German luxury carmaker Audi announced significant price reductions on Monday, cutting costs by Rs 2.6 lakh to over Rs 7.8 lakh across its vehicle range in India. The move comes as part of passing on the benefits of the revised GST 2.0 rates on automobiles. Audi India stated that the updated pricing applies to its entire product portfolio.
RBI likely sold $12 billion in gold reserves amid rupee pressure
India’s central bank, the Reserve Bank of India (RBI), is estimated to have sold nearly $12 billion worth of gold reserves within a two-week period ending May 22. The assessment, based on...




