Former RBI governor Shaktikanta Das (File photo) MUMBAI: Former RBI governor Shaktikanta Das said that in the next decade, the Indian economy will be determining the shape of global growth.“The coming decade will not be one where India simply participates in global growth, but one where India shapes it,” he said, framing macroeconomic stability and…
NEW DELHI: The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) is likely to recommend 8.2-8.25% interest rate for its 31 crore members this year, in the wake of the ebbing stock markets and bond yields, combined with higher settlements of claims. The retirement savings body paid 8.25% last year. In…
File photo: Union finance minister Nirmala Sitharaman Mumbai: Finance minister Nirmala Sitharaman on Saturday said she would look into allegations of overreach by GST authorities after businessman TV Mohandas Pai raised concerns over the arrest of Fino Payments Bank MD & CEO Rishi Gupta in a Rs 3,000 crore GST evasion case.In a post on…
NEW DELHI: The Ministry of Civil Aviation (MoCA) said that more than 410 flights operated by domestic carriers were cancelled on Saturday and around 444 flights are expected to be cancelled on Sunday as airspace restrictions continue over Iran and parts of the Middle East. In a post on X, the ministry stated: “Due to…
NEW DELHI: The military strikes on Saturday put the spotlight on the Strait of Hormuz, a critical global shipping route for India and other Asian countries, prompting officials here to activate contingency plans to safeguard energy supplies, reports Atul Mathur.While keeping a close watch on the unfolding situation, they also have an eye on crude…
Escalating tensions between Israel and Iran are set to test investor nerves at the start of the week, with Indian equities likely to open sharply lower amid a risk-off mood across global markets.The nervousness follows Israel’s preemptive strikes on Iran after nuclear deal talks with the US failed to yield a breakthrough. President Donald Trump…
OPEC+ could consider raising oil output more than previously planned when key producers meet on Sunday, as Gulf exporters move to cushion markets from potential supply disruptions after US-Israeli strikes on Iran, Reuters reported, citing two sources close to the talks.Eight members of the oil alliance — Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq,…
UAE Announces Petrol and Diesel Prices for March 2026: What Drivers in Emirates Need to Know The United Arab Emirates Fuel Price Committee has released its official fuel price updates for March 2026, giving motorists a clear picture of how much they will be paying at the pump for petrol and diesel this month. The…
Photo credit- PTI Prime Minister Narendra Modi inaugurated Micron Technology’s semiconductor facility at Sanand in Gujarat, asserting that India is now expanding its global identity beyond software into hardware manufacturing as it seeks a larger role in the global semiconductor value chain.The US-based company’s ATMP (Assembly, Testing, Marking and Packaging) plant, the first such facility…
UAE Food Stock Update: Are Supermarkets Running Out Amid Iran–US-Israel Tensions? Amid escalating geopolitical tensions in West Asia, including recent missile exchanges involving Iran, the United States and Israel that rattled Gulf cities and triggered regional alerts, the United Arab Emirates has reassured the public that its markets remain stable and strategic food reserves are…