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The Latest Breaking News from Narendra Modi

After PM Modi asked Indians to save fuel, Anupam Mittal made one surprising change for 500 Shaadi.com employees

Anupam Mittal is implementing a one-day-a-week work-from-home policy for his 500 employees, aiming to save approximately 30,000 liters of petrol annually. This initiative follows Prime Minister Modi's appeal for fuel conservation amidst global supply pressures. The move has sparked debate online regarding the potential of hybrid work to reduce fuel…

The Economic Times

Nitin Gadkari to cut convoy by 50 pc during two-day Maharashtra visit

Union Minister Nitin Gadkari is slashing his convoy by half during his Maharashtra visit, embracing Prime Minister Modi's call for fuel conservation and austerity. He'll travel by bus with officials and media to inspect pilgrimage routes, aiming to boost energy security and public convenience. This initiative aligns with broader efforts…

The Economic Times

Why Modi is asking people in India to stop buying gold

The unusual appeal from the prime minister has a direct impact on India’s foreign exchange reserves as the economy grapples with energy crisis and declining currency value, writes Namita Singh

The Independent UK

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Gold volume growth may dip 10–15% after duty hike, say jewellers

India's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due to gold's cultural and investment importance. Consumers might opt for lighter jewellery. The government aims to conserve foreign exchange and boost domestic gold recycling. Initiatives are underway to encourage…

The Economic Times

Russia to fulfil all agreements on energy supply to India: Russian FM Lavrov

Russian Foreign Minister Sergey Lavrov has assured India that energy supply agreements will be completed. He stated that relations between Russia and India are based on deep friendship. Lavrov praised Prime Minister Narendra Modi as an energetic leader. He pledged that unfair competition will not harm their energy deals.

The Economic Times

BJP sweeps Haryana municipal corporation polls, tastes victory in Hooda bastion

The Bharatiya Janata Party has achieved a significant victory in Haryana's municipal corporation elections. The party secured wins in Ambala and Sonipat, and holds a commanding lead in Panchkula. Celebrations erupted as BJP workers distributed sweets. Chief Minister Nayab Singh Saini attributed the success to public trust in Prime Minister…

The Economic Times

PM Narendra Modi's convoy reduced to just two cars, watch viral video

Prime Minister Narendra Modi has significantly reduced his convoy size to just two vehicles during recent domestic travel, a move also adopted by Union Home Minister Amit Shah. This austerity push, aimed at fuel conservation and sustainable practices, aligns with the PM's appeal for reduced fuel and gold consumption, prompting…

The Economic Times

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Himachal Governor announces 'Petrol-Free Sundays' at Lok Bhawan amid fuel conservation push

Himachal Governor Kavinder Gupta has declared Lok Bhawan a Fuel Conservation Zone. Official vehicles using imported fuel will not operate on Sundays. The Governor will also forgo his official vehicle one day weekly, opting for electric transport or carpooling. Non-essential meetings will move online.

The Economic Times

PM Modi's save fuel appeal: From Amit Shah to Rajnath Singh, these ministers are cutting down their convoy sizes

Prime Minister Narendra Modi's call for austerity is resonating across BJP governments. Union ministers and chief ministers are downsizing their convoys and cutting non-essential travel. This move aims to conserve fuel and promote responsible living amid global energy uncertainties.

The Economic Times

Manappuram Finance, IIFL Finance, other stocks rally up to 11% as gold prices soar after import duty hike

Shares of gold financiers Manappuram Finance, Muthoot Finance and IIFL Finance rallied sharply after the government raised import duty on gold to 15%, triggering a surge in domestic gold prices. Higher gold prices improve collateral value for gold loans, potentially boosting lending demand and benefiting companies focused on gold-backed financing…

The Economic Times

India rolls out new gold math with import duty hike. Who will foot the bill?

India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange reserves amid rising risks from the Middle East conflict. The move follows Prime Minister Narendra Modi’s appeal to avoid unnecessary gold purchases and foreign travel.

The Economic Times

Jewellery stocks take Rs 60,000 crore hit in 3 days on govt's double-blow. Is the worst behind?

Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged households to defer gold purchases and the government hiked import duties. The double blow has rattled sentiment, though analysts see no structural threat to India’s long-term gold…

The Economic Times

'Husbands support PM's no-gold buy appeal for a year' Memefest erupts over social media, check hilarious posts on 'gold rush'

Prime Minister Modi's call to reduce gold buying has sparked widespread online humor, with husbands across India celebrating the appeal. Social media is flooded with memes and jokes, portraying this as a long-awaited government endorsement for delaying expensive jewelry purchases and prioritizing savings.

The Economic Times

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility due to rising energy import costs and inflation risks. The government has already reduced duties and state refiners are absorbing losses. Prime Minister Modi urged citizens to conserve fuel. Oil…

The Economic Times

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The Economic Times

The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?

India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflows and stabilise the rupee, experts warn it may simply push more demand into the grey market, with limited impact on India’s structural gold appetite.

The Economic Times

Work From Home Advisory: From UP, Delhi to Maharashtra, check all announcements by states

WFH News: Following Prime Minister Modi's call for fuel conservation, several Indian states have implemented austerity measures. Governments are cutting official vehicle use, shrinking VIP convoys, and promoting work-from-home and public transport. These initiatives aim to reduce unnecessary spending and conserve resources amid global uncertainty.

The Economic Times

Hindustan Zinc shares surge 5% as silver prices near Rs 3 lakh/kg after import duty hike; Vedanta shares jump 4%

Government has raised import duties on gold and silver to 15 percent. This move has caused precious metal prices to surge. Hindustan Zinc and Vedanta shares saw significant jumps following the announcement. The government aims to curb imports and stabilize the rupee. Hindustan Zinc, India's largest silver producer, is expected…

MyLifeXP

Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

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The Economic Times

India raises gold import duty back to 15%: What’s behind the move

India has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign exchange reserves. The government prioritises essential imports like crude oil and fertilisers. This decision reflects a proactive approach to manage external risks.

The Economic Times

Gold prices today: Check 18 carat, 22 carat and 24 carat gold rates in Delhi, Mumbai, Chennai, Kolkata and other cities as govt hikes import duty

Gold rates today: India has significantly boosted import duties on gold and silver to 15% from 6% to curb overseas purchases and protect foreign exchange reserves. In Delhi, the rates of 24k, 22k and 18k gold stand at Rs 1,54,140, Rs 1,41,310 and Rs 1,15650, respectively. The rates in Mumbai…

The Economic Times

PM Narendra Modi asks SPG to halve convoy size amid austerity push: Report

Prime Minister Narendra Modi has ordered a significant cut in his official carcade. The Special Protection Group is reducing convoy vehicles by nearly half. He also wants more electric vehicles used. This move signals a broader push for austerity across government ministries. Officials are now discussing ways to cut fuel…

MyLifeXP

Why Gold Prices May Rise Even More After Modi’s Warning

Gold is not just metal in India. It is emotion, tradition, security, and status packed into one shining investment. From weddings to festivals, buying gold feels almost natural in Indian households. But now, a serious warning from Prime Minister Narendra Modi has sparked a nationwide conversation. Why does the government…

Fortune

India brings back COVID-era work-from-home rules and asks farmers to halve fertilizer use as the Iran war chokes its oil lifeline

India is particularly exposed to the Iran oil shock as 50% of its crude oil imports pass through the Strait of Hormuz.

The Economic Times

Global turmoil is India’s 'wake-up call' to cut import dependence: Piyush Goyal

India's Commerce Minister Piyush Goyal urges domestic industry to embrace self-reliance amid global challenges. He calls for increased productivity and better use of trade agreements. The minister emphasizes reducing import dependence to bolster the economy. He also highlights the potential of electric vehicles and advanced technologies like AI for growth.…

The Economic Times

War on Iran about oil, not for wiping out civilisation: RSS General Secy Hosabale

The West Asia conflict is driven by oil, not civilization, according to RSS General Secretary Dattareya Hosabale. He believes India can influence leaders towards peace. Wars stem from greed or wicked minds. Hosabale also supported Prime Minister Narendra Modi's call for austerity, deeming it essential for India's well-being.

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