NEW DELHI: Giving a push to its ambitious coal and lignite gasification programme, govt Wednesday floated a request for proposal (RFP) inviting companies to set up projects under its Rs 37,500-crore incentive scheme.Launched in May, the scheme aims to support the gasification of 75 million tonnes (MT) of coal and lignite by 2030 to produce…
While India’s crude oil situation is relatively well diversified, it is LPG and LNG imports that will need to be watched. (AI image) Crude oil prices are soaring again, back above the $80 per barrel level as fresh tensions between US and Iran makes shipping through the Strait of Hormuz fraught with risks. Vessel movements…
US stocks today: Oil jumps nearly 5%, shares tumble as Trump declares Iran ceasefire ‘over Global stock markets fell and oil prices surged on Wednesday after US President Donald Trump cast doubt on the temporary truce in the Iran conflict, raising fears that renewed fighting could disrupt global energy supplies.Wall Street opened lower after Trump…
According to Surjit Bhalla, the significance of an India-US trade agreement extends well beyond the issue of trade balances. (AI image) The comprehensive India-US trade deal can reshape India’s economic growth path, economist and author Surjit Bhalla has said. According to him, the significance of an India-US trade agreement extends well beyond the issue of…
In India, silver is used across a wide range of segments, including jewellery, coins, bars and industrial applications. (AI image) India’s curbs on silver imports have triggered supply shortages in the country’s domestic market, driving premiums to their highest level in six months even as demand remains weaker than usual.As India relies on imports to…
Bot calls, AI chat generated Rs 5520 cr loans in FY26: Sanjiv Bajaj MUMBAI: An avalanche of automated calls, often dismissed as an irritant, is being recast as a powerful lending engine at Bajaj Finance. In his letter to shareholders, Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, has laid out how conversational data…
India’s growth is supported by strong momentum in private consumption and services activity. (AI image) The International Monetary Fund (IMF) on Wednesday marginally lowered the growth projections for India to 6.4% from 6.5% earlier as part of its World Economic Outlook update for the current year. However, it raised the GDP growth projections for the…
What are the common mistakes that can lead to tax department queries or notices? (AI image) ITR filing FY 2025-26: Filing your income tax return (ITR) accurately is the first step to ensuring compliance. Any errors can invite questions from the Income tax Department, which may eventually lead to a tax notice as well. The…
India’s credit card market has expanded sharply over the past decade, but is yet to touch its potential, with only !According to a report by TransUnion CIBIL, credit cards continue to have limited reach, with only one in four credit-active consumers holding one.The credit information company’s managing director and chief executive, Bhavesh Jain, said that…
New EPFO portal goes live!The Employees’ Provident Fund Organisation (EPFO) completed the migration of all member records to a centralised database on Wednesday, restoring online services for members and employers.The large-scale database consolidation and software upgrade, shifts member records from a decentralised architecture to a centralised database. According to Union labour and employment minister Mansukh…
