Economy News

India's forex reserves rise by $1.08 billion to $676.24 billion: RB

The latest increase follows a gain of $964 million in the previous reporting week, when the country's forex reserves climbed to $675.157 billion.

Jul 24, 2026

Income-tax rules 2026 notified: Govt tightens compliance, makes filing simpler

FM Sitharaman tells I-T Dept to ensure convenience for honest taxpayers

During FY26, the Income Tax Department disposed of 2.24 lakh tax appeals and resolved nearly four lakh taxpayer grievances with a 95% disposal rate. Shrivastava also said the new Income-tax Act simplifies compliance by reducing the number of sections

Jul 24, 2026

Global crude oil prices hit four-week high amid escalating US-Iran conflict

Global crude oil prices climb above $100 amid Red Sea attacks, supply fears

Global crude oil prices stayed above $100 per barrel on Friday as escalating tensions in the Gulf and attacks on Saudi oil tankers in the Red Sea heightened fears of supply disruptions. Brent crude rose above $100, while WTI climbed to $92.83 per barrel.

Jul 24, 2026

Gold, silver decline up to 1 pc amid Middle East tensions

Gold price today slips below ₹1.42 lakh; silver falls nearly 1% amid Middle East tensions

Gold slipped below ₹1.42 lakh per 10 grams, while silver dropped to around ₹2.17 lakh per kg. Analysts said the near-term outlook for both precious metals remains weak, with prices under pressure from geopolitical uncertainty and a stronger dollar.

Jul 24, 2026

Gold, silver prices today: 24K gold at ₹1.41 lakh/10 gm, silver trades at ₹215-235 per gram

24-carat gold was priced at ₹1,41,880 per 10 grams, while 22-carat gold stood at ₹1,30,056 per 10 grams. Silver was trading at ₹2,20,803 per kilogram in the benchmark Mumbai market.

Jul 19, 2026

Govt steps up El Nino preparedness as monsoon improves; kharif sowing reaches 350.85 lakh hectares

As a 'Super' El Nino Builds, Asia's Rice Belt Braces for a Rainfall Gamble

A weak June, a wet rebound in July and a still-uncertain September have left agronomists watching India's paddy fields with caution rather than alarm, even as forecasters warn this El Nino could rank among the strongest on record.

Jul 19, 2026

Gold, Silver Prices Today: 24K Gold at ₹1,42,530, Silver at ₹1,71,900/kg; MCX Outlook Remains Volatile

As of July 18, 2026, retail gold prices in major Indian cities stood at around ₹1,42,530 per 10 grams for 24-carat gold and ₹1,30,650 per 10 grams for 22-carat gold. Meanwhile, 999 purity silver was retailing at approximately ₹1,71,900 per kg

Jul 18, 2026

ITR Filing 2026: Filing Your ITR? Report FD Interest Correctly, Avoid Tax Notices & Penalties

FD interest must be reported under 'Income from Other Sources'. Check AIS and Form 26AS, claim eligible deductions and adjust TDS to avoid notices.

Jul 18, 2026

India's forex reserves climb nearly $1 billion to $672.5 billion

India's forex reserves rise by $964 million to $675.16 billion: RBI

Foreign currency assets, the largest component of the reserves, increased by $930 million to $546.51 billion, while gold reserves edged up to $105.23 billion. Special Drawing Rights (SDRs) and the reserve tranche position with the IMF also recorded marginal gains

Jul 17, 2026

SpaceX shares slip below IPO price after Starship launch abort

SpaceX shares fell below their $135 IPO price for the first time after the company aborted the launch of its flagship Starship rocket. The stock closed 3.08% lower at $131.11 and extended its losing streak to five consecutive sessions since its June 12 market debut.

Jul 17, 2026

India's economy remains strong amid West Asia, weak monsoon risks: RBI chief

Malhotra said the rupee's performance remains stable compared to other global currencies despite a stronger US dollar. He also warned that rising crude oil prices and global uncertainties could push inflation higher, while stressing that policymakers should remain in a "wait and watch" mode

Jul 17, 2026

Rupee Gains 4 Paise as Weaker Dollar Offsets Global Market Jitters

Rupee Ends Three-Day Losing Streak, Opens Higher at 96.31 Against US Dollar

The Indian rupee snapped its three-day losing streak, opening at 4 paise stronger at 96.31 against the US dollar, supported by a weaker greenback after softer US inflation data pushed the dollar index to a one-month low.

Jul 17, 2026

Gold & Silver Rate Today: 24K, 22K Gold Prices and 999 Silver Rates Across Major Cities on July 17

Gold, Silver Prices Today, July 17: 24K Gold Crosses ₹1.41 Lakh in Mumbai, Silver Trades Above ₹2.15 Lakh/kg

Gold and silver prices witnessed changes in the retail market on July 17, Mumbai recorded the highest 24K gold price among the listed cities at ₹1,41,260 per 10 grams.followed by Chennai at ₹1,41,380. Silver prices also differed across cities, ranging from ₹2,15,180 per kg in Delhi to ₹2,19,100 per kg in Bengaluru.

Jul 17, 2026

Gold and Silver Rate Today: 24-Carat Gold at ₹14,358/Gram, 22-Carat at ₹13,161; Silver at ₹235/Gram (₹2.35 Lakh/Kg) as Bullion Prices Fall Amid Middle East Tensions

Gold and Silver Rate Today: 24-Carat Gold at ₹14,358/Gram, silver at ₹235/Gram as Bullion Prices Fall Amid Middle East Tensions

Gold and silver prices declined on July 16 as escalating Middle East tensions boosted expectations that the US Federal Reserve may keep interest rates higher for longer. The fall in bullion prices came amid rising crude oil prices and inflation concerns.

Jul 16, 2026

RBI Ombudsman Scheme allows compensation of up to Rs 33 lakh for service lapses

Under the scheme, the RBI Ombudsman can award up to Rs 30 lakh for proven financial losses caused by service deficiencies, along with up to Rs 3 lakh for harassment, mental anguish, time and expenses, taking the maximum compensation to Rs 33 lakh.

Jul 15, 2026

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Economy News

India's forex reserves rise by $1.08 billion to $676.24 billion: RB

FM Sitharaman tells I-T Dept to ensure convenience for honest taxpayers

Global crude oil prices climb above $100 amid Red Sea attacks, supply fears

Gold price today slips below ₹1.42 lakh; silver falls nearly 1% amid Middle East tensions

Gold, silver prices today: 24K gold at ₹1.41 lakh/10 gm, silver trades at ₹215-235 per gram

As a 'Super' El Nino Builds, Asia's Rice Belt Braces for a Rainfall Gamble

Gold, Silver Prices Today: 24K Gold at ₹1,42,530, Silver at ₹1,71,900/kg; MCX Outlook Remains Volatile

ITR Filing 2026: Filing Your ITR? Report FD Interest Correctly, Avoid Tax Notices & Penalties

India's forex reserves rise by $964 million to $675.16 billion: RBI

SpaceX shares slip below IPO price after Starship launch abort

India's economy remains strong amid West Asia, weak monsoon risks: RBI chief

Rupee Ends Three-Day Losing Streak, Opens Higher at 96.31 Against US Dollar

Gold, Silver Prices Today, July 17: 24K Gold Crosses ₹1.41 Lakh in Mumbai, Silver Trades Above ₹2.15 Lakh/kg

Gold and Silver Rate Today: 24-Carat Gold at ₹14,358/Gram, silver at ₹235/Gram as Bullion Prices Fall Amid Middle East Tensions

RBI Ombudsman Scheme allows compensation of up to Rs 33 lakh for service lapses

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