The Centre has designated sectors such as steel, automobiles, textiles, dyes, chemicals and plastics as priorities. (AI image) LPG crisis for factories across the country seems to be easing as the government steps up availability of commercial liquefied petroleum gas. Production disruptions are gradually subsiding as supplies of commercial LPG improve and migrant workers return…
One of the most notable changes is the introduction of a unified ‘Tax Year’. (AI image) By Sunil BadalaAs we approach FY 2026-27, the country stands at the cusp of one of the most significant overhauls of its income-tax framework in decades. With the introduction of the new Income-tax Act, 2025 and the Income-tax Rules,…
Gold is witnessing sharp swings in a broad range amidst mixed signals. (AI image) Gold price prediction today: Gold prices seem to be exhibiting a corrective phase with a bearish tone, feels Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. The analyst shares his outlook on the yellow metal:Gold is witnessing…
As global energy supplies come under strain due to the ongoing Middle East conflict, the Centre has introduced a temporary measure to ease pressure on cooking fuel availability in the country. Under the 60-day emergency plan, announced on Monday, states and Union Territories will receive additional kerosene for essential household use, including cooking and lighting.The…
Trading volumes are likely to be subdued, with domestic commodity markets set to remain shut on March 31 and April 3 due to Mahavir Jayanti and Good Friday. In the domestic market, gold futures ended last week slightly lower at Rs 1.44 lakh per 10 grams, while silver closed higher, gaining Rs 1,182, or 0.52…
Oil prices surged sharply on Monday, with Brent crude crossing the $110 mark and West Texas Intermediate (WTI) climbing past $100 a barrel, as the Middle East conflict completed its one month. Markets remained on edge as Houthis enter the Iran war and US plans to extend onground presence in the region, further fueling uncertainty…
NEW DELHI: Confederation of Indian Industry (CII) on Sunday called upon companies to work with govt to build reserves of raw material, fuel and strengthen supply chains amid disruptions from the West Asia crisis.“The present situation represents a supply side disruption, with pressures transmitted through energy costs, logistics and working capital cycles,” it said in…
NEW DELHI: The ongoing West Asia conflict and concerns over energy supplies have prompted govt to explore faster rollout of flexible-fuel vehicles (FFVs), which can run on blended petrol as well as 100% ethanol. At a meeting called by the petroleum ministry on Saturday, original equipment manufacturers (OEMs) flagged the need to address consumer concerns,…
MUMBAI: RBI has placed consumer empowerment through portable bank accounts and cross-border efficiency at the centre of its Payments Vision 2028, signalling a new focus to improving user experience and reducing friction in money movement.While customers can freely open accounts with any bank, savings accounts are considered ‘sticky’ because of multiple standing instruction to send…
NEW DELHI: WTO talks in Cameroon are deadlocked over a moratorium on e-commerce with the US seeking a long freeze on countries for levying tax on digital downloads and streaming, while India is so far unwilling to agree to this period.Starting from two years, India has indicated its willingness to go up to four, with…
