Markets end in red, Gold soars to all-time high and more

On Market Closing, Indian indices Sensex and Nifty slipped into the red after seeing early gains. In contrast, gold glittered, hitting a fresh all-time high of Rs 1.06 lakh per 10 grams on the MCX, marking a 35 percent year-to-date return. The programme covers Prime Minister Narendra Modi's address at Semicon India 2025, where he highlighted India's Q1 GDP growth of 7.8 percent and the presentation of the first made-in-India semiconductor chip. The Prime Minister stated, "The world trusts India, the world believes in India, and the world is ready to build the semiconductor future with India." Other significant news points include the government's proposal for GST 2.0 aimed at simplifying tax slabs, states' concerns about potential revenue loss, and reports on Tesla's slow sales start in India with just 600 orders since its mid-July launch.