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Duty hike aims to curb gold and silver imports, ease pressure on forex reserves and halt the rupee’s slide.
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With global crude prices rising amid the West Asia crisis and retail fuel prices largely unchanged, state-run oil companies continue to absorb losses as the government prioritises inflation control and consumer protection.
Benchmarks open higher Monday, supported by softer crude and improving geopolitical sentiment, while early Assembly election trends add to investor confidence
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Sensex dropped over 1,000 points and Nifty slipped below key levels as rising crude oil prices, geopolitical tensions and foreign investor outflows triggered broad-based selling.
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The agreement grants duty-free access to 100% of Indian exports to New Zealand, aims to boost bilateral trade and investments, and marks a major step in strengthening economic ties between the two countries.
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The visit to Washington is expected to advance negotiations on a bilateral trade agreement, with both sides aiming to resolve key issues and deepen economic ties.
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