Business News from Thursday, May 14th, 2026

India caps duty-free gold imports for jewellery exporters to curb demand

India on Thursday tightened rules for duty-free gold imports for jewellery exports by capping imports at 100 kg per licence, the government said in an order.
Warsh wins confirmation as Fed chair, with inflation on the march

The US Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of the Fed.

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