OPEC+ announces sharp increase in July oil production
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. But in early 2025, OPEC+ ...
FM Nirmala Sitharaman counters social media claims of GST registration corruption and delay
Finance Minister Nirmala Sitharaman lauded the CBIC for its swift response to social media allegations of GST registration delays and corruption. A Twitter user shared ...
Industry bodies hail cut on crude oil customs duty, call it timely support for refiners
The Indian government has reduced the basic customs duty on crude edible oils to 10%, a move lauded by SEA and IVPA. This aims to ...
Donald Trump’s steel, aluminum tariff hike to hit Indian exporters: GTRI report
President Trump’s impending tariff hike on steel and aluminium imports, effective June 4, is projected to significantly impact Indian metal exports, potentially costing $4.56 billion. ...
Metropolitan bank branches lose ground in credit, falls to 58.7% from 63.5% in five years: RBI
RBI’s recent report reveals a shift in credit distribution, with metropolitan bank branches’ share declining to 58.7% in March 2025, from 63.5% five years prior, ...
Indian bond market strengthens as inflation eases and anticipated RBI rate cuts: Jefferies
Jefferies reports a positive outlook for Indian bonds due to falling inflation and anticipated RBI rate cuts. India’s 10-year government bond has significantly outperformed US ...
IndiGo to launch direct Mumbai-Adampur flights from July 2
IndiGo will launch direct daily flights connecting Mumbai and Adampur in Jalandhar. The service starts on July 2, 2025. Adampur becomes IndiGo’s 92nd domestic destination. ...
Bank holidays 2025: Are banks open or closed on Saturday, May 31?
Banks in India will operate on Saturday, May 31. This is because it is the fifth Saturday of the month. Reserve Bank of India guidelines ...
Donald Trump says ‘US very close to making deal with India’, claims Pakistan delegates to visit next week
Donald Trump announced that the US is nearing a trade deal with India, while Pakistan representatives are expected in Washington for talks. He cautioned that ...
Donald Trump sees ‘unlimited’ potential for ‘large-scale trade’ with Russia when ‘bloodbath is over’
Donald Trump suggests resuming large-scale trade with Russia after the Ukraine war, but experts cite significant obstacles. Hundreds of foreign companies have exited Russia since ...
