File photo (Picture credit: AP) Wall Street edged lower on Tuesday as a mixed start to the latest earnings season and a largely expected inflation update failed to give markets clear direction.The S&P 500 slipped 0.3 per cent, while the Dow Jones Industrial Average fell 244 points, or 0.5 per cent, by mid-morning trade. The…
Fundamentally, the government wants to move towards an income tax return regime with minimal deductions and exemptions. (AI image) Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, 2026 and like every year common man and taxpayers, especially salaried are watching out for possible changes on the income tax front. One…
World Economic Forum 2026 US President Donald Trump will attend the World Economic Forum (WEF) Annual Meeting in Davos later this month, accompanied by at least five Cabinet members, as global leaders gather against the backdrop of rising geopolitical tensions and economic uncertainty. The five-day summit will begin on January 18 in the Swiss ski…
AI image (Picture credit: Google Gemini) India is unlikely to face any major impact from the 25 per cent tariff announced by the US President Donald Trump on countries doing business with Iran, as per government sources cited by news agency ANI, who pointed to India’s limited trade exposure with Tehran.Newly announced US tariffs are…
India fell to third place among buyers of Russian fossil fuels in December 2025 after sharp cuts in crude oil imports by Reliance Industries and state-owned refiners, a European think tank said on Tuesday.According to data from the Centre for Research on Energy and Clean Air (CREA), India’s total imports of Russian hydrocarbons stood at…
Eternal-owned quick commerce platform Blinkit has removed its long-promoted “10-minute delivery” claim from all platforms, amid growing concerns over the safety and welfare of delivery workers.According to news agency PTI, the company has revised its tagline from “10,000+ products delivered in 10 minutes” to “30,000+ products delivered at your doorstep”, signalling a shift away from…
Union budget 2026 (ANI image) The Federation of Associations of Cottage and Small Industries (FACSI) has requested the central government to provide tax, credit and regulatory relief measures for micro and small enterprises (MSEs) in the 2026-27 Union Budget, aiming to sustain growth and strengthen their role in India’s industrial ecosystem.In a pre-budget letter to…
File photo (Picture credit: AP) Recent political and military developments in Venezuela are unlikely to have any meaningful impact on global crude oil prices in the near term, or on Indian companies, as the country plays a relatively small role in global oil supply, Crisil Ratings said on Tuesday.In a note, Crisil said that even…
NEW DELHI: Quick commerce platforms on Tuesday agreed to remove “10-minute delivery” service following the intervention of Union minister Mansukh Mandaviya over the safety of delivery partners, news agency ANI reported, citing sources.This comes after Mandaviya held discussions with officials of Blinkit, Zepto, Swiggy, and Zomato, advising them cut slack on the strict delivery time…
IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…
