Trump said the toll would be used to meet “any and all costs necessary to do the job of providing safety and security to this very volatile section of the World.” (AP Photo) Trump announces toll for Hormuz: US President Donald Trump said on Monday that the US is “reinstating” a blockade on Iran in…
The final equity payment to Shell will be calculated after taking into account adjustments related to debt, cash and other items outlined in the transaction agreements. (AI image) Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in…
Housing sales and prices in Dubai plunged to Middle East war Dubai’s residential property market slowed down in the first half of 2026 as geopolitical tensions in West Asia weighed on buyer sentiment, with housing sales falling 16 per cent year-on-year, according to real estate consultancy Anarock.Residential transactions totalled AED 225.7 billion during the January-June…
Trade between India and the US continues to expand, while India’s imports of energy from the US have also been increasing. When will the India-US trade deal be signed? Negotiations between India and the US on a trade agreement are moving ahead smoothly, with the framework deal now ready and awaiting signing at an appropriate…
India’s merchandise imports surged 31% year-on-year to $70.84 billion India’s merchandise imports surged 31% year-on-year to $70.84 billion in June. Merchandise exports rose 15.5% to $40.41 billion during the month, while imports climbed sharply, driven by higher purchases of crude oil, electronics, machinery and precious metals, commerce secretary Rajesh Agarwal said during a press briefing…
A late filing fee of Rs 5,000 is applicable if the income tax return is submitted after the due date specified under Section 139(1). (AI image) ITR filing FY 2025-26: When filing your income tax return, full, accurate and timely reporting of your income and tax dues is important. Failure to file income tax returns…
Retail inflation crosses RBI target, at 4.38% India’s retail inflation rose to 4.38 per cent in June, up from 3.93 per cent in May, as higher food prices pushed up the overall Consumer Price Index (CPI), according to provisional data released by the ministry of statistics and programme implementation (MoSPI) on Monday.Food inflation, measured by…
The Supreme Court allowed the appeal, set aside the judgments of the Delhi High Court and the Additional Rent Controller, and restored the eviction order passed by the Additional Rent Control Tribunal. (AI image) The Supreme Court has held that tenancy rights transferred from one bank to another under a scheme of amalgamation framed under…
India has refused to rush into a quick trade agreement with the United States, choosing instead to hold out for more favourable terms despite mounting pressure from Washington, according to a Reuters report. Officials and trade experts also said that New Delhi’s stronger economic outlook, expanding trade partnerships and recent political gains have strengthened its…
The renewed interest from foreign investors could help extend the recovery in the benchmark NSE Nifty 50 index. (AI image) Foreign investors seem to be turning bullish on Indian equities again with more than $1 billion invested in the last week. Goldman Sachs Group Inc. has projected that these overseas inflows could strengthen further as…