[ad_1] Foreign Portfolio Investors (FPIs) continued to exit Indian equities in May, pulling out Rs 32,963 crore amid concerns over earnings growth, weakening rupee and better opportunities in overseas markets.Data from the NSDL showed that cumulative FPI outflows from Indian equities have now reached Rs 2.25 lakh crore in 2026. The figure has already surpassed…
[ad_1] Whether you care about geopolitics or not, your monthly budget has already become an unwilling expert in it!From your morning chai to your late-night dessert cravings, the Middle East crossfire is quietly sneaking into your kitchen bills, one price tag at a time. But thankfully, not everything in your grocery list is feeling the…
[ad_1] NEW DELHI: The price of the Indian oil basket fell below $100 a barrel on Friday for the first time since March 6, as global crude prices cooled by 11% over the past week amid reports that the US and Iran may have reached a deal and that Strait of Hormuz could soon reopen…
[ad_1] NEW DELHI: Govt on Saturday cut the special additional excise duty (SAED) on exports of diesel, petrol and aviation turbine fuel (ATF), effective June 1.The SAED on petrol exports has been reduced to Rs 1.5 per litre from Rs 3, on diesel to Rs 13.5 per litre from Rs 16.5, and on ATF to…
[ad_1] MUMBAI/NEW DELHI/CHENNAI: India’s consumption looks headed for a near-term slowdown with predictions of an El Nino-weakened monsoon likely to bring the lowest rainfall in 11 years.Deficient rains may weigh on rural demand, impacting volume growth and crimping sales of a host of products ranging from soaps, shampoos, packaged food to two-wheelers and durables. For…
[ad_1] The US department of homeland security (DHS) has clarified that people applying for green cards do not need to leave the United States while their applications are being processed. This comes after an earlier announcement created confusion among immigrants, employers, and immigration lawyers about the process.Last week, a USCIS news release was seen as…
[ad_1] The exemption will be available from June 1 to Oct 31 NEW DELHI: Govt on Saturday announced a five-month duty exemption for all cotton imports into the country, aiming to cool down prices and ensure that the domestic garment and textiles industry remains in a robust state.The exemption will be available from June 1…
[ad_1] The Centre has withdrawn the draft Sugarcane (Control) Order, 2026, saying it will revisit the proposed framework after receiving objections from state governments and other stakeholders, PTI reported.The Food Ministry had circulated the draft order for public comments with a May 20 deadline. The proposal sought to replace the 60-year-old Sugarcane (Control) Order, 1966,…
[ad_1] The All India Motor & Goods Transport Association (AIMGTA) has urged the Centre to reduce petrol and diesel prices, arguing that a sharp decline in international crude oil prices should be passed on to consumers and the transport sector, reported PTI.In a representation to the government, the association said global crude oil prices have…
[ad_1] The Trump administration has said it plans to appeal a federal court order that would allow all importers who paid now-struck-down tariffs to seek refunds, a move that could slow or partially halt a multibillion-dollar repayment process already underway.Businesses across the United States have already begun receiving refunds after the US Supreme Court ruled…
