Showers and sunshine tame India’s emissions

Showers and sunshine tame India’s emissions

CHENNAI: India’s carbon emissions have, for once, paused. In 2025, the country’s carbon dioxide output edged down, breaking a decades-long trend of steady increases. This is also the first time on record that emissions have fallen during normal economic conditions. Previous declines were seen only during exceptional disruptions, such as the 2020 pandemic and the…

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Stock Market Today Live Updates: Sensex opens over 250 points up; Nifty above 24,400 on hopes of US-Iran peace talks, drop in crude oil prices

Stock Market Today Live Updates: Sensex opens over 250 points up; Nifty above 24,400 on hopes of US-Iran peace talks, drop in crude oil prices

US equity markets retreated slightly on Monday, trimming some of their recent record-setting gains, even as oil prices moved higher amid renewed tensions between the United States and Iran. The increase in crude prices was more restrained compared to earlier phases of the conflict. The S&P 500 declined 0.2% from its record high, shedding 16.92…

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RBI partially rolls back curbs on rupee derivative trades

RBI partially rolls back curbs on rupee derivative trades

MUMBAI: RBI on Monday partially unwound emergency curbs on rupee derivatives, signalling a shift from firefighting to restoring normal market function after a spell of currency volatility.The central bank withdrew its April 1 directive, which had barred banks from offering non-deliverable forwards (NDFs)—offshore rupee derivatives settled in foreign currency—and prevented users from rebooking cancelled forward…

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Big payback: US launches portal to refund $166 billion in tariffs collected from Trump policy nixed by SCOTUS

Big payback: US launches portal to refund $166 billion in tariffs collected from Trump policy nixed by SCOTUS

The US government launched a portal Monday to refund more than $166 billion in revenue from tariffs imposed by President Donald Trump and struck down by the Supreme Court.In February, the conservative-majority high court ruled against a swath of Trump’s tariffs. The decision marked a stinging rebuke of his key economic policy and opened the…

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