In response to disruptions in cargo movement linked to the Middle East crisis, the government has allowed an additional 30 days for the gems and jewellery sector to fulfil specific export and import timelines.The relaxation comes as exporters face delays in consignments to key markets in the region, which accounts for nearly 30 per cent…
US Federal Reserve Chair Jerome Powell on Monday said the central bank can look through the energy price shock triggered by the Middle East conflict, but warned it may need to act if rising costs begin to alter inflation expectations, AFP reported.“The tendency is to look through any kind of a supply shock,” Powell said…
The ongoing Iran war, now nearing four weeks with no clear resolution, is already pushing oil prices above $100 per barrel, with visible impact on fuel and household costs. Against this backdrop, Larry Fink, chairman and CEO of BlackRock, has outlined two sharply divergent paths for oil markets and the global economy.Speaking to the BBC,…
Wall Street’s main indices edged higher in choppy trade on Monday, recovering from the previous session’s sharp losses, even as the Middle East conflict widened and kept investors cautious.The Dow Jones Industrial Average rose 0.48 per cent, the S&P 500 gained 0.32 per cent, and the Nasdaq Composite advanced 0.19 per cent in early trade,…
Small Savings Schemes Interest rates (AI image) Latest Small Savings Interest Rates: The Finance Ministry announces the interest rates for post office and small savings schemes every quarter after a review. The interest rates for Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Senior Citizens Savings Scheme (SCSS), National Savings Certificates (NSC) etc are decided…
Equity benchmark indices Sensex and Nifty ended the last trading session of the 2025-26 financial year sharply lower on Monday, as the ongoing war in West Asia and rising crude oil prices kept investor sentiment under pressure.Weak cues from Asian markets and continued foreign fund outflows further dragged domestic equities.Extending losses for the second straight…
NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning: subsidies will not flow to companies that treat India as a factory floor without building design muscle. Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on…
Bank holidays in India can often be confusing, as they vary from region to region depending on the occasion. It is therefore advisable to double-check the holiday schedule before planning a visit to the bank, since branch closures differ across states and regions.In India, bank holidays are a combination of national and state-specific observances, which…
The Lok Sabha on Monday cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, as finance and corporate affairs minister Nirmala Sitharaman highlighted the law’s role in reshaping the country’s banking landscape. Speaking in the House, Sitharaman said that the Bill, introduced a decade back in 2016, has been instrumental in improving the health of…
The Middle East conflict has now crossed the one-month mark, with its effects causing ripples far beyond the region and into everyday life across the globe. What began as a confrontation between Iran and Israel is increasingly disrupting global supply chains, pushing up costs, and forcing governments and individuals to adjust.The war entered a new…
