India has emerged as the most impacted market within emerging economies, experiencing $3.7 billion in outflows over the past three weeks, matching the total outflows from the entire emerging market basket, as global equity funds turn negative for the first time since January 2026 due to escalating geopolitical tensions.
India's retail inflation marginally increased to 3.4 per cent in March, up from 3.21 per cent in February, primarily due to an uptick in certain food items and the initial impact of the West Asia crisis on fuel prices, according to government data.
Steeplechaser Ankita Dhyani came up with a blistering run to clinch silver in the gruelling 3000m event with a personal-best time of 9:31.99 seconds.
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.
The government on Tuesday cut the import tariff value on gold and silver to $396 per 10 gram and $575 per kg, taking into account weak global trends.
Trading sentiment turned extremely bullish as gold and silver soared to a record levels in 31 years in global markets as inflation in China accelerated underscoring the challenge that central bankers worldwide face in combating rising prices.
The government on Friday slashed the import tariff value on gold and silver to $405 per ten gram and $642 per kg, respectively, in line with global trends.
Bullion traders said sustained buying by jewellery fabricators and retailers to meet the festive season demand mainly kept precious metal prices higher.
The ongoing wedding season could not boost the trading sentiment and low demand from jewellers and retailers was witnessed, traders said, adding that a weak global trend because of strengthening of dollar also reduced appeal for the bullion.
India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.
Gold prices rose further by Rs 10 to Rs 27,500 per ten grams in the national capital today on the back of pick-up in buying by jewellers to meet wedding season demand.
Indian boxers are set to compete at the Asian Championships in Ulaanbaatar, Mongolia, aiming for medals and direct qualification for major multi-sport events later in the year, including the Commonwealth Games and Asian Games.
Day Three of the Lakme Fashion Week x FDCI was all about bold styles that refused to blend in.
A weak trend was noticed in Mumbai, as gold of 99.9 and 99.5 per cent purity slipped by Rs 60 each to Rs 30,540 and Rs 30,390 per ten gram respectively, while silver lost Rs 200 at Rs 45,600 per kg.
The Target Olympic Podium Scheme (TOPS) Core group has been updated with the inclusion of rising stars like Samrat Rana and Gulveer Singh, while some established athletes have been dropped due to performance issues.
The Target Olympic Podium Scheme (TOPS) Core group has been updated, with rising stars like Samrat Rana and Gulveer Singh joining, while underperforming athletes such as H.S. Prannoy and Deepak Punia have been dropped.
Earlier, Kucerova and Lucy Myers of the USA had prevailed in a tense qualification shoot-off to secure the final berths ahead of India's Sabeera Haris, who finished seventh despite tying on 112 hits.
Gold in New York, which normally sets price trend on the domestic front, traded marginally up 0.07 per cent to $1,291.80 an ounce.
Traders said stockists selling against sluggish demand at prevailing higher levels amid weak global trend mainly kept pressure on precious metals.
Traders said apart from increased buying by jewellers and retailers to meet seasonal demand, a firming trend in global markets on increased tensions in Ukraine and weakening dollar mainly influenced precious metal prices.
India's junior shooting team is set to compete at the ISSF Junior World Cup in Cairo, with a strong contingent of 71 athletes participating in various events.
Precious metals closed at new historic highs at the Bullion market in Mumbai on Monday as silver zoomed by a whopping Rs 570 to end at Rs 19,890 and gold firmed up by Rs 30 to close at Rs 8,855.
Traders said sustained selling by stockists against sluggish demand and weakening global trend mainly kept pressure on precious metals.
Gold in Singapore, which normally sets price trend on the domestic front, fell by 0.9 per cent to $1,327.94 an ounce and silver by 1.6 per cent to $20.61 an ounce.
Gold and silver extended gains in New Delhi on Monday on sustained buying by stockists, driven by firm global trends.
Silver also jumped Rs 950 to Rs 44,750 per kg on increased offtake by jewellers and industrial units.
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The interest on foreign currency non-resident accounts has been liberalised to attract more deposits.
India recorded its best-ever showing at the Badminton Asia U-17 & U-15 Championships as Shaina Manimuthu and Diksha Sudhakar clinched gold medals in their respective categories in Chengdu, China, on Sunday.
Indian women wrestlers Hansika Lamba and Neha won bronze medals, while Meenakshi Goyat advanced to the final at the Senior Asian Wrestling Championships.
India's recurve and compound archers showcased their skills at the Asia Cup World Ranking Tournament Stage 1, securing top qualification spots in multiple events despite fielding a relatively inexperienced team.
'A price of $6,600/oz is now a reasonable target for gold.'
A weak global trend on speculation that signs of a strengthening US economy might reduce demand for the precious metals as safe haven also influenced the sentiment, traders said.
Lovlina Borgohain and Sachin Siwach secured victories, leading a strong Indian contingent into the finals of the BOXAM Elite International Tournament. Twelve Indian boxers, including eight women and four men, will compete for gold.
Ugandan Harbert Kibet and Ethiopian Muktar Edris will headline the 18th edition of the TCS World 10K Bengaluru, a World Athletics Gold Label Race with a total prize purse of USD 210,000.
High jumper Shailesh opens gold account for India, 2 world records shattered
The government on Friday slashed the import tariff value of gold to $535 per 10 gram and reduced the rate for silver marginally to $1,003 per kg due to weakening global prices of precious metals.
India is set to host the World Para Athletics Grand Prix, featuring athletes from eight nations competing in various track and field events. The event provides a crucial platform for both established and emerging para-athletes.
Indian boxers are set to compete at the Asian Championships in Ulaanbaatar, Mongolia, aiming for medals and direct qualification for major multi-sport events later in the year.
India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.
The tariff value, which is released every fortnight, is the base price on which the customs duty is determined to prevent under-invoicing.
