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 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.
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.
'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.'
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.
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.
India captain Shreyas Iyer addressed the media ahead of the T20I series opener against England, discussing team selection, particularly the potential debut of Vaibhav Sooryavanshi. Iyer emphasised the importance of backing experienced players who won the T20 World Cup and reflected on India's recent series loss to Ireland, highlighting lessons learned for the upcoming challenging series in England.
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.
FIFA World Cup 2026: Vinicius Jr speaks on emotional bond with grandmother, racism and WC journey
Following a stunning T20I series triumph against World champions India, Ireland coach Heinrich Malan has stepped down from his role.
Netherlands striker Cody Gakpo and his partner experienced the tragic loss of their unborn son. The national team, including coach Ronald Koeman and captain Virgil van Dijk, has offered immense support, allowing Gakpo time off with his family during the World Cup. Despite the personal tragedy, Gakpo is expected to play in the upcoming match against Morocco, showing remarkable fortitude.
Here are all the details you need to know about the NEET-UG re-exam.
Viswanathan Anand will not seek re-election for a third term as Deputy President of FIDE.
Indian rugby player Sumit Kumar Roy highlights the critical role of international exposure and the Rugby Premier League in the team's recent success, including a silver medal in Asia's top rugby sevens competition. The team aims for the 2030 Commonwealth Games and 2036 Olympics, learning from global players and focusing on discipline. Uruguay's Diego Ardao also emphasizes the need for skilled coaches and dedicated players to develop the sport in India, acknowledging the nation's vast potential despite the long road ahead for Olympic aspirations.
'Bhagyaraj sir was a creative genius whose contributions to Indian cinema go far beyond what many people know.'
US Secretary of State Marco Rubio on Friday (local time) announced a US-mediated framework agreement between Israel and Lebanon aimed at achieving "lasting peace and security".
The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
Researchers have found that brainwave synchrony between individuals can be used to guide and improve social interactions, potentially "engineering" social connectedness. Studies involving thousands of participants, including collaborations with musicians and artists, demonstrated that being "on the same wavelength" is linked to healthy social relationships and can be boosted through interventions. This phenomenon, termed 'social synchrony', aligns brain, body, and language rhythms, playing a crucial role in social cohesion and learning.
The Indian government has dismissed concerns that the use of E20 fuel could affect the validity of vehicle insurance policies, stating that the ethanol blending programme remains safe, consumer-friendly, and economically beneficial.
It's absolutely okay for two partners in a relationship to be widely different in their likes and dislikes, says rediffGURU Anu Krishna.
Indian oil-marketing companies (OMCs) have incurred LPG underrecoveries of approximately Rs 22,000 crore between March and May 2026, as domestic cooking gas prices failed to keep pace with surging international rates exacerbated by the West Asia crisis, according to a Crisil report.
Chinese Foreign Minister Wang Yi met with National Security Advisor Ajit Doval in New Delhi, stressing the importance of respecting each other's "core interests" and implementing leaders' consensus for stable bilateral relations. Wang highlighted that India and China should view each other as partners, not rivals, and properly handle sensitive issues like the border dispute to foster cooperation and accelerate the modernisation of the Global South.
Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.
Gynaecologists are noticing a gradual rise in POI cases, with a few women under 40 being diagnosed every month.
IIT Madras, in partnership with Herbalife International India, has inaugurated India's first Centre of Excellence for plant cell fermentation technology. This new facility aims to be a national hub for sustainable innovation, research, and development, focusing on producing herbal biomass, enriched extracts, and high-value phytochemicals, while bridging the gap between lab research and industrial applications.
Neeraj Chopra will compete in the Asian Games in Japan in September-October in his bid to defend the title.
The ICAR-Central Institute of Fisheries Technology (ICAR-CIFT) has secured an Indian patent for a novel technology designed to make live fish and aquatic animal transport safer and more efficient without the use of chemicals. This innovative system employs controlled hypothermic anaesthetisation, gradually cooling aquatic animals to prevent shock and improve survival rates during transit, offering a practical and affordable solution for the seafood industry.
Shafali Verma believes that keeping the game plan simple is the best way for India to get the better of Australia in their must-win Women's T20 World Cup clash at Lord's on Sunday.
'All of that combined makes a Hindustani film.'
