Economy News

Crude oil prices jump up to 4 pc on Hormuz tensions, ceasefire doubts

Oil prices fall for 2nd day as Donald Trump signals possible US-Iran talks

Global oil prices fell for a second consecutive session as market sentiment improved on expectations of renewed diplomatic talks between the United States and Iran. The decline followed comments from US President Donald Trump suggesting that negotiations involving the US, Israel, and Iran could resume soon. Apr 15, 2026
Gold holds steady amid easing US-Iran tensions; silver gains on MCX

Gold holds steady amid easing US-Iran tensions; silver gains on MCX

Gold prices remained steady on Wednesday as easing geopolitical tensions between the US and Iran supported investor sentiment. MCX gold May futures were slightly higher, while technical levels indicate key resistance at Rs 1,55,000 and support near Rs 1,54,000–Rs 1,52,000. Apr 15, 2026
I-T Department introduces 'Form 141', merges four TDS forms into one

I-T Department introduces 'Form 141', merges four TDS forms into one

The IT Department has introduced Form 141, a single challan-cum-statement replacing four TDS forms — 26QB, 26QC, 26QD and 26QE — to simplify compliance. It will be used for TDS on property deals, rent above ₹50,000/month, high-value professional payments, and virtual digital assets like cryptocurrencies and NFTs. Apr 14, 2026
Indian stock market surges over 3 pc over Iran ceasefire, Sensex jumps 2,775 points

Indian equities demonstrate strong long-term wealth creation potential: Report

Indian equities have proven to be a strong long-term wealth creation asset, delivering around 11–12% CAGR over the past 20 years, with the Nifty 50 growing investor wealth more than 8 times. Since 1990, equities have expanded nearly 80 times, translating to about 13% annual returns, according to the FundsIndia report. Apr 14, 2026
Oil falls after Trump signals Iran pause, Crude oil prices tank up to 20 pc over Iran ceasefire announcement

Crude oil trade 3 pc lower on hopes of fresh US-Iran talks

Global crude oil prices fell up to 3% on Tuesday as hopes of renewed US–Iran talks eased fears of supply disruptions linked to tensions around the Strait of Hormuz. Brent crude dropped to around $96.6 per barrel, while WTI slipped to about $95.69. Apr 14, 2026
Gold loans grow 4x in 3 years, ticket size doubles to around Rs 2 lakh

Gold loans grow 4x in 3 years, ticket size doubles to around Rs 2 lakh

Gold loans now account for about 11% of the retail credit portfolio, up from 5.9% in 2022. Growth has been driven by higher borrower adoption, increased participation from NBFCs and banks, and a shift towards more creditworthy borrowers. Women borrowers have also played a key role, with their share rising to 39%. Apr 14, 2026
Gold, silver prices climb ahead of key US Fed meet

Gold, silver trade lower as US Hormuz blockade rattles markets

Gold and silver prices declined on Monday amid heightened geopolitical tensions following Donald Trump's announcement of a US blockade of the Strait of Hormuz. On the Multi Commodity Exchange (MCX), gold fell up to 0.78%, while silver dropped as much as 2.5%. Global markets also mirrored the weakness, with COMEX gold and silver witnessing sharp declines. Apr 13, 2026
Gold ETF inflows decline in March as Middle East tensions weigh in

Gold ETF inflows decline in March as Middle East tensions weigh in

Gold ETF inflows in India sharply declined in March, with net investments more than halving to Rs 2,266 crore, according to Association of Mutual Funds in India. The drop was driven by geopolitical tensions, particularly involving the United States and Iran Apr 11, 2026
India's forex reserves jump $9.06 billion to $697.12 billion

India's forex reserves jump $9.06 billion to $697.12 billion

Gold reserves jumped significantly, while foreign currency assets—the largest component—also recorded a steady rise. Minor increases were seen in special drawing rights, while India's reserve position with the International Monetary Fund remained unchanged. Apr 11, 2026
Indian rupee gains ahead of RBI deadline to unwind positions

Indian rupee gains ahead of RBI deadline to unwind positions

RBI's directive limiting banks' net open rupee positions to $100 million and its stance on curbing excess offshore positions has prompted lenders to adjust holdings ahead of the deadline. Analysts expect short-term caution in the market until clarity emerges on RBI's position limits, though fears of sharp rupee depreciation may be overstated. Apr 10, 2026
Reserve Bank Of India

RBI proposes 1-hour delay for UPI transfers above ₹10,000 as safety measure

The RBI has proposed a one-hour delay for digital payments above Rs 10,000 to curb rising frauds, which hit Rs 22,930 crore in 2025. The discussion paper outlines safeguards like trusted-person authentication for seniors, capped credits with verification, and a "kill switch" to block transactions. The move targets APP fraud driven by social engineering. Apr 10, 2026
Gold rises 2.45% to ₹1,53,977; silver at ₹2,44,297 on safe-haven demand despite US-Iran ceasefire

Gold, silver trade up to 2 pc lower despite geopolitical tensions

On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 0.74 per cent or Rs 1,129 to Rs 1,50,647, hitting an intraday low at around 10:40 AM. The yellow metal was later trading at Rs 1,51,113, down Rs 663 or 0.44 per cent. It touched an intraday high of Rs 1,51,452. Apr 9, 2026
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