Gold, Silver Rate Today Live Updates: Gold, silver prices up in domestic market on import duty measure; set for weekly decline in international markets

India, the world’s second-largest consumer of gold after China, largely imports the precious metal to meet demand from the jewellery sector. These purchases result in a significant outflow of foreign exchange. Under the duty revisions announced on Wednesday, the government doubled the basic customs duty on gold to 10%, while the agriculture infrastructure and development…

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SUVs, 2-wheelers power auto sales growth in April

NEW DELHI:India’s automobile industry began FY27 with strong growth across segments, led by rising demand for SUVs and two-wheelers, even as concerns persist over higher commodity prices linked to tensions in West Asia.Domestic passenger vehicle sales rose 26% year-on-year to nearly 4.4 lakh units in April, according to data released by the Society of Indian…

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Auto exporters dodge West Asia pothole

Chennai: India’s automobile exporters began the new fiscal year in buoyant form. Shipments of locally made cars, utility vehicles and two-wheelers rose at a double-digit pace in April, despite logistical snarls triggered by tensions in West Asia. For now, exporters point out that diversification across markets is cushioning the blow. Passenger vehicle (PV) exports were…

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Stock recommendation by brokers for May 15, 2026

Top stocks to buy (AI image) HSBC has initiated its coverage of SRF with a buy rating and the target price at Rs 3,390. Analysts said SRF was one of India’s largest chemical manufacturing companies, with 50% of its revenue coming from overseas. Improving fundamentals in specialty chemicals and performance films to drive a 26%…

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India Inc turns to WFH, EVs

BENGALURU/MUMBAI: Prime Minister Narendra Modi’s call for austerity measures to reduce fuel consumption and conserve foreign exchange is beginning to ripple through corporate India, prompting companies and industry bodies to revive work-from-home policies, curb travel and push greener logistics initiatives.The shift marks a significant change in corporate messaging after several large companies spent the past…

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Drained Nikhat Zareen suffers shock trials exit

Nikhat Zareen (Image credit: X) PATIALA: Two-time world champion Nikhat Zareen suffered a heartbreaking exit from boxing selection trials for the upcoming CWG and Asian Games on Thursday. But beyond the disappointment of defeat, Nikhat revealed the physical and mental toll of a chaotic two-week build-up that she described as “torturous” for boxers.Competing in the…

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