Pakistan has made arrangements to repay $4.8 billion in external obligations by June, including $3.5 billion payable to the United Arab Emirates through three different facilities, according to a local media report.The development comes after Islamabad decided to return $2 billion to Abu Dhabi by the end of the current month. The amount had been…
US stock markets showed tentative moves on Monday, with the S&P 500 inching higher while the Dow Jones Industrial Average slipped, as oil prices remained volatile ahead of President Donald Trump’s deadline on Iran, AP reported.The S&P 500 rose 0.1% in early trading, coming off its first weekly gain in six weeks. The Dow Jones…
Two more Indian-flagged LPG tankers have safely crossed the conflict-hit Strait of Hormuz and are headed towards Indian ports, even as 16 vessels remain stranded in the Persian Gulf, officials said on Monday, according to PTI.LPG vessel Green Sanvi, carrying 46,650 tonnes of cargo, is scheduled to reach an Indian port on April 7, while…
If you have noticed a significant change in the structure of your salary this month, you are certainly not alone. As of April 1, 2026, the Indian government has officially implemented a set of labour reforms that fundamentally alter how every salaried employee in the country is paid. While your “in-hand” or take-home pay may…
Finance Minister Nirmala Sitharaman on Monday said India stands out in debt management among major economies, with an overall debt-to-GDP ratio of about 81%, even as the global economy faces rising volatility and uncertainty, PTI reported.Speaking at an event organised by the National Institute of Public Finance and Policy (NIPFP), Sitharaman warned that the ongoing…
Updated on: Apr 06, 2026 4:10:41 PM IST The National Stock Exchange building in Bandra Kurla Complex, Mumbai. India’s stock market erased early losses to end higher today, on hopes of an US-Iran war ceasefire, with bank stocks leading gains due to favourable quarterly updates. The 30-share S&P BSE Sensex rose 1.07% to 74,106.85 even…
JPMorgan Chase CEO Jamie Dimon has warned that the ongoing war in Iran could trigger oil and commodity price shocks, keeping inflation elevated and pushing interest rates higher than current market expectations, Reuters reported.The warning came in his annual letter to shareholders, a day after US President Donald Trump escalated pressure on Iran by threatening…
Benchmark indices Sensex and Nifty staged a sharp rebound on Monday after early losses, supported by a correction in crude oil prices and strong buying in banking stocks.The 30-share BSE Sensex jumped 787.30 points, or 1.07%, to settle at 74,106.85. During the session, it climbed as much as 887.91 points, or 1.21%, to 74,207.46.The 50-share…
India’s services economy lost momentum for a second consecutive month in March, growing at its slowest pace of expansion in more than a year as demand cooled and inflationary pressures built amid an ongoing Iran war. The slowdown reflects a cooling in new business intakes, which moderated to a 14-month low. (Pixabay) The HSBC India…
Top Indian information technology firms are set to report another lacklustre quarter, with revenue and profit seen rising around 10% year-on-year largely on a weaker rupee rather than underlying growth, according to seven brokerages. India’s $315 billion IT sector, employing about 5.9 million people, last reported double-digit revenue growth in March 2023 quarter. (AI Image)…
