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…
Pakistan gets $3bn from Saudi Arabia as ‘support’ to shore up forex reserves as UAE debt looms Saudi Arabia has provided new financial help to Pakistan with an extra $3 billion deposit. It has also extended an existing $5 billion loan. This support is important for Pakistan as it struggles to meet its growing debt…
File photo (Picture credit: AP) Asian markets rose on Wednesday, following strong gains on Wall Street. Lower oil prices and renewed hopes for talks between the United States and Iran increased investor confidence.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.5% to a six-week high, while Japan’s Nikkei gained 1.2%, inching closer to its…
Bengaluru: Infosys has set its new AI strategy, “silicon to application,” in motion. The playbook aims to span the full AI ecosystem-from hardware to end-user applications-through targeted investments and partnerships across each layer.At the silicon layer, Infosys has partnered with Nvidia and Intel. “These partnerships matter most when clients need AI to run on their…