Over 20% of Russia’s war-period crude exports! India bought about Rs 13.39 lakh crore in Russian oil; trails China’s Rs 193 billion

India’s imports surpassed both the EU’s ₹105 billion and Turkiye’s ₹71 billion purchases. (AI image) India has been stepping up its crude oil purchases from Russia since the Ukraine war in 2022 – a fact that has become a fresh irritannt in its ties with the US, with American President Donald Trump imposing an additional…

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Gold price prediction today: What’s the gold rate outlook for August 22, 2025 and where is MCX Gold headed? Why a ‘buy on dips’ strategy makes sense

Gold price prediction: Gold prices on MCX are currently trading around ₹99,300, showing signs of stabilization after recent declines. (AI image) Gold price prediction today: Gold rates have been stabilizing and analysts are eyeing a buy on dips strategy. Here’s the analysis from Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities:Gold prices…

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Private capex sluggish for FY26; projected at Rs 6.6 lakh crore, below FY25 levels: SBI report

Private capex to decline for FY26, says SBI (AI image) The projected private capital expenditure (capex) for FY26 shows a notable decrease compared to FY25 figures, with potential further reductions due to US tariff impacts, according to a State Bank of India (SBI) analysis.The analysis, cited by ANI, emphasises that while government expenditure has propelled…

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China lifts rare earths export curbs: India’s electronics sector could benefit from relaxations – what industry experts have to say

China eases Rare Earths curbs (AI-image) The electronics sector, India’s major Make-in-India achievement, could gain lasting global advantages due to a surprise backing from its strategic competitor, China.The Chinese government’s decision to relax restrictions on rare earth metals and critical mineral exports addresses a significant supply constraint for electronic products, including electric vehicles, computers, mobile…

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‘Terror support seen in operations of gaming companies’

NEW DELHI: IT & electronics minister Ashwini Vaishnaw on Thursday said government detected instances of money laundering and terror support in operations of real-money gaming entities. He stated that large companies failed to self-regulate and take “good and effective steps to prevent harm” to society, even as the common public lost money, prompting individuals and…

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Air India cuts loss but AI Express sees it rising

New Delhi: Tata’s full service Air India managed to cut its loss by almost a quarter, while the low cost (LCC) Air India Express saw its loss more than triple in the first fiscal (FY26) of the salt-to-satellite conglomerate consolidating its airline business.AIX Connect (erstwhile AirAsia India) was merged into AI Express last October. The…

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RBI seeks debate on inflation targets

Mumbai: The RBI is re-examining how it targets inflation in its monetary policy. It has however made a strong case for continuing with existing targets. In a discussion paper released on Thursday, the RBI sought public feedback on four questions: should headline or core inflation guide policy; is 4% still the right target; should the…

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