Chief Economic Adviser V Anantha Nageswaran on Wednesday said that the country is not pursuing any proposal to replace the US dollar as international currency for global trade. "No, certainly not. I think India is not part of any such initiative," he said in response to a question if India is looking at an alternative currency to the US dollar for global trade.
Gold prices inched closer to the psychological mark of Rs 1 lakh per 10 grams as the bullion rates surged Rs 1,650 in the national capital on Monday on weak dollar and uncertainties over US-China trade war driving demand. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity reached Rs 99,800 per 10 grams on Monday. Its value had declined Rs 20 to close at Rs 98,150 on Friday.
The Reserve Bank of India (RBI) on Wednesday came out with comprehensive draft guidelines to harmonise and regulate gold loans across all financial entities, including putting a cap of 75 per cent on loan-to-value (LTV) ratio. The draft guidelines also aim to address concerns related to certain lending practices, provide clarity on specific aspects, and strengthen the conduct-related standards in the sector.
Australian star all-rounder Glenn Maxwell is hopeful of regaining fitness in time for the latter half of the upcoming T20 International series against India after undergoing surgery on his fractured right wrist.
New investors should avoid short-term, tactical entries and instead go for staggered buying via ETFs to manage volatility.
Elavenil Valarivan strikes 10m air rifle gold; juniors continue dominance
Take our glam poll and tell us who wins the Battle of Black.
India has fielded a 12-member squad, the 2017 world champion and 2022 silver medallist Chanu remains the country's lone realistic medal contender.
Novak Djokovic felt unaffected by his recent losses to the top two players in the world, Carlos Alcaraz and Jannik Sinner, saying that while it is not ideal to lose big matches to the top talent regularly
Ace javelin thrower Neeraj Chopra on Thursday endured the pain of missing out on a medal after he finished a lowly eighth at the 2025 World Athletics Championships in Tokyo.
Indian shooters' quest to better their medal tally at the Asian Championships (rifle/pistol/shotgun) began with the men clinching the 10m air pistol team silver, while Faridabad marksman Anmol Jain missed out on an individual medal in the event, finishing sixth in Shymkent, Kazakhstan, on Monday.
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
Duplantis first broke the world record in February 2020, when he cleared 6.17 metres to eclipse France's Renaud Lavillenie. Since then, he's been inching it higher.
Portugal's Isaac Nader delivered a stunning upset at the World Athletics Championships, as he claimed a surprise gold medal in the men's 1,500 metres.
Hitesh credited the 10-day preparatory camp in Brazil for India's decent run in the tournament.
Showing superb control, Lim chose to slow the tempo in the second set but still outscored Gatha, who slipped to two 8s and a 9.
Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.
India's Anush Agarwalla won the the dressage event of the Jubilaumsturnier Hofgeismar Open to record his maiden victory with his mare Floriana in Hofgeismar, Germany.
Mixing strong defence with measured attack, young wrestler Antim Panghal won her second World Championship medal with a dominating 9-1 victory over U-23 World Champion Emma Jonna Denise Malmgren in the bronze play-off in Zagreb on Thursday, ensuring that the Indian contingent won't return empty-handed from the Croatian capital.
The government has decided to discontinue the Gold Monetisation Scheme (GMS) starting from Wednesday in view of the evolving market conditions, the finance ministry said. However, the banks may continue their short term gold deposit schemes (1-3 years), the ministry said in the statement on Tuesday. Till November 2024, approximately 31,164 kilograms of gold have been mobilised under GMS.
Sachin Tendulkar marvelled at India's rise in newer disciplines, while Abhinav Bindra paid tribute to all those who "silently carry the athletes forward" as the two icons offered their views on India's sporting growth on National Sports Day.
'People message me on Instagram saying that because of your novel, I find happiness, it helps me deal with depression. When I see this, I realise that I'm doing something meaningful'
Rashmika adds gold to India's tally in the junior competition.
Ritika bagged gold in the women's 80+kg category as India finished a creditable overall fourth in the Under-22 category of the Asian Boxing Championships in Bangkok on Monday.
Lionel Messi on Thursday confirmed his participation in the much-anticipated GOAT Tour of India 2025, calling it an "honour" to revisit the "passionate football nation" where he last played 14 years ago.
Vijayveer Sidhu won India's fourth gold medal at the ISSF World Cup after he emerged victorious in the men's 25m rapid-fire pistol event in Buenos Aires.
Customs officials in Kerala conducted raids across the state, seizing luxury vehicles illegally imported from Bhutan with forged documents. The operation, dubbed 'Operation Numkhor,' targeted multiple locations and uncovered a network involved in smuggling cars, gold, and drugs.
Suruchi Inder Singh produced yet another sterling performance in the 10m air pistol event in Lima, Peru, to win her second consecutive ISSF World Cup gold medal.
The Reserve Bank of India's (RBI's) draft guidelines on gold loans, if implemented in their current form, are expected to impact non-banking financial companies (NBFCs) and mid-tier banks in the near term, more significantly than larger banks, according to analysts.
India's recurve archers once again flattered to deceive at the World Championships as the women's team lost to South Korea in the bronze medal play-off.
'If I'm proud to be single it's because Lata was so blissfully single.'
The final line-up includes strong contenders like Sri Lanka, China, and Kazakhstan, with Sri Lanka boasting of the season's fastest of 3:01.56.
Jaismine, Nupur assure India medals at World Boxing Championships; Nikhat bows out
Aus ODIs: Bumrah, Gill workload to be discussed, battle between Jaiswal and Abhishek
India's forex reserves jumped by $3.51 billion to $694.23 billion for the week ended August 29, the RBI said on Friday. The overall reserves had dropped by $4.39 billion to $690.72 billion in the previous reporting week.
Kannada actress Ranya Rao, along with businessman Tarun Raju and jewellery dealer Sahil Jain, had their judicial custody extended until April 21 in connection with a gold smuggling case. The trio is accused of orchestrating the illegal import of gold worth over Rs 12.56 crore from Dubai to India. The case came to light in March 2025 when Rao was apprehended at Bengaluru's Kempegowda International Airport with 14.8 kilograms of gold allegedly smuggled from Dubai. Investigations revealed her association with Vira Diamonds Trading, a Dubai-based firm she co-founded with Tarun Raju, which authorities allege was used as a front for smuggling operations. Raju was arrested following evidence of his involvement in purchasing gold in Dubai and facilitating its illegal transport to India. Jeweller Sahil Jain is suspected of assisting Ranya in selling approximately 49 kilograms of smuggled gold valued at over Rs 40 crore and managing hawala transactions.
Because the four -- Kajol, Twinkle, Aamir and Salman -- have worked together in the past, their banter has the high spirits of a college reunion, observes Deepa Gahlot.
Polish model and actor, and Bigg Boss contestant, Natalia Janoszek maintains a svelte bikini bod.
India's gold demand witnessed a 15 per cent on-year decline to 118.1 tonnes in the January-March quarter of this year, even as value grew by 22 per cent to Rs 94,030 crore due to surging prices, the World Gold Council (WGC) said on Wednesday. According to the WGC forecast, India's gold demand for 2025 is expected to be between 700-800 tonnes.
While the women scripted history, delivering India's best-ever overseas showing, the men endured a humbling low, returning without a single medal for the first time in 12 years.
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