Border trade between India and China through the Lipulekh Pass in Uttarakhand’s Pithoragarh district will resume this year after remaining suspended for six years, officials said, according to PTI.District Magistrate Ashish Bhatgai said preparations have been initiated following directions from the Union government for the trade session, which typically runs between June and September. The…
The price of bulk diesel sold to industrial users was hiked by about Rs 22 a litre on Friday, reflecting the spike in global oil prices amid conflict in the Middle-East, even as the rates of normal petrol and diesel remained unchanged.In Delhi, bulk or industrial diesel prices were raised from Rs 87.67 per litre…
India’s foreign exchange reserves declined by $7.052 billion to $709.759 billion in the week ended March 13, according to data released by the Reserve Bank of India (RBI) on Friday.In the preceding reporting week, the country’s overall reserves had dropped by $11.683 billion to $716.81 billion. The reserves had earlier touched an all-time high of…
Gold price prediction today (AI image) Gold price prediction today: Gold prices are range-bound and highly volatile in the current scenario, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,46,900 after witnessing a sharp decline followed by a recovery bounce. The price action indicates consolidation…
Gold prices surged by Rs 1,914 to Rs 1.46 lakh per 10 grams in futures trade on Friday, tracking firm global trends amid improving sentiment following signs of easing geopolitical tensions in West Asia, PTI reported.On the Multi Commodity Exchange (MCX), gold contracts for April delivery climbed by Rs 1,914, or 1.32 per cent, to…
The Central Board of Direct Taxes (CBDT) on Friday notified the Income-tax Rules, 2026 to operationalise the simplified direct tax legislation passed by Parliament last year, with the new framework set to come into effect from April 1. “These rules may be called the Income-tax Rules, 2026. They shall come into force on the April…
Asian markets showed a mixed performance on Friday, following modest losses on Wall Street and a retreat in oil prices after a sharp spike triggered by escalating Iran-Israel tensions.Oil had a volatile session on Thursday, with Brent crude briefly hitting $119 per barrel after Iranian attacks on Gulf energy facilities followed Israel’s strike on a…
There is a chance that North American LPG will gain a stronger foothold in the Indian import mix. (AI image) India is turning to the US to mitigate its ongoing LPG supply crisis as the war rages on in the Middle East. India gets around 60% of its LPG needs from the Gulf region, and…
QatarEnergy says Iranian missiles hit Ras Laffan Industrial City, causing “extensive damage” Iran’s unprecedented attacks on Qatar’s gas facilities would significantly dent the Gulf state’s liquefied natural gas (LNG) export capacity and result in losses running into billions of dollars, according to Qatar’s state minister for energy affairs, Saad al-Kaabi.“I never in my wildest dreams…
NEW DELHI: The commerce department on Thursday announced RELIEF – Resilience & Logistics Intervention for Export Facilitation – scheme, a Rs 497 crore package to help exporters with insurance support to navigate the challenge posed by the conflict in the Persian Gulf.Govt officials said more steps are on the anvil, with the finance ministry and…
