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2 mins read

Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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3 mins read

iPhone price cut – Apple announces price cut after reduction in customs duty

As expected, the recently announced reduction in basic customs duty (BCD) on smartphones in the Bud…

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1 min read

Sitharaman announces cut in customs duty on gold, silver to 6%

The reduction in basic customs duty of gold, silver and platinum has been a long pending demand…

PTI   


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4 mins read

FM cuts customs duty on minerals critical for energy transition

"We will bring out a policy document on appropriate energy transition pathways that balances th…

PTI   


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2 mins read

Wall Street is cutting outlooks for Chinese stocks just weeks after a stimulus blitz

Analysts are now warning of more headwinds for Chinese equities after turning bullish on the stocks…

Kelly Cloonan   


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1 min read

Govt hikes windfall tax on crude petroleum, cuts levy on diesel

The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…

PTI   


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Wounded Russian troops had their medical payouts cut back in one swift move from the Kremlin

Russian troops wounded in Ukraine were to each be given about $30,000. But that's now been reduced …

Matthew Loh   


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3 mins read

Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors

After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…

PTI   


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Budget 2024 – Customs duty on mobile phones, chargers and more reduced

Finance Minister Nirmala Sitharaman today presented the Union Budget 2024-25 in the parliament, unv…

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3 mins read

Here's what will get cheaper and costlier after this Budget

One aspect that always garners much traction on the Budget day is what got cheaper and what got cos…

ANI   


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Government should rationalise customs duty in Budget to boost domestic manufacturing: Indian Chamber of Commerce

The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in …

PTI   


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Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year

Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…

ANI   


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A Trump win could prompt the Fed to hit pause on its rate-cutting cycle, JPMorgan strategy chief says

A Trump win would likely come with a host of inflationary policies that would make it difficult for…

Kelly Cloonan   


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4 mins read

Gold, silver import from UAE surged 210% in 2023-24; Need duty revision in FTA: GTRI

India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 21…

PTI   


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Canada to cut study permits for International students by 35%, Indian students to be impacted

Canada has announced a reduction in study permits for international students, impacting many Indian…

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1 min read

Govt cuts windfall tax on domestic crude, export of diesel, ATF

The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/…

PTI