IBT Business Desk

Articles by IBT Business Desk

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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.

May 17, 2026

'Blatantly untrue, tarnishing image': Reliance issues statement, denies Russian oil cargoes to Jamnagar

Top 10 firms lose Rs 3.12 lakh crore in market value; Reliance Industries suffers biggest decline

Nine of India's 10 most valued companies together lost over Rs 3.12 lakh crore in market capitalisation last week as stock markets declined sharply. Reliance Industries faced the biggest erosion, while Bharti Airtel was the only major company to register gains during the week.

May 17, 2026

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.

May 16, 2026

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.

May 16, 2026

Gold and silver surge up to 1 pc amid geopolitical uncertainty

Gold, silver surge nearly 4 pc this week amid geopolitical tensions, volatile crude

Gold and silver prices surged nearly 4 per cent this week amid rising geopolitical tensions and volatile crude oil prices. On the Multi Commodity Exchange of India, gold futures settled 3.94 per cent higher at Rs 1,58,547, while silver futures rose 3.8 per cent to Rs 2,71,886.

May 16, 2026

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.

May 15, 2026

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.

May 15, 2026

Sensex, Nifty end lower amid surge in crude oil prices

The benchmark Nifty closed 46.10 points, or 0.19 per cent, lower at 23,643.50, while the Sensex declined 160.73 points, or 0.21 per cent, to settle at 75,237.99.

May 15, 2026

Gold, silver tumble up to 4 pc amid stronger dollar, rising crude prices

Gold and silver prices fell sharply on Friday amid a stronger US dollar and rising crude oil prices. On the MCX, gold futures dropped over 1.5 per cent to an intraday low of Rs 1,59,500, while silver futures plunged more than 4 per cent to Rs 2,79,102

May 15, 2026

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.

May 15, 2026

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.

May 15, 2026

Indian markets trade flat amid mixed global cues, oil prices rise

Indian equity markets traded flat on Friday amid mixed global cues and rising crude oil prices. The Nifty slipped 0.11 per cent to 23,663, while the Sensex fell 147 points in early trade. Metal, Realty and Oil & Gas stocks led the decline,

May 15, 2026

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

Government raises gold, silver import duty to 15% amid West Asia crisis and forex pressure

The government has also increased customs duty on gold and silver imports to 15 per cent and raised platinum import duty to 15.4 per cent as part of broader efforts to curb non-essential imports and manage forex pressure amid rising oil prices linked to the West Asia crisis.

May 15, 2026

Sensex settles 790 pts higher, Nifty tops 23,650; Eternal, DRL rise 3% each

Sensex closed at 75,398.72, rising 789.74 points or 1.06 per cent, while ifty settled 277 points or 1.18 per cent higher at 23,689.60. During intraday trade, the benchmarks jumped as much as 1.43 per cent or 1,073 points to 75,681.88 and 1.55 per cent or 364 points to 23,777.20, respectively.

May 14, 2026

Gold, silver decline up to 2 pc amid profit-booking

Gold and silver prices declined on Thursday amid profit-booking following the government's decision to raise import duty on precious metals to 15 per cent.

May 14, 2026

Govt prohibits sugar exports till September for domestic availability

The Indian government has prohibited exports of raw, white, and refined sugar until September 30, 2026, or until further orders, to ensure adequate domestic supply and contain local prices amid lower expected production.

May 14, 2026

Sensex, Nifty trade higher amid buying in pharma, banking stocks

Sensex rose as much as 462 points or 0.61 per cent to touch an intraday high of 75,071 in morning trade, while Nifty traded around 170 points or 0.72 per cent higher at 23,581.

May 14, 2026

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

Sensex, Nifty end volatile session marginally higher led by metal stocks

The 30-share Sensex closed 49.74 points, or 0.07 per cent, higher at 74,608.98 after witnessing sharp intra-day swings. During the session, the index touched an intra-day low of 74,134.48 and a high of 75,191.57.

May 13, 2026

India raises gold, silver import duty to 15% amid West Asia crisis and forex concerns

The Centre has raised import duties on gold and silver to 15% from 6% to curb rising imports and ease pressure on India's forex reserves amid the West Asia crisis. The move follows PM Narendra Modi's call to reduce gold purchases and fuel consumption.

May 13, 2026

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Articles by IBT Business Desk

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

Top 10 firms lose Rs 3.12 lakh crore in market value; Reliance Industries suffers biggest decline

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

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

Gold, silver surge nearly 4 pc this week amid geopolitical tensions, volatile crude

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

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

Sensex, Nifty end lower amid surge in crude oil prices

Gold, silver tumble up to 4 pc amid stronger dollar, rising crude prices

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

ITR filing process for AY 2026-27 officially begins

Indian markets trade flat amid mixed global cues, oil prices rise

Government raises gold, silver import duty to 15% amid West Asia crisis and forex pressure

Sensex settles 790 pts higher, Nifty tops 23,650; Eternal, DRL rise 3% each

Gold, silver decline up to 2 pc amid profit-booking

Govt prohibits sugar exports till September for domestic availability

Sensex, Nifty trade higher amid buying in pharma, banking stocks

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

Sensex, Nifty end volatile session marginally higher led by metal stocks

India raises gold, silver import duty to 15% amid West Asia crisis and forex concerns

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'