Rupee gains 20 paise against US dollar as RBI support kicks in, greenback weakens
https://timesofindia.indiatimes.com/business/india-business/rupee-gains-20-paise-against-us-dollar-as-rbi-support-kicks-in-greenback-weakens/articleshow/134983035.cms

On Friday, the Rupee showcased a solid performance, climbing 20 paise to hit 94.79 against the US dollar, building on gains from the previous day aided by a softer dollar and actions by the Reserve Bank of India. Nevertheless, escalating crude oil prices curtailed further advancements, even as domestic equities remained upbeat.

FM Sitharaman seeks early India-US trade deal, flags China’s market access barriers
https://timesofindia.indiatimes.com/business/india-business/fm-sitharaman-seeks-early-india-us-trade-deal-flags-chinas-market-access-barriers/articleshow/134983574.cms

Finance Minister Nirmala Sitharaman highlighted the need to finalize the India-US trade agreement for enhanced bilateral relations. She expressed concerns over the trade imbalance with China and non-tariff barriers obstructing market access. Sitharaman stated that infrastructure investment has sustained India's economic growth during global disruptions. She also emphasized the importance of public capital expenditure in creating economic benefits through infrastructure development.

How much gold and silver can you legally keep at home?
https://timesofindia.indiatimes.com/business/india-business/how-much-gold-and-silver-can-you-keep-at-home-without-tax-trouble-500g-for-married-women-250g-for-unmarried-women-and-100g-for-men-and-why-they-are-not-tax-free-limits/articleshow/134987512.cms

In a recent case before the ITAT Mumbai, the Income Tax Department carried out searches at a woman's residence and bank lockers, and seized diamonds, gold and silver articles, along with jewellery, which it treated as unexplained assets. The seized items included gold jewellery of 427.71 grams, 258 grams of pure gold, diamond-studded jewellery containing 161.33 grams of gold, and articles made of a silver mixture weighing 11.200 kg.

Return of Middle East oil: Has Iran lost control of Hormuz & why are crude prices still up?
https://timesofindia.indiatimes.com/business/india-business/the-return-of-middle-east-oil-has-iran-lost-control-of-strait-of-hormuz-why-are-crude-prices-still-up/articleshow/134991982.cms

The US war with Iran exposed Tehran’s ability to disrupt the global economy by blocking the Strait of Hormuz. Before the war, around 19 million barrels of crude oil were exported daily from the Middle East. However, September data from tanker-tracking firm Kpler showed oil flows recovering to an average of 16 million barrels per day, the highest since the conflict began.

India flags trade concerns, market access barriers; China reacts
https://timesofindia.indiatimes.com/business/india-business/ready-to-work-with-india-china-says-it-does-not-seek-trade-surplus-as-sitharaman-flags-market-access-barriers/articleshow/134997894.cms

China has acknowledged India's concerns regarding trade barriers and the growing trade deficit during recent discussions. Finance Minister Nirmala Sitharaman highlighted India's challenges in accessing the Chinese market for its products. The trade deficit with China widened significantly, reaching $105.93 billion in the first nine months of the year. India is striving to improve bilateral trade ties with China through negotiations and ongoing discussions.

Middle east war hits Indian fuel retailers: OMCs losing up to Rs 30 per litre, says report
https://timesofindia.indiatimes.com/business/india-business/middle-east-war-hits-indian-fuel-retailers-omcs-losing-up-to-rs-30-per-litre-says-report/articleshow/134997902.cms

Indian oil marketing firms are grappling with significant losses, facing Rs 26 loss per litre for petrol and Rs 30 for diesel. The turmoil in West Asia has led to skyrocketing procurement and freight costs, rising eightfold, which heavily influences overall expenditures. Compounded by interruptions in crude shipments from the Middle East, these conditions create ongoing financial strain, even as refining margins stay strong.

US seeks bids to exchange 17 million barrels of crude from strategic reserve
https://timesofindia.indiatimes.com/business/international-business/us-seeks-bids-to-exchange-17-million-barrels-of-crude-from-strategic-reserve/articleshow/134998661.cms