Gold demand drops 70% after sharp duty hike in India
Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13..
RBI warns West Asia war may hurt India growth outlook
The central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail India's otherwise positive growth trajectory..
Gold demand drops 70% after sharp duty hike in India
Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13..
RBI warns West Asia war may hurt India growth outlook
The central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail India's otherwise positive growth trajectory..
Bank holiday today, May 30: Are SBI, HDFC Bank, and other banks closed on Saturday?
All banks in India are open on May 30, 2026, as it is the fifth Saturday. Banks follow the RBI's holiday schedule, closed on the second and fourth Saturdays and Sundays. Online banking remains available on holidays, allowing customers to conduct various trans….
Buying gold? Here’s why checking the HUID code is crucial even in hallmarked jewellery
Gold jewellery buyers should check the hallmark and HUID code for authenticity and purity. Here's the step-by-step process on how do it and the compensation that can you receive if your jewellery item fails to pass the purity test..
India anticipates below-average monsoon rains this year, with precipitation expected to be less than 90% of the long-period average. This forecast raises concerns for agricultural output, particularly for pulses and oilseeds. The situation could affect farmer….
SC refuses fresh probe into Vantara animal transfers
India News: NEW DELHI: Supreme Court has turned down plea for fresh investigation into the international acquisition and transfer of animals to Vantara (Greens Zo..
HC ruling on Google keyword ads likely to reshape e-advertising
A Delhi High Court ruling has stopped Google from auctioning trademarked names as ad keywords. This decision impacts how companies advertise online. Established brands are set to benefit. Smaller companies may face challenges in gaining visibility. The ruling….
Gold demand drops 70% after sharp duty hike in India
Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13..
India eyes fiscal support for domestic EV battery supply chain
India is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric vehicle batteries. Discussions are ongoing for tax support and outcome-linked programs. The government is focused on deve….
India is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects. This initiative involves an outlay of around ₹15,000 crore. The plan includes battery storage, pumped storage, and new….
EV sales in fast lane but Motown treads the middle path
Indian carmakers are not betting on electric vehicles alone. They are developing a mix of petrol, diesel, hybrid, CNG, and flex-fuel options. This strategy balances growth with risks. Automakers are preparing for various scenarios due to evolving regulations ….