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    Redmi Note 15 SE Debuts in India with Snapdragon 6 Gen 3 And 5,800 Mah Battery
    Explainer on gold import duty hike
    Govt approves incentive for coal gasification projects with outlay of Rs 37,500 cr
    Gold duty hike may hit volumes, spike recycling: jewellers
    Gold soars by Rs 8,550, silver by Rs 20,500 after import duty hike
    Rupee crashes to record 95.80 against USD; settles near all-time low at 95.67
    Bhagyanagar India Ltd. Targets INR 5,000 Crore Revenue by FY 2029-30 Amid Expansion Plans Spearheaded by Devendra Surana
    Centrum Wealth Strengthens Leadership; Appoints Saurabh Rungta as Deputy CEO and CIO
    Musk, Cook and other prominent US executives invited to join Trump on trip to China
    Import duty on gold, silver more than doubled to curb imports, support rupee
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    Cabinet approves Minimum Support Prices (MSP) for Kharif Crops for Marketing Season 2026-27
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    Govt hikes import duty on gold, silver to 15 pc to curb non-essential imports, save forex reserves
    Government of India and IFAD launch new eight-year strategy with Country Strategic Opportunities Programme (COSOP) from 2026 to 2033 to strengthen rur...
    DFS Launches 'Bharat Maritime Insurance Pool’ of USD 1.5 billion, with a sovereign guarantee of USD 1.4 billion/₹12,980 crores to facilitate c...
    CCI approves acquisition by CPPIB India Pvt Holdings Inc. of certain shareholding in Ctrl S Datacenters Ltd.
    CCI approves acquisition of 7.14% stake in Llyods Engineering Works by Thriveni Earthmovers Pvt Ltd. and merger of three entities into Lloyds Engineer...
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May 13, 2026
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Easy EMI financing and RBI-registered NBFC lending support budget smartphone purchases through partner stores.
Easy EMI financing is offered for purchase of the Redmi Note 15 SE through Bajaj Finserv partner stores, with repayment tenures from 3 to 60 months, zero down payment on select models, instant approval at checkout, and same-day delivery after OTP-based eligibility verification. Bajaj Finance Limited is described as a deposit-taking NBFC-D registered with the Reserve Bank of India and classified as an NBFC-Investment and Credit Company, engaged in lending and acceptance of deposits.
May 13, 2026
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Import duty on gold raised to curb non-essential imports, conserve foreign exchange, and support the rupee.
Import duty on gold has been more than doubled to 15 per cent from 6 per cent to discourage non-essential imports, conserve foreign exchange for essential imports such as crude oil and fertiliser, and support the rupee. The increase is intended to curb domestic consumption of gold in the context of a high import bill and elevated international prices. Higher duty has historically reduced import volumes, though the overall import bill may remain elevated because of global price conditions.
May 13, 2026
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Coal gasification incentive scheme boosts domestic syngas production, import substitution, and long-term project policy certainty.
A Union Cabinet-approved incentive scheme promotes surface coal and lignite gasification projects with a financial outlay of Rs 37,500 crore to accelerate coal gasification, support clean energy production, and reduce dependence on imports of LNG, urea, ammonia, methanol and other substitutable products. The scheme provides financial incentive of up to 20 per cent of plant and machinery cost, to be disbursed in four equal instalments linked to project milestones, with caps for a single project, product and entity group.
May 13, 2026
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Gold import duty hike may curb jewellery volumes while boosting recycling and domestic circulation of idle gold.
Higher import duty on gold and silver is expected to affect jewellery volumes in the short term while encouraging recycling, exchange of old gold, and circulation of idle domestic gold. The increase is aimed at conserving foreign exchange reserves, reducing dependence on imported gold, and supporting a circular domestic gold economy. Consumer demand is still expected to remain resilient because gold retains strong cultural, wedding-related, savings, and investment significance in India, even as buyers shift toward lighter-weight jewellery and exchange-based purchases.
May 13, 2026
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Import duty on precious metals drives up local prices and may temporarily dampen physical demand.
Import duty on precious metals was increased to 15 per cent, with platinum duty raised to 15.4 per cent and consequential changes made for gold and silver related goods. The revision was intended to discourage purchases and reduce non-essential imports amid rising foreign-exchange outflows and a widening import bill. The higher levy was expected to feed into purchase bills, raise local prices and temporarily dampen physical demand.
May 13, 2026
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Rupee weakness and gold import curbs reflect pressure from crude prices, geopolitical tensions, and foreign exchange demand management.
The rupee weakened to a record low against the US dollar amid pressure from elevated crude oil prices, West Asia geopolitical tensions, and a strong dollar, while traders said possible RBI intervention and reduced gold imports helped limit further depreciation. The government raised import tariffs on gold and silver to curb overseas purchases and ease pressure on foreign exchange reserves, alongside a call to avoid gold purchases to conserve foreign exchange.
May 13, 2026
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Copper manufacturing expansion drives strong financial growth, capacity ramp-up, and an NCLT-admitted demerger plan.
Strong financial growth is reported in the copper manufacturing business, with revenue, EBITDA, profit before tax and profit after tax rising sharply in FY 2025-26. The company outlines a long-term expansion roadmap for the non-ferrous metals sector, including capacity expansion to 45,000 metric tonnes, manufacturing capital investment, and a revenue target of INR 5,000 crore by FY 2029-30. The plan also refers to an NCLT-admitted demerger scheme for carving out the copper business into Tieramet Limited as a standalone listed company.
May 13, 2026
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Wealth management leadership appointment strengthens product innovation, strategic partnerships and technology-enabled platform building at Centrum Wealth.
Centrum Wealth Limited announced the appointment of Saurabh Rungta as Deputy Chief Executive Officer and Chief Investment Officer, with responsibility for the investment team across products, advisory and in-house PMS platforms, as well as the Family Office business. The role is intended to support the firm's growth agenda, strengthen product architecture, deepen strategic partnerships and build a differentiated, technology-enabled wealth platform. The text also notes that Centrum Wealth is an AMFI-registered mutual fund distributor.
May 13, 2026
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US-China trade and artificial intelligence discussions shape a Beijing trip with major executives from technology, finance and manufacturing.
Prominent US executives from technology, finance, manufacturing and agriculture were invited to accompany President Donald Trump on a trip to Beijing for discussions expected to cover trade and artificial intelligence, alongside broader bilateral issues. The delegation included senior leaders from companies with significant China exposure, reflecting the commercial importance of the visit and the role of corporate diplomacy in managing trade relations. The report highlights Elon Musk, Tim Cook and Kelly Ortberg as examples of executives whose businesses have faced distinct China-related pressures.
May 13, 2026
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Import duty on precious metals raised to curb non-essential imports and ease pressure on the rupee.
Import duty on gold and silver was raised to 15 per cent, with basic customs duty and cess revised, and platinum and related precious-metal items also adjusted. The measure was introduced to curb non-essential imports, reduce foreign exchange outflows, and ease pressure on the rupee and the external account amid elevated balance-of-payments stress. Government sources described it as a calibrated, preventive intervention using price-based disincentives rather than quantitative restrictions.
May 13, 2026
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Rupee pressure deepens as crude oil costs, global risk aversion and dollar strength drive a record intraday low.
The rupee weakened to a record intraday low against the US dollar amid elevated crude oil prices, global risk aversion linked to West Asia tensions, a strong dollar and foreign institutional outflows. The government's increase in import duties on gold and silver was intended to curb overseas purchases and support forex reserves, but market participants said it did not fully ease pressure on the currency.
May 13, 2026
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Minimum Support Prices for Kharif crops raised to ensure remunerative prices and strengthen farmer income support
Cabinet approval was accorded to the increase in Minimum Support Prices for 14 Kharif crops for Marketing Season 2026-27, with the object of ensuring remunerative prices to growers. The revised prices cover cereals, pulses, oilseeds and cotton, with the largest absolute increases noted for Sunflower Seed, Cotton, Nigerseed and Sesamum. The increase was stated to align with the policy of fixing MSP at not less than 1.5 times the all-India weighted average cost of production.
May 13, 2026
Show AI Summary
Precious metal import duty hike curbs non-essential imports and eases external account pressure amid market stress.
Import duty on gold and silver was increased to 15 per cent, and on platinum to 15.4 per cent, with consequential changes for related precious-metal items. The measure raises the effective duty on precious-metal imports and is described as a calibrated, price-based restraint intended to moderate avoidable import demand and ease pressure on the external account during extraordinary external conditions.
May 13, 2026
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Pan-Africanist rhetoric draws backlash as Macron's Africa summit intervention reignites debate over France's colonial legacy.
French President Emmanuel Macron faced criticism after interrupting a panel session at the Africa Forward Summit in Kenya and demanding silence from the audience. The backlash also followed his claim to be a "Pan-Africanist," amid debate over France's shift from a colonial legacy toward a partnership of equals with African countries.
May 13, 2026
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Rooftop solar demand surges as fuel costs spike, with Asian consumers turning to cleaner and cheaper power options.
Rising fuel and electricity costs triggered by the Iran war are accelerating demand for rooftop solar power across energy-hungry Asia, with the Philippines reporting a sharp increase in installations and customer inquiries as households, businesses, and public institutions seek alternatives to expensive and uncertain fossil-fuel supply. The article describes a broader regional shift toward rooftop solar, including policy interest in Indonesia, Vietnam, and Thailand, alongside similar demand growth in the United States and Europe as consumers look for a practical way to reduce electricity bills and improve energy resilience.
May 13, 2026
Show AI Summary
Import duty on precious metals raised to curb discretionary imports and ease pressure on foreign exchange reserves.
Import duty on gold, silver and platinum was increased to 15 per cent, with related items also revised, as a calibrated price-based measure to moderate discretionary imports and reduce pressure on foreign exchange reserves. The stated rationale was to preserve market flexibility while easing external-sector stress, prioritising forex for essential imports and supporting balance-of-payments stability amid the West Asia crisis.
May 13, 2026
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Rural resilience and sustainable livelihoods take centre stage in the new India-IFAD strategy for long-term development.
The Government of India and IFAD launched an eight-year Country Strategic Opportunities Programme for 2026-2033 to advance rural incomes, strengthen resilience, and expand sustainable livelihood opportunities. Aligned with the Viksit Bharat@2047 vision, the programme focuses on social, economic, and climate resilience in rural communities and on strengthening knowledge systems to scale proven development models within India and across the Global South. The strategy emphasises Self-Help Groups, Farmer Producer Organisations, and cooperatives as platforms linking finance, technology, infrastructure, and markets.
May 13, 2026
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Maritime insurance pooling strengthens continuous cover, underwriting capacity, and sovereign backstop for shipping risks amid sanctions and tensions.
The Bharat Maritime Insurance Pool is a domestic marine insurance arrangement with combined underwriting capacity and a sovereign guarantee to support continuous cover for Indian flagged or controlled vessels, and vessels destined to or departing from India. It covers Hull and Machinery, Cargo, Protection and Indemnity, and War risk, especially where sanctions exposure, withdrawal of foreign reinsurance support, or geopolitical tensions may disrupt shipping operations and trade flows. A Governing Body and Underwriting Committee oversee the pool, while GIC Re acts as administrator. Claims up to USD 100 million are met from pool capacity, and larger claims may use the sovereign guarantee after exhaustion of reserves, member contributions, and reinsurance.
May 13, 2026
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Competition approval for CPPIB India's acquisition of shareholding in Ctrl S Datacenters advances a proposed investment combination.
Competition approval was granted for the acquisition by CPPIB India Private Holdings Inc., a Canadian investment holding company and wholly owned subsidiary of CPPIB, of certain shareholding in Ctrl S Datacenters Limited. The transaction concerns a proposed combination involving investment by CPPIB through CIPH in Ctrl S, which provides data centre and colocation services and related managed services in India.
May 13, 2026
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Merger and stake acquisition in Lloyds Engineering Works approved under competition law review.
Competition Commission of India approved a proposed combination involving acquisition of a 7.14% shareholding in Lloyds Engineering Works Limited by Thriveni Earthmovers Private Limited through a block deal, and merger by absorption of Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited and Techno Industries Private Limited into Lloyds Engineering Works Limited as the surviving entity. The parties are described by their respective businesses in contract mining, engineering, construction, manufacturing of heavy equipment, lightweight engineering structures, and manufacture of elevators, escalators, motors and pumps.

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May 25, 2026

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New Delhi, May 25 (PTI) Following are the top stories at 9.15 pm: NATION DEL88 JK-GONDOLA - 4TH LD TOURISTS (9.12 PM)

Over 300 tourists rescued in 7-hr operation after Gulmarg Gondola malfunctions amid heavy rain Srinagar: Over 300 tourists were left stranded mid-air for hours inside 65 cabins of the famous Gulmarg Gondola cable car after a major technical snag halted Asia's highest ropeway, causing panic among the holidayers before they were rescued.

DEL82 RUBIO-RACISM-LD-ROW (8.23 PM)

Rubio downplays anti-India rhetoric row, says Trump is a 'big fan' of Modi New Delhi: President Donald Trump is a big fan of India and Prime Minister Narendra Modi, US Secretary of State Marco Rubio said on Monday, seeking to dismiss allegations of rising anti-India rhetoric in the US.

DEL79 WASIA-IRAN-MISRI (8.13 PM)

Iran's deputy foreign minister dials Misri to discuss West Asia situation New Delhi: Iran's Deputy Foreign Minister Majid Takht Ravanchi dialled Foreign Secretary Vikram Misri on Monday and is believed to have apprised him of Tehran's negotiations with Washington to end the ongoing crisis in West Asia.

DEL74 LDALL-RUBIO ENGAGEMENTS (7.45 PM)

Rubio visits Taj Mahal, Amber Fort ahead of Quad meeting Agra/Jaipur/New Delhi: US Secretary of State Marco Rubio on Monday visited the Taj Mahal in Agra and the Amber Fort in Jaipur along with his wife Jeanette Rubio and US Ambassador to India Sergio Gor ahead of the crucial Quad foreign ministers' meeting on Tuesday.

DEL71 CBSE-PAPER-LD MISMATCH (7.25 PM)

Students raise fresh concerns over CBSE OSM system, claim answer sheet mismatch New Delhi: Amid growing complaints over glitches and discrepancies in the CBSE re-evaluation process, some Class 12 students have alleged that the scanned copies of their answer sheets uploaded by the board did not match their handwriting, raising concerns over possible answer-sheet mismatch in the On Screen Marking (OSM) system.

DEL83 MEA-JAISHANKAR-MOTEGI (8.39 PM)

EAM Jaishankar holds talks with Japanese counterpart Motegi New Delhi: External Affairs Minister S Jaishankar and his Japanese counterpart Motegi Toshimitsu on Monday held wide-ranging talks focusing on economic fallout of the West Asia crisis in view of disruptions in energy supply chains.

CAL52 AS-BHUTAN-LD PM (8.54 PM)

Bhutan PM discusses regional cooperation issues with Assam governor, CM Guwahati: Bhutan Prime Minister Dasho Tshering Tobgay met Assam governor and chief minister on Monday, and discussed with them ways to enhance cooperation with India's northeastern region.

DEL80 PADMA-LD AWARDS (8.13 PM)

President confers 66 Padma Awards; actor Dharmendra, violinist N Rajam honoured New Delhi: President Droupadi Murmu on Monday conferred the Padma Vibhushan on Bollywood actor Dharmendra posthumously and classical musician and violinist N Rajam at a Civil Investiture Ceremony at the Rashtrapati Bhavan here.

DEL87 AVI-DGCA-EBOLA ADVISORY (9.10 PM)

Ebola scare: DGCA asks airlines make in-flight announcements, take other measures New Delhi: In the wake of the Ebola outbreak in certain parts of Africa, aviation watchdog DGCA has asked airlines to implement various measures, including making in-flight announcements and mandatory filing of self-declaration forms from passengers originating or transiting through the affected countries.

DEL67 CONG-LD FUEL HIKE (6.57 PM)

'Mehangai manav' strikes again: Congress slams PM on fuel hike New Delhi: The Congress on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, with Rahul Gandhi alleging that the "mehangai manav" has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.

DEL32 DL-KEJRIWAL-FUEL PRICE (3.07 PM)

Why PM Modi not buying cheap oil from Russia & Iran, asks Kejriwal New Delhi: After petrol and diesel prices were increased for the fourth time in less than two weeks on Monday, AAP national convenor Arvind Kejriwal questioned Prime Minister Narendra Modi over the Centre not buying fuel from Russia and Iran.

DEL18 CBI-TWISHA (12.08 pm)

CBI set to take over Twisha Sharma probe, team sent to Bhopal New Delhi: The CBI is set to take over the investigation into the death of Twisha Sharma, who was found hanging at her marital home in Bhopal's Katara Hills area on May 12, officials said on Monday.

LEGAL LGD30 SC-LD TWISHA SHARMA (12.36 PM)

Twisha Sharma death: 'Pained' by narrative that judiciary was shielding accused, says SC New Delhi: Observing that it was "pained" by the narrative that the judiciary was shielding the accused, the Supreme Court on Monday said it would ensure a fair, independent, and impartial CBI probe into the death of former model-turned-actor Twisha Sharma.

LGD47 SC-LD NEET (5.31 PM)

NEET paper leak: NTA has not learnt lessons, says SC; issues notices on pleas New Delhi: It's sad that the NTA has not learnt lessons from the earlier NEET paper leak, the Supreme Court said on Monday as it sought the response of the Centre, NTA and CBI on pleas for the replacement of the testing agency with a robust and autonomous body to conduct the medical entrance exam.

BUSINESS DEL76 BIZ-LDALL PETROL-PRICE-HIKE (7.59 PM)

Petrol, diesel prices hiked for 4th time in 11 days; petrol tops Rs 100 across most cities New Delhi: Petrol prices were raised by Rs 2.61 a litre and diesel by Rs 2.71 on Monday, the fourth increase in less than two weeks that extended a delayed pass-through of soaring global crude oil costs triggered by the Iran conflict.

DEL75 BIZ-SITHARAMAN-CRUDE PRICES (7.48 PM)

Govt forwent Rs 1 lakh cr via excise duty cuts to shield consumers from fuel inflation: FM Mumbai: Finance Minister Nirmala Sitharaman on Monday said the government had foregone more than Rs 1 lakh crore annually in tax revenues through excise duty cuts on petrol and diesel to shield consumers from fuel inflation triggered by the West Asia conflict, while defending the latest retail fuel price hikes as market-driven revisions by oil marketing companies responding to soaring global crude oil prices.

FOREIGN FGN27 US-TRUMP-IRAN (8.13 PM)

Trump says Iran talks progressing 'nicely', asks mediators to join Abraham Accords Washington: US President Donald Trump on Monday said negotiations with Iran to end the war were progressing "nicely", but officials pointed out that a final decision may take some time due to the complex communication networks Tehran deploys to consult with its supreme leader. By Sagar Kulkarni

FGN6 AUS-IND-WONG (9.29 AM)

Australia’s Foreign Minister Penny Wong to visit India to attend Quad meet Canberra: Australia's Minister for Foreign Affairs Penny Wong is set to travel to India on Monday to attend the Quad Foreign Ministers’ Meeting and deliberate on "shared interests", including maritime security and critical minerals.

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