Top headlines: Gold import duty raised to 15%, GST receipts up 56% in June

India's factory output expanded at its slowest pace in nine months in June. More on that in our top headlines

India has imposed windfall tax on oil producers and refiners who have boosted product exports to gain from higher overseas margins as the government seeks to increase local supply of fuels to meet rising demand and increase federal revenues. The country raised its basic import duty on gold to 12.5 per cent from 7.5 per cent, the government said on Friday. More on those stories in top headlines this evening.

PMI Manufacturing: June factory growth at 9-month low as inflation bites

India's factory output expanded at its slowest pace in nine months in June as elevated price pressures continued