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Vehicles at a petrol pump in Prayagraj on Thursday. (HT)
Posted in Business

India eliminates key excise duty on petrol, diesel prices despite crude oil shocks| Business News

The central government has eliminated key excise duty on petrol and diesel prices in India, in what can be seen as an attempt to shield…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

Sensex, Nifty 50 set to open lower today as Iran war drags on| Business News

Indian shares are on course to open lower on Friday, tracking global stocks and elevated Brent crude prices, as hopes for a resolution to the…

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Posted in Economy

Reserve Bank of India to hold interest rates until at least mid-2027: Reuters poll

The Reserve Bank of India will hold its key interest rate unchanged at 5.25% on April 8 and at least until mid-2027, a Reuters poll…

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Posted in Economy

In veiled dig at US, Beijing says India and China’s growth built on hard work, not due to foreign generosity

India and China achieved “remarkable” development in the last few decades because of their “hard work” not due to the “generosity” of others, Chinese ambassador…

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Posted in Economy

Iran-India fuel trade begins after strait open sesame. Traffic of ‘friendly’ India can pass, says Araghchi; first LPG cargo due this week

Indian refiners have begun buying Iranian crude oil and LPG after the temporary lifting of US sanctions, to make up for supplies lost due to…

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Turkiye lifts objection to IFD pact incorporation
Posted in Economy

Turkiye lifts objection to IFD pact incorporation

New Delhi: Turkiye on Thursday lifted its objection to the incorporation of the China-led Investment Facilitation for Development (IFD) agreement in the WTO framework as…

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CSR spends up but aspirational districts fail to get bigger share
Posted in Economy

CSR spends up but aspirational districts fail to get bigger share

New Delhi: Spending by eligible listed companies on corporate social responsibility (CSR) has risen sharply over the past decade, but aspirational districts that typically face…

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Posted in Economy

Sugar feels the heat as eateries cook less

New Delhi: India’s sugar consumption slowed this month as major users like restaurants, hotels and large kitchens cut down on cooking amid a shortage of…

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Posted in Economy

At WTO meet, Piyush Goyal says plurilateral agreements must not be imposed

India on Thursday said incorporation of plurilateral outcomes into the World Trade Organization (WTO) framework must be based on consensus and should not impose obligations…

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Posted in Economy

Gulf conflict puts FY27 growth at risk

India’s economic outlook is under increasing pressure from the West Asia conflict, with economists warning of a 50-60 basis point hit to FY27 growth. Elevated…

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