Business

After slipping in March, business has returned to normalcy. “Right as the conflict started, we saw a lot of cancellations. In March, the first full month, we were projecting double-digit revenue per available room (Revpar) growth in India. That turned negative. Then we saw people pivoting. Travel didn’t stop and plans got shifted. In April,

The Central Board of Indirect Taxes and Customs (CBIC) issued notifications on Wednesday, exempting ethanol blended petrol (EBP) grades E22, E25, E27 and E30, containing 22% to 30% ethanol, from applicable central excise duties, subject to excise duty having already been paid on petrol and GST having been paid on the ethanol used for blending.

Leading consumer goods companies, including HUL, Colgate-Palmolive, Emami, Dabur and Marico, are increasing prices, as higher crude prices, freight and commodity inflation triggered, amid the West Asia conflict, pushed up input costs. For instance, Hindustan Unilever has hiked prices of Dove and Pears soaps by 4–5% and of Rin and Wheel detergents by 5–11%. Colgate-Palmolive

Credit growth stood at 17.7% for the fortnight ending May 31, 2026, the highest recorded so far in the current financial year and the strongest year-on-year expansion since June 2024. Outstanding bank credit rose by Rs 1.5 lakh crore since March 31, 2026, marking a 0.7% increase (year-to-date), with total credit touching Rs 215.2 lakh

India navigates global trade challenges by fostering dialogue and partnerships, even as nations increasingly protect domestic industries like steel. Minister Piyush Goyal highlighted that despite a less effective WTO, international trade largely operates under its framework. India is actively pursuing free trade agreements to boost market access and attract significant investments, underscoring a commitment to

Global growth forecasts are down to 2.5% for 2026, with the Middle East conflict and rising energy prices cited as key reasons. Despite this, India is set to remain the world’s fastest-growing major economy, projected at 6.6% in fiscal year 2026-27. However, higher energy costs may moderate India’s growth, while fiscal deficits are expected to

Elon Musk may soon become the world’s first trillionaire. This is due to the upcoming initial public offering of his company SpaceX. The IPO is expected to be the largest in history. If valuations hold true, Musk’s personal fortune could surge past the trillion-dollar mark. This event could reshape global wealth rankings and create new