Month: March 2026
CBIC introduces deferred customs duty payment facility for manufacturers-importers
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has introduced a deferred customs duty payment facility for eligible manufacturer importers. The step,…
West Asia conflict may spike dal prices; rice exports to Iran at risk
Kolkata: Indian consumers may soon have to pay more for staples such as dal as the West Asia conflict disrupts trade routes and pushes up…
Middle East conflict, rising oil prices threaten to slow India IT growth to 2–3% in FY27
New Delhi: India’s IT services sector is facing a disruption as the Middle East conflict threatens to slow tech spending and freeze expansion plans in…
We expect policy rate to be at current level or lower for a long time: Sanjay Malhotra, Governor, RBI
Reserve Bank of India governor Sanjay Malhotra told Sangita Mehta and Sruthijith KK in an interview that India’s Goldilocks phase can be sustained as macroeconomic…
Three crude oil tankers attacked in Strait of Hormuz as Iran war spreads| Business News
Three ships were reportedly attacked near the mouth of the Persian Gulf, amid signs that tanker traffic through the vital Strait of Hormuz oil-and-gas chokepoint…
Three more semiconductor plants to start operations by this year end: Vaishnaw| Business News
Union minister for electronics and IT Ashwini Vaishnaw on Sunday said that three more semiconductor plants under the Semicon Mission 1.0 will be operational by…
Crude oil prices jump 10% on Iran war, spike to $100/barrel seems certain| Business News
Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that crude oil prices could…
Sensex, Nifty 50 set for gap-down open as Iran war delivers crude shock for India| Business News
India’s stock market is likely to see a gap-down open on Monday as the Iran war is certain to deliver a crude shock for the…
Hedge funds, banks rethink presence in Dubai, Abu Dhabi amid escalating Iran war| Business News
As missiles and drones flew over the United Arab Emirates, traders and Wall Street executives who’ve flocked to the Gulf in recent years found themselves…
OPEC to raise output as Iran war threatens to bolster rally in crude oil prices| Business News
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to resume oil production increases next month as the Iran war brought on by Israel…