1. The dollar’s weakness and fears of increased geopolitical risks because of the US-China tariff war are behind gold soaring to new highs. On Friday, spot gold surged to a record high of $3,243 an ounce, before easing towards $3,230.

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2. Leading private weather forecaster Skymet expects the country to have a normal monsoon during the upcoming season (June to September 2025) at 103 per cent of the long-period average (LPA), with an error margin of +/-5 per cent. The LPA is 868.6 mm for the four months, with the spread of ‘normal’ being quantified at 96-104% of the LPA.

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3. Though facilitation of maize and soyabean imports from the US is among the major demands before India as both countries have started negotiations for a bilateral trade agreement, any concession may have to wait until the government takes a policy decision with regard to allowing import of genetically modified (GM) crops.

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4. Hurricane names Beryl, Helene and Milton have been from its Atlantic basin name list and John from the eastern Pacific basin name list because of death and destruction caused by them in 2024.

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5. As part of its it plans to promote domestic consumption of turmeric. The Turmeric Board is planning to introduce turmeric-added milk, branded as Golden Milk, on board trains and flights.

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Published on April 13, 2025

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