Business

Gold custom duties hiked: Gold duty hike may raise domestic prices, divert supplies to grey markets: SBI report

Gold import duty has been raised to 15%, a move expected to increase domestic prices and alter trade patterns. SBI…

4 months ago

Why is stock market up today? Sensex rises over 1,000 points; Nifty50 above 23,700 – top reasons for rally

Despite the bullish undertone in equities, several risk factors continue to keep investors on edge. The rupee touched a fresh…

4 months ago

Arresting rupee’s fall: India eyes cut in taxes on bond investments by foreigners – here’s how it may help

The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry,…

4 months ago

India’s wholesale inflation jumps to 8.3% in April as fuel, crude oil prices surge

India's wholesale inflation surged to 8.30% in April 2026, a significant jump from March's 3.88%. This spike is primarily attributed…

4 months ago

Significant decline! How much have India’s forex reserves fallen since US-Iran war? Asian economies biggest losers

The erosion in reserves reflects not only intervention by policymakers to support domestic currencies, but also valuation losses in non-dollar…

4 months ago

Strait of Hormuz crisis a wake up call! India eyes Rs 40,000 crore subsea pipeline for uninterrupted gas supplies from Gulf

The proposed Middle East-India Deep-water Pipeline (MEIDP) is planned as a 2,000-kilometre underwater network running beneath the Arabian Sea and…

4 months ago

Why gold, silver duty hike to 15% is unlikely to hit demand for precious metals – explained

The move to up the gold import duty comes days after PM Narendra Modi appeals to citizens to avoid unnecessary…

4 months ago

India asks US for waiver on Russian oil as Iran war squeezes energy supply: Report

India has requested the US to extend its waiver on Russian oil imports due to ongoing disruptions in the Strait…

4 months ago

Gold, silver price prediction: After duty hike to 15%, will gold head to Rs 1.70 lakh/10 grams & silver hit Rs 3.4 lakh/kg? Check outlook

Gold and silver price prediction today: According to Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group, both…

4 months ago

Rupee inches towards 96: Currency touches record low at 95.85 against US dollar

The Indian Rupee hit a fresh all-time low against the US dollar, slumping to 95.74 amid soaring crude oil prices…

4 months ago