Gold, Silver Imports from Dubai May Rise After Duty Hike
India's gold imports from Dubai may increase following a duty hike, as the TRQ system previously offered lower tariffs. GTRI suggests potential rise in precious metal imports.
Category : Business
Warren Buffett's Modest Omaha Home: A Symbol of Simple Living
Warren Buffett, one of the world's richest, still lives in the same Omaha home he bought for $31,500 in 1958, reflecting his frugal lifestyle and long-term value philosophy.
PwC India Asks Staff to Cut Travel After PM's Austerity Call
PwC India has asked its 35,000 employees to review all travel plans and undertake trips only when necessary, aligning with PM Modi's call for fiscal prudence amid global economic uncertainties.
Jewellery Stocks Fall 11% on Gold Import Duty Hike to 15%
Shares of jewellery companies dropped up to 11% after the government raised import duty on gold and silver to 15%, impacting margins and consumer demand.
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Govt Launches IP Catalyst Platform for Patent Conversion
The Indian government has launched the IP Catalyst platform to help innovators convert patents into commercial products, bridging the gap between research and market.
Nivasa Finance Raises $3 Million for Secured Credit Gap
Nivasa Finance secures $3 million in funding to expand secured lending in India, targeting underserved borrowers and narrowing the credit gap.
SEBI Eyes Specialized Distributors to Boost Retail Bond Market
SEBI whole-time member Amarjeet Singh said the regulator is exploring specialized distributors to increase retail participation in the bond market, aiming for broader investor access.
India's Scrap Supply Only Meets 25% of Steel Demand
Former Steel Secretary highlights India's inadequate scrap supply, with only 25% of steel demand met through scrap-based production, urging policy interventions.
Rupee hits fresh all-time low at 95.7450 per dollar
The rupee weakened to a new record low of 95.7450 per dollar on Wednesday, driven by rising oil prices, overseas debt repayments, and importer hedging demand.
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Uber to Set Up First India Data Centre with Adani Group
Uber partners with Adani Group to establish its first data centre in India, aiming to boost tech infrastructure in one of its fastest-growing markets.
RBI Likely to Pay Record Dividend to Govt This Year
The Reserve Bank of India is expected to pay a record dividend to the government this fiscal year, boosting revenue and aiding fiscal consolidation.
Gold Prices Surge After Import Duty Hike: City-Wise Rates
Gold prices jumped sharply after the government increased import duty on the yellow metal. Check city-wise gold rates per 10 grams across major Indian cities.
Gold Duty Hike to Hurt Trade, Inflate Prices: Gems Bodies
Gems and jewellery bodies warn that the gold import duty hike will not curb imports but will inflate prices and hurt the trade, urging government dialogue.
India's Veg Oil Imports Up 13% in H1 2025-26 on Palm Oil
India's vegetable oil imports increased by 13% in the first half of 2025-26 to 7.96 million tonnes, driven by a surge in palm oil purchases. The country remains the world's largest cooking oil consumer.
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Maruti Suzuki dispatches 3 million vehicles via railways
Maruti Suzuki India has dispatched over three million vehicles via railways, with rail share rising to 26.5% in FY2025-26 from 5% in FY2014-15. Investments of Rs 1,372 crore in green logistics aim for 35% rail dispatch share by FY2030-31.
India's Nuclear Push Faces Execution Bottleneck Despite 100 GW Interest
India's ambitious nuclear energy expansion to 100 GW attracts investment interest, but faces execution bottlenecks due to regulatory hurdles and land acquisition issues.
Maruti Suzuki Crosses 3 Mn Vehicle Dispatches by Rail
Maruti Suzuki India has achieved a milestone of 3 million vehicle dispatches via rail, reinforcing its commitment to green logistics. The company aims to reduce carbon emissions and optimize supply chain efficiency.
Casagrand Launches Highcity on Chennai ORR
Casagrand launches Casagrand Highcity, its largest project spanning 41 acres on Chennai's Outer Ring Road with over 4,000 homes, 5-acre sports club, and 163 amenities.
AP Transco to expedite Rs 5,000 crore transmission projects
Special Chief Secretary K. Vijayanand directed AP Transco to expedite 68 transmission projects worth Rs 5,000 crore to strengthen the power network and meet future energy needs.
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India's Forex Reserves Robust Enough to Defend Rupee
India's foreign exchange reserves are robust enough to defend the rupee amid the Middle East crisis and foreign capital outflows, economists say, with reserves stronger than during the 2013 taper tantrum.
Gold Import Duty Hikes to 15%: What Buyers Need to Know
India raises gold import duty to 15%, impacting jewellery prices. Weddings and festive shopping may cost more. Experts explain the effect on buyers.
S Korea President Rejects Fake News Over AI Dividend Remarks
South Korea's President Lee dismissed as fake news claims that his policy aide discussed AI dividends, reaffirming the government's stance on AI regulation and economic policy.
S&P: India Handling Global Headwinds Effectively
S&P Global Ratings states India is managing global financial headwinds better than headline figures suggest, with foreign capital outflow concerns potentially overstated.
Noida Airport Fees: UDF Capped at Rs 490 for Domestic Flyers
The Uttar Pradesh government has capped the User Development Fee (UDF) at Rs 490 for domestic passengers at Noida International Airport. Parking fees range from Rs 150 to Rs 500 for two-wheelers and cars.
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India's PV sales to hit record 5.9 mn units in FY27
India's passenger vehicle sales expected to reach record 5.9 million units in FY27, growing 5-7% on GST cut and strong utility vehicle demand, says CRISIL Ratings.
Gold price prediction today: Import duty hike sparks rally
Gold and silver prices surged after India raised import duties. Analysts expect domestic prices to align with global trends. Key support and resistance levels for gold and silver.
SBI: West Asia Conflict Impact on India Inflation Limited
The SBI report says the West Asia conflict hasn't majorly impacted India's retail inflation yet, but future trends depend on fuel costs, crop coverage, and global supply conditions.
India Hikes Gold Import Duty to 15% to Curb Imports
India raised gold import tariffs to 15% from 6% to curb rising imports and foreign exchange outgo amid geopolitical tensions and a widening trade deficit.
Bhatia Mobiles Expands in Western India, Redefining Smartphone Retail
Bhatia Mobiles, a Surat-based retailer, is expanding across Western India with a strategy focused on trust, competitive pricing, and customer experience, reshaping how Indians buy smartphones.
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500+ Leaders from 50+ Nations at WTCA Forum
Over 500 leaders from more than 50 countries attended the 56th annual World Trade Centers Association Global Business Forum in Philadelphia, focusing on global trade and economic growth.
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