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NEW DELHI: Recognising the “significant impact” of the conflict in West Asia on the global economy and its effect on India, the cabinet committee on security led by PM Narendra Modi on Sunday discussed steps to diversify the sources of import of chemicals, pharma, petrochemicals and other industrial sectors, while drawing comfort from the stock…
Image used for representative purposes An Iranian missile strike targeted Israel’s northern port city of Haifa on Thursday, hitting oil refineries, though officials said the impact was limited.Israel’s Energy Ministry confirmed the attack but said that it did not cause major disruption, reported Reuters. Energy Minister Eli Cohen confirmed that electricity supply was briefly affected…
The Income Tax department on Saturday asked taxpayers to ignore emails, if any, received alerting them about ‘significant transactions’ as part of the Advance Tax e-campaign.In a post on X, the Central Board of Direct Taxes (CBDT) said certain taxpayers have received emails containing inaccurate details regarding ‘significant transactions’ undertaken by them under the ongoing…
Data from the US Energy Information Administration shows that the US had 132 operational petroleum refineries as of January 2024. (AI image) Mukesh Ambani-led Reliance Industries (RIL) has partnered with America First Refining (AFR) to develop the first large oil refinery project in the United States in nearly fifty years, with President Donald Trump describing…
The story of AI in business is not one of universal acceleration. (AI image) Two stories from the past few weeks capture something essential about where we are with AI.The first concerns Salesforce, the enterprise software giant that aggressively embraced AI for customer service. CEO Marc Benioff proudly announced that AI deployment had allowed the…
De’Andre Hunter. Image via: Rocky Widner/ Getty Images The Sacramento Kings’ difficult season took another sharp turn after De’Andre Hunter was ruled out for the remainder of the year. The forward, acquired at the trade deadline, will undergo surgery on his injured left eye, ending his brief stint with the team after only two appearances.The…
Ramadan 2026 Moon Sighting: When Does Fasting Begin Globally and Why Is Crescent Timimg Significant? Every year, millions of Muslims around the world eagerly await the sighting of the Ramadan crescent moon, a moment charged with spiritual, historical and community significance. Unlike most holidays governed by a fixed date on the Gregorian calendar, Ramadan follows…
NEW DELHI: Calls for a rethink of Bihar’s decade-old liquor ban have resurfaced within the ruling alliance, with NDA allies urging chief minister Nitish Kumar to review the policy. Union minister Jitan Ram Manjhi said the principle of prohibition was not flawed but its implementation had gone awry. “We have been saying for a long…
The Economic Survey presents an in-depth analysis of macroeconomic parameters. Economic Survey 2025-2026: Finance Minister Nirmala Sitharaman is expected to table the Economic Survey ahead of her Union Budget speech. The Parliament’s Budget session began on January 28, 2026 and the first phase is expected to conclude on February 13, 2026. The Union Budget 2026…
The India-EU FTA comes at a time of heightened trade uncertainty due to tariff threats by US President Donald Trump. (AI image) India-EU Free Trade Agreement (FTA), being hailed as the ‘mother of all trade deals’ was finalised on Tuesday, and after a legal framework is in place and the European Parliament passes it, the…
