IBTimes

Gold futures rose Rs 984 to Rs 1.44 lakh per 10 grams on the MCX, supported by a weaker US dollar and easing geopolitical tensions. Investors also tracked the upcoming US Federal Reserve policy decision, while softer crude oil prices and expectations over interest rates continued to influence sentiment in global bullion markets.

Nirmala Sitharaman told Income Tax officers not to make entitled citizens chase routine services. She used the department's own delays and Mumbai land issues to press for faster, cleaner administration.

Adani Airports has unveiled a Rs 20,000 crore airport-city development plan across six airports in five states, focusing on building integrated commercial hubs around its aviation network.

Gold rates for 22-carat and 24-carat purity continued to be influenced by global market trends, US dollar movements and domestic demand, while silver prices also reflected changing investment sentiment

Debt inflows continue to be robust. This is partly in response to the debt taxation reforms announced by the government. This month, so far, FPIs continued to be big sellers in markets like South Korea and Taiwan, said analysts.

The latest increase follows a gain of $964 million in the previous reporting week, when the country's forex reserves climbed to $675.157 billion.

During FY26, the Income Tax Department disposed of 2.24 lakh tax appeals and resolved nearly four lakh taxpayer grievances with a 95% disposal rate. Shrivastava also said the new Income-tax Act simplifies compliance by reducing the number of sections

Global crude oil prices stayed above $100 per barrel on Friday as escalating tensions in the Gulf and attacks on Saudi oil tankers in the Red Sea heightened fears of supply disruptions. Brent crude rose above $100, while WTI climbed to $92.83 per barrel.

Gold slipped below 1.42 lakh per 10 grams, while silver dropped to around 2.17 lakh per kg. Analysts said the near-term outlook for both precious metals remains weak, with prices under pressure from geopolitical uncertainty and a stronger dollar.