Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.
India's crude oil imports from Russia reached a record high of approximately 2.73 million barrels per day (mbpd) in June, driven by discounts of $2-5 a barrel. This surge comes as the West Asia crisis disrupted supplies from traditional sources and China reduced its own purchases, leading Russia to offer more favourable terms to India.
India's Goods and Services Tax (GST) collections saw a significant 14 per cent increase in June, reaching approximately Rs 1.95 lakh crore. This surge was primarily driven by a substantial 34.6 per cent growth in tax mop-up from imports, alongside a 6.5 per cent rise in domestic supplies, reflecting the country's economic resilience despite global uncertainties.
India significantly increased its crude oil imports from Russia and the United Arab Emirates in June, securing supplies as the Strait of Hormuz began to reopen, with Russian barrels remaining attractive due to discounts and UAE supplies offsetting earlier uncertainties.
As India awaits Vaibhav Sooryavanshi's senior debut, experts urge cricket to remember the 15-year-old is still a child, highlighting the challenges of balancing extraordinary talent, growing fame and emotional well-being.
A court in Mumbai sentenced a customs clearing agent to two years' imprisonment in four cases of import duty evasion, while acquitting three others due to flawed investigation by the CBI.
The US Trade Representative has proposed an additional 12.5 per cent duty on goods from 54 countries, including India, citing their failure to prohibit the import of goods produced with forced labour. India has denied the allegations and called for the matter to be resolved through bilateral trade negotiations.
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
How India overcame umpteen odds to reintroduce the cheetah on its territory after the handsome cat became extinct in the country decades earlier.
If you are feeling depressed, just watch this 15 year old on your TV! Your blues will fly away, exclaims Colonel Anil A Athale (retd).
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
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.
The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.
Police in Nanded, Maharashtra, seized nearly 5,000 'import quality' sharp-edged weapons from an abandoned godown, suspecting their potential use in organised crime.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.
Vaibhav Sooryavanshi is yet to make his India T20I debut despite all the hype and former India keeper Parthiv Patel reckons he will get his opportunity sometime in the ongoing series against England.
'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'
Brazil head coach Carlo Ancelotti has confirmed that star forward Neymar is fully fit for the World Cup but acknowledged the player's frustration over limited game time. Ancelotti praised Neymar's character and confirmed he can play a full 90 minutes, indicating he will be deployed when the team needs him.
Gujarat Titans pacer Prasidh Krishna discusses the importance of bowlers developing variations to combat the dominance of batters in the high-scoring environment of T20 cricket, emphasising the need for adaptability and skill execution.
The arms trade surplus grew tenfold, reaching $691 million in FY26 from $63 million in FY18.
Former PepsiCo CEO Indra Nooyi asserts that India and the United States are natural partners, crucial in the geopolitical competition with China. She highlights India's pivotal role as the world's largest democracy with a young, English-speaking population, despite its "chaotic" nature. Nooyi also discusses the need for leaders to understand each other's perspectives to maintain strong bilateral ties.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
Indian researchers from ICMR-National Institute for Research on Women's Health and IIT Bombay have developed an indigenous "placenta-on-chip" platform. This microphysiological system mimics the human placental barrier, reproducing essential functions like hormone production and nutrient transfer. It offers a simple, scalable tool for studying placental biology, pregnancy complications, and drug effects, aiming to reduce reliance on animal experimentation.
'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'
India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.
Matthew Hayden says the European T20 Premier League can establish itself as a talent-development platform for Europe's associate nations, stressing that ETPL's strength lies in creating pathways to global franchise cricket rather than competing with the IPL.
Prime Minister Narendra Modi on Tuesday interacted with government secretaries and discussed with them on two key issues -- deregulation and other reforms for 'ease of doing business' and 'ease of living' and promoting 'Aatmanirbharta'.
Prime Minister Narendra Modi addressed his Japanese counterpart Sanae Takaichi as his 'younger sister' and hailed her as a 'visionary and popular leader' during a joint press meet, where both leaders unveiled initiatives to deepen bilateral cooperation and strengthen the India-Japan Special Strategic and Global Partnership.
The Shri Ram Janmabhoomi Teerth Kshetra Trust is set to convene in Ayodhya to discuss the preliminary report of the SIT investigating the Ram Temple donation theft. The agenda includes reviewing the resignations of general secretary Champat Rai and trustee Anil Mishra, considering the appointment of a CEO, and approving financial statements. The meeting comes amidst ongoing police and SIT investigations, with eight arrests made in connection with the theft.
The Petroleum Planning and Analysis Cell (PPAC) has denied an RTI request for data on oil imports from Russia, citing its 'commercial and confidential' nature and exemptions under the RTI Act. The Central Information Commission supported this decision, referencing strategic and economic interests.
England's World Cup campaign has increasingly come to rest on the shoulders of Harry Kane, whose goals, link-up play and ability to deliver in decisive moments have repeatedly rescued a side still searching for fluency and conviction.
History may remember Takaichi Sanae not as the leader who simply accelerated Japanese rearmament, but as one who governed during Japan's transition from an industrial-age security model to a post-industrial strategic member of the global order, points out Varun Arya.
Indian women's hockey coach Sjoerd Marijne acknowledges the tight schedule between the World Cup and Asian Games but expresses confidence in the team's ability to manage the physical demands. Former captain MM Somaya also highlighted the importance of the World Cup as preparation for the Asian Games, where a gold medal secures a spot in the 2028 Los Angeles Olympics.
Prime Minister Narendra Modi held a telephonic conversation with Iranian President Masoud Pezeshkian, discussing recent developments in West Asia and reiterating India's emphasis on the importance of freedom of navigation in the Strait of Hormuz. Modi welcomed the recent peace understanding between the US and Iran, stressing dialogue and diplomacy for regional stability. India will also send representatives to the burial ceremonies of Iran's late Supreme Leader.
Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.
Railway Minister Ashwini Vaishnaw will inaugurate the underground tunnel-boring work from Vikhroli to the Bandra Kurla Complex station in Mumbai on Sunday, marking the maiden use of a tunnel boring machine for the country's first bullet train project, between Mumbai and Ahmedabad.
FIFA World Cup 2026: Vinicius Jr speaks on emotional bond with grandmother, racism and WC journey
A new study in mice reveals that psychological stress can significantly alter the gut microbiome, leading to changes in blood-forming stem cells and increasing the risk of conditions like heart disease and diabetes. Researchers found that stress impacts specific brain regions, which in turn affect intestinal microbiota balance and hematopoietic stem cell function.
The RSS leader said post-Partition, people consciously decided to come to India from the other side, because they wanted to live in the land which is Bharat, where they can follow their religion without fear.
Matthew Hayden cautions young cricketers against blindly copying Vaibhav Sooryavanshi's fearless batting style, backs Shubman Gill's consistency, and raises concerns over the future of bilateral ODI cricket amid the franchise boom.
