September shipments through Hormuz hit post-war high LNG traffic through the Strait of Hormuz increased in September, with the number of cargoes leaving the key waterway reaching its highest monthly level since the US-Israeli war on Iran began. The rise came despite continuing security concerns and uncertainty over shipping through the strait.Data from S&P Global…
Global food prices rise to their highest level in nearly four years Global food prices climbed to their highest level in nearly four years in September, as disruptions to major trade routes and concerns over weather conditions pushed up prices of several key commodities.The United Nations’ Food and Agriculture Organization (FAO) Food Price Index averaged…
Data sets show that pressure has been building up on consumers since the start of the year as the war disrupted energy supplies, pushing up prices of fuel and LPG cylinders. MUMBAI: Indians are counting every penny they are spending—blame it on price hikes and inflation. Consumers are becoming value-conscious, trimming budgets for non-essential spends…
The directive seeks to address concerns that companies may try to absorb the contribution by adjusting it against employees’ CTC. (Image for representative purpose only) Will your take home salary come down with the Employees’ Provident Fund Organisation (EPFO) raising the wage ceiling for provident fund calculation purposes from Rs 15,000 to Rs 25,000?On September…
On NSE, Nifty too showed a similar trajectory and closed 199 points (0.9%) down at 22,422 points. For both leading indices, it was the first time in 25 years that they recorded lower weekly closes for eight consecutive weeks. MUMBAI: Rising bond yields in almost all major markets around the world, along with spiking crude…
The Tribunal considered both the registered purchase agreement and the conveyance deed executed later. (Image for representative purpose only) You agree to purchase a property and even give a portion of the payment. But by the time the property registration happens, the circle rate in the area has gone up, increasing the stamp duty, which…
US dollar climbs to 17-month high US dollar seems to be having a good week, climbing to a 17-month high on Friday towards its third straight week of gains. The momentum comes as a global bond rout pushed borrowing costs higher and left the euro facing fresh losses.The dollar index, which measures the US currency…
Stock market holiday today Investors will have a break from domestic equity trading on Friday as the stock market remains closed for Mahatma Gandhi Jayanti. October 2, 2026, is listed as a full trading holiday in the 2026 market calendar, with both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) shut for regular…
The Directorate General of Trade Remedies found that low-priced imports hurt domestic manufacturers, limiting their ability to raise prices despite higher costs. NEW DELHI: Mobile covers imported from China could become costlier as India’s trade remedies authority recommended a five-year anti-dumping duty of $72 per 1,000 pieces. The Directorate General of Trade Remedies found that…
Under the earlier regime, acquiring a “major shareholding”—defined as 5% or more of a bank’s paid-up share capital, demanded prior clearance from RBI. MUMBAI: RBI has eased rules for large DIIS acquiring shares in banks, allowing eligible mutual funds, pension funds and insurance firms to obtain one-time approval to raise their aggregate holding to 10%…
