In a significant policy move aimed at safeguarding foreign exchange reserves and stabilizing the domestic currency, the Government of India has increased the import duty on gold and silver from 6% to 15%. The decision comes against the backdrop of escalating geopolitical tensions in West Asia and mounting pressure on India’s forex reserves. Officials indicated...
Prime Minister Narendra Modi has once again appealed to citizens across the country to adopt responsible economic practices amid rising global instability triggered by the ongoing conflict involving the United States and Iran. Emphasising the need for national preparedness during uncertain times, the Prime Minister called on people to reduce fuel consumption, embrace work-from-home culture...
The Indian rupee witnessed one of its steepest declines in recent times, falling sharply against the US dollar as rising global crude oil prices and escalating geopolitical tensions rattled financial markets. The domestic currency weakened by 139 paise during intra-day trading, nearing the critical ₹95-per-dollar mark and triggering fresh concerns over inflation, import costs, and...
Prime Minister Narendra Modi has appealed to citizens across the country to adopt a more restrained lifestyle in response to rising global economic uncertainty and escalating energy concerns linked to the ongoing West Asia conflict. Speaking during a public event in Telangana, the Prime Minister called on Indians to reduce dependence on imported resources, conserve...
The Indian rupee came under significant pressure in early trading on Wednesday, declining by 28 paise to reach 94.77 against the US dollar in the interbank foreign exchange market. The sharp fall reflected mounting global uncertainties, persistent demand for the American currency from importers, and cautious investor sentiment in international financial markets. Currency traders indicated...
During a pivotal address marking the centenary celebrations of the Rashtriya Swayamsevak Sangh (RSS) in Nagpur, its chief—Mohan Bhagwat—delivered a strong message rejecting compulsion in international trade and urging renewed focus on Swadeshi (indigenous production) in response to recent US tariffs on Indian goods. Over recent months, the United States imposed steep reciprocal and penalty...
Prime Minister Narendra Modi on Sunday renewed his call for promoting swadeshi (indigenous) products, urging citizens to embrace self-reliance and reduce dependence on foreign-made goods. During his address, he highlighted that many people are often unaware whether everyday items, such as a comb, are made in India or abroad. “We should buy products that are...
New Delhi: Prime Minister Narendra Modi on Sunday announced the launch of a nationwide “GST Utsav” starting from the first day of Navratri, describing it as a festival of savings for the people of India. Addressing the nation, PM Modi highlighted that from September 22, citizens will be able to purchase their favorite items at...
New Delhi, September 21: Prime Minister Narendra Modi addressed the nation on Sunday at 5 PM, focusing on the newly introduced Goods and Services Tax (GST) 2.0 reforms. The Prime Minister’s Office (PMO) had earlier shared the update on its official social media accounts, without specifying the subject, which fueled widespread speculation. PM Modi began...
New Delhi: Prime Minister Narendra Modi is scheduled to address the nation at 5 PM on Sunday, September 21, just a day before the implementation of the Goods and Services Tax (GST) 2.0 reforms. While the official agenda of the address has not been confirmed, netizens and analysts have speculated that the Prime Minister may...