The Centre is setting up a Rs 1 lakh crore Economic Stabilisation Fund to strengthen its ability to manage external disruptions and maintain fiscal stability, finance minister Nirmala Sitharaman said on Friday.Intervening in the Lok Sabha during the debate on the second batch of supplementary demands for grants, she said the proposed fund is designed…
India’s manufacturing sector is on high alert as the war involving Iran threatens to disrupt key maritime routes used for global trade. (AI image) US-Iran war impact: The ripple effects of the ongoing Middle East tensions, LPG supply issues, rising oil prices and closure of Strait of Hormuz are being felt across industries in India….
MUMBAI: Dalal Street investors wilted again on Thursday as the war in West Asia continued with crude oil touching the three-digit dollar mark and the world’s energy agency warning that the worst oil crisis ever is almost upon us.The day’s session started on a weak note with the sensex down about 500 points. Thereafter, amid…
Donald Trump has cautioned trading partners against attempting to reopen or renegotiate these agreements. (AI image) The Donald Trump administration’s move to launch investigations into the trade practices of sixteen economies, including India, sends the signal that the US trade policy is entering a new phase. On March 11, 2026, the Office of the United…
NEW DELHI: Days after a diktat by the maritime regulator against overcharging, shipping companies have started refunding additional charges to exporters.An industry executive said that some of the companies have started issuing credit notes to exporters for vessels that had reached their destination before the West Asia conflict broke out on Feb 28. “These were…
MUMBAI: The rupee hit a record low of 92.36 against the dollar on Thursday after attacks on oil tankers in the Strait of Hormuz pushed up crude prices, though the currency recovered to close at 92.19, down 15 paise from the previous session. It ended the session down 0.16%.Brent crude futures rose to a peak…
Ongoing crisis in the Middle East is beginning to ripple through financial markets, with the impact now visible in the US bond market. The average rate on a long-term mortgage in the United States moved higher this week as bond market volatility persisted. According to mortgage buyer Freddie Mac, the benchmark 30-year fixed mortgage rate…
MUMBAI: A technical tweak in the way banks report fortnightly balance-sheet data may swell India’s credit numbers by more than Rs 2 lakh crore this year and lift measured loan growth by over a percentage point. The change concerns the date on which banks report credit and deposit figures to the RBI, a schedule that…
National Stock Exchange of India (NSE) has selected 20 bankers for its long-awaited initial public offering, the exchange said in a statement.The selected bankers include Kotak Mahindra Capital, JM Financial and Axis Capital, as well as the Indian units of Morgan Stanley, Citigroup, JPMorgan Chase & Co and HSBC Holdings. Eight law firms have also…
In her recent book ‘Having It All’ gender economist and associate professor of business economics and public policy at the Wharton School, University of Pennsylvania, Corinne Low talks about how women are caught in a ‘squeeze’ and what they must do to escape it.What made you write this book?I was caught in “the squeeze”- that…
