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Crude oil has seen its biggest weekly fall since 2020. Last week it fell by more than 16%. Today it is trading around $97 per barrel with a slight decline. At the end of October, oil prices had reached their highest level in six months, from where relief is now being seen. According to market…
Despite inflation in the country, high interest rates and ongoing tension in the world, people made huge purchases in October. The market was busy during the festive season. Its effect was also visible in the figures of GST collection, car sales, digital payments and electricity consumption. The country’s GST collection in October increased by 22.9%…
The central government has changed the rules of tax on selling oil abroad. Now companies will not have to pay any tax on selling petrol abroad, which earlier used to be ₹2.50 per litre. At the same time, export duty on diesel has been increased by Rs 3 and on aviation fuel (ATF) by 50…
News business economy Strong Macroeconomic Fundamentals Anchor India’s Economy Against Global Headwinds: RBI Bulletin Last Updated:October 24, 2026, 08:59 IST The RBI’s October Bulletin pointed to sustained domestic demand and robust services activity as key drivers of India’s growth despite rising oil prices and global uncertainty. According to the RBI Bulletin, high-frequency indicators across industry…
The Free Trade Agreement between India and New Zealand will come into effect from 12:01 am on October 20. Under this, all Indian goods will get 100% duty-free entry in New Zealand. Under this agreement, New Zealand will invest 20 billion dollars i.e. about Rs 1.90 lakh crore in India in the next 15 years….
A Chinese city with no display industry bet $500 million on a screen manufacturer. Another courted Taiwanese businesses with cheap land, familiar restaurants and 40 Taiwanese television channels. Shanghai helped Tesla go from construction to car production in less than a year. These deals reveal how China built its industrial power, argue Robin Rivaton and…
4 minutes ago copy link The Union Cabinet has given green signal to the plan to sell IDBI Bank. Under this decision, the Central Government and LIC will together sell their 60.72% stake in the bank to Canadian billionaire Prem Vats’ company ‘Fairfax’. This deal has been finalized for ₹52,877 crore. This is the biggest…
New Delhi36 minutes ago copy link International Monetary Fund i.e. IMF has increased India’s growth rate forecast for the year 2026 from 6.4% to 7%. Despite global tensions, recession and high crude oil prices, India’s economy is growing rapidly due to strong domestic demand and better performance of the services sector. This estimate of IMF…
New Delhi1 hour ago copy link The World Bank has increased India’s GDP growth forecast for the financial year 2026-27 to 7.1%. Earlier in April, the World Bank had estimated the GDP growth rate for FY27 at 6.6%. The organization has said this in its latest report ‘India Development Update’ released on Tuesday, September 6….
New Delhi19 minutes ago copy link The World Bank has increased India’s GDP growth forecast for the financial year 2026-27 to 7.1%. Earlier in April, the World Bank had estimated the economy’s growth rate for FY27 at 6.6%. The organization has said this in its latest report ‘India Development Update’ released on Tuesday, September 6….