PSEB Punjab Board Class 12th Result 2026 Live: The Punjab School Education Board (PSEB) is set to declare the Higher Secondary Board exam results today, May 13, 2026. Students can now check and download the Punjab Board 12th Result 2026 from the official website, pseb.ac.in
Gold rate today: Prices surge after Centre raises customs duty on precious metals; check latest prices in your cityToday Gold Rate: Despite the sharp jump, 24-carat gold prices are still down 1.07 per cent over the past week and 0.75 per cent over the last month. Updated on: May 13
India’s AI ecosystem is entering a defining phase where startups, SMEs, and enterprises alike are moving from experimentation to real-world impact. As AI adoption accelerates across industries, organisations now have a rare opportunity to lead innovation, influence business transformation
Dr Reddy shares: Shares of pharma major Dr Reddy's Laboratories swung between gains and losses in morning deals on the BSE on Wednesday, 13 May, a day after reporting a 86% year-on-year (YoY) drop in its March-quarter (Q4FY26) profit.Dr Reddy shares: Shares of pharma major Dr Reddy's Laboratories
In under a month from now, India's Aircraft Accident Investigation Bureau (AAIB) is expected to release its final report on the crash of London-bound Air India flight AI‑171 that went down seconds after take‑off from Ahmedabad in western India on 12 June 2025.In under a month from now
Actor Urvashi Rautela once again ensured all eyes were on her as she walked the red carpet at the 79th edition of the Cannes Film Festival. After rumours suggested that she might skip the event this year, Urvashi stayed true to her reputation for bold and extravagant fashion with a dazzling silver
Jason Holder has been a game-changer for Gujarat Titans, leading them to five wins in six matches since his inclusion. His exceptional bowling, with 13 wickets at an impressive average and strike rate, has been instrumental. Holder's all-round contributions, including fielding
After West Bengal, the Bharatiya Janata Party government in Bihar has also said that persons deleted during the special intensive revision of electoral rolls will not receive welfare benefits, The Indian Express reported. Bihar Chief Minister Samrat Choudhary told the newspaper that the persons
Gold Import Duty Hike
Gold Import Duty Hike: How Much Costlier Will Your Jewellery Become?
Gold Import Duty Hike 2026: Gold jewellery imports have become costlier from May 13 after the Centre sharply increased customs duty and AIDC (Agriculture Infrastructure & Development Cess) to 15 per cent on gold, silver and other precious metals in a major reversal of last year’s duty cut.
The Ministry of Finance, through customs notifications issued on the late evening of May 12, has raised the overall import duty burden on gold from 6% to 15%. The revised customs duty structure has come into force from May 13, 2026.
This comes less than two years after the government had slashed total gold import duty from 15% to 6% in the Budget 2024 to boost demand and curb smuggling.
Earlier, gold imports attracted a Basic Customs Duty (BCD) of 5% and an AIDC cess of 1%, which means the overall import duty of 6%.
Now, from May 13, the government has increased BCD to 10% and AIDC to 5%, taking the effective total import duty to 15%.
The government has also increased duty on several precious metal products, including silver, platinum, jewellery findings, precious metal waste, catalysts and coins.
The exact increase in jewellery prices will depend on international gold prices, making charges and GST, but the duty hike itself can significantly raise import costs.
For example, if imported gold worth Rs 1 lakh earlier attracted about Rs 6,000 in import duty, it could now attract around Rs 15,000.
That means the import-related cost alone rises by nearly Rs 9,000 per Rs 1 lakh of gold value.
For consumers, the actual increase in jewellery prices may vary depending on purity, jeweller margins and making charges. Industry experts expect retail gold jewellery prices to move higher as jewellers pass on at least part of the increased import cost.
The notifications also revise duty on jewellery “findings", small components used in ornaments such as hooks, clasps, screw backs and catches.
The revised rates are gold findings (5%), silver findings (5%), and platinum findings (5.4%).
The move comes amid rising concerns over India’s import bill and pressure on foreign exchange reserves due to geopolitical tensions in West Asia and rising global uncertainty. Prime Minister Narendra Modi had recently urged citizens to reduce non-essential imports, including gold purchases and foreign travel, to help conserve foreign exchange.
The government is also attempting to curb rising gold imports, which significantly impact India’s current account deficit and dollar outflows.
Source: News18
Related Posts: Scrapping cotton import duty will push farmers into distress Textile industry calls for removal of import duty on cotton Supreme Court seeks Centre’s response on plea for curbs on duty-free import of yellow peas Excise duty hike on petrol Cigarette Excise Duty Hike DGFT issues fresh list of banks authorised to import gold Govt slaps tight import restrictions on all gold China's Zijin Gold to buy Canadian miner Allied Gold for about $4 billion Agri, seafood exporters relieved, farmers agitated over possible import of U South African import Stubbs not throwing in the towel despite poor DC batting
Step inside ₹15 crore Gurgaon duplex penthouse in DLF Phase 1 with modern interiors: 520 square yards of pure luxuryThis Gurgaon penthouse redefines luxury living with its private terrace, natural light, high ceilings, and sophisticated design with a neutral colour scheme. Published on: May 13
1 minutes ago
CPI inflation rises to 3.48% in April on food price gainsThe April CPI print still captures only a limited pass-through from the global energy shock. Updated on: May 13, 2026 10:29 AM IST By Sreedev Krishnakumar Share via Copy link India’s headline retail inflation
1 minutes ago
Leader of Opposition in the Lok Sabha Rahul Gandhi on Tuesday accused the government of reducing the process of selecting the next director of the Central Bureau of Investigation to a “mere formality” and wrote to Prime Minister Narendra Modi to record his dissent
1 minutes ago
With the cancellation of the National Eligibility cum Entrance Test (NEET)-Under Graduate (UG) 2026 examination, the National Testing Agency (NTA), which conducts this entrance exam, has yet again come under the scanner for its alleged lax operational capacity, porous cybersecurity
1 minutes ago
Gold Import Duty Hike 2026: Gold jewellery imports have become costlier from May 13 after the Centre sharply increased customs duty and AIDC (Agriculture Infrastructure & Development Cess) to 15 per cent on gold, silver and other precious metals in a major reversal of last year’s duty cut
1 minutes ago
California gubernatorial candidate Katie Porter has referenced a previously viral video involving a staff interaction in a new campaign advertisement. The video, which surfaced in 2025, showed Porter telling a staffer to “get out of my f—ing shot" while recording a message
1 minutes ago
PM Modi asks SPG to reduce convoy size as austerity step amid West Asia conflictPM Modi had on Sunday advised citizens to adopt a clutch of austerity measures, including car pooling, using public transport, working from home, buying less gold and limiting foreign travel Published on: May 13
1 minutes ago
Cynthia West: 5 things on Thomas Massie's ex-girlfriend accusing him of hush money offerCynthia West, a former girlfriend of Kentucky representative Thomas Massie has accused him of a hush money offer, a week before the May 19 primary. Published on: May 13
1 minutes ago
Welcome to The India Fix by Shoaib Daniyal. A newsletter on Indian politics. As always, if you’ve been sent this newsletter and like it, to get it in your inbox every week, sign up here (click on “follow”). The state election results declared on May 4 offer an insight into Indian politics two
1 minutes ago
N. Rangasamy was sworn in as Puducherry Chief Minister for the fifth time on Wednesday, administered the oath by LG K. Kailashnathan. A four-time former CM, Rangasamy launched the AINRC in 2011 after splitting from Congress. He secured a fifth term as CM
1 minutes ago
Days after a Chinese engineer told state broadcaster CCTV that Beijing had provided “on-site” technical support to the Pakistan Air Force during Operation Sindoor, the Ministry of External Affairs on Tuesday (May 12, 2026) said that these reports “corroborate” what was known to India
1 minutes ago
Market Updates Today: Indian benchmark indices staged a strong recovery in late morning trade on Wednesday, reversing earlier losses as broad-based buying emerged across metals, pharma, financials and broader market stocks. At around 10:28 am, the NSE Nifty 50 was trading at 23,467
1 minutes ago
US President Donald Trump is bringing a host of top business and technology industry executives on his trip to China this week. Among those joining the president on his official trip to Beijing are Tim Cook of Apple, Elon Musk of Tesla and SpaceX, Larry Fink of BlackRock
2 minutes ago
With humid weather and monsoon season approaching in many parts of India, compact dryers and portable laundry drying machines are once again seeing strong demand during the ongoing Amazon Great Summer Sale. Buyers looking for apartment-friendly drying solutions
2 minutes ago
Ted Lasso actor Cristo Fernandez has signed for American second-tier side El Paso Locomotive after a two-month trial. The 35-year-old Mexican, who played Dani Rojas in the hit Apple TV+ programme between 2020 and 2023, will now take up a different role for the USL Championship side
2 minutes ago
A project to fix and paint the Lincoln Memorial Reflecting Pool, which President Donald Trump said would cost up to $2m (£1.5m), is now expected to cost $13.1m, federal records show. The no-bid contract went to a Virginia company, which critics say bypassed a federal requirement for competing
2 minutes ago
Leader of Opposition in Lok Sabha Rahul Gandhi on Tuesday recorded a dissent note during the Prime Minister-led selection committee meeting to choose the next Director of the Central Bureau of Investigation (CBI). In a letter addressed to Prime Minister Narendra Modi
2 minutes ago
The Board of School Education Haryana (BSEH) announced the Haryana Board Class 12 Result 2026 on the evening of May 12. Students can check their results on the official Haryana board website, bseh.org.in. This year, 242,856 candidates appeared for the HBSE Class 12 regular examinations. Of these
2 minutes ago
In a move that has rewritten the administrative playbook of Tamil Nadu, Chief Minister C Joseph Vijay has formalised a relationship that usually remains confined to the shadows of the “puja room". On Tuesday, the Tamilaga Vettri Kazhagam (TVK) leader officially appointed his personal astrologer
2 minutes ago
Actor Dileep Raj has died after suffering a heart attack, leaving the Kannada film and television industry in shock. The actor and producer reportedly suffered the cardiac arrest in the early hours of Wednesday and was rushed to Apollo Hospital in Kumaraswamy Layout
2 minutes ago
In a major development for women’s health, Polycystic Ovary Syndrome (PCOS)—one of the most common hormonal disorders affecting women—has officially been renamed Polyendocrine Metabolic Ovarian Syndrome (PMOS) after more than a decade of global discussion among doctors, researchers
2 minutes ago
The revised rates will come into effect from May 13 and cover multiple categories linked to gold, silver, platinum and jewellery manufacturing. The Centre has increased customs duty on several categories linked to imports of gold, silver and other precious metals through a set of Finance Ministry
2 minutes ago
The war of words between Vinesh Phogat and the Wrestling Federation of India has now drawn in former WFI chief Brij Bhushan Sharan Singh. Speaking to reporters on Tuesday, Brij Bhushan reacted to Vinesh’s recent claims that she was being prevented from competing in women’s freestyle wrestling
2 minutes ago
OnePlus Nord CE6, Nord CE6 Lite and the maturing affordabilityIf you must pick wisely depending on specific usage patterns, as you should, both Nord CE6 and Nord CE6 Lite do well in terms of consistency and intuitiveness within their spec defined boundaries. Published on: May 13
2 minutes ago
Heavily reliant on worker remittances from West Asia for its economic recovery, Sri Lanka has expressed “grave concern” over the escalating conflict in the region. Migrant workers sent a record $8 billion in remittances last year, boosting foreign reserves and helping recovery from the
2 minutes ago
Meta, the parent company of Facebook, is laying off another 8,000 employees, roughly 10 per cent of its global workforce, on May 20. Meta’s chief people officer Janelle Galle, stated that the laid off workers will get “generous” severance packages, reported Bloomberg
1 minutes ago
Delhi Capitals captain Axar Patel fined INR 12 lakhs for slow over rate in Match No. 55 of IPL 2026 against Punjab Kings, first offence under Article 2.22 Delhi Capitals have managed to keep themselves alive in the race for the IPL 2026 playoffs after chasing down 211 against Punjab Kings in
2 minutes ago
