NEW DELHI: Govt on Saturday significantly increased export duties on diesel and aviation turbine fuel to dissuade oil refiners from exporting these fuels and to ensure adequate availability in the domestic market amid ongoing tensions in West Asia. The ministry of finance issued a series of notifications hiking the export duty on diesel by more…
MUMBAI: For the first time in nearly 15 years, the RBI has placed curbs on the size of bets that banks can take in the currency markets, taking away powers, hitherto, vested with bank boards. The move comes at a time when the rupee is under pressure due to a combination of sales by foreign…
Filmmaker Vipul Amrutlal Shah has secured a legal victory in a long-standing cheque dishonour case linked to his 2009 film London Dreams. The Metropolitan Magistrate Court in Andheri delivered its verdict on April 15, bringing closure to a dispute that had stretched over 16 years.As per a statement from his legal team, the issue dates…
Asia-Pacific economies entered 2026 on a fragile footing. (AI image) Asia-Pacific economies have entered 2026 on a fragile footing, and the US-Israel-Iran war has exacerbated the risks to GDP growth for economies like China, India, and other major countries in the region, says Moody’s Analytics in its latest report.The global economy has been undergoing a…
Gold opened sharply higher on Multi Commodity Exchange on Tuesday, as investors turned to safe-haven assets amid escalating tensions in the Middle East involving the US, Israel and Iran. The uncertainty has also kept oil prices above the $100-per-barrel mark. On the MCX, April 2026 gold futures rose Rs 1,260, or 1%, reaching Rs 1,56,996…
The micro-SUV space continues to heat up in India. Hyundai recently launched the refreshed Exter Facelift which will take on the updated Tata Punch Facelift. While the Punch has long held a strong grip on this segment, both models have now received notable updates, making the comparison more relevant than ever. Here’s a quick look…
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…
Experts say the surge in electronics exports represents an unexpected boost from the smartphone production-linked incentive scheme. (AI image) In a big achievement for the government’s electronics component manufacturing scheme (ECMS), Apple’s India vendors have already exported a record $2.5 billion components to China. The development also signals a shift from the earlier pattern, where…
MUMBAI: Light-weight jewellery was the flavour this Akshaya Tritiya, as a steep rise in gold prices nudged consumers to strike a balance between their budgets and love for the yellow metal that’s considered auspicious in Indian culture.For context—gold has risen nearly 57% year-on-year since last year’s festival—from around Rs 97,000 per 10 grams to roughly…
Yami Gautam’s cameo in ‘Dhurandhar 2’ has fans buzzing, as she takes on the role of Nurse Shazia Bano during a tense hospital sequence. Her character plays a key role in a high-stakes mission involving Hamza Ali Mazari’s target list, ramping up the thrill for viewers. Spoiler Alert: This article contains spoilers and key details…