Business
India's 15% Gold Duty Boost: 23 bps CAD Relief Ahead
In a strategic bid to safeguard its external balances, the Indian government has hiked gold import duties (including cess) to 15% from 6%, potentially trimming the current account deficit by up to 23...
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Sugar Export Ban Till 2026: Rajasthan Traders Welcome Move
The Centre's decision to prohibit sugar exports effective immediately until September 30, 2026, aims to flood the domestic market with supply and tame inflation. Sugar merchants from Sri Ganganagar...
Fuel Price Rise of Rs 3/Litre Deemed Responsible: CAT
In a strong show of support, the All India Traders Confederation (CAT) on Friday hailed the government's Rs 3 per litre petrol and diesel price hike as a thoughtful and accountable action. The move...
Income Tax Dept Launches AY 2026-27 ITR Utilities: File Now
In a timely announcement, the Income Tax Department on Friday unveiled Excel utilities for ITR-1 and ITR-4 on the e-filing portal, marking the commencement of return filing for Assessment Year...
Strong Dollar Crushes Gold Silver Prices to 11,700 Low
Precious metals faced a brutal sell-off in Mumbai on Friday, driven by a surging dollar that sent gold and silver prices crashing as much as 11,700 rupees. The MCX floor buzzed with activity as...
Sensex Nifty Flat Start: IT Auto Shine, Midcaps Slip
Indian equities began the day cautiously amid choppy international signals, with major indices hovering near the flatline early Friday. By 9:18 AM, Sensex had edged up 86 points (0.12%) to 75,490,...
Cotton Crisis: Tamil Nadu CM Seeks PM's Help on Import Tax
In a stark warning to New Delhi, Tamil Nadu's Chief Minister C. Joseph Vijay penned a letter to PM Narendra Modi on Thursday, demanding the instant abolition of 11% cotton import duty. The move is...
Chandrababu Naidu Targets ₹1.27 Lakh Cr Own Revenue for AP
Chief Minister N. Chandrababu Naidu is steering Andhra Pradesh toward fiscal self-reliance with a staggering ₹1.27 lakh crore own revenue goal for 2026-27. During Thursday's marathon review of key...
Modi's Multi-Nation Tour Strengthens India-UAE-Europe Trade
Prime Minister Narendra Modi's upcoming itinerary spanning the UAE, Netherlands, Sweden, Norway, and Italy has been praised by the Federation of Indian Export Organisations (FIEO) as a masterstroke...