File photo: Moscow pumps face queues amid fuel shortages (Picture credit: Reuters) Russia is importing nearly 270,000 metric tonnes of refined fuel from Asia this month, using ship-to-ship transfers to bring in supplies as repeated Ukrainian attacks on its oil refineries reduce domestic fuel production, according to preliminary shipping data and trade sources cited by…
US exports from India stood at $87.31 billion in 2025-26, up from $86.51 billion in 2024-25. India’s dependence on the US as its biggest export market has remained largely unchanged despite President Donald Trump’s tariff measures and New Delhi’s efforts to diversify trade, according to an analysis of commerce ministry data.The US accounted for around…
Assessments under Section 144B of the Act are often described as both “faceless” and “jurisdiction-less”. India’s faceless assessment regime is an important part of a broader strategy to move away from manual, officer-led discretion-based scrutiny to a technology-led standardised and transparent tax administration. It significantly reduces the need for in-person meetings, improves accountability, and ensures…
Wilson Campbell is set to depart as Air India CEO Air New Zealand has appointed outgoing Air India CEO and Managing Director Campbell Wilson to its board, marking his return to a non-executive role after more than three decades in the aviation industry.Wilson, who has been leading Air India’s transformation, will step down from the…
13:49 (IST) Aug 19 Gold positive amid risks, Brent gains capped by supply, demand Gold is expected to retain a positive bias amid a weaker dollar, softer Treasury yields and fading expectations of a near-term US rate hike. Brent crude remains cautiously bullish amid geopolitical risks, but strong Gulf exports and weak demand could cap…
Indian equities have declined over the past two weeks despite a brighter earnings outlook. India’s stock market, among the worst performing this year, has now replaced Indonesia to become the ‘least-favoured’ stock market in India, as per a fund managers’ survey by Bank of America Corp. This signals growing investor caution for the Indian stock…
Brent futures have risen by around $10 a barrel over the past two weeks, moving above $91 a barrel on Tuesday. Indian refiners are getting crude at high premiums, a contrast to the situation a few weeks ago when global oil prices had dropped. In fact, the price that Indian refiners are paying for crude…
Shiprocket made stellar market debut, reached high of Rs 144 post listing Shares of e-commerce logistics platform Shiprocket made a strong debut on the stock exchanges on Wednesday, listing at a premium of around 35% over its issue price amid strong investor demand for the company’s initial public offering.On the NSE, Shiprocket shares opened at…
IBC was drafted in a way that it allowed banks and other creditors to invoke the provisions to recover the dues from guarantors, in case the claims were not fully realised through the corporate insolvency resolution process. (Representative Image) NEW DELHI: Insolvency & Bankruptcy Code (IBC) may have helped recover around 31% of claims in…
Indian equities remain under pressure as investors navigate a difficult combination of elevated crude oil prices, rising global bond yields and renewed uncertainty surrounding the US-Iran conflict. The Sensex and Nifty have already endured a prolonged losing streak, with the Nifty falling for six consecutive sessions through Tuesday. The index lost 132.75 points, or 0.55…
