In its latest World Economic Outlook report for April 2026, IMF has actually raised the growth forecast for India. (AI image) India’s high growth and low inflation period has been dealt an oil shock. Since the start of the Middle East conflict and US-Iran war, crude oil prices have crossed $100 per barrel, in effect…
Benchmark indices surged sharply on Wednesday, with investors turning bullish as easing oil prices and hopes of renewed US-Iran talks lifted sentiment across sectors.The BSE Sensex jumped 1,263.67 points, or 1.64%, to close at 78,111.24, after rising as much as 1,422.85 points, or 1.85%, during the session. The NSE Nifty climbed 388.65 points, or 1.63%,…
US President Donald Trump on Wednesday renewed his attack on Federal Reserve Chair Jerome Powell, saying he would fire him if he continues in the role beyond the end of his mandate.Powell’s term as Fed chair ends in mid-May, and Trump has repeatedly criticised him for not cutting interest rates more aggressively, AFP reported. Watch…
The government on Wednesday has directed FASTag issuer banks to immediately verify vehicle registration numbers (VRNs) linked to tags to improve data accuracy in the tolling system.“In order to enhance the accuracy and reliability of data in the Electronic Toll Collection (ETC) system, National Highway Authority of India (NHAI) has issued directions to all FASTag…
India’s merchandise exports declined 7.44% year-on-year to $38.92 billion in March as disruptions in key trade routes amid the Middle East conflict weighed on outbound shipments.Imports also fell 6.51% to $59.59 billion from $63.75 billion in the year-ago period, reflecting the impact of tensions affecting routes such as the Strait of Hormuz, according to government…
India, which relies heavily on imported energy and is sensitive to price fluctuations, has felt the impact of disruptions in global oil flows. (AI image) In the middle of the ongoing Middle East conflict, India has received around 4 million barrels of crude from Iran. This is the first time in around seven years that…
Data showed that inflation in the fuel and power category turned positive at 1.05 per cent in March. (AI image) WPI inflation: India’s wholesale price index (WPI) inflation for the month of March rose to 3.88 per cent, according to government data released on Wednesday. The increase was largely driven by a sharp rise in…
Pakistan could be forced to consider fuel rationing at petrol pumps if the ongoing US-Iran conflict continues for a prolonged period, finance minister Muhammad Aurangzeb has said.Speaking at the World Bank–IMF Spring Meetings 2026 in Washington, DC, Aurangzeb indicated that while Islamabad has so far avoided rationing, the situation remains fluid and dependent on how…
In February, the two countries had announced that they had finalised the framework for the first phase of their bilateral trade pact. (AI image) India-US trade deal update: Months after India and the US announced an interim trade agreement that reduces tariffs on India to 18%, an official Indian delegation is set to travel to…
Stock market today (AI image) At 11:14 AM, Nifty50 was trading at 24,187.85, up 345 points or 1.45%. BSE Sensex was at 77,938.80, up 1,091 points or 1.42%.The upbeat sentiment extended across the broader market as well, with the Nifty Smallcap 100 and Nifty Midcap 100 indices rising over 2 per cent each. Sectorally, all…