Sunday, April 12, 2026

Business

Duty on diesel exports hiked from Rs 21.5/L to Rs 55.5

NEW DELHI: Govt on Saturday significantly increased export duties on diesel and aviation turbine fuel to dissuade oil refiners from exporting these fuels and to ensure...

Government raises diesel, ATF export duties as oil prices stay volatile; petrol duty remains nil

The finance ministry on Saturday announced a sharp increase in export duties on diesel and...

‘Open and welcoming to global capital’: Sebi chair Tuhin Kanta hails India’s finance landscape

Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey hailed India's financial landscape...

US-Iran conflict: At nearly $700 billion, how India’s forex reserves are a strong armour against global crises

India’s forex reserves have become more balanced over time, with more gold and some diversification beyond...

From queues to QR codes: How UPI transformed India’s digital payments, now driving 49% of global real-time transactions

India’s financial ecosystem has undergone a major transformation in recent years, with the Unified Payments...
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Mehli Mistry challenges eligibility of 2 trustees

MUMBAI: Months after his exit, former Sir Ratan Tata Trust (SRTT) trustee Mehli Mistry has challenged the positions of Venu Srinivasan...

Steep slide: Forex reserves decline over $10bn in a week

MUMBAI: India’s foreign exchange reserves fell sharply by $10.3 billion in the week ended March 27, 2026, taking the total to...

Microfinance replaces informal credit: Report

MUMBAI: A structural shift is reshaping India’s microfinance sector, with regulated lenders displacing informal sources as borrowing from moneylenders fell to...

Petrol shock, free rides & more: How is Pakistan dealing with Hormuz energy crisis

The Middle East crisis has stretched beyond the one month mark, sending ripples across the globe. While somes nations are hiking...

PNB, Union & IDFC Bank see credit outpace deposit growth

MUMBAI: Credit growth continued to outpace deposit mobilisation for Punjab National Bank, Union Bank of India and IDFC FIRST Bank at...

GI applications cross 2,000 mark on Centre’s push

HYDERABAD: The Centre’s push to ensure 10,000 geographical indication (GI)-tagged products by 2030 seems to have moved into a higher gear,...
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