Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
27 May, 2026, 10.36 AM IST
Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FMIndia's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...
25 May, 2026, 08.17 PM IST
GST gains eroded by Gulf war: Dabur CEO Mohit MalhotraDabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring dig...
23 May, 2026, 03.05 PM IST
Japan economy grows faster than expected in first quarterJapan’s economy grew 0.5% in the January-March quarter of 2026, beating market expectations of 0.4%, supported by stronger private consumpt...
19 May, 2026, 08.04 AM IST
‘No coders or managers’: 1 lakh tech jobs gone, but one type of engineer is becoming untouchable, and the ₹60.5 lakh crore reason whyTech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and PayPal, despite record AI investments...
15 May, 2026, 05.27 PM IST
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
13 May, 2026, 06.54 PM IST
Global Markets | Australian shares slide as banks, CSL drag; US‑Iran tensions hit risk appetiteBiotech darling CSL tumbled 16% after it slashed its full-year 2026 outlook and flagged a $5 billion impairment. The stock dragged the hea...
11 May, 2026, 01.26 PM IST
US stocks today: Whirlpool shares plunge 12% as earnings cut, ‘recession-like’ conditions rattle investorsWhirlpool shares tumbled after the appliance maker cut its 2026 earnings outlook, suspended dividends and warned that weakening consumer de...
07 May, 2026, 08.03 PM IST
US stock market today: Why Dow Jones is down while S&P 500 and Nasdaq rise today — Dow crashes over 160 points as oil surges above $100 and Iran tensions rattle blue-chip stocksUS stock market today shows a sharp split. The Dow Jones Industrial Average falls over 160 points. Oil prices surge above $100. Iran tensio...
04 May, 2026, 08.29 PM IST
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
01 May, 2026, 06.03 PM IST
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
28 Apr, 2026, 07.52 AM IST
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
20 Apr, 2026, 03.40 PM IST
Indian officials see Iran war oil shock as disruptive as CovidIndia is drawing on its Covid-era playbook to cushion the economic blow from the Iran war, with officials warning the disruption to energy ...
16 Apr, 2026, 08.12 AM IST
Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
16 Apr, 2026, 12.07 AM IST
IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...
15 Apr, 2026, 07.49 PM IST
Asian airlines trim schedules and carry extra fuel as supplies tightenAsian airlines are reducing flights and adding refuelling stops due to Middle East conflict-driven jet fuel shortages, impacting import-dep...
07 Apr, 2026, 02.01 PM IST
New income-tax act takes effect todayNew tax rules and budget changes begin April 1. Higher taxes on speculative stock trades will curb risky bets. Lower taxes on overseas trav...
01 Apr, 2026, 12.41 AM IST