Business

A five-day meeting of BRICS member countries began in Indore on Tuesday, with discussions centred on food security, climate-resilient agriculture, farmer welfare and greater cooperation among member nations in the agriculture sector.Officials from BRICS countries participated in the opening round of discussions under India’s BRICS chairmanship, PTI reported.A senior official from the Department of Agriculture…

In the three months since the conflict began, Russia has continued to be the dominant player in India’s crude oil imports. (AI image) US President Donald Trump announced in February that India would stop buying Russian crude oil and step up energy ties with the United States of America. Four months after that, India’s Russian…

SpaceX’s blockbuster initial public offering has attracted more than $10 billion in orders from institutional investors, signalling strong demand for what could become the largest IPO in history, according to Bloomberg sources.Banks managing the offering are expected to stop accepting orders from institutional investors after US markets close on Wednesday, giving them time to assess…

China’s exports grew at a faster-than-predicted pace in May, supported by strong overseas demand for semiconductors, electric vehicles and other technology-related products, even as geopolitical tensions and elevated energy prices weighed on global trade.Data released by China’s customs agency on Tuesday showed exports rose 19.4 per cent year-on-year in May, up from April’s 14.1 per…

This financial year, India’s economic numbers might lose some points to the ongoing Middle East chaos. The conflict has dented consumer spending, as households are feeling the pinch of rising costs.Global analytics firm Fitch Ratings on Tuesday cut its FY27 GDP forecast for the country to 6.4% from 6.7% projected earlier. The ratings agency said…

The disruption has resulted in a temporary supply bottleneck driven by logistics issues rather than a permanent reduction in oil production. (AI image) Oil prices may average at around $87 per barrel in 2026 as the reopening of Strait of Hormuz in the coming months would ease crude supplies globally, says Fitch Ratings. Global oil…

Let’s understand what is Form 16, what does it tell the taxpayer, and where can employees get it from: (AI image) ITR filing FY 2025-26: The tax returns filing season is here and ahead of the July 31, 2026 deadline, taxpayers are compiling important documents that are needed every year to file the income tax…

Industry participants said a bullion trade body has proposed that banks use gold bars refined from dore instead of importing fresh gold for issuing GMLs to jewellers. (AI image) In a move that may possibly be a sign of upcoming measures on gold, the finance ministry has directed bullion-importing banks to furnish detailed information on…

Gold price prediction today: Gold prices continue to be under pressure as crude oil prices remain high, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link

Railway officials said the nationwide catering network requires about 1,000 commercial LPG cylinders every day. (AI image) The Middle East crisis has hit the way Indian Railways prepares its meals for trains. A sharp shortage of commercial LPG cylinders has prompted the Indian Railway Catering and Tourism Corporation (IRCTC) to restart onboard meal preparation in…