In Chennai, petrol is priced Rs 85.70, up 29 paise, and diesel is priced Rs 78.31, which is 21 paise increase from Wednesday's price. Petrol has taken a 3 paise jump in Kolkata to reach Rs 84.4, while diesel is Rs 75.72.

India's steel imports totaled $6.5 billion in 2017/18, according to official data.

The drop in value of rupee and spike in international crude oil prices may force the government to curb imports of non-essential commodities including gold.

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Credit Suisse in a note said an overhang on Titan is potential regulatory action if rupee depreciation worsens. In 2013, govt had taken measures to curtail gold imports to support the currency.

Today, the market extended losses with the Sensex closing 509 points or 1.34% lower at 37,413. Nifty too fell 150 points or 1.32% to 11,287 level. The Sensex has lost nearly 1,000 points in the last two sessions in a rout triggered by the worsening trade data. The Nifty too has lost 300 points in the same period.

According to Kochi-based Federal Bank, there are signs of a spurt in remittances already, with the banks remittance handling go up to Rs 1,000 crore per week last fortnight, as against the usual average of Rs 700-800 crore.

The RBI's move signals that gold could be in demand as a store of value given the declining returns and capital values of fixed-income bonds in a rising interest rate environment.

The SBI submitted that by effecting the provisional attachment order, the ED had scuttled the frantic efforts of the banks from realising public money.

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Charge 3 is crafted from lightweight materials, including an aerospace grade aluminium case and Corning Gorilla Glass 3 display.

The stock has grown 561 per cent from Rs 98.30 on August 16, 2013 to Rs 640 on August 16, 2018. The Sensex has doubled during the same period. Meanwhile, its listed peers PC Jewellers and Titan Company rose 127% and 283.44%, respectively, during the last five years.

The currency fell 42 paise to hit a fresh all time low of 70.32 intra day. Earlier, it opened 35 paise lower to 70.25 level compared to the US dollar.

Traders said, a weak trend overseas was observed as the US dollar climbed to a 13-month high against major peers amid financial crisis in Turkey, which mainly influenced the sentiment in New Delhi.

As millennial form a higher percentage of population, the attachment to physical investment is reducing, indicating a change in the millennial psychology.

Though the situation is not as bad as it was in September 2013, when the currency slipped big time, the RBI has enough ammunition at its disposal to counter slipping from its hand.

Washington decided to reimpose sanctions on Iran upon its withdrawal from a 2015 deal between world powers and Tehran in May, and has told countries they must halt all imports of Iranian oil from November 4 or face US financial measures.

Contrary to expectations, gold prices have been dipping steadily over the past few weeks. In fact, the yellow metal extended falls to a one-year low in the global markets today.

The jump in Indian market was recorded after gold prices rose to a two-week high in global markets rebounding from a seven-month low touched in the previous session.

\"Investors are more circumspect about everything. Trade war-related issues can possibly pose nasty surprises if they are not reined in properly,\" said Deven Choksey, founder, KR Choksey Investment Managers.