PM Modi speaks with Iranian President, calls for immediate de-escalation

PM Modi speaks with Iranian President, calls for immediate de-escalation

PM Modi's call for restoring dialogue and diplomacy came on a day when the United States bombed three nuclear facilities of Iran, triggering wave of reactions from global powers. Iran strongly condemned the United States' strikes on its nuclear facilities, calling it a "brutal military aggression" and gross violation of international law and the UN Charter. Jun 23, 2025
Trump says US attacked three Iranian nuclear sites

If peace doesn't come quickly, will go after other targets: Trump amid US strikes in Iran

U.S. President Donald Trump issued a stark warning to Iran, declaring that if peace is not restored swiftly, the United States will target additional Iranian sites with "precision, speed, and skill." His remarks came hours after announcing that the U.S. military had bombed three major nuclear facilities in Iran, escalating tensions in an already volatile region. Jun 22, 2025
India's forex reserves increase to $698.95 billion

India's forex reserves increase to $698.95 billion

The country's forex kitty stood at $696.66 billion in the preceding week ended on June 6, registering an increase $5.17 billion. With a close to $7.5 billion rise over the fortnight, India's foreign exchange reserves are nearing the all-time high of $704.885 billion that was recorded at September-end last year. Jun 21, 2025
Indian stock market shrugs off midweek volatility, ends week on robust note

Indian stock market shrugs off midweek volatility, ends week on robust note

The Nifty 50 convincingly closed above the psychologically significant 25,000 mark on Friday, underscoring bullish momentum. At the closing bell, the Sensex rallied 1,046.30 points, or 1.29 per cent, to settle at a fresh high of 82,408.17, while the Nifty 50 advanced 319.15 points, or 1.29 per cent, to end at 25,112.40. Jun 21, 2025
RBI's Gold Loan Rules: A New Era for Lenders

Centre restricts import of certain precious metal alloys containing gold

This measure expands upon the existing restriction on the import of Platinum, "to now include the entire Customs Tariff Heading (CTH) 7110 at the 4-digit level, thereby ensuring uniformity in the import policy governing precious metals and their alloys," according to a Commerce Ministry statement. Jun 20, 2025