Precious metals are expected to remain under pressure due to geopolitical uncertainty in the Middle East, upcoming inflation data, and economic indicators influencing global interest rates. The US-Iran conflict, rising oil prices, and a stronger dollar are key factors.
Benchmark Indian equity indices, BSE Sensex and NSE Nifty, rebounded on Wednesday after two consecutive sessions of losses. The recovery was driven by positive global market trends and a decline in crude oil prices. Key companies like Eternal, Adani Enterprises, and Nestle India were among the top gainers.
KNDS revealed the Capint, a hybrid tank combining a German Leopard 2 hull with a French unmanned turret, at Eurosatory 2026. It aims to replace French Leclerc tanks and serve as a foundation for future AI-integrated combat systems, reflecting a global trend in armoured warfare.
Gold prices in India saw a minor decrease on June 17, 2026, influenced by global bullion rates. Major jewelers reported lower prices for 22k gold compared to the previous day. Experts suggest gold may target $4,500–$4,550 amid easing US-Iran tensions and Fed rate hike expectations.
An expert believes the Russia-China partnership is shaping global trends and contributing to a multipolar world order. The partnership is seen as strategic coordination for a new world order, with BRICS+ emerging as a key geopolitical architecture.
India's indigenous glide weapon system, TARA, achieved a successful maiden flight, transforming unguided bombs into precision-guided munitions. Developed by DRDO and tested from an IAF Jaguar, TARA offers enhanced accuracy and stand-off capability at low cost. This development aligns with global trends, boosting India's affordable precision strike power and airpower.
