Business

India’s automobile industry sustained its growth momentum in February, with leading carmakers reporting higher dispatches to dealers as steady consumer demand supported sales across passenger vehicles and utility segments.Leading automakers Maruti Suzuki, Tata Motors Passenger Vehicles, Mahindra & Mahindra and Hyundai posted an increase in vehicle dispatches last month, reflecting continued strength in the domestic…

Goods and Services Tax (GST) revenues continued to show steady expansion in February, with collections reaching Rs 1.83 lakh crore, reflecting resilient economic activity and improved compliance as the financial year nears completion, according to official data released by government.The latest figures take total gross GST collections for FY26 (till February 28) to Rs 20.27…

Raising a child in today’s economy isn’t just about love, care, and dreams. It’s more about smart planning and careful budgeting. Even before the baby is born, mamma and papa are already thinking ahead, carefully categorizing their everyday savings to secure their child’s future.As the cost of raising babies into full fledged adults continues to…

OPEC+ on Sunday announced a higher-than-expected increase in oil production quotas, days after US and Israeli strikes on Tehran triggered Iranian retaliation across the Middle East, according to AFP.The oil producers’ group, which includes Saudi Arabia, Russia and several Gulf states affected by the escalation, said it had “agreed on a production adjustment of 206…

Former RBI governor Shaktikanta Das (File photo) MUMBAI: Former RBI governor Shaktikanta Das said that in the next decade, the Indian economy will be determining the shape of global growth.“The coming decade will not be one where India simply participates in global growth, but one where India shapes it,” he said, framing macroeconomic stability and…

Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, supported by improving market valuations, strong corporate earnings and easing trade uncertainties, according to depository data reported by PTI.The inflows follow three straight months of heavy selling, during which FPIs withdrew Rs 35,962 crore…

Stock market is expected to react negatively when trading resumes, with analysts cautioning that escalating geopolitical tensions in the Middle East could weigh heavily on investor sentiment and trigger a volatile start to the week, according to market experts quoted by PTI.The US and Israel attacked Iran on Saturday, while Iranian state media confirmed early…

NEW DELHI: The Ministry of Civil Aviation (MoCA) said that more than 410 flights operated by domestic carriers were cancelled on Saturday and around 444 flights are expected to be cancelled on Sunday as airspace restrictions continue over Iran and parts of the Middle East. In a post on X, the ministry stated: “Due to…

NEW DELHI: The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) is likely to recommend 8.2-8.25% interest rate for its 31 crore members this year, in the wake of the ebbing stock markets and bond yields, combined with higher settlements of claims. The retirement savings body paid 8.25% last year. In…

File photo: Union finance minister Nirmala Sitharaman Mumbai: Finance minister Nirmala Sitharaman on Saturday said she would look into allegations of overreach by GST authorities after businessman TV Mohandas Pai raised concerns over the arrest of Fino Payments Bank MD & CEO Rishi Gupta in a Rs 3,000 crore GST evasion case.In a post on…