Business
Bitcoin at the bottleneck: Iran’s Hormuz hafta rattles markets
. TOI correspondent from Washington: Iran has moved to reassert control over the Strait of Hormuz within hours of Israel’s continued strikes in Lebanon, putting a squeeze on shipping movement just 48 hours before talks are scheduled to commence in Islamabad. Tehran’s actions—ranging from enhanced inspections to outright halts of tankers—have contradicted US claims that…
US stock market today (April 9, 2026): Dow slips, S&P 500 dips; oil climbs toward $100 as ceasefire doubts weigh
US stock markets opened muted on Thursday while crude oil prices surged toward $100 per barrel, as doubts over the durability of the US-Iran ceasefire dampened investor sentiment, AP reported.The S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 40 points, or 0.1%, and the Nasdaq Composite declined 0.2% in early trade after…
Working abroad? How to stay compliant with India’s tax residency rules in a globalised world – explained
Individuals should effectively apply tie breaker rules in case of possible dual residency under applicable tax treaty provisions. (AI image) In today’s globalised world, the ability to live in one country and work in another country for an employer in the third country is becoming a norm rather than an exception. Professionals are increasingly building…
US inflation rises 0.4% in February; strong spending, oil shock may delay rate cuts
US inflation rose in line with expectations in February, with further upside risks emerging from the Iran war, a trend that could delay interest rate cuts by the Federal Reserve, Reuters reported.The personal consumption expenditures (PCE) price index –the Fed’s preferred inflation gauge– increased 0.4% in February after a 0.3% rise in January, data from…
India-US trade talks: Indian delegation to visit Washington DC ‘later this month’; Misri visit reviews ties
The United States has said it looks forward to hosting an Indian delegation in Washington later this month, indicating renewed momentum in bilateral trade engagement as both sides seek to advance the proposed trade agreement.“Highly Productive meeting with @USTradeRep Ambassador Greer to discuss advancing @POTUS trade priorities in South and Central Asia. The United States…
TCS Q4 FY26 results: Tata Consultancy Services reports 12% rise in net profit at Rs 13,718 crore; dividend declared
TCS Q4 FY26 results: Tata Consultancy Services (TCS), India’s largest IT services major, reported a profit after tax (PAT) of Rs 13,718 crore for the fourth quarter of financial year 2025-26. This is a 12% year-on-year rise in net profit.Revenue from operations also rose 10 per cent compared to the previous year, reaching Rs 70,698…
PAN Card application 2026: Four new forms introduced – which is the right one for you?
These new forms for application of PAN are replacing the earlier framework under Rule 114 of the Income-tax Rules, 1962. (AI image) Applying for a PAN Card? The Income Tax Department has introduced four new types of forms for application of Permanent Account Number, and taxpayers should take note of these before applying for a…
‘Ships continuously coming even amid blockage’: Centre assures 100% energy supplies across the country
The Centre assured that LPG supply across the country is normal, despite rising tensions in the Middle East, with shipments sailing through the Strait of Hormuz without any disruption. Dismissing fears of any shortage in the nation, petroleum and natural gas secretary Neeraj Mittal, on Thursday, said that domestic availability remains stable. “I don’t see…
Securing supply: India presses Iran to expedite movement of oil shipments through Strait of Hormuz amid two week ceasefire window
At present, 16 India-flagged vessels remain stuck in the Persian Gulf. (AI image) Looking to take advantage of the two week ceasefire window, India is urging Iran to help expedite the movement of India-bound oil ships through the Strait of Hormuz. The aim is to make sure these ships are quickly offloaded so that they…
Fuel tanker Green Asha carrying over 15,000 tonnes of LPG reaches India after crossing Hormuz
One more India-flagged LPG carrier, Green Asha, reached Indian shores on Thursday, after crossing the Strait of Hormuz earlier this week. The vessel, carrying 15,400 tonnes of LPG, docked at the BPCL-IOCL liquid berth at Jawaharlal Nehru Port Authority (JNPA). It is the first such tanker to dock at JNPA since the outbreak of the…