The precious metal has gained over 17% in the past year despite slack demand
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India's forex reserves drop by $1.268 bn to $561.583 bn (13-01-2023)
The forex reserves had been declining as the central bank deployed them to defend the rupee amid pressures caused by global developments
Rupee falls 4 paise to close at 81.34 against US dollar (13-01-2023)
The positive macroeconomic data and broad weakness in the American currency supported the rupee and contained the depreciation bias
‘India to see $58 bn investment in oil exploration and production’ (13-01-2023)
Chevron, Exxon, Total keen to invest, says Oil Minister Hardeep Singh Puri
Rupee falls 13 paise to 81.43 against US dollar (13-01-2023)
Firm crude oil prices, muted trend in domestic markets weighs down domestic unit
Indian food safety authority notifies quality standards for basmati rice (12-01-2023)
Norms to come into effect from August 1; FSSAI comes up with provision for sale of blended rice, too
India’s gold imports plunge 79% in December on weak demand, high prices (12-01-2023)
Shipments hit the lowest in two decades as smuggling also plays spoilsport
‘Rising steel imports from Korea, China more worrying than Russia’ (12-01-2023)
Market share of steel imports from Russia remains very low at 6 per cent: ICRA
Rupee gains 11 paise to close at 81.57 against US dollar (12-01-2023)
A muted trend in domestic equities and sustained foreign fund outflows capped the gains