Economy
India caps gold imports under Advance Authorisation scheme at 100 kg
The government has tighetend conditons for the issuance and monitoring of advance authorisation for import of gold. Earlier, there was no limit on gold imports under the scheme
 "India caps gold imports under Advance Authorisation scheme at 100 kg")
Costlier energy pushes wholesale inflation to 42-month high in April
Sharp rise in fuel and energy prices amid the West Asia crisis pushes wholesale inflation to its highest level since October 2022
 "Costlier energy pushes wholesale inflation to 42-month high in April")
India plans to invest over $20 billion in offshore data acquisition: Puri
The state-run upstream companies have invested over $0.5 billion in seismic data acquisition in the last eight years
 "India plans to invest over $20 billion in offshore data acquisition: Puri")
Geothermal energy has 450 GW power potential in India, says report
CEEW and Project InnerSpace report highlights vast geothermal potential for electricity, cooling and industrial applications across several Indian states
 "Geothermal energy has 450 GW power potential in India, says report")
Road InvIT AUM to grow by 30% to ₹3.9 trillion in FY27: Crisil Ratings
Crisil says toll road monetisation by NHAI and HAM asset sales will continue driving growth in road sector infrastructure investment trusts
 "Road InvIT AUM to grow by 30% to ₹3.9 trillion in FY27: Crisil Ratings")
EU includes India in eligible list of countries for marine exports
The EU has added India to its updated list of countries eligible to export marine products, safeguarding seafood shipments to the bloc beyond September 2026
 "EU includes India in eligible list of countries for marine exports")
Why India's ₹37,500 cr coal gasification push matters for its energy future
India's ₹37,500 crore coal gasification scheme aims to cut import dependence, boost industrial growth and strengthen energy security by turning domestic coal into strategic fuel and chemicals
 "Why India's ₹37,500 cr coal gasification push matters for its energy future")
India bans sugar exports for current season: What it means for the industry
Industry players said the government may have adopted a precautionary approach due to climatic uncertainties, with some hinting at wrong production estimates
 "India bans sugar exports for current season: What it means for the industry")
India's wholesale inflation rises to 42-month high of 8.3% in April
India's factory-gate inflation accelerated sharply in April as rising fuel, diesel, and crude oil prices linked to the West Asia crisis pushed wholesale prices to a multi-year high
 "India's wholesale inflation rises to 42-month high of 8.3% in April")
Govt considers reducing taxes on bond investments by foreign investors
Deliberations to ease the tax burden have gathered pace as authorities try to curb the rupee's depreciation
 "Govt considers reducing taxes on bond investments by foreign investors")
Why higher gold import duty alone may not ease India's CAD pressure
As India raises gold import duty to curb rising imports, experts warn higher taxes alone may not cut demand and could revive smuggling, hurting formal jewellers and limiting CAD gains
 "Why higher gold import duty alone may not ease India's CAD pressure")
Two India bound LPG tankers transit Strait of Hormuz amid energy crisis
One of the LPG carriers, Symi, emerged in the Gulf of Oman on Thursday after turning off its transponder, with the other - NV Sunshine, went dark just after making it through the strait
 "Two India bound LPG tankers transit Strait of Hormuz amid energy crisis")
April wholesale inflation skyrockets to 8.3% on massive jump in fuel prices
The fuel and power category recorded the highest inflation among major groups at 24.71 per cent in April, compared with 1.05 per cent in March
 "April wholesale inflation skyrockets to 8.3% on massive jump in fuel prices")
India seeks extension of US waiver on Russian oil as West Asia war drags on
The US first provided a green light in March, and then widened that with an authorization that runs until May 16, in an effort to limit rising oil prices with additional barrels
 "India seeks extension of US waiver on Russian oil as West Asia war drags on")
India's gold policy trap: Cut duty to curb smuggling, raise to save rupee
India is the world's second-largest gold consumer, and more than 90 per cent of its demand is met through imports
 "India's gold policy trap: Cut duty to curb smuggling, raise to save rupee")
India bans exports of raw, white and refined sugar with immediate effect
The ban applies to raw, white and refined sugar and marks a shift in policy from "restricted" to "prohibited", according to a notification
 "India bans exports of raw, white and refined sugar with immediate effect")
RBI may pay highest-ever dividend to help Centre tackle West Asia crisis
Last year the RBI made a record dividend payout of ₹2.69 lakh crore to the central government for 2024-25, 27 per cent higher than ₹2.11 lakh crore transferred in the previous year
 "RBI may pay highest-ever dividend to help Centre tackle West Asia crisis")
Govt hikes tariff on precious metals to shield foreign exchange reserves
Gold, silver duties more than double to 15%, & 15.4% for platinum
 "Govt hikes tariff on precious metals to shield foreign exchange reserves")
MPC to look through West Asia shock if it's transitory: RBI Governor
Coordination with fiscal policy becomes critical amid 'supply shock as bad as it is', says Malhotra
 "MPC to look through West Asia shock if it's transitory: RBI Governor")
Rupee weakens to record closing low, approaches 96 against the dollar
Persistent importer demand, elevated crude oil prices and West Asia tensions pushed the rupee to a record closing low despite RBI intervention
 "Rupee weakens to record closing low, approaches 96 against the dollar")