Economy News

Govt collects Rs 10,463 crore in customs duty from gold, silver, platinum imports after duty hike

In a written reply to a question in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said customs duty collections during the period stood at Rs 10,040 crore on gold, Rs 328 crore on silver and Rs 95 crore on platinum.

Aug 10, 2026

Gold Surges Towards ₹1.53 Lakh, Silver Hits ₹2.35 Lakh On MCX As Festive Demand, Global Cues Lift Prices

Gold and silver prices surged on the MCX on Monday, supported by festive-season buying, strong global market cues and fresh long positions. October gold futures rose 0.76% to Rs 1,52,982, while September silver gained 1.62% to Rs 2,35,221.

Aug 10, 2026

Bonhomie on display as PM Modi, Putin travel in same car

Russia explores railway route to India via Central Asia; expert says losing discounted Russian oil less risky than $100 crude

India could manage the loss of discounted Russian crude more comfortably than a prolonged rise in global oil prices to $100 a barrel, as India has diversified its crude suppliers. A sustained oil price surge could significantly increase India's import bill, inflation and external financial pressures.

Aug 9, 2026

Gold Futures Surge ₹2,165 To Hit ₹1.46 Lakh As Safe-Haven Demand & Weaker Dollar Fuel Global Bullion Rally

Gold, silver prices today: Check rates in Mumbai, Delhi, Bengaluru and Chennai on August 8

Gold prices in Delhi rose by ₹200 to ₹1.54 lakh per 10 grams on Friday, extending gains for the fourth straight session. Silver remained unchanged at ₹2,34,800 per kilogram, inclusive of all taxes, after witnessing a sharp rise in the previous session.

Aug 8, 2026

'No Threats, No Late Night Calls': RBI Issues New Rules For Loan Recovery

Effective 1 January 2027, the new guidelines lay down detailed rules governing how lenders and recovery agents can communicate with borrowers, conduct field visits, and use technology to recover dues.

Aug 8, 2026

India's coffee exports expand to 140 countries; GI-tagged coffee growers get government support

The government said Indian coffee was exported to more than 140 countries in FY2025–26, with growing demand in markets such as the UAE, Australia, South Korea, Egypt, Kuwait, the UK, and new destinations including Djibouti, Micronesia and Timor-Leste. I

Aug 7, 2026

UPI charges not applicable to users, FM Sitharaman says after Congress criticism

UPI charges not applicable to users, FM Sitharaman says after Opposition's criticism

Finance Minister Nirmala Sitharaman rejected Congress' claims that the Taxation and Other Laws (Amendment) Bill, 2026, would make UPI transactions chargeable, clarifying that MDR applies only to merchants. She said UPI payments will remain free, and any future levy would require a separate government notification.

Aug 7, 2026

Strong Loan Demand, RBI Governor Says Banking System Will Have Enough Liquidity To Support Economic Growth

Loan demand remains strong across sectors, while the RBI has promised adequate banking liquidity and action against excessive movements in the rupee.

Aug 5, 2026

MDR on UPI transactions: The ₹2,000 threshold would cover about 5% of all UPI transactions by volume but account for around 65% of the total transaction value.

Govt may allow MDR on UPI payments above ₹2,000; person-to-person transfers likely to stay free

The proposal, enabled by the Payment and Settlement Systems (Amendment) Bill, is expected to apply mainly to large merchants, with a possible MDR of 0.25-0.4 per cent. No final decision has been taken, and any implementation would require a government notification and RBI guidelines.

Aug 5, 2026

RBI Governor Speaks on Monetary Policy Statement

RBI holds repo rate at 5.25 pc, maintains neutral instance as global tensions linger

RBI Governor Sanjay Malhotra said that trade uncertainties linger as US has imposed fresh tariffs. Crude oil and financial markets remain volatile amid West Asia crisis, he added.

Aug 5, 2026

Silver Tops ₹2.19 Lakh, Oil Rebounds on Renewed Hopes of US-Iran Peace Talks

Gold prices in India edged higher on August 4 as renewed hopes of a potential US-Iran peace breakthrough supported safe-haven demand. Despite optimism over possible negotiations, ongoing geopolitical uncertainty and concerns over Middle East oil supplies kept bullion prices elevated

Aug 4, 2026

Gold price today near Rs 1.43 Lakh: Why small Paytm Gold investments are gaining ground

The 24-karat gold price today is hovering around Rs 1.43 lakh per 10 grams in the domestic market, after a volatile stretch of choppy, range-bound trade. That is roughly 20 per cent below the retail all-time high of about Rs 1.78 lakh per 10 grams

Aug 4, 2026

SEBI slashes minimum investment in social impact funds to Rs 1,000

Bengaluru-Based Assetz Files Confidential IPO Papers With Sebi To Raise Around ₹1,200 Crore

This proposed public issue will mark the market debut of one of Bengaluru based residential developers, which includes Singapore-based investment fund AGP Partners as a key shareholder.

Aug 2, 2026

ITR deadline, RBI MPC meet among key financial deadlines, events in August

August 2026 features several key financial deadlines and policy events, including the August 31 ITR filing deadline for self-employed professionals, freelancers, and businesses not requiring a tax audit. The RBI Monetary Policy Committee (MPC) will meet from August 3–5, with interest rates expected to remain unchanged.

Aug 1, 2026

Swiggy co-founder Nandan Reddy quits, Board changes underway

Swiggy clocks Rs 791 crore net loss in Q1

The firm reported a loss of Rs 1,197 crore in the corresponding period last financial year (Q1 FY26), according to its stock exchange filing.

Jul 30, 2026

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Economy News

Govt collects Rs 10,463 crore in customs duty from gold, silver, platinum imports after duty hike

Gold Surges Towards ₹1.53 Lakh, Silver Hits ₹2.35 Lakh On MCX As Festive Demand, Global Cues Lift Prices

Russia explores railway route to India via Central Asia; expert says losing discounted Russian oil less risky than $100 crude

Gold, silver prices today: Check rates in Mumbai, Delhi, Bengaluru and Chennai on August 8

'No Threats, No Late Night Calls': RBI Issues New Rules For Loan Recovery

India's coffee exports expand to 140 countries; GI-tagged coffee growers get government support

UPI charges not applicable to users, FM Sitharaman says after Opposition's criticism

Strong Loan Demand, RBI Governor Says Banking System Will Have Enough Liquidity To Support Economic Growth

Govt may allow MDR on UPI payments above ₹2,000; person-to-person transfers likely to stay free

RBI holds repo rate at 5.25 pc, maintains neutral instance as global tensions linger

Silver Tops ₹2.19 Lakh, Oil Rebounds on Renewed Hopes of US-Iran Peace Talks

Gold price today near Rs 1.43 Lakh: Why small Paytm Gold investments are gaining ground

Bengaluru-Based Assetz Files Confidential IPO Papers With Sebi To Raise Around ₹1,200 Crore

ITR deadline, RBI MPC meet among key financial deadlines, events in August

Swiggy clocks Rs 791 crore net loss in Q1

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react