Business
Iran-US ceasefire: Can Tehran charge toll fee in Strait of Hormuz? What international law says
Strait of Hormuz (File photo) As the United States and Iran announced a temporary two-week ceasefire, a new flashpoint is now emerging. Tehran is seeking to levy toll fees on ships transiting the Strait of Hormuz, a proposal that could disrupt global trade flows and push energy markets into fresh uncertainty. Why does the Strait…
RBI policy: Why did MPC keep repo rate unchanged? RBI governor Sanjay Malhotra explains
While the Indian economy continues to be on a strong footing, it is faced with global headwinds that have added to uncertainty. Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday said that the Monetary Policy Committee has decided to keep the repo rate unchanged at 5.25% with a neutral policy stance. India continues…
Gold price prediction today: Where is gold headed on April 8, 2026 & in the near-term?
Gold remains in a broad consolidation phase following the recent correction from highs. (AI image) Gold price prediction today: Gold prices will likely be range-bound in the coming days, says Divya Mandaliya, Commodity Research Analyst, Anand Rathi Share and Stock Brokers Limited.Gold’s price action over the past week highlights a market increasingly driven by liquidity…
Father cannot escape responsibility by understating income: Delhi High Court reduces maintenance to Rs 25,000 for three children
The High Court undertook a detailed scrutiny of the financial disclosures made by both parties. (AI image) In a detailed and socially grounded ruling, the Delhi High Court has reiterated that a father cannot evade his obligation to maintain his minor children by understating his income or making selective financial disclosures. The Court stressed that…
India workplace trends: Disengagement surges as ‘quiet quitting’ spreads, what’s driving employees disconnect
Workplace trends are shifting from “quiet quitting” to “job hugging”, with employee engagement declining globally and sharply in South Asia particularly India, according to Gallup’s State of the Global Workplace 2026 report, as reported ET.Released on Wednesday, the report analysed employee mood and well-being across 160 countries and found that engagement has declined for the…
India’s high growth, low inflation story at risk! RBI flags 5 adverse impacts from US-Iran war; how resilient is the economy?
RBI’s message is clear: the initial supply shock can potentially transform into a demand shock. (AI image) The US-Iran war has caused major disruptions for global markets and economies, and India as the world’s fifth largest economy is not immune to the shock. Heavily dependent on imports to meet its crude needs, a rise in…
India-US trade push: Piyush Goyal urges firms to use facilitation portal
Commerce and Industry minister Piyush Goyal on Wednesday urged businesses and exporters in India and the US to actively use the India-US trade facilitation portal to strengthen bilateral trade, PTI reported. “I urge all members of industry bodies, Export Promotion Councils, and chambers from across India and the US to connect, make this portal part…
US stock markets today (April 8, 2026): Dow jumps 1,300, S&P 500 gains 2.4%; crude oil tumbles toward $90 on Iran ceasefire
US stock markets rallied sharply on Wednesday while crude oil prices plunged toward $90 per barrel after President Donald Trump announced a two-week ceasefire with Iran, easing fears of prolonged supply disruptions, AP reported.The S&P 500 surged 2.4%, while the Dow Jones Industrial Average jumped 1,332 points, or 2.9%, and the Nasdaq Composite climbed 2.9%…
PFRDA rolls out NPS Swasthya to combine retirement planning with health cover
Pension fund regulator PFRDA has launched the second proof of concept (POC) of ‘NPS Swasthya’, an initiative aimed at integrating retirement planning with healthcare funding, PTI reported.The Pension Fund Regulatory and Development Authority (PFRDA) said the National Pension System (NPS) Swasthya is a multi-partner framework designed to provide financial and health security.Under the initiative, Medi…
Rupee surges 52 paise to 92.54 against dollar; US-Iran ceasefire, RBI stance lift sentiment
The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced a two-week suspension of military strikes against Iran and the Reserve Bank kept policy rates unchanged, PTI reported.Forex traders said investor sentiment improved following Governor Sanjay Malhotra’s assurance that recent forex measures do not…