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The Latest Breaking News from India

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…

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

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

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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…

MyLifeXP

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…

The Economic Times

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…

MyLifeXP

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

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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.

The Economic Times

MSCI decides against adding Adani Energy to global standard indexes in May review

MSCI has excluded Adani Energy Solutions from inclusion in its indexes during the May 2026 review after the stock was placed on an “Ineligible Alert Board” due to India’s ASM surveillance framework. MSCI said securities under the Short-Term or Long-Term Additional Surveillance Measure (ASM) will not be added to its…

The Economic Times

Can Tata Motors PV business in India offset JLR pressure? Here's what the Q4 could hold

Tata Motors' domestic passenger vehicle business is poised for strong Q4 growth, driven by higher volumes and improved product mix. This robust performance is expected to offset continued margin pressure faced by its luxury arm, Jaguar Land Rover, which saw a sequential volume recovery but remains below last year's profitability.

The Economic Times

MSCI rejig: MCX, Indian Bank included, but RVNL, Kalyan Jewellers out

MSCI’s May 2026 index rejig kept India’s overall representation in the MSCI Standard Index unchanged at 165 stocks, even as four companies, including MCX and Indian Bank, were added and four others, such as Rail Vikas Nigam Limited and Kalyan Jewellers, were removed. The changes will take effect after market…

The Economic Times

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The Economic Times

10,000 foreign students, including Indians, under ICE scanner for OPT fraud

US Immigration and Customs Enforcement (ICE) has identified 10,000 foreign students, including some from India, misusing the Optional Practical Training (OPT) program. These students are allegedly working for suspect employers, with some beneficiaries being managed from India, violating program rules. ICE stated the OPT program has become a "magnet for…

The Economic Times

Sensex rises 50 points, Nifty closes above 23,400 as markets snap 4-session losing streak; metal stocks shine

Indian stock markets ended in the green, with Sensex and Nifty snapping a four-session losing streak. This occurred despite the rupee hitting a fresh lifetime low. Metal stocks surged following a government hike in import duties, while IT stocks saw declines. Midcap and smallcap indices also recorded gains.

The Economic Times

Gold jewellery to get costlier: Here's how much more you need to pay on your next purchase

India has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on reserves. Buyers will face higher prices for jewellery. The government encourages domestic recycling and reduced reliance on imported gold. This policy change impacts consumers, traders, and the overall…

The Economic Times

From India to China, a look at what governments worldwide are doing to shield households from rising energy costs

Governments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measures include fuel tax adjustments, reserve releases, external financing, subsidies, tax cuts, and energy conservation efforts. Countries are also exploring increased use of domestic resources and alternative energy sources.

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The Economic Times

Credit at the tap: The opportunities and risks of India’s digital lending boom

India's digital lending is rapidly transforming credit access, with mobile apps now disbursing significant loan volumes, especially to younger demographics and underserved regions. While offering convenience and speed, regulators are ensuring transparency and consumer protection amidst evolving market dynamics and persistent risks.

The Economic Times

Bringing institutional-grade research to bonds is a game changer for retail investors: Saurav Ghosh of Jiraaf

Jiraaf's Co-Founder Saurav Ghosh highlights the critical need for institutional-grade research in India's evolving bond market. He explains how this will empower retail investors by simplifying complex debt instruments, moving beyond traditional credit ratings to offer issuance-level analysis for better risk assessment and informed portfolio building.

The Economic Times

Rural India, agro chemicals, and value retail: Where Aniruddha Naha is putting money to work

Aniruddha Naha of PGIM India sees opportunity in rural India's revival. He advises investors to build portfolios now for a stronger FY28. Naha is avoiding lenders and infrastructure sectors. He believes mid and smallcaps show resilience. The next two quarters may be challenging for earnings. However, clarity on global events…

The Economic Times

India’s gold import duty hike to 15% may remain for a year, says Senco MD Suvankar Sen

India's higher import duty on gold and silver could impact jewelry demand for a year, Senco MD Suvankar Sen said. Senco Gold predicts volumes may drop 10-15 percent and consumers may opt for lighter jewelry. This move aims to conserve foreign exchange reserves and protect economic stability amid global uncertainty.

The Guardian - UK

Public health at risk across Asia as Iran crisis sends price of cooking gas soaring

Families turn to dirty fuels such as firewood, bringing fears over air pollution and fragility of energy transition

The Economic Times

India raises gold import duty back to 15%: What’s behind the move

India has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign exchange reserves. The government prioritises essential imports like crude oil and fertilisers. This decision reflects a proactive approach to manage external risks.

The Economic Times

Gold prices today: Check 18 carat, 22 carat and 24 carat gold rates in Delhi, Mumbai, Chennai, Kolkata and other cities as govt hikes import duty

Gold rates today: India has significantly boosted import duties on gold and silver to 15% from 6% to curb overseas purchases and protect foreign exchange reserves. In Delhi, the rates of 24k, 22k and 18k gold stand at Rs 1,54,140, Rs 1,41,310 and Rs 1,15650, respectively. The rates in Mumbai…

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