Gold prices crash 28% from all-time high in January
Spot gold has fallen about 28% from its all-time high of around $5,602 per ounce in late January and is now trading around $4,040 per ounce. However, gold prices are still up 20% year on year. Escalating tensions between Iran and the US, alongside the resulting surge in crude oil prices, are viewed as key drivers behind gold's decline.
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News By: Mansi Agarwal
08:06 pm Saturday, 25 July 2026
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Spot gold has fallen about 28% from its all-time high of around $5,602 per ounce in late January and is now trading around $4,040 per ounce. However, gold prices are still up 20% year on year. Escalating tensions between Iran and the US, alongside the resulting surge in crude oil prices, are viewed as key drivers behind gold's decline.
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News By: Mansi Agarwal
08:06 pm Saturday, 25 July 2026
Sent on @inshortschannel Telegram
India defeat 12th-ranked Zimbabwe to end streak of 2 straight T20I series whitewashes
India defeated 12th-ranked Zimbabwe by 90 runs in the second T20I in Harare, taking an unassailable 2-0 lead and ending their run of two consecutive T20I series whitewashes. Ishan Kishan struck 81(44) and Tilak Varma smashed 60*(29) as India put up a total of 219/5. India bowled Zimbabwe out for 129 in 17.5 overs, with Abhishek Sharma taking three wickets.
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News By: Anmol Sharma
08:17 pm Saturday, 25 July 2026
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India defeated 12th-ranked Zimbabwe by 90 runs in the second T20I in Harare, taking an unassailable 2-0 lead and ending their run of two consecutive T20I series whitewashes. Ishan Kishan struck 81(44) and Tilak Varma smashed 60*(29) as India put up a total of 219/5. India bowled Zimbabwe out for 129 in 17.5 overs, with Abhishek Sharma taking three wickets.
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News By: Anmol Sharma
08:17 pm Saturday, 25 July 2026
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Pralhad Joshi gets charge of Education Ministry
Union Minister Pralhad Joshi has been assigned additional charge of the Ministry of Education following the resignation of Dharmendra Pradhan, ANI reported. He currently serves as the Union Minister of Consumer Affairs, Food and Public Distribution, and New and Renewable Energy (MNRE). Pradhan resigned as Education Minister following protests by students over the NEET paper leak.
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News By: Dharini Mudgal
08:39 pm Saturday, 25 July 2026
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Union Minister Pralhad Joshi has been assigned additional charge of the Ministry of Education following the resignation of Dharmendra Pradhan, ANI reported. He currently serves as the Union Minister of Consumer Affairs, Food and Public Distribution, and New and Renewable Energy (MNRE). Pradhan resigned as Education Minister following protests by students over the NEET paper leak.
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News By: Dharini Mudgal
08:39 pm Saturday, 25 July 2026
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Can professionals, business owners switch between tax regimes every year?
Unlike salaried taxpayers, who can choose between tax regimes every year, business owners and professionals can switch their tax regime only once. Those filing ITR-3, ITR-4 or ITR-5 can opt out of the default new tax regime by filing Form 10-IEA. However, they cannot switch back to the new regime as long as their business or professional income continues.
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News By: Ishaan Mukherjee
09:55 pm Saturday, 25 July 2026
Sent on @inshortschannel Telegram
Unlike salaried taxpayers, who can choose between tax regimes every year, business owners and professionals can switch their tax regime only once. Those filing ITR-3, ITR-4 or ITR-5 can opt out of the default new tax regime by filing Form 10-IEA. However, they cannot switch back to the new regime as long as their business or professional income continues.
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News By: Ishaan Mukherjee
09:55 pm Saturday, 25 July 2026
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What do experts recommend doing before submitting pre-filled ITR?
Experts recommend treating a pre-filled ITR as a starting draft, not the final return. Taxpayers should reconcile the details with documents such as Form 26AS, the Annual Information Statement (AIS), Form 16, bank records and capital gains statements, they said. Verifying all income and claiming eligible deductions can help avoid tax notices and prevent overpaying tax.
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News By: Mansi Agarwal
10:57 pm Saturday, 25 July 2026
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Experts recommend treating a pre-filled ITR as a starting draft, not the final return. Taxpayers should reconcile the details with documents such as Form 26AS, the Annual Information Statement (AIS), Form 16, bank records and capital gains statements, they said. Verifying all income and claiming eligible deductions can help avoid tax notices and prevent overpaying tax.
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News By: Mansi Agarwal
10:57 pm Saturday, 25 July 2026
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Anahat Singh becomes 1st Indian to reach World Junior Squash Championships final in 2 decades
Anahat Singh became the first Indian in 21 years to reach the World Junior Squash Championships final since veteran Joshna Chinappa achieved the feat in 2005. The world number 20 defeated Egypt's Barb Sameh 3-1 in the semifinals (11-3, 8-11, 11-4, 11-6) in Ontario, Canada. The 18-year-old had won a bronze medal at the World Junior Championships 2025.
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News By: Ishaan Mukherjee
11:43 pm Saturday, 25 July 2026
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Anahat Singh became the first Indian in 21 years to reach the World Junior Squash Championships final since veteran Joshna Chinappa achieved the feat in 2005. The world number 20 defeated Egypt's Barb Sameh 3-1 in the semifinals (11-3, 8-11, 11-4, 11-6) in Ontario, Canada. The 18-year-old had won a bronze medal at the World Junior Championships 2025.
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News By: Ishaan Mukherjee
11:43 pm Saturday, 25 July 2026
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18-yr-old Anahat creates history, becomes 1st Indian to be crowned junior world squash champion
Eighteen-year-old squash player Anahat Singh on Saturday created history by becoming the first Indian to be crowned junior world squash champion. She defeated Egypt's Ruqayya Salem 3-0 (11-3, 11-7, 11-9) in the World Squash Junior Championships 2026 girls singles final at Niagara-on-the-Lake, Canada. Her victory ended Egypt's title-winning run dating back to 2011.
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News By: Anmol Sharma
12:19 am Sunday, 26 July 2026
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Eighteen-year-old squash player Anahat Singh on Saturday created history by becoming the first Indian to be crowned junior world squash champion. She defeated Egypt's Ruqayya Salem 3-0 (11-3, 11-7, 11-9) in the World Squash Junior Championships 2026 girls singles final at Niagara-on-the-Lake, Canada. Her victory ended Egypt's title-winning run dating back to 2011.
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News By: Anmol Sharma
12:19 am Sunday, 26 July 2026
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What are educational qualifications of new Education Minister Pralhad Joshi?
Pralhad Joshi, who took charge as Union Education Minister after Dharmendra Pradhan's resignation, holds a BA degree from KS Arts College affiliated with Karnataka University. He graduated in 1983 after completing his schooling at Railway School and New English School in Hubballi. Though his formal education is in arts, Joshi spent over three decades in public life and parliamentary affairs.
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News By: Ankit Tiwari
07:00 am Sunday, 26 July 2026
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Pralhad Joshi, who took charge as Union Education Minister after Dharmendra Pradhan's resignation, holds a BA degree from KS Arts College affiliated with Karnataka University. He graduated in 1983 after completing his schooling at Railway School and New English School in Hubballi. Though his formal education is in arts, Joshi spent over three decades in public life and parliamentary affairs.
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News By: Ankit Tiwari
07:00 am Sunday, 26 July 2026
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India defeat Pakistan 3-1 to win gold medal at Youth Hockey5s Asian Championship
India's Sub-Junior Men's Team defeated Pakistan 3-1 in the final to win FIH Youth Hockey5s Asian Championship 2026 in Oman's Muscat. Romit Pal, captain Ketan Kushwaha and Shahrukh Ali scored for India. India remained unbeaten in the entire tournament. They have also qualified for the inaugural FIH Youth Hockey5s World Cup.
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News By: Anmol Sharma
08:49 am Sunday, 26 July 2026
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India's Sub-Junior Men's Team defeated Pakistan 3-1 in the final to win FIH Youth Hockey5s Asian Championship 2026 in Oman's Muscat. Romit Pal, captain Ketan Kushwaha and Shahrukh Ali scored for India. India remained unbeaten in the entire tournament. They have also qualified for the inaugural FIH Youth Hockey5s World Cup.
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News By: Anmol Sharma
08:49 am Sunday, 26 July 2026
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4 mathematicians win 2026 Fields Medals, China's Hong Wang becomes 3rd woman ever to receive honour
China's Yu Deng and Hong Wang, USA's John Pardon and Canada's Jacob Tsimerman were awarded the 2026 Fields Medals. Wang became the third woman ever to receive the prestigious honour after Maryam Mirzakhani and Maryna Viazovska. Wang was honoured for solving the decades-old Kakeya conjecture. Fields Medal is widely known as the 'Nobel Prize of Mathematics'.
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News By: Anmol Sharma
09:03 am Sunday, 26 July 2026
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China's Yu Deng and Hong Wang, USA's John Pardon and Canada's Jacob Tsimerman were awarded the 2026 Fields Medals. Wang became the third woman ever to receive the prestigious honour after Maryam Mirzakhani and Maryna Viazovska. Wang was honoured for solving the decades-old Kakeya conjecture. Fields Medal is widely known as the 'Nobel Prize of Mathematics'.
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News By: Anmol Sharma
09:03 am Sunday, 26 July 2026
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How does CWG 2026 medal tally read after Day 2?
As many as 12 countries have bagged a total of 69 medals at Commonwealth Games (CWG) 2026 so far. Australia are on top of the medal standings with 12 gold medals. They are followed by England and Nigeria, who have bagged three gold medals each. India have bagged one bronze medal in the Games so far.
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News By: Anmol Sharma
09:26 am Sunday, 26 July 2026
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As many as 12 countries have bagged a total of 69 medals at Commonwealth Games (CWG) 2026 so far. Australia are on top of the medal standings with 12 gold medals. They are followed by England and Nigeria, who have bagged three gold medals each. India have bagged one bronze medal in the Games so far.
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News By: Anmol Sharma
09:26 am Sunday, 26 July 2026
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When is gold expected to hit ₹1 lakh per 10 grams?
Historically, gold prices in India have been below ₹1 lakh/10 grams until 2025, remaining under this threshold in every prior decade, Moneycontrol reported. However, gold prices currently are at ₹1,43,781/10 grams. "Honestly, most experts don't see gold crashing back to ₹1 lakh anytime soon," gold buying platform Augmont said, adding that gold may stay above ₹1.4-1.5 lakh/10 grams through 2026.
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News By: Ashley Paul
10:22 am Sunday, 26 July 2026
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Historically, gold prices in India have been below ₹1 lakh/10 grams until 2025, remaining under this threshold in every prior decade, Moneycontrol reported. However, gold prices currently are at ₹1,43,781/10 grams. "Honestly, most experts don't see gold crashing back to ₹1 lakh anytime soon," gold buying platform Augmont said, adding that gold may stay above ₹1.4-1.5 lakh/10 grams through 2026.
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News By: Ashley Paul
10:22 am Sunday, 26 July 2026
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Musk shares 'real' photo of world's largest rocket from space, people ask 'Who took the pic?'
Billionaire SpaceX CEO Elon Musk reacted to a picture of the world's largest rocket, Starship, as it was flying in orbit over the Earth during its recent test flight. "Real photo of Starship taken by Starlink satellites," Musk said, igniting "Who took the picture?" questions. Multiple X users questioned why a space-based internet satellite like Starlink had an on-board camera.
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News By: Ashley Paul
08:48 am Sunday, 26 July 2026
Sent on @inshortschannel Telegram
Billionaire SpaceX CEO Elon Musk reacted to a picture of the world's largest rocket, Starship, as it was flying in orbit over the Earth during its recent test flight. "Real photo of Starship taken by Starlink satellites," Musk said, igniting "Who took the picture?" questions. Multiple X users questioned why a space-based internet satellite like Starlink had an on-board camera.
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News By: Ashley Paul
08:48 am Sunday, 26 July 2026
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How much did gold & silver cost over last 1 month as their prices swung by up to ₹18,300?
Gold and silver prices remained relatively unchanged over the past month as they closed at ₹1,43,781/10 grams and ₹2,22,721/kg on Friday, nearing their levels on June 24 at ₹1,42,178/10 grams and ₹2,22,035/kg. However, silver saw more volatility as its price swung by ₹18,300, while gold's price see-sawed by nearly ₹6,500. Experts expect gold prices to remain near ₹1,40,000/kg through 2026.
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News By: Ashley Paul
01:08 pm Sunday, 26 July 2026
Sent on @inshortschannel Telegram
Gold and silver prices remained relatively unchanged over the past month as they closed at ₹1,43,781/10 grams and ₹2,22,721/kg on Friday, nearing their levels on June 24 at ₹1,42,178/10 grams and ₹2,22,035/kg. However, silver saw more volatility as its price swung by ₹18,300, while gold's price see-sawed by nearly ₹6,500. Experts expect gold prices to remain near ₹1,40,000/kg through 2026.
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News By: Ashley Paul
01:08 pm Sunday, 26 July 2026
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After CJP protest, 'Gaadi March' announced at India Gate against ethanol blending in fuel
After CJP's successful protest, Tehseen Poonawalla has announced a 'Gaadi March, Gandhi March' on July 31 against ethanol-blended petrol. The India Gate-Parliament Street rally will go around Union Ministers Nitin Gadkari and Hardeep Singh Puri's homes. Poonawalla's Team Bharat is demanding a cut in E0 prices, 20% discount on E20 and addressal of 'conflict of interest' allegations against Gadkari.
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News By: Ashley Paul
03:16 pm Sunday, 26 July 2026
Sent on @inshortschannel Telegram
After CJP's successful protest, Tehseen Poonawalla has announced a 'Gaadi March, Gandhi March' on July 31 against ethanol-blended petrol. The India Gate-Parliament Street rally will go around Union Ministers Nitin Gadkari and Hardeep Singh Puri's homes. Poonawalla's Team Bharat is demanding a cut in E0 prices, 20% discount on E20 and addressal of 'conflict of interest' allegations against Gadkari.
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News By: Ashley Paul
03:16 pm Sunday, 26 July 2026
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FM recalls I-T dept's project clearance issues, says 'Can this help you understand citizens?'
Finance Minister Nirmala Sitharaman recalled how Income Tax Department officials had to run "pillar to post" to get clearances from authorities for the 13-floor Aaykar Sindhu building in Mumbai. "Can this (experience) incentivise you to understand the position of a common citizen when he approaches you? Don't make them run from pillar to post...do the work for them," she said.
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News By: Medhaa Gupta
03:48 pm Sunday, 26 July 2026
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Finance Minister Nirmala Sitharaman recalled how Income Tax Department officials had to run "pillar to post" to get clearances from authorities for the 13-floor Aaykar Sindhu building in Mumbai. "Can this (experience) incentivise you to understand the position of a common citizen when he approaches you? Don't make them run from pillar to post...do the work for them," she said.
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News By: Medhaa Gupta
03:48 pm Sunday, 26 July 2026
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India reclaim no. 1 T20I ranking 15 days after 1,605-day reign ended
India reclaimed their number one position in ICC Men's T20I team rankings after defeating Zimbabwe by 90 runs in the second T20I in Harare. The victory gave India an unassailable 2-0 lead in the three-match series. India returned to the top just 15 days after England ended their 1,605-day reign.
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News By: Anmol Sharma
04:01 pm Sunday, 26 July 2026
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India reclaimed their number one position in ICC Men's T20I team rankings after defeating Zimbabwe by 90 runs in the second T20I in Harare. The victory gave India an unassailable 2-0 lead in the three-match series. India returned to the top just 15 days after England ended their 1,605-day reign.
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News By: Anmol Sharma
04:01 pm Sunday, 26 July 2026
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Weightlifter Rishikanta clinches silver by lifting 264 kg, wins India's 2nd medal at CWG 2026
Weightlifter Chanambam Rishikanta Singh won silver medal in the men's 60kg event at Commonwealth Games (CWG) 2026 in Glasgow on Sunday with a total lift of 264 kg. The Manipur lifter, competing at his first CWG, set a Games record of 121 kg in snatch before lifting 143 kg in clean and jerk. It's India's second medal at CWG 2026.
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News By: Anmol Sharma
04:25 pm Sunday, 26 July 2026
Sent on @inshortschannel Telegram
Weightlifter Chanambam Rishikanta Singh won silver medal in the men's 60kg event at Commonwealth Games (CWG) 2026 in Glasgow on Sunday with a total lift of 264 kg. The Manipur lifter, competing at his first CWG, set a Games record of 121 kg in snatch before lifting 143 kg in clean and jerk. It's India's second medal at CWG 2026.
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News By: Anmol Sharma
04:25 pm Sunday, 26 July 2026
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Kunal Shah-led WhatsApp overtakes his own firm CRED in UPI volume
WhatsApp overtook CRED in UPI transaction volume in June, with the former recording 15.048 crore transactions compared with the latter's 14.178 crore transactions, as per NPCI data. The data was released nearly a month after CRED Founder Kunal Shah left the fintech startup to join WhatsApp as CEO. In May, CRED had recorded 67.6 lakh more UPI transactions than WhatsApp.
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News By: Ashley Paul
04:40 pm Sunday, 26 July 2026
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WhatsApp overtook CRED in UPI transaction volume in June, with the former recording 15.048 crore transactions compared with the latter's 14.178 crore transactions, as per NPCI data. The data was released nearly a month after CRED Founder Kunal Shah left the fintech startup to join WhatsApp as CEO. In May, CRED had recorded 67.6 lakh more UPI transactions than WhatsApp.
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News By: Ashley Paul
04:40 pm Sunday, 26 July 2026
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Japan football legend Kazuyoshi Miura scores goal at 59
Japan football legend Kazuyoshi Miura, popularly known as King Kazu, scored his first competitive goal in nearly four years at the age of 59. Playing for Fukushima United, Miura found the net in the 52nd minute of their 7-0 Emperor’s Cup victory over Iwaki Furukawa. His previous competitive goal had come in November 2022.
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News By: Anmol Sharma
05:45 pm Sunday, 26 July 2026
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Japan football legend Kazuyoshi Miura, popularly known as King Kazu, scored his first competitive goal in nearly four years at the age of 59. Playing for Fukushima United, Miura found the net in the 52nd minute of their 7-0 Emperor’s Cup victory over Iwaki Furukawa. His previous competitive goal had come in November 2022.
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News By: Anmol Sharma
05:45 pm Sunday, 26 July 2026
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