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Elections 2026Economy / IBTimes
PM Modi's visit to Tashkent elevated India-Uzbekistan ties to a Comprehensive Strategic Partnership with 11 key agreements.
Mumbaikars face higher travel and household expenses from September 1 as CNG, domestic PNG and auto-taxi fares rise. MGL increased CNG by Rs 2 to Rs 88/kg and PNG by Rs 1/SCM, citing higher input costs.
Amid global conflicts, supply chain disruptions and economic uncertainty, he called on people to prioritise Swadeshi by avoiding unnecessary foreign travel, overseas destination weddings and non-essential gold purchases.
Hyundai Motor's sales slipped 14% globally in August due to strikes, while Renault Korea's sales plummeted 34%.
Today's 18, 22 and 24 Carat Gold Prices in Chennai, Bangalore, Hyderabad, Mumbai, Delhi: The gold price in India today stands at Rs 15,693 per gram for 24 carat gold, Rs 14,385 per gram for 22 carat gold and 11,770 per gram for 18 carat gold, as per Good Returns.
A report highlights the need for India and Israel to enhance cooperation around cognitive warfare involving AI and strategic communication.
Indian travellers can make instant payments in Uzbekistan using UPI by scanning the national QR code UZQR, boosting cross-border payment ease.
ATF prices rose 5.46% to Rs 121.28 per litre, while commercial LPG increased by Rs 9.50 to Rs 2,747.50 per 19-kg cylinder. Domestic LPG, petrol and diesel prices remained unchanged, adding to airlines' costs as fuel accounts for up to 40% of operating expenses.
India's GDP grew 7.8% in Q1 FY27, topping global major economies and supported by strong vehicle sales, industrial output, and robust exports.
The RBI is positioned as the central institution in this transformation, with an expanding role in managing inflation, the rupee, banking supervision, digital finance, payment systems, cybersecurity and financial data.
The Sensex opened at 77,130.73, down 133.78 points or 0.17 per cent, while the Nifty declined 58.10 points or 0.24 per cent to 24,117.55.
India's foreign exchange reserves rose by $12.4 billion to a record $729.3 billion in the week ended August 21, supported by strong overseas inflows following RBI measures to attract foreign capital. The higher reserves give the RBI greater room to support the rupee amid elevated crude oil prices and global uncertainties.
HDFC Bank is facing a federal securities class-action lawsuit in New York over allegations that it disguised around Rs 45 crore in differential interest payments to Maharashtra State Road Development Corporation (MSRDC) as marketing expenses.

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