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.
Category : Business
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.
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.
UK Homeownership vs India: Couple's Tale of Two Housing Markets
A young couple struggled to buy a flat in Bangalore despite dual incomes, but purchased a three-bed house in the UK within two years on a single salary, highlighting stark real estate contrasts.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
India Hikes Gold, Silver Import Duty to 15% to Curb Forex Outflow
India raised import duties on gold and silver to 15% from 6% to curb rising imports, conserve foreign exchange amid West Asia crisis. The move aims to reduce pressure on forex reserves and current account deficit.
Vodafone Idea Stock Surges 5% on Fundraising Plans
Vodafone Idea shares jumped 5% after the board announced plans to raise funds. The telecom firm aims to strengthen its financial position amid market challenges.
West Asia Crisis Not Impacting Inflation Yet: SBI Report
A recent SBI report indicates that the West Asia crisis has not yet affected inflation, but the pass-through of fuel prices will shape future inflation outlook.
Parag Milk Foods Launches Protein Drink with Tetra Pak
Parag Milk Foods has launched a new milk-based protein drink in collaboration with Tetra Pak, targeting health-conscious consumers. The drink offers high protein content and is packaged in sustainable cartons.
Lt Gen Dhillon Applauds NCC Spirit at Galgotias University
Lt Gen KJS Dhillon commended Galgotias University for discipline and energy, saying he leaves as a better person after interacting with NCC cadets.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Air India cuts 200 more weekly flights amid rising costs
Air India slashes around 200 weekly flights from June to August, including long-haul routes, to stem losses due to high jet fuel prices and rupee depreciation, following earlier cuts in May.
Stock Markets Pare Early Gains, Trade Lower
Indian stock markets erased early gains and traded lower on Tuesday, dragged by selling in IT, banking, and auto stocks amid global cues.
Rupee Recovers 16 Paise from All-Time Low to 95.52
The Indian rupee recovered 16 paise from its all-time low, trading at 95.52 against the US dollar in early trade on Monday, supported by positive domestic equities and a weak greenback.
7 Timeless Indian Design Elements Returning to Modern Homes
From carved wooden doors to stone flooring, traditional Indian architectural features are reappearing in contemporary homes, blending aesthetics with sustainability and cultural significance.
Gold Silver Prices May 13: City-Wise Rates
Gold and silver prices today in major Indian cities. Check MCX rates, import duty impact, and city-wise gold price in Kolkata, Delhi, Chennai, Mumbai.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Trade Assn Hosts Talk with GST, Income Tax Officials
A trade association in Ludhiana organized a session with GST and Income Tax officials to address tax-related queries and promote compliance among local businesses.
Import Duty Hike on Gold, Silver, Platinum to Curb Imports
The government increased import duties on gold, silver, and platinum to moderate non-essential imports and reduce pressure on the current account deficit.
Asian Markets Mixed as AI Stocks Slip, Oil Stays High
Asian markets traded mixed on Wednesday as fading AI stock momentum, elevated oil prices, and persistent inflation concerns kept investors cautious. Japan's Nikkei edged up, while Hong Kong's Hang Seng fell.
Kotak Warns India of West Asia Oil Shock Risks
Uday Kotak warns India to prepare for a West Asia oil shock, emphasizing reduced foreign capital dependence and building domestic long-term risk capital for economic self-reliance.
Uday Kotak Warns India of West Asia Oil Shock Risks
Finance veteran Uday Kotak warns India of potential oil shock from West Asia tensions, urging reduced foreign capital dependence and building domestic risk capital for economic self-reliance.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
India Hikes Gold, Silver Import Duty to 15%
India raises gold and silver import duty from 6% to 15% to curb imports and protect forex reserves amid global uncertainty. Experts warn of smuggling risks and demand impact.
Sensex Drops 119 Points, Nifty Flat on Geopolitical Tensions
Indian markets opened lower on Monday with Sensex dropping 119 points and Nifty flat amid renewed geopolitical tensions. Gold and silver prices gained as investors sought safe havens.
RBI Cancels Licence of Sarvodaya Co-operative Bank
The RBI cancelled the licence of Mumbai-based Sarvodaya Co-operative Bank due to financial irregularities, affecting depositors. The bank's operations ceased immediately.
RBI Cancels Sarvodaya Cooperative Bank Licence
The Reserve Bank of India has cancelled the licence of Sarvodaya Cooperative Bank, affecting customers who will receive insured deposits up to Rs 5 lakh under DICGC.
CME Group, Silicon Data Launch Compute Futures Market
CME Group and Silicon Data to launch first compute futures market, allowing trading of computing capacity like a commodity, later this year.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
India hikes gold, silver import duty to 15% to curb imports
The Indian government has increased the import duty on gold and silver from 12.5% to 15% to discourage non-essential imports and support the current account deficit.
Warren Blames Trump Policies for April CPI Rise
US Senator Elizabeth Warren criticized Trump's economic policies, saying they are shrinking families' paychecks, following the April CPI report showing persistent inflation.
Top Stock Picks for May 13: Narayana Hrudayalaya, Coal India, Hyundai
Mehul Kothari of Anand Rathi Shares recommends buying Narayana Hrudayalaya, Coal India, and Hyundai Motor India today. Check targets and stop losses.
UBS, HSBC, CLSA, Citigroup, Kotak issue ratings on Indian Hotels, Oberoi Realty, PVR, Nuvama, UPL
UBS has a buy on Indian Hotels with target Rs 900. HSBC rates Oberoi Realty buy at Rs 2,100. CLSA outperforms PVR at Rs 2,135. Citigroup buy on Nuvama at Rs 2,050. Kotak reduces UPL at Rs 650.
Gold, Silver Rate Today: Import Duty Hiked to 15%
Gold and silver prices are in focus as India raises import duty from 6% to 15%. The move aims to curb imports, support the depreciating rupee, and reduce trade deficit. Track live updates and expert views.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
MSME contractors protest Jal Jeevan Mission payment delays
Hundreds of MSME contractors in Vijayawada intensified protests against Andhra Pradesh government over pending Jal Jeevan Mission payments worth crores, alleging discrimination in fund release.
Page 235 of 1423
