In view of the evolving geopolitical situation due to the Iran war and its implications for maritime trade, the Centre has decided to restore the rates and value caps under the Remission of Duties and Taxes on Exported Products (RoDTEP)…
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The proposal, backed by shareholders after internal reviews, seeks to combine the asset acquisition and resolution functions currently split between the two entities. The merger is expected to take six to nine months, subject to regulatory and tribunal approvals, sources…
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Nifty finished at 22,512.65 – the lowest closing level since March last year – falling 601.85 points or 2.6%. Sensex ended at 72,696.39, down 2.5% or 1,836.57 points. Domestic indices have slumped nearly 11% since the start of West Asian…
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India’s IT hardware production-linked incentive scheme needs review. Rising graphics processing unit costs and the growth of artificial intelligence servers are key factors. A government official highlighted the need to adapt the scheme to capture domestic value addition in this…
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Finance Minister Nirmala Sitharaman has presented the Finance Bill, 2026, in the Lok Sabha. This bill enacts the government’s financial plans for the 2026-2027 fiscal year. Key proposals focus on growth, job creation, and inclusive development. The budget emphasizes infrastructure,…
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Gold and silver prices plummeted on the MCX, extending losses due to Middle East tensions and inflation concerns. Rising crude oil prices fueled expectations of higher global interest rates, impacting precious metal futures. Experts advise caution and gradual accumulation amid…
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