'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
A CPI(M) worker in Kerala has been booked for allegedly installing a flex board expressing support for Congress leader KC Venugopal in the Kerala Chief Minister race, sparking a political row.
The Pension Fund Regulatory and Development Authority (PFRDA) has launched a new Retirement Income Scheme (RIS) and drawdown options under the National Pension System (NPS), offering greater flexibility for managing pension savings post-retirement. Additionally, PFRDA has eased annuity surrender rules, allowing exits in cases of critical illness or for older contracts with explicit surrender clauses.
Royal Challengers Bengaluru's Phil Salt has returned to England for scans on a finger injury sustained last month, sidelining him from recent IPL matches.
Xiaomi has introduced its new S Mini LED series of smart televisions in India, marking its entry into Mini LED technology with enhanced picture quality, superior contrast and increased brightness. The series is available in 55, 65, and 75-inch sizes, with prices starting from 51,999, and offers banking discounts and EMI options.
The OnePlus Nord CE6 features a 6.78-inch 1.5K AMOLED display with a 144 Hz refresh rate, a Snapdragon 7s Gen 4 chipset, a 50MP main camera, and an 8,000 mAh battery with 80W SUPERVOOC charging.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
Asian Games silver medallist Deepak Punia showcased his dominance at the National Open Ranking Tournament, reaching the 92kg final without conceding a point. The event faced logistical challenges due to high participation, with weigh-ins delayed and medal rounds postponed.
Kerala Blasters FC showcased a dominant second-half performance to defeat Mohammedan Sporting 3-1, extending their unbeaten streak to five matches in the Indian Super League. Goals from Francisco Feuillassier, Victor Bertomeu, and Sreekuttan M S sealed the victory for the hosts.
'Whether you will bring this down and cause hurt to senior citizens, who are probably living on that little interest rate that they earn out of it... But equally, if I just look at the kitty of the National Small Savings Fund, it is from that same kitty that I'm borrowing.'
The Uttar Pradesh Anti-Terrorism Squad (ATS) has arrested two youths for allegedly conspiring to carry out terror attacks at key installations in the state, acting on directions from Pakistan-linked operatives.
You can compound money. You cannot compound being young and stupidly in love. So? 'Don't Play Small' this Valentine's Day
The Centre has announced that the Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act will come into force across the country from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act.
Odisha FC defeated Sporting Club Delhi 2-1 in their Indian Super League match, thanks to early goals from Suhair VP and K Lalrinfela. SC Delhi's Matija Babovic scored a penalty, but Odisha held on for the win.
Barca's capped a dominant La Liga campaign with a 2-0 win over Real Madrid to claim their 29th La Liga crown at the Camp Nou in Barcelona on Sunday.
D Gukesh finished tied fourth in the Super Rapid and Blitz Tournament after defeating Fabiano Caruana, marking a return to form after recent struggles.
Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. The interest slabs and rates for higher balance accounts remain unchanged. Despite the revision, the bank continues to offer one of the highest savings account interest rates in the industry among mid-sized banks.
Sporting Club Delhi and Punjab FC played out a goalless draw in their Indian Super League match, with both sides failing to convert their chances.
Billie Eilish: Hit Me Hard and Soft: The Tour: Live in 3D is packed with moments that are clearly meant to make die-hard fans go 'Aww,' but they don't really give a true look at the person behind the artist, notes Mayur Sanap.
Jonty Rhodes reflects on the evolution of fielding, praising modern cricketers' athleticism and boundary skills while admitting the game has moved to another level.
With all the talent involved, Bandar does look like it's aiming for something wild and exciting, notes Mayur Sanap.
'It has always been viewed as a hedge against inflation.'
Rather than wasting time on rhetoric, emotions and drama, if Aakhri Sawal had engaged in a serious debate with more controversial questions and stronger arguments to counter them, it would have enriched the viewer as well as lifted the discourse, observes Utkarsh Mishra.
India's impressive run in the AFC Women's U17 Asian Cup concluded with a 3-0 defeat against China in the quarter-finals, ending their hopes for a historic qualification for the 2026 FIFA U17 Women's World Cup.
As Prime Minister Narendra Modi urges Indians to travel less, rising fuel prices are already changing driving habits.
Tottenham Hotspur missed a chance to move clear of relegation danger after Dominic Calvert-Lewin earned Leeds United a 1-1 Premier League draw in North London.
Delhi Police have arrested four individuals involved in an interstate racket manufacturing and distributing counterfeit prescription drugs, uncovering an illegal processing unit in Delhi.
FC Goa defeated NorthEast United FC 2-0 in an Indian Super League match, with goals from Dejan Drazic and Mohammed Yasir. The win moved FC Goa to second place in the league standings.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
The CBI has registered a corruption case against Rajni Kant Agrawal, the former chairman-cum-managing director of Water and Power Consultancy Services (WAPCOS), following a complaint from the Ministry of Jal Shakti.
India U17 team will look to bounce back from their defeat against Australia as they face Uzbekistan in their final Group D match of the AFC U17 Asian Cup Saudi Arabia 2026 campaign.
Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.
A fire in a residential building in Delhi's Vivek Vihar area resulted in the deaths of nine people. Rescue operations were carried out, and the cause of the fire is under investigation.
India could save $1 billion in crude oil imports annually if the country switches 10 per cent of its diesel usage in the transport sector to liquefied natural gas.
A 40-year-old lost Malayalam cinematic gem, John Abraham's Amma Ariyan, has been meticulously restored in 4K by the Film Heritage Foundation and is now set to grace the prestigious Cannes Classics section
Two men have been arrested for the alleged theft of gold ornaments worth Rs 1.13 crore at the house of Karnataka Housing Minister B Z Zameer Ahmed Khan in Bengaluru last month, police said.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
India's Under-17 Women's team secured a 4-0 victory against Lebanon in the AFC Under-17 Women's Asian Cup, boosting their chances of reaching the quarterfinals for the first time in 21 years.
