The progress of the southwest monsoon in June 2026 has been a cause for significant concern. (AI image) The Indian economy has till now emerged from the US-Iran conflict relatively unscathed. If the peace talks hold and the Strait of Hormuz opens, economists expect the impact of the war to be transient. However, a bigger…
India’s US LPG imports to surpass 1 million tonnes after Hormuz disruption (Image/PTI) India’s imports of liquefied petroleum gas (LPG) from the United States are set to surpass 1 million metric tonnes in June for the first time.The move comes as New Delhi turned to more expensive suppliers after disruptions to LPG supplies from the…
Taxpayers should carefully evaluate their eligible deductions before deciding which tax regime to opt for. (AI image) ITR filing AY 2026-2027: Do you plan to file income tax returns under the old tax regime? The first thing to know is that your ITR must be filed within the July 31, 2026 deadline, otherwise you will…
US suspends Iranian oil sanctions after nuclear deal push The United States on Monday temporarily suspended sanctions on Iranian oil after Vice President JD Vance said that Tehran had agreed to allow United Nations nuclear inspectors back into the country. This marks a significant step in ongoing negotiations between Washington and Iran.The move came days…
Oil prices rise. Photo credit: ANI Oil prices edged higher on Tuesday after a sharp decline in the previous session, as investors weighed cautious optimism over US-Iran peace talks against uncertainty surrounding the resumption of crude shipments through the Strait of Hormuz, Reuters reported.Brent crude futures rose 24 cents, or 0.38 per cent, to $78.15…
Top stocks to buy today (AI image) Stock market recommendations: Delhivery, Lodha Developers, REC Ltd, and Indian Energy Exchange – these are the top stocks to buy recommended by Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan for June 23, 2026:Delhivery: Buy in the range of Rs 483–484; Stop Loss: Rs 461; Target:…
India is particularly focused on securing tariff terms that would place its exporters in a stronger position than competitors in the region. (AI image) India-US trade deal: With US Trade Representative Jamieson Greer travelling to India for talks, India is looking to score a competitive advantage over regional peers for the trade deal. The United…
How crude price crash could turn the tide for India’s state-owned oil giants Profitability at state-run oil marketing companies (OMCs) is expected to improve as declining crude oil prices boost fuel marketing margins, although rising debt levels and uncertainty over future fuel taxes could weigh on the sector’s longer-term earnings outlook, according to a JP…
India has imposed anti-dumping duties for five years on imports of a chemical used in the rubber and tyre industry from China, the European Union and the United States, following findings that the product was being shipped into the country at unfairly low prices, causing injury to domestic manufacturers.The move follows recommendations by the Directorate…
The US Treasury Department on Monday issued a general licence allowing the production, delivery and sale of Iranian-origin crude oil, petroleum products and petrochemicals through August 21. The United States has authorised the production, delivery and sale of Iranian oil marking a significant sanctions relief measure as Washington and Tehran continue negotiations aimed at reaching…