As energy supply disruptions due to the ongoing Middle East conflict stretch into a second month, the government has moved to cushion the impact on domestic industries by granting a full customs duty exemption on select critical petrochemical products, providing much-needed short-term relief. The decision, which will be applicable until June 30, will address supply…
Stock market opened in red on Thursday, with benchmark indices falling around 2% as investor sentiments were dragged down by fresh geopolitical tensions. The fall came after US President Donald Trump said in an address that the United States would hit Iran “extremely hard” within weeks, ending hopes of a quick end to the conflict…
MUMBAI: Peace hopes in West Asia led to a global rally since late Tuesday that spilled over to the Indian market on Wednesday and boosted investor sentiment on Dalal Street. As a result, stocks rallied smartly with the sensex closing 1,187 points (1.7%) up at 73,134 points. The day’s rally in the stock market was…
US President Donald Trump on Wednesday (local time) suggested that countries facing fuel shortages during the ongoing war with Iran should either buy oil from the United States or take stronger steps to secure supplies, going to the Strait o Hormuz, themselves. Speaking in a prime-time address at 9 pm EDT from the White House’s…
The survivor of a sexual assault that took place in a Travelodge hotel room has accused its CEO of not taking the issue of women’s safety “very seriously”. Molly, not her real name, has chosen to speak publicly after the attack in 2022 by a man who was wrongly given access to her Berkshire hotel…
Millions of motorists who were mis-sold car finance agreements are due to receive £829 on average in compensation, it has been announced. But why is this happening, and who can make a claim? Sky News explains… The scandal When you buy a car on finance, you are effectively loaned the money for the vehicle, which…
For months businesses have been anticipating the impact of a range of tax and regulatory measures announced by the government in the budget and in the weeks since. They will start to apply to companies, employees and ultimately consumers from April. Money blog: Follow latest Here we take a look at the various measures imposed…
Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) aimed at expediting resolution of stressed companies and reducing case backlogs, with Finance Minister Nirmala Sitharaman underlining that the objective is to revive firms rather than liquidate them, according to PTI.The Rajya Sabha cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2026 by…
New Delhi: The earnings of Indian Railways from passenger movement rose 6% to around Rs 80,000 crore in 2025-26, while freight revenue lagged, clocking a 1.4% rise to Rs 17.8 lakh crore.Data showed that the national transporter carried a record 741 crore passengers during the last financial year and freight loading was at an all-time…
The Income Tax Act, 2025 came into force from April 1, marking a major overhaul of India’s tax framework, with the Central Board of Direct Taxes (CBDT) describing it as a step towards simplified compliance and a “new chapter” in tax administration, according to PTI.The new law replaces the six-decade-old Income Tax Act, 1961, and…