Mumbai: Qatar Museums and the Nita Mukesh Ambani Cultural Centre (NMACC) have entered into a five-year strategic agreement aimed at developing Museum-in-Residence educational initiatives in India and Qatar, with a focus on children’s cultural learning.

According to a report published by Hindustan Times on Tuesday, the partnership seeks to introduce Qatar Museums’ innovative museum-based learning models into schools and cultural institutions in India through the NMACC, while also fostering cross-cultural educational exchange between the two countries.

The agreement was signed by Her Excellency Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani, Chairperson of Qatar Museums, and Isha Ambani, Director at Reliance Industries and a key leader at NMACC.

“Qatar Museums and NMACC, share the belief that creativity and cultural exchange are key to shaping a new generation of confident, empathetic young learners. Through this collaboration, led by Ms. Isha Ambani, a legacy of our Year of Culture with India, Qatar Museums will contribute its skills and experiences to the outstanding educational programmes of NMACC’s already robust history and ever-expanding roster providing educational tools and insights, helping them extend their reach in classrooms throughout India.” HT quoted the chairperson of Qatar Museums as saying.

In India, NMACC will work alongside Reliance Foundation to roll out the programmes across multiple regions. The initiative will be guided by QM specialists including experts from the Dadu, Children’s Museum of Qatar who will deliver masterclasses and hands-on mentoring.

Isha Ambani reportedly said, the partnership reflects NMACC’s commitment to bringing global ideas to India while sharing the country’s rich cultural heritage internationally. Emphasising the shared philosophy of both institutions, she said the collaboration aims to create world-class educational experiences that empower children to learn confidently and dream boldly.

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New Delhi (PTI): Gold prices stayed in ascending order for the second straight day, climbing Rs 2,650 to a fresh peak of Rs 1,40,850 per 10 grams in the national capital on Tuesday, tracking robust trends in the global markets, according to the All India Sarafa Association.

The precious metal of 99.9 per cent purity closed at Rs 1,38,200 per 10 grams on Monday.

So far this year, gold prices in the domestic market have jumped by Rs 61,900, or 78.40 per cent, from Rs 78,950 per 10 grams recorded on December 31, 2024.

Silver also rallied for the second consecutive day, surging Rs 2,750 to touch a record of Rs 2,17,250 per kilogram (inclusive of all taxes). In the previous session, the white metal settled at Rs 2,14,500 per kg after registering a sharp rise of Rs 10,400 per kg.

"An unprecedented rally continues in bullion, with spot gold nearing another milestone at the USD 4,500 mark.

"The latest round of rallies is driven by expectations that the Federal Reserve will deliver more than one rate cut in 2026, alongside rising geopolitical tensions that are strengthening the safe-haven appeal of gold and silver," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

During the calendar year, silver prices have added Rs 1,27,550, or 142.2 per cent, from Rs 89,700 per kilogram recorded on December 31, 2024.

On Tuesday, spot gold increased by USD 54.3, or 1.22 per cent, to hit a record of USD 4,498 per ounce in the international markets.

"Gold has extended its sharp rally to almost USD 4,500 per ounce on geopolitical jitters and weaker dollar as markets expect the Federal Reserve to cut rates more than two times next year," Praveen Singh, Research Analyst, Mirae Asset ShareKhan, said.

During the calendar year, spot gold prices have surged by USD 1,892.23, or 72.62 per cent, from USD 2,605.77 per ounce, recorded on December 31, 2024.

Meanwhile, spot silver rose 1.4 per cent to breach the USD 70-per-ounce mark for the first time in the overseas trade. So far this year, silver prices have soared by USD 41.03, or 141.62 per cent, from USD 28.97 per ounce, recorded on December 31, 2024.

"Investors will now turn their attention towards the second estimate of third-quarter US GDP data, which is due later in the day and might provide clues into the health of the US economy and the future course of Federal Reserve's monetary policy outlook," Renisha Chainani, Head - Research at Augmont, said.