Economy

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait of Hormuz, located between Oman and Iran and the vital artery for global energy trade,...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...

US, Taiwan agree on reciprocal trade

It will apply the higher of either the U.S. Most Favored Nation (MFN) tariff rate or a tariff rate of 15 per cent, comprised...

January retail inflation at 2.75%, under new series

The new series adds aspects such as rural housing, online media service provider, streaming services among others. As per the previous 2012-base series, the retail...

Pillars of Growth – CHENNAI ECONOMIC SUMMIT 2.0

Looking Beyond Traditional Trade Markets Against the backdrop of global trade disruptions, rapid technological change and shifting geopolitical equations, the summit focused on three broad...

Editor’s NOTES – Growth with headwinds

India’s real gross domestic product (GDP) is expected to be 7.4 per cent in fiscal 2025-2026, as per the first advance estimates by the...

RBI keeps repo rate unchanged

The repo rate is the interest rate at which the RBI lends money to commercial banks for short-term needs. The decision was taken unanimously after...

Leather industry cautiously optimistic, amid headwinds

“The proposed free trade agreement India and European Union (EU), is expected to increase leather and leather product exports. Europe currently accounts for 40...

Cabinet clears Rs. 5,000 crore infusion into SIDBI

The equity capital shall be infused into SIDBI by the Department of Financial Services (DFS) in three tranches of Rs.3,000 crore in Financial year...

‘EU in cusp of a historic trade pact with India’

“Some call it the mother of all deals. One that would create a market of 2 billion people, accounting for almost a quarter of...

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US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

US Trade court orders tariff refunds: report

"All importers of record whose entries were subject to...