Business

Retail inflation goes past 4%, first time in 17 months

Retail inflation rose to 4.4% in June, crossing the 4% mark. Food prices accelerated, and fuel price hikes contributed to…

2 months ago

India’s trade deficit hits 5-month high as imports surge

India's trade deficit reached a five-month high as imports surged significantly. Exports showed continued growth, but were overshadowed by increased…

2 months ago

‘Framework deal ready for India-US trade pact’

India and the United States are making good progress on their bilateral trade deal. A framework agreement for the trade…

2 months ago

Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion

The acquisition will bring nearly 5 gigawatt-peak (GWp) of contracted renewable energy capacity into ABRen's portfolio, comprising around 3.3 GWp…

2 months ago

Why Dubai’s housing market slowed in 2026; sales fell 16%, prices dipped by 7%

Dubai's residential property sales saw a sixteen percent decrease in early 2026. This slowdown occurred as regional geopolitical tensions impacted…

2 months ago

Donald Trump announces 20% toll on ships in Strait of Hormuz; to ‘reinstate’ Iran blockade

Trump's announcement comes after another major exchange of fire cast fresh uncertainty over efforts to negotiate an end to the…

2 months ago

‘To be signed at right time’: India-US trade deal framework ‘ready’, says official

India-US trade deal: India is seeking a tariff structure under the proposed agreement that provides it with a comparative advantage…

2 months ago

Retail inflation jumps to 4.38% in June, driven by food, jewellery prices; breaches RBI’s 4% target

India's retail inflation increased to 4.38 percent in June from May's 3.93 percent. Higher food prices significantly pushed up the…

2 months ago

ITR filing: 10 penalties taxpayers should not ignore – from late filing fee to under-reporting defaults

ITR filing: What are the various sections under which income tax penalties are applicable? When does a default happen and…

2 months ago