Gold price prediction today: Amid the Middle East conflict, gold prices are likely to see limited upside in the short-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
Typically, the Directorate General of Foreign Trade, operating under the Ministry of Commerce and Industry, issues a notification at the beginning of each financial year specifying the banks authorised by the Reserve Bank of India to import gold and silver.
The US has slapped a hefty 123.04% anti-dumping duty on Indian solar cells and modules, citing “critical circumstances.” This, combined with existing duties, makes US shipments unviable. However, Indian solar firms have already diversified exports to Europe and West Asia, mitigating the immediate impact. The industry plans to challenge the “flawed” findings.
India’s cooking gas use plunged 13% in March, hit by Middle East conflict-induced supply snags. While household needs were prioritized, commercial LPG consumption saw a drastic drop. Domestic production was boosted to compensate for import disruptions, though overall fiscal year LPG demand still grew. Jet fuel demand remained flat, but petrol and diesel consumption showed…
Bangladesh is exploring a proposal to refine Russian crude oil in India before importing the finished fuel, aiming to ease supply pressures from the West Asia conflict. The Energy and Mineral Resources Division has requested approval to discuss a government-to-government agreement with India, as its local refinery cannot process Russian crude.
Several changes are expected to reduce the tax burden for the salaried class in general. We take a look at top 10 things salaried taxpayers should know going into the new financial year 2026-27: