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...

Central bankers back Fed Chair Powell

"That testimony concerned in part a multi-year project to renovate historic Federal Reserve office buildings," Powell said in a statement. The subpoenas were served on...

Diversify into Africa, Mauritius minister tells Indian exporters

He was speaking at the second edition of Chennai Economic Summit organised by the Southern India Chamber of Commerce and Industry (SICCI) in partnership...

‘Ports capacity doubles in 10 years’

“Inland cargo movement and coastal shipping have increased, and logistics costs have improved to 7.97 per cent of Gross Domestic Product (GDP), supported by...

Trump nod for bill to penalise countries buying Russian Oil

This bill will allow President Trump to punish those countries who buy cheap Russian oil, he said in a post on X. "This bill would...

FY26 GDP growth pegged at 7.4%

GDP growth came in at 6.5% in FY 2024-2025. As per the First Advance Estimates released by the Union government, nominal GDP is estimated to...

Trump warns of raising tariffs on India

Speaking to reporters aboard Air Force One, Trump also said  "great legislation" would soon be discussed in Congress, allowing his administration to impose tariffs...

Large Firms and MSMEs Can Co-Innovate

This has the potential to transform India’s extensive MSME network into a distributed source of innovation, promoting waste minimisation, efficient resource management, and green...

RBI Governor warns of uncertain outlook

The year 2025 was challenging as geopolitical conflicts, trade tensions and persistent policy uncertainty had cast a shadow over the global economy and the...

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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...