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Saturday, March 7, 2026
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Economy

West Asia crisis: Govt provides certain relaxations to exporters to meet obligations

New Delhi, Mar 7 (PTI) The government has granted certain relaxations to exporters in fulfilling their export obligations, as the trading community is...

Maharashtra Budget: Fadnavis hands farmers another loan waiver even as 6 lakh await benefits of 1st one

Other key promises in the budget include AI- and other technology-enabled services for farmers and continuation of the Ladki Bahin Yojana, which will have the same outlay. 

China lowers its growth target to least ambitious since 1991. Six charts explain its weakening economy

Beijing has lowered its official 2026 growth target to between 4.5% and 5%— its least ambitious goal since 1991 and a steep comedown from the double-digit expansion of past years.

6 yrs after writing ‘Budgets Made Easy’, Fadnavis delivers his 1st, dedicating it to late deputy Pawar

His very first budget laid strong emphasis on capital expenditure & infrastructure development, his goal of making Maharashtra a five-trillion dollar economy by 2047, and ensuring fiscal discipline.

Prolonged Middle East crisis can impact exchange rate, fuel inflation: FinMin report

New Delhi, Mar 6 (PTI) A finance ministry report on Friday cautioned that prolonged crisis in the Middle East can have adverse implications...

Indian refiners snap up Russian oil cargoes at sea after US waiver; seek legal clarity

New Delhi, Mar 6 (PTI) Indian refiners have begun snapping up millions of barrels of Russian oil floating in Asian waters after the...

Rupee falls 18 paise to close at 91.82 against US dollar

Mumbai, Mar 6 (PTI) The rupee depreciated 18 paise against the US dollar on Friday to close at 91.82 against the American currency,...

Gold stuck in Dubai due to the war being sold at steep discounts

Traders are forced to sell at low prices as buyers step back from new orders, unwilling to pay exceptionally high shipping and insurance costs with no guarantee of prompt delivery.

This isn’t an energy crisis— at least not yet

Current oil & gas prices, compared to previous crises, are within ranges that, in the past, had been considered normal.

Flipkart cuts nearly 300 jobs in annual performance review

New Delhi, Mar 6 (PTI) E-commerce major Flipkart has trimmed its workforce by 250-300 employees following its annual performance review, sources familiar with...

On Camera

A ship attack has shaken Asia’s faith in the US

Why should the US care? Because in the end, as its wrangle with Britain this week should have reminded them, America still needs bases, friendly ports, & overfly rights.

Amid the new war in Middle East, ‘God’ surfaces in oil and commodities contracts

Multiple companies have invoked the principle of ‘force majeure’, which lets a party off the hook in case of unforeseen ‘acts of God’, to avoid penalties.

Iranian naval ship Lavan with crew of 184 docked in Kochi same day US torpedoed IRIS Dena

IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.

Trump brings the Age of Humiliation for friends. Modi needs stoicism abroad, humility at home

Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.