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The Latest Breaking News from India

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

'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…

The Economic Times

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'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

The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?

India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflows and stabilise the rupee, experts warn it may simply push more demand into the grey market, with limited impact on India’s structural gold appetite.

The Economic Times

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility due to rising energy import costs and inflation risks. The government has already reduced duties and state refiners are absorbing losses. Prime Minister Modi urged citizens to conserve fuel. Oil…

The Economic Times

Jaishankar meets Chilean FM Mackenna; discusses trade diversification, multilateral cooperation

India and Chile are boosting economic ties. External Affairs Minister S Jaishankar met his Chilean counterpart to enhance cooperation. Discussions focused on diversifying markets and promoting exports. Commerce Minister Piyush Goyal also reviewed progress on a Comprehensive Economic Partnership Agreement. This pact aims to expand trade and investment between the…

The Economic Times

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India's vegetable oil imports jump 13 per cent in first half of 2025-26 on palm oil surge

India's vegetable oil imports surged 13 percent to 7.94 million tonnes in the first half of the 2025-26 oil year. Palm oil shipments nearly doubled, boosting overall imports. This rise occurred despite increased cooking oil prices and a depreciating rupee. Stocks of vegetable oil also showed a significant increase, indicating…

The Economic Times

West Bengal CM Suvendu Adhikari sworn-in as MLA in Legislative Assembly

Suvendu Adhikari took oath as West Bengal Chief Minister following a significant BJP win. He bowed to the assembly steps before entering. The new government's first cabinet meeting resolved to transfer land to the Border Security Force for fencing the India-Bangladesh border. This move aims to address illegal infiltration. The…

The Economic Times

Former Mohun Bagan president Tutu Bose dies at 79

Kolkata's Maidan circles mourn the passing of Swapan Sadhan Bose, 'Tutu Babu', a former Mohun Bagan President. He died at 79 following a cardiac arrest. Bose was a significant figure in Indian football administration for over three decades. His leadership saw Mohun Bagan embrace foreign players and corporate partnerships.

The Economic Times

Payback for help during India-Pakistan war? Iran's jets at Nur Khan airbase trigger memories of 1971

Pakistan confirmed Iranian military aircraft landed during the US-Iran conflict, sparking questions about its neutrality as a mediator. While denying military contingency use, Islamabad stated aircraft arrived during a ceasefire for diplomatic support. This has revived historical comparisons and intensified US scrutiny over Pakistan's mediation role, leading to calls for…

The Economic Times

Sensex to hit 89,000? Why Morgan Stanley is betting big on India Inc after 6-quarter slowdown

Morgan Stanley has turned more bullish on India, forecasting the BSE Sensex could rise to 89,000 by June 2027, implying around 15% upside from current levels. Strategist Ridham Desai said India is emerging from a six-quarter earnings slowdown into a stronger growth phase after a “mid-cycle” pause.

The Economic Times

Berger Paints shares soar over 9% after Q4 net profit jumps 27% to Rs 335 crore

Berger Paints India saw its shares surge following a robust Q4 FY26 profit jump of over 27%, driven by strong sales volumes and better margins. Despite global uncertainties, the company anticipates continued growth fueled by construction chemicals and new product launches, with price adjustments expected to bolster profitability.

The Economic Times

Rising duties may cut India’s gold imports sharply: Mohammed Imran

India's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will cool demand, reduce imports, and push domestic gold prices higher, potentially impacting jewellery and ETF investments. Meanwhile, silver is poised to benefit from global supply deficits and disruptions.

The Economic Times

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The Economic Times

Fuel price pass-through needs monitoring as weather risks also posing pressure on inflation: BoB report

Rising fuel prices and weather uncertainties could push India's inflation higher in FY27, despite current low CPI levels. Bank of Baroda warns that global energy costs impacting food prices, coupled with domestic weather challenges like heatwaves and El Nino, necessitate close monitoring of food inflation. Core inflation remains stable, but…

The Economic Times

Work From Home Advisory: From UP, Delhi to Maharashtra, check all announcements by states

WFH News: Following Prime Minister Modi's call for fuel conservation, several Indian states have implemented austerity measures. Governments are cutting official vehicle use, shrinking VIP convoys, and promoting work-from-home and public transport. These initiatives aim to reduce unnecessary spending and conserve resources amid global uncertainty.

The Economic Times

Diesel crunch leaves Indian truckers stranded in roadside lines

Truckers across India are facing long waits for diesel as private fuel stations have cut sales or raise prices. State-run companies are struggling with demand, leading to shortages. This situation has impacted the movement of goods nationwide. A modest price increase is expected soon, but it may not fully cover…

MyLifeXP

India’s Top 5 Cars With Shockingly Huge Boot Space

Every Indian family knows the struggle of packing for a long trip. One suitcase fits. Then another bag refuses to enter. Suddenly, backpacks land on passengers’ laps, snacks fill the footwell, and the journey becomes uncomfortable before it even starts. That is exactly why cars with massive boot space are…

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The Economic Times

Hindustan Zinc shares surge 5% as silver prices near Rs 3 lakh/kg after import duty hike; Vedanta shares jump 4%

Government has raised import duties on gold and silver to 15 percent. This move has caused precious metal prices to surge. Hindustan Zinc and Vedanta shares saw significant jumps following the announcement. The government aims to curb imports and stabilize the rupee. Hindustan Zinc, India's largest silver producer, is expected…

MyLifeXP

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

The Economic Times

West Asia crisis yet to impact inflation, but fuel prices pass-through to shape outlook: Report

India's retail inflation remains stable despite global tensions. Future price trends will depend on fuel price pass-through and summer crop coverage. Imported inflation has slightly eased. Restaurants and accommodation saw price rises due to LPG shortages. Softening gold and silver prices helped ease personal care inflation. Retail inflation is under…

The Economic Times

French citizen on tourist Visa ran restaurant for 15 years in Karnataka, gets ‘leave India’ notice by FRRO Officer via WhatsApp; HC upholds it

A French national ran a restaurant in Karnataka for 15 years on a tourist visa. The Karnataka High Court upheld a 'Leave India' notice issued by the FRRO. The court stated foreign nationals have no right to reside or conduct business in India on a tourist visa. The Frenchman must…

The Economic Times

Gold import duty hike to hurt jewellery trade, spur grey market: GJC

Gold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty to 15 percent. This move by the government is expected to encourage the grey market and smuggling. Industry leaders are meeting to discuss the implications and potential actions. Consumers may…

The Economic Times

Gold and silver ETFs rally up to 15% after government raises import duty. What should investors do?

Gold and silver ETFs rallied on Wednesday after prices of the precious metals surged on the Multi Commodity Exchange of India, following goivernemt announced higher import duties. Most gold and silver ETFs logged broad gains, while experts urged investors to avoid timing the spike and instead use SIPs to navigate…

The Economic Times

Commercial property insurer FM launches new insurance policy for manufacturers in India

Through FM Essential, insurance company FM says it can support a broader group of manufacturing companies with their resilience journeys.

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