This was not a parade built for applause. It was a ledger of capability. President Droupadi Murmu arrived in the ceremonial buggy, flanked by European Council President Antonio Costa and European Commission President Ursula von der Leyen. The optics were deliberate. India was not hosting. India was receiving. The theme this year…

Mumbai: India’s bullion market just blinked. Gold and silver premiums have surged to levels not seen in years as traders brace for possible import curbs and a weakening rupee. Gold silver premiums India are flashing red. On Wednesday, domestic gold premiums surged past the $100-an-ounce mark for the first time in over a decade. Silver didn’t just follow. It smashed records. Bullion dealers across Mumbai and other trading hubs charged premiums of up to $112 per ounce over official domestic gold prices. That figure already includes a 6 percent import duty and a 3 percent sales levy. Just a week…

Davos: Air Force One took off, circled back, and called it a night. Minor electrical issue. That was it. Trump waited, switched aircraft, and kept going. Davos had already moved on. The first part of the trip ended early. Roughly thirty minutes after departure from Joint Base Andrews, Air Force One reversed course. Crew decision. Electrical anomaly. The kind of thing that sounds ominous until someone reminds you that caution is the job. No alarms. No emergency slides. Just a quiet return to Maryland and a reshuffle behind closed doors. A few hours later, Trump climbed aboard a different jet,…

New York: One year after reclaiming the Oval Office, Donald Trump finds himself battling voters, allies, and reality itself. The noise is loud. The numbers are louder. Twelve months ago, Donald Trump walked back into the White House promising strength, speed, and supremacy. Today, as his second presidency hits the one-year mark, the scoreboard looks rough. Half the country thinks he has made the economy worse. Just over a third think he has improved it. That is not a rounding error. That is a warning sign. According to the latest Wall Street Journal poll, 50 percent of American voters say…

New York: China is not just building factories. It is building entire defense ecosystems. And it is doing it faster, denser, and smarter than the United States. China’s next industrial advantage does not look like a single breakthrough lab or a flagship weapons program. It looks like cities. Ordinary-looking cities that quietly link mines to motors, motors to drones, and drones to military units. All in one place. Welcome to China’s defense innovation cities. While Washington debates how to add a rare-earth processing plant or find a place to test drones, Beijing is clustering everything at once. Mining. Processing. Manufacturing.…

Mumbai: The IMF blinked first. India didn’t. India’s FY26 growth forecast now sits at 7.3%, and the world’s most cautious scorekeeper is finally sounding confident. The International Monetary Fund has raised India’s economic growth forecast for fiscal year 2026 by a chunky 0.7 percentage points, taking it to 7.3%. The reason is not mysterious. India simply outperformed expectations when it mattered. In its latest World Economic Outlook, the IMF pointed to a better-than-expected third quarter followed by strong momentum in the fourth. Translation: demand held up, activity didn’t wobble, and the economy refused to cool on cue. This comes right…

New York: Eighty years after the United Nations first met with hope in its voice, its secretary general is back at the same podium with a warning. Global cooperation, António Guterres says, is under attack by forces that no longer believe in playing together. In January 1946, delegates from 51 countries gathered in London’s Methodist Central Hall for the United Nations’ first General Assembly. Fresh from a devastating world war, they focused on one overriding goal: disarmament, especially the elimination of atomic weapons. Fast forward eight decades. The building is the same. The mood is not. Speaking at the 80th…

New York: No hype deck. No free tier. Just two developers, unused GPUs, and a Reddit post. Four years later, Runpod is clocking $120 million in ARR. The origin story doesn’t start in Silicon Valley. It starts in New Jersey basements. In late 2021, Zhen Lu and Pardeep Singh were corporate developers at Comcast. Nights and weekends were spent mining Ethereum on custom GPU rigs. It was a hobby. An expensive one. Roughly $50,000 between them, by their own estimate. Convincing their wives required optimism and a loose definition of “investment.” The returns never came. Ethereum mining barely dented the…

New York: The US Internal Revenue Service threw a grenade into the international private markets just before Christmas. The proposed Section 892 tax reforms appear technical. They are anything but. The rulebook upon which foreign governments invest in the US tax-free is being rewritten. We should pay attention to sovereign wealth funds, state pension plans, and the private-market managers who are wooing them. What Section 892 Actually Does? Section 892 is buried far into the US tax code, and hardly anyone outside the sphere of state money management can comprehend it. Its purpose is straightforward. It protects foreign governments and…