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RBI to pay record dividend of Rs 2.87 lakh crore to Govt for FY26

India, May 23 -- The Reserve Bank on Friday announced a record Rs 2.87 lakh crore dividend to the Government for the 2025-26 financial year, providing financial leeway amid geopolitical challenges. T... Read More


India blocks China's plea for panel on solar sector at WTO

India, May 23 -- India has blocked China's request to set up a dispute panel at the WTO in a case that Beijing has filed against New Delhi's support measures for the solar cells, modules, and informat... Read More


Hearing in RIL-Centre gas dispute continues in SC

India, May 23 -- The Supreme Court on Friday continued its high-stakes final hearing in the multi-billion-dollar Krishna-Godavari (KG) Basin gas dispute between the Central Government and a Reliance I... Read More


ITBP's first all-women expedition successfully summits Mt Everest

India, May 23 -- The Indo-Tibetan Border Police Force (ITBP) has successfully completed its first-ever all-women international mountaineering expedition to Mt Everest (8,848 m), marking a historic mil... Read More


Gurugram: Central Bank of India organises mega retail outreach programme

India, May 23 -- The Central Bank of India organises a nationwide mega retail outreach programme in Gurugram. The programme was graced by the august presence of Rahul Saxena, RH Gurugram. The event w... Read More


Import duty hike to hit India's gold demand by 10%

India, May 23 -- India's gold demand is expected to contract by 50-60 tonnes this calendar year, around 10 per cent lower than the previous year, following the import duty hike, according to the World... Read More


Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

India, May 23 -- Gold prices retreated by Rs 600 to Rs 1.64 lakh per 10 grams in the national capital on Friday as tentative progress in US-Iran negotiations reduced precious metals buying, though unr... Read More


Gold jewellery retail sales volume to decline 13-15% in FY27: Crisil

India, May 23 -- India's organised gold jewellery retail sector is likely to see a further 13-15 per cent year-on-year decline in sales volumes this fiscal, following an 8 per cent drop last year, ami... Read More


Rupee rises 63 paise to close at 95.73 against US dollar

India, May 23 -- The rupee rose for the second consecutive session on Friday to close at 95.73 (provisional) against the US dollar on softening of crude oil prices and supposed intervention by the Res... Read More


Stock markets rebound, led by banks, positive global trends

India, May 23 -- Stock markets recovered on Friday, with the benchmark Sensex closing higher by nearly 232 points following buying in blue-chip bank shares amid positive global trends. The 30-share B... Read More