DGFT BULLION ORDER DELAY
UP allows wheat sale at MSP without online registration
Uttar Pradesh farmers can now sell wheat at government procurement centers without prior online registration. This decision comes after many farmers faced difficulties registering and were forced to sell to middlemen. Chief Minister Yogi Adityanath has ordered immediate implementation. Farmers can now sell their wheat as they did in previous years, ensuring fair prices for their produce.
MSME activity expands but loses steam as global headwinds bite: PHDCCI survey
India's manufacturing MSME sector continues to expand. However, growth momentum is slowing. New orders and production are increasing at a slower pace. The outlook for the next quarter remains positive but cautious.
Akshaya Tritiya sees tepid demand on gold price surge
Gold demand during India's Akshaya Tritiya festival remained subdued as record prices curbed jewellery purchases, despite a slight increase in investment demand. Consumers shifted towards gold coins, with overall buying volume lower, though value spending was higher due to elevated prices. This reflects a changing trend of price-sensitive buyers purchasing throughout the year.
I-T Dept finds 'discrepancies' in declaration of assets by TMC MLA: Sources
The Income Tax Department has uncovered discrepancies in assets declared by TMC MLA Debashis Kumar. Seizures from his residence during recent raids revealed jewellery and bullion not matching his election affidavit. The department has reported these findings to the Election Commission. Investigations are ongoing into unaccounted money and asset increases.
Gold price prediction: Bullion experts predict likely gold rate for next few months. Details here
Gold rate prediction: Gold is well-positioned in the current global environment and could gain whether the economy weakens into stagflation or improves amid falling interest rates.
Akshaya Tritiya 2026 gold outlook: Which trends are expected to shape gold purchases this Akshaya Tritiya?
Gold's strong appeal continues for Akshaya Tritiya 2026. Investors are showing interest in coins and small bars. Global economic concerns and geopolitical tensions are driving gold price volatility. Experts suggest this volatility is an opportunity to gradually build gold positions. Consumers are also exploring diamonds and silver alongside gold.
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Govt strengthens DGFT Norms Committees to speed up export authorisations, cut delays
New reforms aim to speed up approvals for exporters. The Directorate General of Foreign Trade has enhanced Norms Committees operations. This includes fixed meetings and clearing old applications. More technical experts have joined the committees. These changes are expected to cut costs and speed up processes for businesses.
Akshaya Tritiya: Tapan Patel on why you shouldn't let the recent dip in gold scare you
Gold prices are experiencing a cyclical reset, not a structural shift. This presents a strategic opportunity for Indian investors to buy gold. Akshaya Tritiya is an auspicious time to invest in gold ETFs, Digi Gold, or multi-asset funds. Central banks may resume gold buying. A 15-20% allocation to gold and silver is recommended for long-term investment amid global uncertainties.
Gold demand set to remain resilient ahead of Akshaya Tritiya; Bullion remains preferred safe-haven for wealth creation
Gold demand remains strong ahead of Akshaya Tritiya, with retail investors viewing bullion as a key wealth creation tool. Despite high prices, the festival drives demand, supported by gold's safe-haven appeal amidst global uncertainties. Younger buyers are increasingly opting for lightweight jewellery and digital gold, while investment products like coins and bars are also gaining traction.
15 banks get government nod to import gold & silver for 3 years
India has authorized 17 banks to import gold and silver. This authorization is effective for three years from April 1, 2026. The move resolves a customs clearance delay that had stalled shipments. This decision brings relief to importers and ensures smooth trade of precious metals. The new authorization is valid until March 31, 2029.
West Asia crisis: Govt expands export insurance scheme
India's government has expanded its RELIEF scheme to cover Jordan and Egypt. This move offers higher insurance to exporters facing disruptions from the West Asia crisis. The scheme aims to strengthen export resilience and sustain trade flows. Exporters obtaining new policies after March 16, 2026, are eligible. Reforms also target faster approvals for duty-free imports under the Advance Authorisation Scheme.
Rupee ends stronger, trims underperformance versus Asia FX on RBI measures
The Indian rupee rose on Friday following a Reuters report of a central bank step to curb state-run oil companies' dollar demand, adding to measures that have narrowed the currency's underperformance over the last fortnight.
Kalyan Jewellers, Titan, and other jewellery stocks tumble up to 6% while MMTC rallies 16%. Here's why
Indian banks have reportedly halted gold and silver import orders, causing jewellery stocks like Kalyan Jewellers and Titan to fall. MMTC, however, surged on market rumors of being permitted to import gold. This situation has led to significant amounts of precious metals stuck at customs, awaiting a formal government order, potentially impacting supply ahead of Akshaya Tritiya.
Govt allows SBI, HDFC, Axis Bank & 12 others to import gold, silver until March 2029
The central government has permitted 15 top banks, including the State Bank of India, HDFC Bank, Bank of India and others to import gold and silver from April 1, 2026 to March 31, 2029.
Indian banks halt gold, silver imports amid delay in government clearance, sources say
Indian banks have halted gold and silver import orders as a fresh government authorisation under DGFT is still pending, leaving tonnes of bullion stuck at customs. India, a top global consumer, risks supply shortages and rising premiums if delays continue.
DA hike delay: NC-JCM seeks cabinet secretary's intervention for dearness allowance announcement
While the NC-JCM reached out to the cabinet secretary, one of its affiliated bodies, the Confederation of Central Govt. Employees & Workers, organised a nationwide lunch-hour protest on Thursday (April 16, 2026) to voice their frustration over the delay in announcing the DA hike. The confederation also wrote a similar letter to the cabinet secretary on April 14, 2026.
Gold price drops 0.7% to $4,807 today—should investors panic now as gold and silver prices risk a 10% crash with US-Iran deal still out of sight and crude oil threat rising?
Gold, silver rates crash fears intensify as prices already dropped sharply. Gold is down over 8%. Silver has plunged more than 16%. This comes during the US–Iran war. Crude oil now threatens to cross $120 per barrel. This is a critical trigger point. High oil pushes inflation higher. It keeps interest rates elevated. The Federal Reserve stays hawkish. The dollar strengthens further. That reduces bullion demand globally. If this trend continues, gold and silver rates crash risk remains high. Another 10% fall looks possible soon.
Cannot absorb hike in wages: Noida exporters
Noida apparel exporters warn wage hikes and labour unrest may disrupt shipments, as rising costs and pressure from global buyers threaten orders, risking a shift to competing markets like Bangladesh and Vietnam.
The Psychology Behind Over-Explaining at Work
When faced with ambiguous requirements, specialists often over-explain to eliminate confusion and communicate competence, a habit influenced by anxiety and perception. However, excessive detail can hinder understanding, increase cognitive load, and ultimately become counter-productive, transforming efficient communication into a mere assurance of being heard. Relevant messages, by definition, require conciseness to be effective.
DA hike delay: Central government employee body to hold protest over dearness allowance delay
In a letter to the Cabinet Secretary of India, the Confederation of Central Govt. Employees & Workers (CCGEW) writes that its affiliated organisations will hold a lunch hour protest at all work places on April 16, 2026. The government last announced the DA hike in October 2025, which was for July 2025. While central government employees and pensioners have got their arrears for that hike, their wait for the January 2026 DA hike is still not over.
MCX shares gain 3%, surge 12% in just 5 sessions. What’s behind the sharp rally?
MCX shares rose sharply on Wednesday, extending a five-day rally with total gains of 12%. The surge is driven by rising commodity prices and higher trading volumes, boosting earnings visibility. Strong Q3 results, including a 151% profit jump and robust turnover growth, further strengthened investor confidence in the exchange.
India imposes import curbs on herbicide Glufosinate & salts
New Delhi has placed restrictions on Glufosinate and its salts imports for six months. This herbicide, crucial for agriculture, will face curbs if its combined cost, insurance, freight, and anti-dumping duty fall below Rs 1,154 per kilogram. Some imports will require government registration. India's agricultural chemical imports reached $1.65 billion in FY25, with China being a major supplier.
Gold surges as US–Iran ceasefire weakens US dollar and fuels safe haven demand
Gold prices surged as US-Iran ceasefire talks weakened the dollar and heightened safe-haven demand. Ongoing geopolitical uncertainty, central bank buying, and inflation concerns support bullish sentiment, while upcoming data and fragile truce conditions may keep gold volatile yet upward biased.
Rice export rules relaxed for select European countries
India has eased rice export rules for many European nations. An inspection certificate from EIC/EIAs is now only required for exports to the EU, UK, Iceland, Liechtenstein, Norway, and Switzerland. Other European countries are exempt for six months. New rules also align feather and skin export policies with EU and UK regulations.
DGFT rolls out procedure for allocation of calcined coke
The Directorate General of Foreign Trade has released new rules for importing calcined petroleum coke for aluminium production. Applications are now open for allocations for the 2026-27 period. Additionally, a certificate of inspection for rice exports is now only required for specific European countries. Exports to other European nations are exempt for six months.
Govt extends minimum import price on natural honey till December 31
In a recent development, India's government has announced an extension of the minimum import price for natural honey, now effective until December 31, 2026. Set at USD 1400 per tonne, this initiative seeks to protect local apiculture by limiting the influx of inexpensive honey. The Directorate General of Foreign Trade has confirmed the new timeline.
Bombay High Court rules in favour of RIL: Directs MMRDA to refund Rs 646 crore
Bombay High Court quashed a Rs 1,116 crore demand against Reliance Industries for alleged construction delays on its BKC complex. The court found the process arbitrary, ordering a refund of Rs 646 crore paid under coercion. This significant relief follows RIL's argument that statutory approvals impacted project timelines.
Amid West Asia war, FY26 goods exports may fall 2-3%: FIEO
India's goods exports may see a 7-8% drop in March due to the West Asia conflict. Full fiscal year 2026 exports could be 2-3% lower. However, overall goods and services exports are projected to rise 5-6% for FY26. Rising raw material prices and shipping costs are impacting shipments. Exporters seek government intervention on interest rates and policy simplification.
Certificates of origin can only be issued by authorised agencies: DGFT
New rules mandate that only authorized agencies can issue Certificates of Origin. These certificates are crucial for exporters to claim duty concessions under Free Trade Agreements. Exporters must ensure invoice numbers match on certificates and shipping bills for automated verification.
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