ICICI Bank faces a significant tax demand. Authorities have issued a notice for Rs 768.6 crore concerning alleged short payment of GST. The demand relates to services provided to customers with specific minimum account balances. The bank is already involved…
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Global trade growth is set to slow in 2026. The World Trade Organization predicts a dip to 1.9% from 4.6% in 2025. High energy prices due to the Middle East conflict could further reduce growth. Disruptions also threaten food security.…
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China’s rare earth magnet exports saw an 8.2% increase in early 2026. Shipments reached over 10,000 metric tons. This comes as leaders from the world’s two largest economies prepare for a meeting. Exports to the United States decreased significantly. Meanwhile,…
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Israel pounded Tehran with airstrikes Friday as Iranians marked Nowruz, or the Persian New Year, in the midst of a war that has sent shock waves through the global economy and risked drawing Iran’s Arab neighbors directly into the conflict.
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After Israel struck Iran’s South Pars gas field-the world’s largest-Tehran responded with a barrage of missile and drone attacks on energy facilities of its neighbours. These attacks caused “extensive damage” to Qatar’s LNG plants, the world’s largest LNG complex and…
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For India Inc, particularly CFOs, the environment demands a shift in mindset. The last few years have been about growth, deleveraging, and capital efficiency. A prolonged geopolitical disruption calls for a pivot towards resilience. Balance sheet discipline becomes critical. Companies…
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