Business

Global oil supply: Iran may use threat of closing Strait of Hormuz as leverage only; analysts say markets remain in surplus

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Despite Iran’s repeated threats to close the Strait of Hormuz, a vital chokepoint for global oil, analysts believe an actual shutdown is unlikely, viewing it ...

ITR e-filing AY 2025-25: What is Annual Information Statement (AIS) and how is it different from Form 26AS? Top points for taxpayers

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The Annual Information Statement (AIS) is a comprehensive tool for taxpayers, offering a detailed view of financial transactions beyond just TDS/TCS. It helps in accurate ...

India-UK FTA: Focused on doing trade deals to complement, not compete, says Goyal; ‘massive investments’ in innovation sector over the next decade

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Union Minister Piyush Goyal highlighted India’s trade dialogues with complementary economies, emphasizing the win-win nature of the UK-India FTA, particularly regarding insurance concessions and business ...

Crypto heist: Israel-linked hackers drain $90 million from Iran’s Nobitex; ‘Assets now entirely out in the open’

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Hackers, suspected to be linked with Israel, have stolen over $90 million from Nobitex, Iran’s largest cryptocurrency exchange. The group, Predatory Sparrow, leaked Nobitex’s source ...

India bleeds Pakistan dry: Water at ‘dead’ levels in Pakistan’s dams; bigger Indus river plans in the works – top points to know

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Following the Indus Waters Treaty suspension, India is optimizing the Indus river system, looking to construct a 113-km canal to redirect water to Punjab, Haryana, ...

Power generation: India records third-highest growth in power generation; behind only US & China in last five years

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India ranks as the third-fastest-growing country in power generation, driven by rising electricity demand and a strong clean energy agenda. Solar PV projects lead renewable ...

Air India crash aftermath: Tata Sons chair Chandrasekaran skips TCS annual general meeting; Keki Mistry presides in absence

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N Chandrasekaran, Tata Sons chairman, missed TCS’s AGM for the second consecutive day due to pressing matters, following his absence from Tata Consumer Products’ AGM. ...

UK interest rates: Bank of England likely to keep rates unchanged; cautious stance amid Middle East tensions

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The Bank of England is likely to maintain current interest rates. Concerns rise over the Israel-Iran conflict’s impact. This conflict could involve the United States, ...

From India to Guinea: Indian railways to export 150 Bihar-made locomotives to Africa; 10 things to know about the Rs 3,000 crore deal

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India secures a significant Rs 3,000 crore deal to export locomotives to Guinea, bolstering its global railway manufacturing presence. The ‘Make in India’ initiative will ...

Sealed over a chocolate ice cream! How India-UK trade deal was finalised during a walk in London’s Hyde Park, Piyush Goyal reveals

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India and the UK finalized their Free Trade Agreement (FTA) during an informal meeting in London’s Hyde Park, where Minister Piyush Goyal and his UK ...