The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by next year, as it seeks to reduce reliance on the shipping chokepoint.…
Author: Admin
Heatwave turns sweet spot for ice cream makers; sales jump 40%, stock-outs hit market: IICMA chief
After two summers got washed out by unseasonal rains, India’s industry is finally having its moment in the sun — quite literally. Record-breaking temperatures across the country have triggered a…
Chalet Hotels eyes Jaipur, Jodhpur and Hyderabad as future growth clusters
K Raheja Corp-backed hotel ownership company Chalet Hotels Limited is expanding its focus to deeper leisure markets such as Jaipur, Jodhpur and Pune, while evaluating opportunities in Hyderabad’s financial district…
India’s April trade deficit widens to $28.38 billion
India’s merchandise trade deficit widened in April. The gap between merchandise imports and exports was $28.38 billion last month, according to provisional estimates released by the ministry of commerce and…
Indian banks remain stable despite margin pressure after RBI rate cut: Report
New Delhi: Indian banks continue to remain financially stable despite pressure on profit margins after recent interest rate cuts, with bad loans still largely under control, according to a by…
What happens to your EPF account if you become an NRI? Rules explained
For many salaried Indians, the Employees’ Provident Fund (EPF remains one of the largest long-term retirement savings pools. If you become a Non-Resident Indian (NRI), your EPF account does not…
Did you receive money in your bank account by mistake? Follow these steps to avoid tax liability
A sudden, unforeseen credit message for a large deposit to your bank account can initially feel like a pleasant surprise and unexpected income. But remember, acting on it without proper…
Mumbai retail rents surge up to 20%, NCR malls hit near-full occupancy: Report
Mumbai has recorded the highest retail rental growth of nearly 15–20% year-on-year across top malls, while Grade A malls in Delhi-NCR have reached near-full occupancy with vacancy levels dropping to…
Multibagger small-cap stock Pearl Global surges 14% to 3-month high after Q4 results
Shares of , one of the country’s largest listed garment exporters, surged 14% in Friday’s trade on May 15 to hit a three-month high of ₹1,740 apiece, as investors cheered…
Deepak Shenoy backs capital gain tax relief for FPIs in Indian bond markets, explains why it makes investing difficult
Market veteran Deepak Shenoy has backed reports that India may consider removing taxes on foreign institutional investors (FIIs) investing in Indian bonds, calling the move an important step toward making…