India must accelerate efforts to channel large household gold holdings into financial instruments, former Union minister P P Choudhary and senior market participants said, warning that continued physical hoarding limits the metal’s broader economic contribution, PTI reported.Speaking at an Assocham event, Choudhary, a member of the Parliamentary Standing Commission on Finance, said deeper financialisation of…
When it comes to India’s economic future, few are as optimistic — and as candid — as Himanshu Shah. For the North Carolina investor, the country’s greatest opportunity lies not in rhetoric, but in execution. Speaking at a panel during the Indiaspora Forum 2026 on the outskirts of Bengaluru on Monday, the founder of Raleigh-based…
The Union Cabinet has approved continuation of the Immigration, Visa, Foreigners Registration and Tracking (IVFRT) scheme for another five years from April 1, 2026, with a budget outlay of Rs 1,800 crore, in a move aimed at strengthening border management and improving services for legitimate foreign travellers, the government said.The extension — not a fresh…
Planning a bank visit this week? It’s worth double-checking the holiday schedule before you step out, as branch closures can vary from one region to another. In India, bank holidays are a mix of national and state-specific observances, which means branches may not follow a uniform opening schedule across the country. This week, banks in…
The Union Cabinet has approved a modified UDAN (Ude Desh ka Aam Nagrik) scheme worth Rs 28,840 crore aimed at strengthening regional air connectivity through new airport infrastructure, enhanced financial support for airlines and operational assistance for smaller aerodromes.Under the revamped programme, 100 new airports will be developed in challenge mode, with an estimated average…
March is inching closer to its end and many investors are concerned whether the stock market will remain closed on March 26 or March 27 on account of Ram Navmi. As per the Exchange’s official holiday calendar, Dalal Street is scheduled to remain closed on March 26 for the festival, offering participants an early pause…
Gold futures traded higher on Wednesday tracking firm global cues and sustained buying interest in commodity markets. The overall tone in bullion remained positive as investors positioned ahead of key macroeconomic signals and currency movements.On the Multi Commodity Exchange (MCX), gold contracts across near- and far-month expiries posted gains. The June contract was trading around…
The Middle East crisis is sending shockwaves far beyond the region, unsettling everything from oil markets to stocks and currencies. At a time when markets around the world are already volatile, Pakistan, which is already grappling with a fragile economy, is finding itself on the brink of an economic crisis. Concerns are rising around inflation,…
The government on Wednesday dismissed reports suggesting a change in LPG refill booking timelines, stating that the information being shared is incorrect and misleading. The Centre reaffirmed that the existing timelines “remain unchanged and continue to” function under the current time limit.The ministry of petroleum & natural gas clarified that reports circulating on social media…
ONGC floated a tender for these rigs as it looks to accelerate hydrocarbon exploration under the government’s Samudra Manthan mission. (AI image) Oil and Natural Gas Corporation or ONGC is expected to spend about $18–20 billion on hiring deep-water drilling rigs for what could become its largest-ever oil exploration programme, according to people familiar with…
