Benchmark indices surged sharply on Wednesday, with investors turning bullish as easing oil prices and hopes of renewed US-Iran talks lifted sentiment across sectors.The BSE Sensex jumped 1,263.67 points, or 1.64%, to close at 78,111.24, after rising as much as 1,422.85 points, or 1.85%, during the session. The NSE Nifty climbed 388.65 points, or 1.63%,…
Wall Street edged higher on Wednesday, with benchmark indices approaching record levels after a strong two-week rally driven by optimism that the global economy may avoid a worst-case fallout from the US-Iran conflict.The S&P 500 rose 0.2% in early trade and was on track to surpass its January record, while the Dow Jones Industrial Average…
Hyderabad: Jeh Aerospace has inked a long-term agreement with French aerospace and transportation major Liebherr-Aerospace to manufacture and supply high-precision landing gear components for high-rate commercial single-aisle aircraft.As part of the agreement, Jeh Aerospace will produce these components at its Hyderabad facility, which will now become a part of Liebherr-Aerospace’s global industrial network. The deal…
Gold prices showed a mixed trend on Tuesday, with futures easing slightly on the Multi Commodity Exchange (MCX) even as retail prices across major cities moved higher.On the MCX, gold futures for the June 2026 contract declined Rs 468, or 0.30%, to Rs 1,54,349 per 10 grams, compared with the previous close of Rs 1,54,817….
India, which relies heavily on imported energy and is sensitive to price fluctuations, has felt the impact of disruptions in global oil flows. (AI image) In the middle of the ongoing Middle East conflict, India has received around 4 million barrels of crude from Iran. This is the first time in around seven years that…
India’s merchandise exports declined 7.44% year-on-year to $38.92 billion in March as disruptions in key trade routes amid the Middle East conflict weighed on outbound shipments.Imports also fell 6.51% to $59.59 billion from $63.75 billion in the year-ago period, reflecting the impact of tensions affecting routes such as the Strait of Hormuz, according to government…
Pakistan could be forced to consider fuel rationing at petrol pumps if the ongoing US-Iran conflict continues for a prolonged period, finance minister Muhammad Aurangzeb has said.Speaking at the World Bank–IMF Spring Meetings 2026 in Washington, DC, Aurangzeb indicated that while Islamabad has so far avoided rationing, the situation remains fluid and dependent on how…
In February, the two countries had announced that they had finalised the framework for the first phase of their bilateral trade pact. (AI image) India-US trade deal update: Months after India and the US announced an interim trade agreement that reduces tariffs on India to 18%, an official Indian delegation is set to travel to…
Delhi High Court has held that ignorance of tax laws, lack of awareness of deductions, or general assertions of hardship do not constitute “genuine hardship”. (AI image) In a significant ruling on the scope of condonation powers under the Income Tax Act, the Delhi High Court has held that ignorance of tax laws, lack of…
Pakistan gets $3bn from Saudi Arabia as ‘support’ to shore up forex reserves as UAE debt looms Saudi Arabia has provided new financial help to Pakistan with an extra $3 billion deposit. It has also extended an existing $5 billion loan. This support is important for Pakistan as it struggles to meet its growing debt…
