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India forex reserves rise to $703.3 billion amid West Asia tensions

India's Impending Forex Crisis: The Unplugged Leak - A Systemic Multi-Channel Drain on National Economic Sovereignty

IPO-related capital recycling, weak net FDI, rising overseas investments by Indian firms, sustained foreign investor outflows and alleged misuse of the Liberalised Remittance Scheme (LRS) have collectively led to massive forex leakages over the past decade.

24 days ago

Bitcoin price drops to two-week low over growing US-Iran war concerns

The market downturn triggered heavy liquidations, with nearly $500 million worth of long positions wiped out within minutes during Asian trading hours. US-listed spot Bitcoin ETFs also recorded more than $1 billion in outflows last week, reflecting weaker investor sentiment.

24 days ago

New periodic payouts withdrawal under NPS allows cash flow predictability for retirees

PFRDA has introduced a new post-retirement withdrawal framework under the NPS, allowing retirees to opt for periodic payouts from the withdrawable portion of their pension corpus. The new drawdown facility enables subscribers to receive monthly, quarterly or annual payouts alongside the mandatory annuity income.

24 days ago

Bank of India increases medium-term FD rates; HDFC AMC shares drop nearly 4% after cybersecurity incident

Bank of India has increased interest rates on medium- and long-term fixed deposits below Rs 3 crore, with revised rates going up to 6.70 per cent for select tenures. The revised rates came into effect immediately and also include additional benefits for senior and super senior citizens.

25 days ago

Global crude oil prices rally up to 3 pc as US-Iran tensions escalate

Global crude oil prices surged up to 3 per cent on Monday as escalating tensions between the US and Iran raised fears of supply disruptions following an attack near the UAE's Barakah nuclear facility. Brent crude climbed to $111.86 per barrel, while WTI crude rose to $108.70. In India.

25 days ago

crude oil price opec non opec output cut price globally brent crude petrol diesel modi govt demonetisation inflation

Global oil prices to stay in $90 to 110 per barrel range during 2026: Moody's

Moody's has projected global oil prices to remain between $90 and $110 per barrel through 2026 due to continued US-Iran tensions and uncertainty over the Strait of Hormuz reopening. The agency said shipping disruptions have become a long-term supply constraint rather than a temporary shock.

26 days ago

2nd hike in 48 hrs: Delhi's CNG rate crosses Rs 80/kg amid global oil tensions

Following the revision, petrol in Delhi is now retailing at Rs 97.77 per litre, while diesel costs Rs 90.67 per litre. Meanwhile, CNG prices in Delhi-NCR have also risen sharply, crossing the Rs 80 per kg mark after two consecutive hikes within 48 hours.

26 days ago

Gold rises 2.45% to ₹1,53,977; silver at ₹2,44,297 on safe-haven demand despite US-Iran ceasefire

Govt tightens silver imports, imposes stricter rules on duty-free gold shipments

The government has tightened restrictions on silver imports and duty-free gold imports by jewellery exporters to curb precious metal inflows and manage the trade deficit. The revised rules introduce stricter approval, compliance and reporting requirements.

26 days ago

Kempegowda International Airport Bengaluru crosses 400 million passengers milestone, records strong FY26 growth in traffic and cargo

The airport handled 44.47 million passengers and 5,32,000 metric tonnes of cargo during the financial year, with international passenger traffic rising 23.9 per cent and overall traffic growing 6.2 per cent year-on-year. BLR Airport currently connects Bengaluru to more than 78 domestic and 34 international destinations.

27 days ago

Why Are Tourists from Israel and Other Countries Choosing Pushkar-Based Tattoo Artist Jimmy Kalyana?

Pushkar-based tattoo artist Jimmy Kalyana (@jimmyartifex) earns international acclaim by blending freehand flow, dark floral motifs, and Indian spiritual symbolism for global travelers.

27 days ago

Rupee trades lower amid elevated crude prices

Rupee hits all-time low, breaches 96 for 1st time against US dollar

The rupee fell to a fresh record low on Friday, slipping past the 96 mark against the US dollar as rising crude oil prices and the ongoing West Asia conflict continued to pressure the currency.

27 days ago

India's forex reserves jump $6.3 billion to $696.99 billion on surge in gold holdings

India's forex reserves rose by $6.3 billion to $696.99 billion in the week ended May 8, mainly due to a sharp rise in gold reserves, according to RBI data. Gold holdings jumped by $5.64 billion, while foreign currency assets also increased slightly.

27 days ago

Attention Mumbaikars! Petrol, Diesel Prices Hiked By ₹3 Amid Global Oil Crisis Due To Iran War; Check New Rates Here

Attention! Petrol, Diesel Prices Hiked By ₹3 Amid Global Oil Crisis Due To Iran War; Check New Rates Here

The Centre on Friday raised petrol and diesel prices by Rs 3 per litre nationwide, the first retail revision in nearly four years, citing soaring global crude prices. In Mumbai, petrol rose to Rs 106.68 and diesel to Rs 93.14 per litre.

28 days ago

Income Tax Dept launches 'Kar Saathi' website to simplify tax filing, offer 24x7 AI help

ITR filing process for AY 2026-27 officially begins

ITR filing process for AY 2026-27 has begun with Excel utilities for ITR-1 and ITR-4 now available on the e-filing portal. Taxpayers can file returns online or offline by uploading JSON files, while the deadline for non-audit taxpayers remains July 31.

28 days ago

Iran war may force fuel price hike in India as crude crosses $100: RBI Governor warns

Petroleum Minister Hardeep Singh Puri has stated that petrol, diesel, and LPG stocks in the country are adequate, but hinted that prices may have to be raised due to the heavy losses that public sector oil companies were piling up.

May 13, 2026

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