A massive crypto heist, initially linked to North Korea, has unraveled a complex financial web connecting to Iran’s central bank. Investigators discovered stolen funds moving through wallets associated with Iran’s central bank before reaching CoinEx, a key exchange facilitating Iranian crypto users. This revelation underscores the growing role of digital assets in Iran and the
From a storage perspective, India should enhance its SPR capacities from 17 to 45 days on land with the possibility of having another 10-15 days of SPR on sea on tankers. Incidentally, the International Energy Agency recommends a SPR of 90 days.
The Strait of Hormuz is reopening, paving the way for Middle Eastern fuel oil exports to reach a four-month high in June. Iraq and Saudi Arabia are leading this surge, with Iraq notably diversifying routes through Syria. While shipments are increasing, they remain below pre-war levels, and cautious optimism prevails due to ongoing negotiation uncertainties.
ITR filing FY 2025-26: The two regimes differ fundamentally in structure. The new tax regime offers lower slab rates but largely eliminates exemptions and deductions. The old tax regime, in contrast, allows taxpayers to claim a range of benefits.
Aviation Turbine Fuel (ATF) prices, which had surged, are now under scrutiny as crude oil costs decline. The Civil Aviation Minister indicated the government may ask airlines to reassess surge charges and additional fare components if fuel prices remain stable. Discussions are ongoing with airlines to ascertain the longevity of this price reduction, with a
Top stock market recommendations: Olectra Greentech, GAIL, and Hindustan Aeronautics Ltd (HAL) have been picked as the top 3 stocks to buy today on June 25, 2026 by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth Management.
