Centre caps duty-free gold imports by exporters

IANS | May 14, 2026 9:11 PM

New Delhi, May 14 (IANS) The Centre has imposed a limit on duty-free gold imports under the advance-authorisation scheme for exporters at a maximum of 100 kg per licence in a move aimed at curbing diversion of imported gold into the domestic market to make a fast buck amid concerns over the soaring import bill, which is draining precious foreign exchange reserves.

West Asia crisis won’t be over anytime soon: Singapore PM

IANS | May 14, 2026 7:09 PM

New Delhi, May 14 (IANS) Leaders across the world have started raising the alarm over the energy shortage due to the Iran war and the wider economic disruption that is being caused in its wake, and Singapore's Prime Minister Lawrence Wong has now warned that the West Asian crisis is not likely to end anytime soon, and the adverse economic fallout is expected to deepen.