Gold investment demand returns, but rising dollar is a major hurdle

Crude oil prices slipped nearly 3 percent as the Saudi Arabian energy minister said it will keep the market well supplied. Moreover, the Saudi Arabian OPEC governor said on October 25, the oil market could be over-supplied in the fourth quarter. During the week gone by, such statements kept the sentiment in oil market bearish. Next week, the US will release its non-farm payrolls and core PCE price index. It would be interesting to see which direction the yellow metal is pulled. The latest plunge in equity prices and the spike…

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‘High level of allergy’ leads to rise in demand for yoga accessories from abroad

The demand for yoga equipment and accessories in foreign countries, including Australia and Canada, has been growing for the past few years, an expert has said here. The yoga products are being sought after by the people in foreign countries due to the “high level of allergy”, he said. “There has been a huge demand for neti patra, a traditional pot used in cleansing the nasal passage, and other yoga accessories in foreign countries. The demand has been growing since the last few years,” Ramchandara Surve, general secretary of Sri…

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NIT Srinagar Row: Outstation Students’ Demand For Shifting Institute Rejected

Police and CRPF deployed at the National Institute of Technology following tension between local and non-local students in Srinagar on Friday. (PTI Photo) SRINAGAR:  Education Ministry officials have rejected the demand of outstation students of NIT Srinagar for shifting the institute out of Kashmir but assured them of addressing their “genuine” issues. A group of outstation students of the NIT met Deputy Chief Minister Nirmal Singh and Education Minister Naeem Akhtar along with officials of Union Human Resource Development ministry last night to discuss the situation at the institute. “The…

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Apple Encryption Fight Could Escalate With Demand for ‘Source Code’

The latest filing in the legal war between the planet’s most powerful government and its most valuable company gave one indication of how the high-stakes confrontation could escalate even further. In what observers of the case called a carefully calibrated threat, the US Justice Department last week suggested that it would be willing to demand that Apple turn over the “source code” that underlies its products as well as the so-called “signing key” that validates software as coming from Apple. Together, those two things would give the government the power…

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