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Global oil prices surged sharply this week as renewed US-Iran tensions and concerns over the Strait of Hormuz rattled energy markets.

Gold and silver prices rose sharply this week on MCX amid geopolitical uncertainty and volatility in global crude oil prices.

Fuel export duties have changed again, with fresh revisions in petrol, diesel and ATF taxes likely to draw attention across sectors.

The IMD issued alerts for heavy rain, thunderstorms, hailstorms and strong winds across 15 states, while heatwave conditions are expected in parts of Punjab and Delhi.

Gold and silver prices declined sharply in domestic and global markets as a stronger dollar index, rising crude oil prices and inflation concerns pressured precious metals.

Petrol and diesel prices increased by more than Rs 3 per litre across India, while CNG rates were also raised following a surge in global crude oil prices and mounting losses for oil companies.

Gold and silver prices fell on MCX after the import duty hike, with silver dropping nearly 2 per cent due to profit booking by investors.

Federation of Resident Doctors Association urged PM Modi to take strict action after the NEET-UG 2026 cancellation over alleged paper leak allegations.

Gold and silver prices surged up to 8 per cent on Wednesday after the government sharply increased import duties on precious metals to conserve foreign exchange reserves.

Will rain and thunderstorms bring relief to Delhi-NCR today? IMD has issued a yellow alert for strong winds and lightning.