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APRIL 1
India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...- IMF cuts eurozone growth forecasts again on energy inflation risksThe International Monetary Fund has issued a stark warning. The ongoing Middle East conflict is impacting eurozone growth more than previou...
- OPEC again lowers 2026 global oil demand growth forecastOPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...
- US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
- Corporate India’s overseas FDI commitments halve in MayIn May, Indian businesses tightened their belts when it came to overseas investments, marking a notable decline from April's figures. A dro...
- RBI issues draft CCR framework aligned with global standardsThe Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...
- US stocks slump after fresh sell-off in tech stocks; Nasdaq down over 1%Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met ...
- India's outward FDI commitments fall 49% month-on-month to $4.49 bn in May: RBI dataIndia's outward FDI commitments saw a significant 49.02% month-on-month drop to USD 4.49 billion in May 2026, primarily due to reduced equi...
- Microfinance market reports a small rise in early stage delinquencyMicrofinance loan defaults in the early stages increased in April. However, loans facing later stage defaults showed improvement. The overa...
- AMFI Data: Equity mutual fund inflows tumble 40% to Rs 22,907 crore in MayAmong the 11 sub-categories, flexi cap funds remained investors’ favourite, attracting the highest inflow of Rs 5,175 crore in May, compare...
- China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
- $327.1 billion US exports in April touch record highAmerica's trade deficit shrank in April. This happened as exports of oil products and capital goods reached new highs. This trend could hel...
- BP names heads for two main businesses after revampBP is reorganising its business into two core units, upstream and downstream. Gordon Birrell will lead the upstream operations, while Richa...
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
- FPI inflows into FAR securities rise by Rs 8,795 cr after govt tax exemption moveForeign investors are pouring money into Indian government bonds. This follows a tax exemption on interest and capital gains for investment...
- Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
- ED summoned Zepto founders under FEMA ahead of IPO: Here’s what the updated DRHP revealsQuick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (...
- US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
- FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
- Govt committed to further drive 'Reform Express', ensure economic momentum: FM SitharamanIndia's economic outlook continues to evolve, with Finance Minister Nirmala Sitharaman highlighting the government's unwavering resolve to ...
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