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…
Hardik Pandya (ANI Photo) NEW DELHI: Mumbai Indians skipper Hardik Pandya dropped a major hint about his whereabouts through his latest Instagram story, where the star all-rounder was seen training at the Reliance facility in Mumbai amid doubts over his availability for MI’s next IPL 2026 clash against Punjab Kings in Dharamsala on Thursday.The all-rounder,…
Royal Challengers Bengaluru’s Virat Kohli (ANI Photo) Kolkata Knight Riders assistant coach Shane Watson admitted his side are hoping for an early mistake from Virat Kohli when KKR face Royal Challengers Bengaluru in a crucial IPL 2026 clash on Wednesday.Kohli has once again been among RCB’s standout performers this season, scoring 379 runs in 11…
MUMBAI: As tensions prevailing in West Asia rattled global markets, sending crude prices soaring and the Indian rupee to new lows, sensex lost another 1,456 points (1.9%) to close below the 75K mark, at 74,559 points.In two sessions this week, sensex has lost nearly 2,800 points or over 3% while in four sessions since May…
Muhammad Rizwan of Pakistan (Photo by Sameer Ali/Getty Images) A dramatic final-session collapse in Dhaka saw Pakistan suffer a 104-run defeat against Bangladesh in the opening Test on Tuesday, as Nahid Rana’s five-wicket burst turned the match on its head and gave the hosts a 1-0 lead in the two-Test series.Chasing 268, Pakistan appeared to…
NEW DELHI: Retail inflation, based on consumer price index (CPI), inched up for the third consecutive month to 3.5% in April from 3.4% in March on account of acceleration in food prices, data released by NSO showed Tuesday. The food index rose 4.2% in April, above 3.9% in the preceding month. Fuel inflation decelerated sharply…
NEW DELHI: The ongoing West Asian crisis is a “live balance of payments stress test” for the country – directly impacting inflation, the exchange rate and the current account, chief economic advisor V Anantha Nageswaran said at the CII Annual Business Summit Tuesday. “Managing the current account credibly, financing it and preventing further currency depreciation…
NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said the ongoing global challenges should act as a “wake-up call” for Indian industry to become self-efficient and productive, make better use of free trade agreements, and reduce dependence on imports to strengthen the economy.Amid trying times, India has an opportunity to outshine others, he…
MUMBAI: Mitsui OSK Lines, which runs one of the largest shipping fleets globally, on Tuesday said that container rates may rise further as there is a gap between freight rates and increase in cost as bunker oil prices have doubled in Asia.During an interaction with TOI, the Japanese company’s global president and CEO Jotaro Tamura…
NEW DELHI: India’s entry-level smartphone market suffered a collapse in the first quarter of 2026. Rising component costs and weakening consumer demand reshaped the country’s handset landscape, according to new data from IDC.India’s overall smartphone shipments declined 4.1% year-on-year to 31 million units in Q1 2026, but the steepest pressure was concentrated in devices priced…
