Global markets faced high volatility on Thursday as multiple asset classes saw their value dip intraday. While US' Nasdaq saw its value dip by over 2.6%, Germany's DAX index fell 2.07%, and Spain's IBEX 35 fell 1.54% from its intraday high. Meanwhile, gold and silver prices fell 8% and over 12%, respectively, as bitcoin dipped 7%, or ₹5.76 lakh.

Global markets tumble as US & European stocks, gold, silver & crypto prices fall

US President Donald Trump has announced that Russian President Vladimir Putin has agreed to a week-long pause in fighting in the Ukraine war. Trump said, "Because of extreme cold, I personally asked President Putin not to fire on Kyiv, and cities...for a week." "He agreed to do that...Ukrainians were very happy about it, because they are struggling badly," he added.

Putin to pause attacks on Ukraine for a week, announces Trump

RCB defeated UPW by eight wickets in Vadodara on Thursday to book a place in Women's Premier League (WPL) 2026 final. RCB, who topped table in league stage with 12 points, have reached WPL final for the second time. They will face winners of the eliminator in the final on February 5.


RCB reach their 2nd WPL final  

The spot prices of gold in the international market fell over 8% in under 60 minutes on Thursday, reportedly wiping out over $3 trillion (₹276,07,965 crore) from the precious metal's combined market value. Gold's value dipped from $5,522.66/ounce (₹5.08 lakh) at 8:14pm (IST) to $5,108.09/ounce (₹4.69 lakh) an hour later. Gold was trading at $5,195.07 (₹4.77 lakh) at 9:20 pm.

Gold price drops 8% in under 60 minutes, wipes out ₹276,07,965 crore

Scientists have used a triple-drug combination therapy to eradicate pancreatic cancer tumours in mice with minimal side effects, according to a study in the journal PNAS. The treatment targets multiple cancer pathways, leading to complete tumour regression and no significant toxicity in animal models. Scientists said that they are confident that the finding will set the course for future trials.

Scientists cure pancreatic cancer in mice with minimal side effects

CEA Anantha Nageswaran responded to Indian rupee hitting historic lows after breaching the 92 mark against US dollar for the first time. "The fact that rupee isn't reflecting macro fundamentals and sustained growth rate will definitely catch investor attention, which is when tide will turn," Nageswaran said. Rupee's performance isn't "out of line" with other emerging markets' currencies, he added.

Govt responds as Indian rupee hits historic low

Economic Survey 2026 predicted that there's a 10-20% chance of a systemic shock cascade causing a repeat of 2008 financial crisis in 2026. In its prediction, it said financial, technological and geopolitical stresses will promote one another. It flagged recent large-scale investments in AI infrastructure, a correction in which could tighten financial conditions and spill over into capital markets.

There's 10-20% chance of 2008 financial crisis happening again in 2026: Govt

The Supreme Court has put on hold the new UGC rules, which were widely criticised by general category students. The court said prima facie the regulations seem "vague" and are capable of being misused. "Whatever we have gained in terms of achieving a casteless society, are we now becoming regressive?" CJI Surya Kant asked Solicitor General Tushar Mehta.

New UGC rules put on hold by SC amid criticism by general category students

The last rites of Maharashtra Deputy CM Ajit Pawar were performed with full state honours in Baramati, and his mortal remains were wrapped in a Tricolour. His sons Parth and Jay performed the last rites. Union Ministers Amit Shah, Nitin Gadkari and Maharashtra CM Devendra Fadnavis were among those who attended. Ajit Pawar died in a plane crash. 


Ajit Pawar's last rites performed with full state honours

Investigators have recovered the black box of the Learjet 45 aircraft, which crashed on Wednesday morning killing Maharashtra Deputy Chief Minister Ajit Pawar and others on board. The black box, which comprises the Flight Data Recorder and Cockpit Voice Recorder, will now be analysed to determine the cause of the crash. 


