The US-Iran peace deal could provide support to India’s economic growth by helping normalise supply chains The interim peace deal between Iran and the United States could provide support to India’s economic growth by helping normalise supply chains and easing geopolitical pressures, the Reserve Bank of India (RBI) said in its bi-annual Financial Stability Report…
Latest small savings schemes rates for July-September 2026 quarter Latest Post Office Small Savings Interest Rates: The interest on small savings savings, popularly known as post office savings schemes, have been declared for the second quarter of the current financial year 2026-2027. The interest rates for the July-September 2026 have been announced by the Finance…
Oil prices were on track on Tuesday for their biggest quarterly decline since the early months of the Covid-19 pandemic in 2020, as investors closely monitored the possibility of fresh US-Iran talks amid growing uncertainty over a fragile ceasefire agreement.Brent crude futures for August delivery, which expire on Tuesday, rose 12 cents, or 0.16%, to…
GST’s taxpayer base has expanded significantly since its rollout, rising from 66.5 lakh in 2017 to 1.65 crore as of May 2026, reflecting greater formalisation of the economy. When the Goods and Services Tax (GST) was rolled out on July 1, 2017, it marked India’s biggest overhaul of indirect taxation since Independence. Replacing a patchwork…
The world’s third-largest oil importer received around 2.70 million barrels per day (bpd) of Russian crude during June India’s imports of Russian crude oil climbed to a record high in June as refiners increased purchases of discounted barrels to offset supply risks linked to disruptions around the Strait of Hormuz, according to preliminary ship-tracking data…
The Expenditure Finance Committee (EFC) under the Finance Ministry has cleared a proposal for a Rs 1.25 lakh crore outlay under India Semiconductor Mission (ISM) 2.0, marking a major step in the country’s efforts to strengthen domestic chip manufacturing and build a comprehensive semiconductor ecosystem, sources told PTI. The Expenditure Finance Committee (EFC) under the…
India’s crude oil imports have bounced back to near pre-conflict levels despite prolonged disruptions in the Middle East, as refiners adjusted their sourcing mix and leaned more on alternative suppliers. According to an HSBC Global Research report, Indian refiners managed to offset the impact of the Strait of Hormuz crisis by cutting reliance on traditional…
The Centre has extended the deadline for filing appeals before the Goods and Services Tax Appellate Tribunal (GSTAT) by one month to July 31, 2026, after taxpayers and industry raised concerns over technical glitches caused by a surge in filings on the GSTAT portal. The Centre has extended the deadline for filing appeals before the…
The yen has been steadily depreciating as Japan gradually emerges from decades of economic stagnation. (Image source: Adobe Stock) The Japanese yen has weakened to its lowest level against the US dollar since 1986, a move that is likely to heighten concerns among policymakers and keep market participants alert for the possibility of official intervention…
Reliance formally set Project Jupiter in motion by October. (file photo) Project Jupiter – that was the internal name of Reliance Industries’ project to push Jio Platforms Ltd towards its initial public offering – which is all set to be the biggest that the Indian stock market has seen.At Reliance Industries Ltd.’s annual general meeting…
GIFT City serves as the gateway for Indian investors to access overseas stocks. With interest in global investing rising, leading brokerages are establishing operations there to offer international investing to their customers. India’s largest discount brokerages, including Groww, Zerodha, Angel One, Upstox and Dhan, are gearing up to offer overseas investing through GIFT City, a…
Hospitality technology company Prism, the parent of OYO, has filed updated draft papers with markets regulator Sebi for a Rs 6,650 crore initial public offering (IPO) comprising entirely a fresh issue of shares with no offer-for-sale (OFS) by existing shareholders. Hospitality technology company Prism, the parent of OYO, has filed updated draft papers with markets…
