Karnataka's Housing Quota Hike for Minorities Sparks Debate

Karnataka's housing quota hike for minorities sparks debate; Dy CM issues clarification

In a move that has ignited a political firestorm, the Karnataka government has decided to increase the reservation for minority communities in housing schemes from 10 percent to 15 percent. This decision, announced by Deputy Chief Minister and State Congress President D.K. Shivakumar, has drawn both support and criticism, particularly from the Bharatiya Janata Party (BJP). Jun 20, 2025
RBI's Gold Loan Rules: A New Era for Lenders

Centre restricts import of certain precious metal alloys containing gold

This measure expands upon the existing restriction on the import of Platinum, "to now include the entire Customs Tariff Heading (CTH) 7110 at the 4-digit level, thereby ensuring uniformity in the import policy governing precious metals and their alloys," according to a Commerce Ministry statement. Jun 20, 2025
Gold prices slip after US Fed signals more gradual path for rate cuts

Gold prices slip after US Fed signals more gradual path for rate cuts

US Fed Chair Jerome Powell noted the central bank expects an increase in inflation in the coming months amidst tariffs and other factors, reinforcing a cautious policy stance. While markets initially responded with optimism, Powell tempered expectations by reiterating that with low and stable unemployment, the Fed is well-positioned to wait for more data before making any moves. Jun 20, 2025
Pak army chief Munir's meeting with Trump lasted over two hours: ISPR

Trump and Munir's meeting went on for two hours amid public outcry

President Trump expressed a keen interest in forging a mutually beneficial trade partnership with Pakistan, based on long-term strategic convergence and shared interests. Munir acknowledged Trump's statesmanship and his ability to comprehend and address the multifaceted challenges faced by the global community Jun 19, 2025
Chinnaswamy stampede: Complaint filed against CM Siddaramaiah, Dy CM Shivakumar

Chinnaswamy stampede: Complaint filed against CM Siddaramaiah, Dy CM Shivakumar

Chief Secretary Shalini Rajneesh, Secretary of DPAR Satyavathi, Karnataka State Cricket Association (KSCA) CEO Subendhu Ghosh, Senior Director of Royal Challengers Sports Pvt Ltd Menon Vijayan Rajesh, and Managing Director of DNA Entertainment Networks Pvt Ltd Thimmaiah Venkata Vardhana have also been named as accused. Jun 19, 2025