Gold and silver prices rose, with the US dollar steady against major currencies. Gold Price Gold (per oz): $4,083.40 (↑) Gold 24K (per 10g): ₹1,257,600 approx Gold 22K (per 10g): ₹1,151,400 approx Silver Price Silver (per oz): $63.89 (↑) (₹6,120 approx) Silver (per kg): $1,954.85 (₹1,870,000 approx)

India and Russia are preparing to host the first INNOPROM International Industrial Technology Exhibition in India, marking a fresh push in their expanding economic and industrial partnership. The event is scheduled to take place from September 9 to 11 at Bharat Mandapam Exhibition and Convention Centre in New Delhi, bringing together manufacturers, investors, technology companies, industrial buyers and government representatives. The exhib

Strengthening India-Venezuela Relations Prime Minister Narendra Modi held a high-level meeting with Venezuela's Acting President Delcy Rodriguez in New Delhi on Thursday. The meeting took place at Hyderabad House, where both leaders discussed the full spectrum of India-Venezuela relations. Key focus areas included energy security, trade and investment, pharmaceuticals, healthcare, transportation, and renewabl

South Africa’s Deputy President Shipokosa Paulus Mashatile said India remains a reliable partner as he pushed for deeper India-South Africa trade ties during a working visit to New Delhi. Mashatile used the New Delhi leg of his six-day visit to invite Indian companies to expand investment in South Africa, especially in clean energy, pharmaceuticals, ICT, automotive components, infrastructure, agriculture and agro-processing. Mashatile seeks stronger India-South

Illinois lawmakers voted to delay the state’s swipe fee law for another year, keeping the fight over card fees on sales taxes and tips in court and before federal regulators. The delay affects the Interchange Fee Prohibition Act, or IFPA, a first-of-its-kind Illinois law that would restrict banks, credit unions and card companies from collecting interchange fees on the tax and tip portions of debit and credit card transactions. Illinois Swipe Fee Law Delay Exten

India-Canada Trade Talks Gain Momentum In May 2026 Union Commerce and Industry Minister Piyush Goyal is set to visit Canada from May 25 to May 27, 2026, as India and Canada work to rebuild economic confidence and push bilateral trade toward a $50 billion target by 2030. The visit comes at an important time because both countries are trying to move beyond recent diplomatic strain and focus on business, investment, energy, and technology cooperation. Goyal w

Bengaluru police have registered cases against MobiKwik and Lendbox, following complaints from investors who claim that their funds are blocked under the MobiKwik Xtra investment scheme. The complaints allege that the fintech companies promised high, fixed-deposit-like returns and easy withdrawals but later restricted access to invested money. Authorities say more than 1,050 investors across India could be affected, with combined exposure of over Rs 11.9 crore. Investors hav

Andhra Pradesh has emerged as a hotspot for fresh investments, as evidenced by the announcements made during the 17th State Investment Promotion Board (SIPB) meeting. The state continues to attract national and international investors across various sectors, such as renewable energy, green hydrogen, bio CNG, manufacturing, and data infrastructure, bringing an unprecedented boost to its industrial and employment landscape.

Regulatory action culminates in license cancellation What happened to Paytm Payments Bank? RBI cancels its license after violations forms the central development in India’s financial sector, as the Reserve Bank of India revoked the banking license of Paytm Payments Bank Ltd wi

Voluntary buyouts introduced for U.S. workforce amid AI shift Microsoft is offering voluntary buyouts to a portion of its U.S. workforce, marking the first such initiative in the company’s 51-year history. The move comes as the broader technology sector adjusts to rapid changes driven by the rise of artificial intelligence. According to a person familiar with the plan,

Amid ongoing global economic challenges linked to the pandemic, Infosys has reportedly initiated a major financial technology project called Mumbai AI. The initiative, backed by a reported $1.5 billion investment in bitcoin, is positioned as an effort to expand access to cryptocurrency markets for everyday users. The project was initially kept confidential at the request of Infosys founder Narayana Murthy while development was underway. Murthy stated that the company’s broader goal

JSW Steel and POSCO have entered into a joint venture agreement to establish a new steel manufacturing plant in Odisha. The development comes at a significant time, coinciding with the official visit of the South K

Yogi Adityanath UP model explained: A transformation strategy for India’s largest state The Yogi Adityanath UP model has emerged as a major topic in India’s political and economic discussions. Focused on law and order, infrastructure expansion, and investment growth, the model aims to transform Uttar Pradesh into a key economic hub. Since taking office, Yogi Adityanath has posi

Mark Mobius, a pioneer in global investing and a key figure in emerging markets, passed away on April 16, 2026, at the age of 89. Widely regarded for transforming investment strategies in developing economies, Mobius played a crucial role in directing billions of dollars into markets across Asia, Africa, Latin America, and Eastern Europe. Over a caree

A new report from Policybazaar highlights a significant rise in term insurance purchases by non-resident Indians (NRIs), with overall demand doubling over the past two years and younger buyers playing an increasingly central role in the trend. According to the findings, individuals between the ages of 25 and 35 now account for 54% of total demand, up from 44% in 2024. This shift underscor

India and New Zealand are expected to sign a Free Trade Agreement (FTA) on Thursday, April 24, 2026, in India, marking a significant step toward strengthening bilateral trade and economic cooperation. The agreement, which follows the conclusion of negotiations announced on Sunday, December 22, 2025, is expected to provide tariff-free access for Indian exporters to the New Zealand market while attracting an estimated $20 billion in investment over the next 15 years. According to offi

Gold prices have recently fallen below the Rs 1.5 lakh mark, sparking interest among investors wondering whether this is the right time to buy or if it’s better to wait. As geopolitical tensions rise, particularly in the Middle East, and the US dollar strengthens, precious metals have come under pressure, prompting many to reconsider their investment strategies. Gold, which was trading at Rs 1,49,513 on the Multi Commodity Exchange (MCX), faced a dip of Rs 167, while silver droppe

OpenAI has identified its close relationship with Microsoft as a potential business risk, according to a financial document shared with prospective investors as part of its latest funding round. The disclosure highlights the company’s reliance on Microsoft for a significant portion of its financing and computing infrastructure, raising concerns about concentration risk as it prepares for a possible initial public offering. The document, which includes detailed risk factors related to both

Salaried employees often claim House Rent Allowance (HRA) for rent paid to family members, such as parents or spouses, under the current tax regime. However, under the proposed draft Income-tax Rules, 2026, such arrangements may soon undergo closer scrutiny, especially if the rent exceeds Rs 1 lakh in a financial year. The new rules, if implemented, would require taxpayers to disclose their relationship with the landlord along with other details like the landlord’s name, address, and PAN nu

Trading gold and silver futures on India’s major commodity exchanges has become more affordable after the Multi Commodity Exchange (MCX) and the National Stock Exchange (NSE) removed additional margin requirements that were imposed earlier due to market volatility. This move is expected to make futures trading more accessible, especially for retail traders and smaller investors, as it reduces the amount of upfront capital required to enter these contracts. The decision reflects stabilizing