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Gold Prices Dip Slightly in India on June 17, 2026, Tracking Global Trends
Gold prices in India saw a minor decrease on June 17, 2026, influenced by global bullion rates. Major jewelers reported lower prices for 22k gold compared to the previous day. Experts suggest gold may target $4,500–$4,550 amid easing US-Iran tensions and Fed rate hike expectations.
India's Silver Imports Plummet Over 81% in May Amidst New Regulations
India's silver imports saw a drastic 81.6% decline in May, falling to $76 million from $411 million in April. This sharp drop follows the government's imposition of higher import duties (6% to 15%) and mandatory licensing, aimed at curbing record-breaking imports from the previous fiscal year.

50 डिग्री तापमान में ईरानी तेल की तस्करी करने वाले बाइक सवार
पाकिस्तान के बलूचिस्तान में तस्कर ईरानी तेल की तस्करी कर रहे हैं, जो अमेरिका-इसराइल युद्ध के कारण बढ़ी कीमतों का फायदा उठा रहे हैं। यह काम बेहद खतरनाक है, जिसमें जान का जोखिम होता है, लेकिन रोज़गार के अभाव में लोग इसे मजबूरी में कर रहे हैं।
HDFC Bank Board to Review Chakraborty Probe Findings, Consider Chairman Extension
HDFC Bank's board meets June 18 to review law firms' findings on Atanu Chakraborty's concerns, with preliminary reports indicating no governance issues. The board will also seek a three-month extension for interim chairman Keki Mistry, pending RBI approval.
Indian Banks Launch FCNR(B) Schemes with Up to 6.50% USD Deposit Rates
Several Indian banks, including Canara Bank, Federal Bank, Bank of Baroda, and IOB, have introduced FCNR(B) schemes offering attractive interest rates up to 6.50% on US dollar deposits. These schemes, effective from June 2026, aim to boost foreign currency inflows and offer tax benefits to Non-Resident Indians.
India Considers China-Style Policy for Larger Crude Oil Stockpiles
India is exploring a China-like policy to compel domestic refiners to maintain larger crude oil inventories, aiming to mitigate risks from supply disruptions. This proposal, still in early stages, would require refiners to hold approximately 30 days of national demand, potentially costing Rs 60,000 crore for crude purchases alone.
