DDIndia Business: Economic Headlines & Updates

Business

May 15, 2026 1:36 PM

Gold, silver tumble up to 4 per cent amid stronger dollar, rising crude prices

Gold and silver prices traded sharply lower on Friday, with both precious metals declining in domestic trade by up to 4 per cent amid strength in the dollar index. On the Multi Commodity Exchange (MCX), gold futures for June 5 fell as much as 1.52 p...

May 15, 2026 1:31 PM

ITR filing process for AY 2026-27 officially begins

The Income Tax Department on Friday said that it enabled the filing of Income Tax Returns (ITRs) for the financial year 2025-26 (assessment year 2026-27) with the release of Excel utilities for ITR-1 and ITR-4 forms on e-filing portal. Announcing th...

May 15, 2026 1:12 PM

OpenAI launches Codex in ChatGPT mobile app for iOS, Android

OpenAI has integrated its AI coding assistant Codex into the ChatGPT mobile app for iOS and Android users, enabling developers to monitor, manage and approve coding tasks remotely through their smartphones. The feature is being rolled out in preview...

May 15, 2026 12:34 PM

Musk accused of ‘selective amnesia,’ Altman of lying as OpenAI trial nears end

A lawyer for Elon Musk hammered at the credibility of OpenAI CEO Sam Altman on Thursday, near the end of a trial over whether to hold the ChatGPT maker and its leaders responsible for allegedly transforming the nonprofit into a vehicle to enrich them...

May 15, 2026 10:40 AM

Trump says Xi is ‘all business’ as talks resume after Taiwan warning

U.S. President Donald Trump and China's Xi Jinping are set to meet on Friday to wrap up a two-day state visit that has featured pomp and business deals but also a warning from Xi that mishandling the Taiwan issue could send relations spiraling. Trum...

May 15, 2026 10:06 AM

Indian markets trade flat amid mixed global cues, oil prices rise

Indian equity markets traded flat in early trade on Friday amid mixed global cues from Asian and US markets. Nifty was trading at 23,663, down 0.11 per cent or 26.25 points from the previous close, while Sensex was at 75,251, lower by 0.2 per cent o...

May 15, 2026 10:06 AM

Foxconn projects 30% capex growth in 2026 amid robust AI demand

Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Thursday said it expects its capital expenditure to grow by more than 30 per cent in 2026, driven by sustained demand for artificial intelligence (AI) and cloud-based infrastructure. ...

May 15, 2026 9:48 AM

Trump says he is losing patience with Iran after talks with China’s Xi

U.S. President Donald Trump said his patience with Iran was running out after he discussed the costly and unpopular war with Chinese President Xi Jinping on Thursday and a ship was reported seized by Iranian personnel off the United Arab Emirates. T...

May 15, 2026 9:31 AM

Asian shares fall as US yields hit one-year high

Asian shares came under pressure on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets on a U.S. rate hike this year. Oil prices kept climbing amid the lack of pr...

May 14, 2026 8:43 PM

India, UAE look to expand economic partnership during PM Modi’s visit

India and the United Arab Emirates are preparing to further expand one of Asia’s fastest-growing economic partnerships, as Prime Minister Narendra Modi arrives in Abu Dhabi on Friday for high-level discussions expected to focus on trade, investment...