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HDFC MF withdraws Gold-Silver FoF launch

The move comes amid the recent concerns on import of gold. Recently, Prime Minister Narendra Modi called for postpone of gold purchases, amid the impact...

Effective import duty on gold, silver doubled

India has sharply raised customs duties on gold and silver, pushing the effective import tax burden from 9.18 per cent to 18.45 per cent,...

Centre bans sugar exports

Earlier, the government had allowed restricted import of sugar. The prohibition shall not apply to Sugar being exported to the EU and USA under CXL...

Rs 37,500 crore plan to turn coal into gas

India holds one of the world’s largest coal reserves (401 billion tonnes) and lignite reserves (47 billion tonnes), according to a statement. Coal accounts for...

Rolls-Royce, HAL JV expands Hosur facility

Spread across 12 acres, the expanded facility will significantly enhance the company’s capacity for producing compressor and turbine components, while also building capabilities for...

Fuel prices may rise if war drags: RBI Governor

“If this is to continue for longer period of time, it is just a matter of time before the government will pass on some...

TN CM Vijay wins trust vote

22 MLAs voted against the confidence motion, while 5 abstained from voting. Ahead of trust vote, DMK MLAs, led by leader of Opposition Udhayanidhi Stalin,...

Centre hikes import duty on gold, silver

In the backdrop of impact from West Asia conflict, the move comes after Prime Minister Narendra Modi’s recent advice to people to postpone gold...

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