India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.
Traders said restricted buying from jewellers and retailers mainly kept precious metals at previous levels.
Silver followed suit, which traded lower by Rs 260 to Rs 38,540 per kg.
India's para archery team excelled at the World Archery Para Series in Bangkok, securing the top position with 13 medals.
Gold prices declined by Rs 50 to Rs 28,270 per ten grams in New Delhi on Monday on slackened demand from jewellers at prevailing levels amid a weak trend in global markets.
The government on Tuesday hiked the import tariff value on gold to $388 per 10 grams and that on silver to $487 per kg taking cues from global market.
Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.
India's top track and field athletes will compete in Ranchi for a chance to represent the country at the 2026 Commonwealth Games in Glasgow. The event marks the first time the Athletics Federation of India will conduct SRY Gene Tests at the national level to ensure fair competition in the women's category. The meet will also serve as trials for the inaugural Asian U23 Championships.
Indian boxing is considering rewarding boxers who perform well at major international events like the Asian Games with direct entry to the Olympic qualifiers, according to women's head coach Santiago Nieva.
Shyam Sunder Swami won a bronze medal for India at the World Archery Para Series in Bangkok, defeating teammate Rakesh Kumar in a close playoff. Anjum Tanwar finished fourth in the W1 women's individual event.
There's no doing basic when it comes to Raiza Wilson. As she turns 45, her style continues to stand out for all the right reasons.
Jammu and Kashmir Police have dismantled a job fraud and extortion racket, arresting five individuals and rescuing two victims held captive in Kolkata. The operation recovered 34 lakhs and exposed a scheme targeting youth with false promises of overseas employment.
Gold continued its rising streak for the third day and rose by Rs 20 to Rs 27,860 per ten grams in New Delhi on Friday on festive season demand from jewellers and retailers amid a firming global trend.
The government on Wednesday increased the import tariff value on gold and silver to $408 per 10 gram and $520 per kg, respectively in line with global prices.
The Indian men's recurve team produced its most stirring performance in recent memory to stun heavyweights South Korea in a nerve-wracking shoot-off to clinch its first Asian Archery Championships gold in 18 years, in Dhaka, on Friday.
Gold and silver zoomed to all-time highs in New Delhi on Monday on brisk buying by stockists and jewellers for the upcoming marriage season amid firm global cues.
Gold prices fell by Rs 50 to Rs 27,800 per ten grams in special Diwali trading in New Delhi on Thursday largely in tandem with a weakening global trend.
Ayush Shetty won a silver medal at the Badminton Asia Championships, losing to Shi Yu Qi in the final. Despite the loss, it was a remarkable achievement for the unseeded player.
The exchange also asked traders to square off their trading positions in three contracts -- gold February 2015, kapas March 2015 and kapas April 2015.
India is set to begin the international archery season with a mix of young talent and experienced archers at the Asia Cup Stage 1 in Bangkok, opting to test their squad depth ahead of the Asian Games.
The government on Friday hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price trends.
Silver followed suit and lost Rs 350 at Rs 43,950 per kg on reduced offtake by industrial units and coin makers.
Mirabai Chanu (48kg) clinched a silver medal at the World Championships in the 48kg category in Forde, Norway.
For last fortnight, the tariff value of gold was fixed at $382 per 10 grams and silver at $516 per kg.
Brisk buying for the ongoing marriage season and rising demand from industrial units resulted in this rise.
'Oil is still well below its all-time highs, and the world is gradually running out of known reserves.'
The Election Commission reports that poll-related seizures, including cash, drugs, and liquor, have surpassed 1,000 crore in West Bengal and Tamil Nadu.
India's exports experienced their steepest fall in five months, declining by 7.44 per cent in March to $38.92 billion, primarily due to trade uncertainty and geopolitical tensions, with shipments to West Asia contracting by over 50 per cent.
India's Ayush Shetty secured a spot in the Badminton Asia Championships final after defeating top seed Kunlavut Vitidsarn in a thrilling three-game match.
Himachal Pradesh's Sawan Barwal broke the 48-year-old national marathon record at the NN Marathon Rotterdam, clocking 2:11:58 and surpassing Shivnath Singh's 1978 record.
Gold plunged by Rs 340 to Rs 30,660 per ten grams in the national capital on Friday on fall in demand amid a steep decline in the global markets.
Defending champion Sarah Chelangat and Harbert Kibet aim for Ugandan victories in the TCS World 10K, a World Athletics Gold Label Road Race. Chelangat is fit and seeks to improve her time, while Kibet's impressive form makes him a favourite. Challengers include Brenda Jepchirchir and Fantaye Belayneh in the women's race, and Rodrigue Kwizera and Gemechu Dida in the men's race.
Shivam Lohakare won gold in the men's javelin throw at the Indian Open Throws Competition, while Kishore Kumar Jena secured bronze after returning from injury.
Rajkanwar Sandhu takes centre fire pistol gold, Ankur Mittal excels in double trap
The import tariff value is the base price at which the customs duty is determined.
Tariff value is the base price on which the customs duty is determined to prevent under -invoicing.
Traders said emergence of buying at existing lower levels to meet the ongoing marriage season demand mainly led to recovery in gold prices.
Aakriti Dahiya and Anjum Moudgil secured silver and bronze respectively in the women's 50m rifle 3 positions event at the Asian Shooting Championship, while Kazakhstan's Sofiya Shulzhenko set a new world record. India's Prachi Gaikwad also won gold in the junior women's 3P final.
Globally, gold prices slipped by 0.26 per cent to $1,246.20 an ounce in early trade in London.
Indian shooters continued their domination at the 25th Deaflympics here Tuesday, securing a double-podium finish by winning both the gold and bronze medals in the 10m air rifle mixed team event.
