Gold rate in Dubai remained largely steady on Tuesday, July 28, 2026, as investors assessed the outlook for global interest rates ahead of key central bank meetings this week. International bullion markets traded in a narrow range, with geopolitical tensions, inflation concerns and movements in the US dollar continuing to influence investor sentiment.
Gold rate in Dubai remained largely steady on Tuesday, July 28, 2026, as investors assessed the outlook for global interest rates ahead of key central bank meetings this week. International bullion markets traded in a narrow range, with geopolitical tensions, inflation concerns and movements in the US dollar continuing to influence investor sentiment.
With the migration of IIT graduates back in focus in Parliament, the Centre on Monday said pursuing higher education or employment abroad is a matter of individual choice rather than a reflection of systemic shortcomings.It added that decisions to move overseas are influenced by factors such as educational opportunities, affordability and career aspirations, while noting that many graduates return to India after gaining global exposure.GOVERNMENT RESPONDS TO BRAIN DRAIN CONCERNSThe issue was raised in the Lok Sabha by Trinamool Congress MP Mala Roy, who sought details on IIT campus placements over the past three years, the number of graduates who secured jobs but later moved abroad, and the reasons behind their migration.Responding on behalf of the Ministry of Education, Minister of State Sukanta Majumdar addressed all three queries together but did not furnish data on the number of IIT graduates who went overseas after securing campus placements.Instead, he said pursuing higher education or employment abroad is "a matter of individual will and choice", influenced by factors such as affordability, access to education loans, exposure to foreign societies, and aptitude for specific fields of study.IITs STRENGTHENING PLACEMENT ECOSYSTEMThe ministry said IITs have undertaken several initiatives to improve placement outcomes and enhance students' employability. These include academia-industry conclaves, business summits, leadership talks, internships, industry-readiness programmes, soft skills workshops, mock interviews, and career development initiatives.According to the government, IITs are also leveraging their extensive alumni networks to strengthen ties with leading global companies and create better employment opportunities for students.PLACEMENTS DEPEND ON MULTIPLE FACTORSThe Centre noted that campus placement figures are influenced by a range of factors beyond recruitment demand.
Tamil Nadu Chief Minister Vijay's recently released Jana Nayagan saw its first weekday slowdown on Monday after an exceptional opening weekend driven by Vijay's farewell buzz. The political action drama earned an estimated Rs 10.15 crore nett (gross minus taxes) in India on Day 5 across all languages, registering a 68 per cent drop from Sunday, but still took its worldwide gross past Rs 230 crore within five days of release.According to trade tracker Sacnilk, the film's total India nett collection now stands at Rs 134.90 crore, while its India gross has reached Rs 157.74 crore.
Gold and silver prices fell up to 1% in early deals on the MCX on Tuesday, 28 July, mirroring weak global cues. Precious metals witnessed profit-taking as the dollar index hovered near 101.5 ahead of the US Federal Reserve's monetary policy decision on 29 July.MCX gold August futures were 0.60% down at ₹1,42,200 per 10 grams, while MCX silver September contracts were 1.40% down at ₹2,18,076 per kg around 9:10 AM.In international markets, US gold prices traded lower as easing geopolitical tensions following the US and Iran's pause in retaliatory strikes reduced safe-haven demand.The focus is also on the US Federal Reserve policy decision on 29 July.
