Business

US President Donald Trump’s remarks about potentially seizing Iran’s Kharg Island oil terminal have sharpened focus on the strategic and commercial stakes tied to one of the country’s most critical energy export hubs.Kharg Island, located in the Persian Gulf, serves as Iran’s primary offshore oil export terminal and handles the bulk of its crude shipments…

India’s industrial production grew 5.2 per cent in February, driven largely by an improvement in manufacturing output, according to official data released on Monday.Factory output, measured by the Index of Industrial Production (IIP), had expanded 2.7 per cent in February 2025, as per the official statement.Data released by the National Statistics Office (NSO) also showed…

Equity benchmark indices Sensex and Nifty ended the last trading session of the 2025-26 financial year sharply lower on Monday, as the ongoing war in West Asia and rising crude oil prices kept investor sentiment under pressure.Weak cues from Asian markets and continued foreign fund outflows further dragged domestic equities.Extending losses for the second straight…

NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning: subsidies will not flow to companies that treat India as a factory floor without building design muscle. Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on…

The Centre’s fiscal deficit stood at Rs 12.52 lakh crore at the end of February, accounting for 80.4 per cent of the full-year target for 2025-26, according to data released by the Controller General of Accounts (CGA) on Monday, PTI reported.This compares with 85.8 per cent of the annual target achieved in the corresponding period…

Gold futures remained firm on Monday with all major contracts posting gains amid steady trading activity. The April contract led the rise, climbing over 1% to Rs 1,45,797 per 10 grams, while June and August contracts also recorded solid upticks of 0.91% and 0.71%, respectively.The June 2026 gold futures contract saw strong participation with high…

Bank holidays in India can often be confusing, as they vary from region to region depending on the occasion. It is therefore advisable to double-check the holiday schedule before planning a visit to the bank, since branch closures differ across states and regions.In India, bank holidays are a combination of national and state-specific observances, which…

The Lok Sabha on Monday cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, as finance and corporate affairs minister Nirmala Sitharaman highlighted the law’s role in reshaping the country’s banking landscape. Speaking in the House, Sitharaman said that the Bill, introduced a decade back in 2016, has been instrumental in improving the health of…

The Middle East conflict has now crossed the one-month mark, with its effects causing ripples far beyond the region and into everyday life across the globe. What began as a confrontation between Iran and Israel is increasingly disrupting global supply chains, pushing up costs, and forcing governments and individuals to adjust.The war entered a new…

The Centre has designated sectors such as steel, automobiles, textiles, dyes, chemicals and plastics as priorities. (AI image) LPG crisis for factories across the country seems to be easing as the government steps up availability of commercial liquefied petroleum gas. Production disruptions are gradually subsiding as supplies of commercial LPG improve and migrant workers return…