What happens after G7’s emergency release The G7 is tapping its emergency oil stash, with plans to release 100 million barrels of oil and fuel products to ease the diesel crunch. Earlier on Friday, the bloc said it would start opening the taps in the coming weeks, beginning with a “frontloaded substantial release” of diesel…

FM Nirmala Sitharaman chairs the 57th meeting of GST Council. Rate changes will now be an annual feature, says Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Thursday announced a faceless system for 2 lakh central GST payers operating in multiple states, following up on rate rationalisation and process reforms undertaken by the Centre and…

Market capitalisation of four of top-10 most valued firms jumps Rs 1.43 lakh crore Dalal Street ended the previous week on a higher note, with four of the country’s 10 most valued companies adding a combined Rs 1.43 lakh crore to their market valuation.State Bank of India emerged as the biggest beneficiary among the top-10…

The bond market remains at the heart of the recent market turbulence. US stock market today: Wall Street benchmarks retreated on Thursday as a rise in oil prices renewed concerns about inflation and pushed bond yields higher. This reversed some of the relief that followed the US Treasury Department’s announcement a day earlier. The US…