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Bullion duty shock jolts domestic markets

Gold and silver prices surged across domestic futures and physical markets on Wednesday after the Centre raised import duties on the two precious metals, jolting traders, jewellers and investors already navigating elevated global prices and wider economic uncertainty. Silver hit the 6 per cent upper circuit on the Multi...

in Lead
May 13 · >

Tehran backs Beijing’s Gulf peace framework

Tehran has signalled readiness to support President Xi Jinping’s four-point proposal for ending the United States-Iran war, placing Beijing’s diplomatic framework at the centre of a widening contest over security in the Persian Gulf. Abdolreza Rahmani Fazli, Iran’s ambassador to China, said on Monday that the Islamic Republic was...

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May 12 · >

Mamata faces cold shoulder in Bengal

Mamata Banerjee’s call for a broad anti-BJP front in West Bengal has run into a firm rebuff from the Congress, the Left Front and CPI-ML, deepening the Trinamool Congress’s isolation after its sharp defeat in the Assembly election and the formation of the state’s first Bharatiya Janata Party government....

in Lead
May 11 · >

Vijay centralises power in Tamil Nadu

Chennai witnessed a striking transfer of authority on Sunday as Tamilaga Vettri Kazhagam founder C Joseph Vijay took oath as Chief Minister of Tamil Nadu, capping four days of intense bargaining after a fractured Assembly verdict and immediately signalling that decision-making in the new government would rest firmly with...

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May 11 · >

VCK backing edges Vijay towards power

Viduthalai Chiruthaigal Katchi’s two legislators are set to become decisive in Tamil Nadu’s government formation, with the party expected to announce support on Saturday for C. Joseph Vijay’s Tamilaga Vettri Kazhagam after days of intense negotiations following a fractured Assembly verdict. The move, if formalised, would give Vijay the...

in Lead
May 9 · >

Vijay’s oath wait deepens in Chennai

Governor Rajendra Vishwanath Arlekar has not cleared Tamilaga Vettri Kazhagam chief C. Joseph Vijay’s bid to take oath as Tamil Nadu chief minister on Saturday, with Raj Bhavan unconvinced that he has established a reliable majority in the 234-member Assembly. The delay has pushed Tamil Nadu’s government-formation battle into...

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May 8 · >
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