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From January 1, the gold rate has increased 430rs per gram and more than 3000rs per sovereign. US government military action against the Venezuela and the follow up events are the reason behind this surge.
Silver prices in India have witnessed a dramatic rally, climbing ₹21,000 per kg in just the first seven days of January 2026, with daily jumps of ₹9,000, ₹5,000, and ₹12,000 over three consecutive days. Retail rates touched ₹2,53,100 per kg, narrowing the gap to December’s peak of ₹2,85,000. Long-term investors anticipate a return to record highs, while new buyers hope for corrections amid afforda
The Indian government is actively considering mandatory hallmarking for silver jewellery and artefacts to enhance consumer safety in the precious metals sector, as announced by BIS Director General Sanjay Garg. Unlike gold’s compulsory system, silver currently operates voluntarily with HUID for purity verification.
Tamil Nadu government ₹2.5 crore corpus fund to support startups developing advanced Tamil language technologies using AI and natural language processing. Last date to apply is Jan 7, 2026. Administered jointly by Tamil Virtual Academy and Startup TN, the initiative aims to foster world-class Tamil large language models, translation tools, chatbots, and speech recognition systems. Eligible DPIIT-r
Venezuelan President Nicolas Maduro and his wife Cilia Flores were captured by American forces, drawing global attention to the geopolitical event. A viral image of Maduro wearing a grey Nike Tech tracksuit, along with accessories, dominated social media discussions and turned the serious incident into an unexpected fashion phenomenon.
The Employees’ Provident Fund Organisation (EPFO) may increase the minimum pension under the Employee Pension Scheme (EPS) from Rs 1,000 to Rs 5,000 per month for private sector employees. This proposal aims to provide better financial support amid rising costs, potentially benefiting millions of pensioners.
The Employees’ Provident Fund Organisation (EPFO) allows eligible members to pay Life Insurance Corporation (LIC) policy premiums directly from their EPF account under Paragraph 68(DD), preventing lapses during cash shortages.
Analysts observe that US sanctions on Venezuela reduce bilateral trade with India, notably crude oil imports, but Indian companies retain upstream interests and resilience through diversification and partnerships.
Nicolas Maduro’s deep personal connection to Indian spiritual leader Sathya Sai Baba, which influenced his life from his days as Foreign Minister through his presidency, even amid Venezuela’s political collapse.
Under the Trump administration, the United States is reasserting dominance in Latin America, viewing it as its strategic backyard against China’s expanding economic footprint. Actions include Panama’s withdrawal from the Belt and Road Initiative, Mexico’s tariffs on Chinese goods, and heightened Venezuela pressures, exposing limits to Beijing’s regional power.
