Gold Duty at 15%: Why Your Wedding Plans and Savings Just Got Costlier Overnight
The Indian government has officially raised the basic import duty on gold to 15%, up from the previous 6%, in a decisive move to stabilize the Rupee and manage a swelling trade deficit.The notification comes as the Indian Rupee plummeted to a record low of 95.85 against the U.S. Read More
US Senate Confirms Kevin Warsh as Fed Chief: Markets Brace for Policy Shifts and End of Rate Cuts
Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning to the U.S. central bank as its leader with an extensive reform agenda that may be tough to transla Read More
Lufthansa and Cathay Cash In as Air India Slashes US & Europe Flights Amid Middle East Conflict
Air India’s thousands of flight cuts due to the Iran war and Pakistan’s airspace ban have become a boon for foreign carriers, with Lufthansa Group and Cathay Pacific among those adding services to one of the world’s fastest-growing aviation markets.With their Middle Eastern route Read More
Gold Prices Edge Up On Weak Dollar As Trump-Xi Meeting, Iran War Draw Focus
Gold prices ticked up on Thursday, supported by a weaker dollar, as investors focused on talks between US President Donald Trump and Chinese President Xi Jinping, and looked for signs of progress in the Iran war.Spot gold inched 0.4% higher at $4,706.70 per ounce, as of 0440 GMT. Read More
Oil Prices Rise to $105 as Trump Meets Xi Jinping to Discuss Ending Iran War and Supply Crisis
Oil prices rose on Thursday, withmarkets focusing on the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping to see if it will yield any positive result on the Iran war, which has significantly disrupted global oil supply.Aside from trade matt Read More
India Bans Sugar Exports: How Are Sugar Stocks Reacting To This Major Update?
Sugar Stocks In Focus: The shares of sugar stocks largely declined on Thursday, May 14, after the centre placed a ban on sugar exports with immediate effect until September 30, 2026, or until further orders.The shares of Balrampur Chini Mills fell as much as 5.67% on NSE to hit Read More
Oil, Gold Edges As US President Trump, China’s Xi Holds Delegation Level Talks in Beijing
Washington: Oil prices edged up on Thursday as investors awaited a meeting between U.S. President Donald Trump and Chinese President Xi Jinping later in the day as traders focused on the Iran war.Brent crude futures were up 13 cents, or 0.12%, to $105.76 a barrel by 0015 GMT, w Read More
Kevin Warsh Confirmed As Next Fed Boss, Jerome Powell Era Ends At US Central Bank Amid Mounting Inflation Fears
The U.S. Senate on Wednesday approved Kevin Warsh as chair of the Federal Reserve, putting the 56-year-old lawyer and financier at the helm as the U.S. central bank grapples with intensifying inflation that may make it hard to push through the interest-rate cuts that President Do Read More
Rupee Hits Record Low of 95.80 Against USD Amid Rising Crude Oil Prices and Geopolitical Tensions in West Asia
The Indian rupee faced a turbulent session on Wednesday, plunging to a fresh intra-day record low of 95.80 against the US dollar. The domestic currency eventually settled at 95.66, remaining precariously close to its all-time closing low. This decline comes as the market grapples Read More
After Amul, Mother Dairy Increases Milk Price By ₹2 per Litre from May 14
New Delhi: After Amul, Mother Dairy Increases Milk Price By ₹2 per Litre from May 14. The new milk prices will come into effect across Delhi-NCR, Uttar Pradesh, Haryana and Uttarakhand markets. A spokesperson for Mother Dairy said,“Mother Dairy will revise the consumer prices of Read More















