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The Latest Breaking News from India

India set to scale back Russian oil imports if US waiver lapses

Iran war oil impact: Amidst the ongoing geopolitical turmoil, Indian oil refiners face a critical moment as the expiration of a US waiver looms this weekend. With the war affecting supplies from the Persian Gulf, India has lately seen a surge in Russian oil imports.

The Economic Times

Silver rate today: Silver prices surge across IBJA, MCX, MMTC-PAMP after import duty on white metal increased

Silver prices saw a significant jump on May 13, 2026. This surge followed the government's decision to increase customs duty on silver imports. Global geopolitical tensions and inflation worries also contributed to the price rise. Experts predict higher domestic prices and potential impact on consumer demand. The duty hike aims…

The Economic Times

India lacks adequate scrap supply, only 25% steel demand can be met through scrap-based production: Former Steel Secy

India's steel sector grapples with limited scrap for green production. Only 25 percent of steel demand is met by scrap-based manufacturing. Deteriorating iron ore quality further complicates efforts. The nation is exploring green steel through pilot projects and government missions. A Carbon Credit Trading System is expected to drive emission…

The Economic Times

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India, Iran hold talks on "bilateral and regional issues"

India hosts the BRICS Foreign Ministers' Meeting soon. Iran's Foreign Minister Seyed Abbas Araghchi will attend. This follows a meeting between Iran's Deputy Foreign Minister Kazem Gharibabadi and MEA Secretary Sibi George. Discussions covered bilateral and regional matters. Iran seeks enhanced BRICS cooperation amid West Asia turmoil. India leads BRICS…

The Economic Times

Adani Group is jumping into Europe's deep waters. What can happen

Adani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Through a new partnership with Oceaneering International and its Astro Offshore arm, the company aims to become a global maritime infrastructure and offshore-services platform, focusing on deepwater engineering and underwater infrastructure…

The Economic Times

WazirX launches crypto Futures with lowest trading fees and no volume threshold

WazirX has launched crypto Futures trading for Indian traders, offering the lowest maker and taker fees in the market without volume thresholds. This move aims to democratize derivatives trading by allowing direct INR access and prioritizing user education on responsible practices. The initiative also supports WazirX's ongoing restructuring efforts by…

The Economic Times

Indian regulators oppose Pernod Ricard's liquor plea, firm says business 'hopelessly fettered'

Indian regulators are opposing Pernod Ricard's latest court attempt to regain its Delhi liquor license. The French company's license was rejected due to serious allegations of collusion with retailers to boost market share. Pernod denies wrongdoing, but the ban has impacted its business for three years. The Delhi government cites…

The Economic Times

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RODIM unveils ‘perfect finish’ as India’s first authorised brand store

The store will also serve as a training center for installers. RODIM plans a nationwide rollout of these branded experience stores, focusing on customer experience and quality installation.

The Economic Times

Fuel price hike may become inevitable amid rising crude stress: MK Surana

India's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global market. Industry veteran MK Surana warns of intensifying financial stress, suggesting a potential retail fuel price hike may become inevitable to manage the growing burden on fuel retailers.

The Economic Times

Why New Zealand is emerging strongly in India’s study abroad reset

The India-New Zealand FTA signals a significant shift in international student mobility, with New Zealand emerging as a primary choice for Indian students. This change is driven by policy stability, clear post-study work pathways, and a more sophisticated cost-benefit analysis, moving beyond traditional destination preferences.

The Economic Times

Bayer strengthens its phygital connect with Indian farmers as FarmRise app reaches 5 million users

The initiative also includes digital marketplaces, satellite-based insights for risk protection, and AI-powered advisory, aiming to enhance farmer decision-making and sustainability.

The Economic Times

5 Safest Cars Under ₹10 Lakh Nobody Talks About

Buying a car in India is no longer just about mileage and features. Today, one question matters more than ever how safe is your car when things go wrong? For years, many buyers believed strong build quality only came with expensive SUVs and luxury brands. But that belief is now…

MyLifeXP

DRI, Customs officers to intensify vigil on gold smuggling post import duty hike

Revenue intelligence and customs officials are preparing to tighten surveillance across airports, seaports and land borders after India raised import duty on gold and silver to 15%. Authorities plan to increase monitoring of smuggling routes, carrier networks and foreign syndicates to prevent a revival in illegal gold trade following the…

The Economic Times

India rolls out new gold math with import duty hike. Who will foot the bill?

India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange reserves amid rising risks from the Middle East conflict. The move follows Prime Minister Narendra Modi’s appeal to avoid unnecessary gold purchases and foreign travel.

The Economic Times

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MarketBeat

Nu Skin Enterprises Q1 Earnings Call Highlights

Nu Skin Enterprises (NYSE:NUS) reported first-quarter 2026 results that management said were in line with expectations, as the company continued to invest in its Prysm iO wellness platform and emerging-market expansion while navigating macroeconomic pressures on consumers and supply chains. Preside

The Independent UK

Indian state leader removes personal astrologer from key government role after backlash

Rationalist critics and opposition leaders had argued that such an appointment would promote superstition over scientific thinking

The Economic Times

Rupee hits all-time low of 95.74 vs USD as outflows, oil risks weigh on outlook

The Indian rupee hit a new all-time low on Wednesday, falling 0.1% to 95.7450 per dollar. This decline was driven by consistent overseas debt repayments and importer hedging, overshadowing any relief from increased duties on precious metal imports. The ongoing U.S.

The Economic Times

Uber teams up with Adani for first data center in India

Uber CEO Dara Khosrowshahi announced a partnership with Adani Group to establish Uber's first data center in India. This facility, set to be operational later this year, will enable Uber to test and deploy technology, supporting its growth as a global innovation hub for the company.

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The Economic Times

Enterprise software company Zoho invests Rs 70 crore in ONDC

Zoho Corporation has invested Rs 70 crore in ONDC to bolster India's sovereign technology and empower MSMEs. This move aims to make digital commerce more accessible, enabling small businesses to expand their reach and achieve growth. ONDC, backed by various financial institutions and government bodies, facilitated 218 million transactions in…

The Economic Times

Gold imports from Dubai may rise after duty hike: GTRI

India's recent hike in import duties on gold and silver opens the door for enhanced trade relations with Dubai. Thanks to the India-UAE trade agreement, gold coming from Dubai will incur a more favorable 14 percent duty, a welcome change from the anticipated 15 percent. This scenario creates an exciting…

The Economic Times

Jewellery stocks take Rs 60,000 crore hit in 3 days on govt's double-blow. Is the worst behind?

Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged households to defer gold purchases and the government hiked import duties. The double blow has rattled sentiment, though analysts see no structural threat to India’s long-term gold…

The Economic Times

Pakistan inducts new Chinese submarine, puts focus on India’s undersea strength and pace

Pakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, boosting its AIP-equipped fleet to four. This marks the first of eight vessels China will deliver by 2028, enhancing Pakistan's underwater endurance. This development comes as India faces delays in its P-75I submarine program and plans for its own AIP capabilities.

The Economic Times

Gold import duty hike triggers buying rush and volume concerns, says Senco Gold MD

India's gold jewellery market is adjusting to a new reality. An import duty hike is causing consumers to rush purchases. Industry experts predict a drop in sales volumes. Consumers are expected to opt for lighter, lower-value jewellery. This shift could also benefit retailers through higher margins on lower karatage items.…

The Economic Times

'Husbands support PM's no-gold buy appeal for a year' Memefest erupts over social media, check hilarious posts on 'gold rush'

Prime Minister Modi's call to reduce gold buying has sparked widespread online humor, with husbands across India celebrating the appeal. Social media is flooded with memes and jokes, portraying this as a long-awaited government endorsement for delaying expensive jewelry purchases and prioritizing savings.

The Economic Times

'Rich Dad Poor Dad' Robert Kiyosaki warns global economy is about to crash in 2026, but says it will be a good news for those...

Robert Kiyosaki's latest warning: As India sharply raises import duty on gold and silver to 15%, precious metal prices are surging — and now Robert Kiyosaki’s latest warning about an economic crash is going viral online. The Rich Dad Poor Dad author says silver remains one of his best investments…

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