Economy

The US Congress has approved sweeping Russia sanctions legislation that could allow tariffs of up to 100% on major buyers of Russian energy. India is among the countries potentially affected, although no automatic 100% tariff has taken effect.

India’s merchandise exports rose to $43.81 billion in August while the goods trade deficit narrowed sharply from July. Here is what the numbers mean for the rupee, inflation, jobs and gold.

The government has barred banks and payment-system providers from charging for UPI transactions up to ₹2,000. But that does not mean every payment above ₹2,000 will now attract a fee.

EU ambassadors extended individual Russia sanctions for only seven days after failing to agree on a six-month renewal, with France and Slovakia pushing to remove billionaire Alisher Usmanov from the list.

Gold rates eased in Delhi on September 15, with 24K at about ₹15,424 per gram and 22K near ₹14,140. Check major-city rates, MCX gold and what is driving bullion today.

President Donald Trump has urged Volodymyr Zelenskyy to stop hitting Russian diesel facilities as a global fuel shortage pushes US prices above $6.

Gold prices slipped as surging crude oil increased inflation fears and Fed rate-hike expectations. MCX gold trading resumes at 5 PM after the holiday.

President Donald Trump wants the US to have the world's lowest interest rate, but Wall Street increasingly expects the Federal Reserve to raise rates instead.

Iran-Gulf talks over Strait of Hormuz have been postponed as an Iranian cargo vessel is struck and Houthi attacks intensify pressure on Saudi Arabia and Red Sea shipping.

A vessel has been struck by an unknown projectile while transiting the Strait of Hormuz, intensifying concerns over shipping security and global oil supplies.