Gold Duty Hike to Hurt Trade, Inflate Prices: Gems Bodies
Gems and jewellery bodies warn that the gold import duty hike will not curb imports but will inflate prices and hurt the trade, urging government dialogue.
Gems and jewellery bodies warn that the gold import duty hike will not curb imports but will inflate prices and hurt the trade, urging government dialogue.
Mehul Kothari of Anand Rathi Shares recommends buying Narayana Hrudayalaya, Coal India, and Hyundai Motor India today. Check targets and stop losses.
India raised gold and silver import tariffs to 15% from 6% to curb imports and ease pressure on forex reserves, following PM Modi's appeal to avoid gold purchases for a year.
The District Consumer Disputes Redressal Commission, Chandigarh, ruled that EPFO cannot cite technical issues to justify a decade-long delay in transferring PF accumulations, ordering Rs 50,000 compensation.
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RecommendedGold and silver prices surged in Delhi as the rupee depreciated 35 paise to close at an all-time low of 95.63 against the US dollar, boosting domestic bullion demand.
India's retail inflation based on Consumer Price Index (CPI) rose marginally to 3.48% in April 2024 from 3.29% in March, driven by higher food prices. Core inflation remained steady.
Discover practical ways to cut fuel, electricity, and LPG costs amid rising prices. Learn from real-life examples and expert tips to soften the monthly financial shock.
India plans to deploy AI-enabled weather systems for hyper-local forecasts and real-time monsoon updates, enhancing disaster preparedness and agricultural planning.
Union minister Hardeep Singh Puri said state-run OMCs are losing Rs 1,000 crore daily due to selling fuel below cost. Cumulative under-recoveries have reached Rs 1.98 lakh crore, threatening annual profits.
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RecommendedA report reveals that tier 2 cities in India are emerging as prime destinations for international brands and retail investment, driven by rising incomes and urbanization.
Gold futures in India climbed on Thursday as a weaker dollar and strong spot demand boosted prices. Analysts expect prices to remain supported.
Instagram finance creator Udayan Adhye claims raising a child in an Indian metro city could cost Rs 6.75 crore, sparking debate on social media about rising education and lifestyle expenses.
Somil Mehta of Mirae Asset ShareKhan recommends buying Max Healthcare and Coal India, and selling AU Small Finance Bank on May 12, 2026.
Morgan Stanley rates SBI equal weight with Rs 980 target; Goldman Sachs bullish on Titan at Rs 5,400; CLSA upgrades Bank of Baroda; Nomura positive on Swiggy; HSBC raises Hyundai target to Rs 2,400.
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RecommendedPunjab jewellers criticize PM Modi's appeal to reduce gold purchases, calling it a one-sided sacrifice by citizens while govt spending remains unchecked. They highlight gold's role as social security.
Explore common financial scenarios where credit cards are used, including rewards, interest rates, and debt management tips.
Airfares from Mumbai surge sharply for summer travel, with Mumbai-London fares up 53% and Delhi-Srinagar up 68%. Fuel costs, rupee depreciation, and reduced capacity drive hikes.
Learn the basics of Systematic Investment Plans (SIP) and how to use an SIP calculator to plan your investments effectively.
The Indian rupee plunged 0.9% to a record low of 95.31 against the US dollar on Monday, driven by surging crude oil prices and escalating US-Iran tensions.
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RecommendedGold futures fell to Rs 1520 per 10 grams on MCX, tracking weak global trends. Silver also declined amid strong dollar and rising bond yields.
The Indian rupee plunged 139 paise to 94.90 against the US dollar in early trade on Monday, tracking weak domestic equities and sustained foreign fund outflows.
Gold and silver are expected to trade in a narrow range this week as investors balance geopolitical risks and macroeconomic data. Silver outperforms due to supply tightness and industrial demand.
Rising bond yields lower prices, affecting returns. Investors must adapt strategies to navigate the inverse relationship between yields and prices for better fixed income outcomes.
Gen Z is redefining money management with early investing, side hustles, and high-risk bets. But are they truly smart with finances? A deep dive into India's 400-million-strong generation.
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RecommendedIndore's Western Discom initiates scheduled daily power shutdowns of at least two hours due to record electricity demand, with unscheduled outages adding to consumer woes.
Global gold ETF demand rebounded to $6.6 billion in April 2025, led by strong inflows from Europe and North America. India extended its inflow streak to 11 months, adding $1.2 billion.
India's protein supplements market reached $912.9 million in 2025, driven by demand for gut-friendly and additive-free formulations. The market is projected to grow at a CAGR of 15% through 2030.
Stuck on last-minute gifts for Mother's Day 2026? From personalized keepsakes to spa kits, find unique ideas to make your mom feel special without the stress.
Learn how a personal loan EMI calculator helps you plan monthly payments, compare lenders, and manage your budget effectively before applying for a loan.
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RecommendedDiscover how mothers can secure their child's future through smart financial planning. This article covers investment tips, education savings, and long-term security strategies.