Latest News, Updates & Breaking Headlines
Maharashtra FDA faces delays in testing watermelon samples linked to four deaths, as watermelons have vanished from local markets. MUMBAI: As the Maharashtra Food and Drug Administration (FDA) faces delays in testing food samples in four deaths linked to a watermelon, its investigators have also hit a new roadblock: Random sampling has been delayed due…
Shockwaves from the Strait of Hormuz supply disruption are rippling across global oil markets, setting off a frantic race to rush in crude. As availability tightens, refiners and traders are scrambling against the clock to lock in cargoes that can be delivered without delay, intensifying competition for every available barrel. Out of 40 bids placed…
India’s premium basmati rice trade has come under severe strain as the escalating conflict in West Asia disrupts exports, blocks consignments at ports and leaves payments worth thousands of crores pending, raising concerns for traders and farmers alike.A Bhopal-based businessman told ANI that consignments of Premium 1121 Basmati rice, earlier exported regularly, are now stuck…
MUMBAI: Markets are expected to remain volatile during the week as clarity among Dalal Street investors about the US tariffs on goods exported to the world’s largest economy continues to remain elusive. While most market players feel that the rate of tariff on Indian goods will not be much different from what it was earlier,…
Securities Transaction Tax (STT) on derivatives will rise from April 1, 2026, after the Finance minister Sithraman in her 9th budget speech proposed higher rates on futures and options trading as part of Budget 2026 changes to the Finance (No. 2) Act, 2004.Finance Minister Nirmala Sitharaman announced the move while presenting the Budget, saying: “I…
As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…
The ongoing Supreme Court trial on US President Donald Trump’s use of emergency powers to impose global tariffs has left companies, customs brokers and trade lawyers preparing for a potentially prolonged battle over refunds that could total close to $150 billion. The court is expected to issue rulings on Friday, though it has not specified…
India’s stock market has become one of the calmest in the world – so calm that it’s prompting a rethink of strategies among players in the country’s vast derivatives space.Despite geopolitical flare ups and a recent global selloff in risk assets, Nifty has barely budged for months as domestic money overwhelms foreign flows and derivatives…
Guwahati: Festive spirit is palpable as shops across the city transform into twinkling wonderlands, adorned with Christmas decorations that blend global merriment with traditional charm. With the festival approaching, sellers are reporting brisk sales, signalling a profitable season amid the winter chill.Markets are stocked with a wide variety of Christmas items catering to different budgets….
The European Union has expanded its sanctions list on entities connected to Russia’s oil trade, with a new round of measures aimed at traders and shipping networks accused of enabling Moscow to continue crude exports despite Western restrictions.The new sanctions name oil traders Murtaza Lakhani and Etibar Eyyub, who, according to EU, were involved in…
