NEW DELHI: The government on Wednesday raised import tariffs on gold and silver to 15% from 6%, according to Reuters. The move is aimed at curbing precious metal imports and easing pressure on India’s foreign exchange reserves.The sharp increase in duties comes just days after Prime Minister Narendra Modi urged Indians to avoid buying gold…

The breakout level of 156,000 level from the formation and last week’s key support, remains the crucial floor to watch. Gold and silver price prediction today: Gold prices are showing encouraging signs and the near-term trend remains bullish, while the base trend for silver also remains positive, says Abhilash Koikkara, Head – Forex & Commodities,…

The Income Tax Department seized all these items and the Assessing Officer (AO) asked the woman to produce bills. (Image for representative purpose only) A woman, who has been married for 35 years and lives with her husband in Navi Mumbai, found herself caught up in a tax dispute over jewellery that was seized by…

India’s crude imports hit year-high in September India has kept the crude flowing even as the Middle East conflict has choked global energy supply chains for over seven months. Imports surged to a year-high of 5.26 million barrels a day (mbd) in September, powered by a surprise jump in Gulf supplies.The rise in shipments from…