The Centre is setting up a Rs 1 lakh crore Economic Stabilisation Fund to strengthen its ability to manage external disruptions and maintain fiscal stability, finance minister Nirmala Sitharaman said on Friday.Intervening in the Lok Sabha during the debate on the second batch of supplementary demands for grants, she said the proposed fund is designed…
NEW DELHI: Stepping up the attack on Election Commission the opposition has submitted notices seeking motion for removal of Chief Election Commissioner Gyanesh Kumar to presiding officers in both Houses of Parliament. This is the first time a notice has been given seeking removal of the CEC. The notices have been signed by 130 Lok…
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India’s information technology stocks is on track to record its eighth straight week of losses, a slide that has erased nearly Rs 7.7 lakh crore in market value. Investors are now grappling with a crucial question: does this slide mark the ultimate fall of IT shares, or is it a golden buying opportunity in disguise?The…
LPG gas shortage: Long lines continue outside LPG refilling stations and booking centres as fears of a shortage grow amid the ongoing Middle East conflict between the United States-Israel and Iran.As a retaliatory measure for the February 28 US‑Israel strikes that sparked the conflict, Iran has blocked the strategic Strait of Hormuz, raising concerns over…
NEW DELHI: US envoy to India Sergio Gor on Friday expressed concern over rising tensions at the Strait of Hormuz, asserting that India is “vital partner” for the United States in helping keep global oil prices stable as the Middle East conflict intensifies.Speaking at the India Today Conclave, Gor said, “Today we’re in a situation…
India’s manufacturing sector is on high alert as the war involving Iran threatens to disrupt key maritime routes used for global trade. (AI image) US-Iran war impact: The ripple effects of the ongoing Middle East tensions, LPG supply issues, rising oil prices and closure of Strait of Hormuz are being felt across industries in India….
Many see bitcoin BTC$71,329.00 as a safe-haven and store-of-value asset, like gold. But some currency traders treat it as a lead indicator for broader market mood, and they’ve been proven right again: Before finding stability near $70,000 recently, bitcoin plunged sharply, presaging the ongoing global stock market swoon. Bitcoin’s price peaked above $126,000 in early…
NEW DELHI: Jayalalithaa’s long-time aide and expelled from AIADMK, VK Sasikala on Friday announced the name of her new political party — All India Puratchi Thalaivar Makkal Munetra Kazhagam — and said its symbol will be a “coconut tree farm”, as the political ground heats up in poll-bound Tamil Nadu, where multiple stakeholders are eyeing…
As tensions in the Middle East continue to boil, the ripple effects are being felt across global oil markets. Disruptions around the Strait of Hormuz, one of the world’s most vital oil transit routes, have thrown supply chains into uncertainty, prompting governments and refiners worldwide to rush in search of alternatives. The International Energy Agency…
