Commerce and Industry Minister Piyush Goyal on Friday held separate discussions with his Kuwaiti and UAE counterparts, as well as with the GCC Secretary General, on containing disruptions in energy supplies and restoring trade flows at the earliest amid the ongoing West Asia crisis. India’s trade with West Asia has been disrupted severely because of…
The Income Tax Department disposed of 2.22 lakh appeals in the last financial year, marking a 29% increase over the previous fiscal as part of efforts to reduce disputes and improve taxpayer services, PTI reported.CBDT chairman Ravi Agrawal, in a letter to officials, said actions in the current fiscal (2026-27) should be “guided” by data,…
The Reserve Bank of India on Friday proposed an overhaul of the framework for identifying upper-layer non-banking finance companies (NBFCs), suggesting a shift to an asset-size-based criterion and inclusion of government-owned entities, PTI reported.Under the draft ‘Reserve Bank of India (Non-Banking Financial Companies’ Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026’,…
US equity benchmarks traded mixed on Friday, with the S&P 500 and Nasdaq moving higher on strength in technology stocks after March inflation data came in line with expectations, while investors kept a close watch on geopolitical tensions in the Middle East.US consumer prices rose the most in nearly four years in March, driven by…
Consumer inflation in the United States rose sharply to 3.3 per cent in March, government data showed Wednesday, as higher energy prices linked to the war in the Middle East pushed up costs for households, AFP reported.The increase marked a steep rise from 2.4 per cent year-on-year in February, reflecting the impact of surging fuel…
India’s foreign exchange reserves rose by $9.063 billion to $697.121 billion for the week ended April 3, 2026, reversing the decline seen in the previous week, PTI reported.The reserves had dropped by $10.288 billion to $688.058 billion in the week ended March 27.The forex kitty had earlier touched an all-time high of $728.494 billion in…
Benchmark equity indices Sensex and Nifty rallied over 1% on Friday, led by strong buying in banking and financial stocks amid positive global cues and easing concerns around the Middle East situation.The 30-share BSE Sensex surged 918.60 points or 1.20% to settle at 77,550.25, after hitting an intra-day high of 77,622.50. The NSE Nifty climbed…
As women continue to expand their presence in the corporate workforce, their role in managing money is evolving alongside it. In a space traditionally dominated by men, women are increasingly stepping in—investing, evaluating options and engaging with financial advice. Financial decision-making, once seen through a gendered lens, is now emerging as a practical necessity rather…
Equity mutual funds saw net inflows surge 56% to Rs 40,450 crore in March, reflecting strong investor participation despite market volatility and geopolitical tensions, PTI reported.The inflow was the highest since July 2025, when equity-oriented funds had attracted Rs 42,702 crore.According to data from the Association of Mutual Funds in India (AMFI), this also marked…
Gold prices traded lower in futures markets on Friday, tracking weak global cues and softer spot demand.Data from the Multi Commodity Exchange (MCX) showed that the June contract fell by Rs 1,363, or 0.89%, to Rs 1,52,071 per 10 grams, with a business turnover of 2,219 lots. Analysts attributed the decline to subdued global trends….
