File photo: Union minister Nitin Gadkari NEW DELHI: Road transport minister Nitin Gadkari informed Rajya Sabha Wednesday BS-III vehicles, manufactured between 2005 and 2016, may require replacement of some rubber parts and gaskets when run on E20 petrol, while adding studies have found no major impact of the blended fuel on overall vehicle performance.In a…
MUMBAI: Employers are widening employee health benefits beyond conventional group medical insurance as companies seek protection against diseases that can quickly exhaust standard health covers. Reflecting this shift, AstraZeneca Pharma India has become the first company in India to buy a group cancer care policy that sits on top of its existing group health insurance,…
India’s growth momentum remains on a firm footing on the back of resilient domestic demand, despite the global challenges NEW DELHI: The finance ministry on Wednesday said that swifter policy responses and their implementation are critical to encourage foreign and domestic investment in the economy and underlined the need for reimagining responses to deal with…
Inflation has remained above the US Fed’s 2% target for more than five years. (AP photo) Kevin Warsh-led Federal Open Market Committee (FOMC) decided to keep the interest rate unchanged in the 3.5-3.75% range. The US Federal Reserve announced the monetary policy review after deliberations on July 28 and July 29. “The Committee decided to…
The long proposed India-US bilateral trade agreement will enter its first phase only after Washington restores India’s tariff competitiveness against rival exporting nations, Addressing concerns around the much awaited trade pact, commerce and industry minister Piyush Goyal on Wednesday, said that the understanding reached between the two countries was based on India receiving a comparative…
Oil prices rallied sharply on Wednesday, with benchmark crude contracts gaining over 7%, after a fresh wave of military action in the Middle East reignited concerns over global oil supplies. The rally was also supported by industry data showing a drawdown in US crude inventories.Around 9 pm IST, Brent crude rose $6.28, or 7.47%, to…
Technology stocks, particularly companies viewed as richly valued, remain under pressure. US stock market today: US equities traded in negative on Wednesday as investors awaited the outcome of the Federal Reserve’s latest policy meeting on interest rates. Meanwhile, oil prices climbed sharply.S&P 500 edged down 0.73%. The Dow Jones Industrial Average lost over 700 points,…
The Trump administration has previously imposed trade measures on India while exempting China. (AP file photo) Is India going to face 100% tariffs for its continued imports of Russian crude oil? A latest move by the US Senate has sparked buzz on countries like China and India, which import Russian crude oil in huge quantities,…
Filing your ITR needs to be a careful process to avoid triggering any unwanted scrutiny. It’s the last week of July and like every year the income tax return filing deadline is nearing. For salaried taxpayers July 31, 2026 is the last date on which they can file their ITR within the due date.Taxpayers who…
India’s electronics manufacturing sector has seen a major expansion over the last decade, with mobile phone exports recording a 165-fold increase between 2014-15 and 2025-26, the government said in Parliament on Wednesday.Mobile phone exports, which stood at around Rs 1,500 crore in 2014-15, have now reached approximately Rs 2.59 lakh crore in 2025-26, according to…
