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The Latest Breaking News from Narendra Modi

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…

The Economic Times

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…

MyLifeXP

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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

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…

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

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…

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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.

Fortune

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.

The Economic Times

Vedanta chief Anil Agarwal backs PM's call to save forex, pitches for mining reforms

Vedanta Chairman Anil Agarwal urged swift mining reforms to boost domestic production of oil, gold, and other critical resources, aligning with Prime Minister Modi's call to conserve foreign exchange. Agarwal emphasized privatization and self-certification in clearances to unlock the potential of existing assets and reduce import dependency, citing Vedanta's success…

The Economic Times

Timer, circuit board recovered with gelatin sticks near PM convoy route in Bengaluru

Police discovered gelatin sticks, a circuit, and a timer near Prime Minister Narendra Modi's route in Bengaluru. This discovery triggered heightened security and an investigation. A man who called police claiming to have planted a bomb has been arrested. Authorities suspect the explosives were not fully assembled. The National Investigation…

The Economic Times

When former PM Indira Gandhi donated her gold jewellery

An old photograph of Indira Gandhi donating her jewellery during the 1962 India-China war has resurfaced amid current debates on gold purchases. Responding to a national appeal for defence preparedness, Gandhi contributed approximately 367 grams of gold, becoming a symbol of sacrifice.

The Economic Times

Congress' Kumari Selja accuses Modi Govt of asking citizens to 'Sacrifice' amidst economic crisis and exam scams

Congress leader Kumari Selja has voiced strong opposition to the central government in light of deteriorating economic conditions that have left many struggling. Instead of solutions, she asserts that citizens are being nudged to make unnecessary sacrifices. Furthermore, Selja did not shy away from condemning the recent NEET-UG paper leak,…

The Economic Times

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The Economic Times

What should you do with your gold investments after PM Modi urges people to postpone gold purchases?

Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is welcomed, the industry fears business and job impacts. Experts advise existing investors to hold, suggesting digital gold for new buyers, and propose solutions like domestic gold recycling and…

The Independent UK

Modi urges Indians to work from home as US-Iran war sparks fuel crisis

Prime minister calls for adopting measures developed during Covid pandemic

The Economic Times

Gold, housing plays take a hit as PM Modi's austerity pitch rattles consumer-facing stocks

Jewellery and real estate stocks experienced a sharp decline after Prime Minister Modi urged financial restraint, advising citizens to postpone gold purchases and reduce discretionary travel. The comments, aimed at curbing fuel consumption amid geopolitical uncertainty and high energy costs, triggered an immediate market reaction in sectors tied to household…

The Economic Times

Austerity appeal: Sharad Pawar urges PM Modi to convene all-party meet

NCP (SP) chief Sharad Pawar has called for an all-party meeting. He wants to discuss the economic impact of Prime Minister Narendra Modi's austerity appeal. Pawar believes the appeal has caused unease among citizens and businesses. He stressed the need to restore public confidence and ensure stability. The government should…

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The Economic Times

BJP leaders arrive in big convoys despite PM Modi's austerity appeal; opposition cries foul

Congress has slammed BJP leaders in Madhya Pradesh after they arrived in large convoys after being appointed to state corporations. This happened despite Prime Minister Narendra Modi's call to reduce fuel consumption. Videos of the convoys have since gone viral.

The Economic Times

Labour reforms fully operationalised; govt pro-poor, industry friendly: Mansukh Mandaviya

India's central government has fully activated four new labor codes. These codes consolidate 29 existing laws into a modern framework. The reforms aim to boost worker protection and simplify business operations. They ensure equal pay for equal work and provide universal social security. The government emphasizes its commitment to being…

The Economic Times

Amid PM Modi's 'no gold buy' appeal, a scheme that planned mobilisation of idle gold at homes gets spotlight

The gems and jewellery sector is urging the government to strengthen the Gold Monetisation Scheme. Industry bodies believe domestic gold mobilisation and recycling offer a better solution to foreign exchange issues. They suggest this approach over deferring gold purchases, which could impact millions of livelihoods.

The Economic Times

Titan, Kalyan Jewellers & other gold stocks tumble up to 14% in two days after PM Modi's appeal. What lies ahead?

Gold jewellery stocks including Titan, Kalyan Jewellers and Senco Gold fell up to 14% in two sessions after PM Modi urged citizens to reduce gold purchases amid rising oil prices and FX pressures. Brokerages flagged possible policy signals, including import curbs and tighter capital controls, though analysts say long-term demand…

The Economic Times

‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving push

Union Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for fuel conservation amid the West Asia crisis. Puri asserted India's energy supplies remain stable, with significant domestic LPG production increases and substantial oil and LPG reserves in place.

The Economic Times

'Tell Adani, Ambani, to help India', says Congress leader V Hanumantha Rao; labels PM's 'spend less' slogan as post-election lecture

Congress leader V Hanumantha Rao criticizes Prime Minister Narendra Modi's appeals for citizens to reduce fuel and gold consumption. Telangana BJP chief N Ramchander Rao supports the Prime Minister's calls, emphasizing the need to conserve foreign exchange reserves. He highlights global fuel price volatility and India's better management.

The Economic Times

PM Modi Work from Home Advisory Updates: Here's what IT companies, industry bodies and leaders are saying about WFH shift

Prime Minister Narendra Modi has called for a return to work-from-home and virtual meetings. Businesses are reviewing remote work options. Citizens are urged to reduce fuel consumption, use public transport, and avoid unnecessary foreign travel. The appeal also includes reducing non-essential gold and edible oil purchases, and preferring Made-in-India products…

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