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The Centre has doubled the import duty levied on gold, silver and platinum to 10%, with effect from the midnight of May 13, according to an official notification issued on Tuesday. The move is set to make precious metals costlier, as they had currently been attracting an import duty of 5%. The development comes two…
Dixon Technologies on Tuesday said it is actively working with the government to secure approval for its proposed joint venture with Chinese smartphone maker Vivo, expressing optimism that the long-pending clearance could come through soon. “As far as Vivo is concerned, we are already deeply engaged with the government,” Dixon Managing Director and CEO Atul…
The Supreme Court on Tuesday compared the bitter Rs 30,000-crore Kapur family inheritance dispute to the Indian epic Mahabharat, as fresh allegations and counter-allegations intensified the legal battle surrounding the estate of late businessman Sunjay Kapur. Hearing an urgent plea filed by Sunjay Kapur’s mother, Rani Kapur, Justice JB Pardiwala remarked that the scale of…
Last Updated:May 12, 2026, 9:50 PM IST As fuel costs rise for shipping companies, those costs may eventually be passed down the chain- first to importers and businesses, and then to consumers. The West Asia crisis has created a large scale disruption. The Iran war is beginning to squeeze global shipping networks and the effects…
An Indian tourist has died while three others remain hospitalised after a mysterious incident at a beachside cafe in Thailand’s Phuket, according to the Embassy of India in Thailand. The incident took place in the Kamala Beach area of Kathu district in Phuket on May 9, local media reports said. The circumstances leading to the…
A chance encounter on a village road turned into a heart-warming viral moment after cricket icon Sachin Tendulkar paused his journey to appreciate a group of children and their handmade vehicle built from simple local materials. The former Indian captain recently shared a video on social media showing the unique creation, which immediately caught his…
Prime Minister Narendra Modi’s upcoming visit to the United Arab Emirates will prioritise strengthening India’s energy security and deepening strategic cooperation, the Ministry of External Affairs said on Tuesday, as escalating tensions in West Asia continue to disrupt global oil supply chains and shipping routes. “Modi’s UAE visit priority is to strengthen energy supplies,” MEA…
To understand how gold stacks up against Fixed Deposits (FDs) and Mutual Funds over the same period, we have to look at the “Three Rs”: Returns, Risk, and Real Value. On 12 May 2026, gold prices rose, with 24K gold trading at Rs 154,250 per 10 grams, up Rs 200 from the previous close. At…
New Delhi23 minutes ago copy link Retail inflation in April has increased to 3.48%. Earlier in March it was 3.40%. These figures have been released today on May 12. This increase in inflation has happened at a time when tension between America and Iran has increased. If this tension continues for a long time, inflation…
Last Updated:May 12, 2026, 3:20 PM IST Indian equities slump as Sensex and Nifty fall on oil driven fears, rupee weakness and FII outflows, while US and Asian markets rally on AI and semiconductor optimism India market is bleeding while US, Asian markets rising The bearish sentiment weighed down on the Indian equity market as…