Crude prices ease below $110 per barrel Oil prices fell on Monday as US President Donald Trump’s decision to waive sanctions and tariffs on Russia raised the prospect of additional fuel supplies entering the market. However, continuing security threats in the Middle East and uncertainty over US-Iran negotiations kept the outlook for crude volatile.Brent crude … Read more
‘Hospitals may still find ways to hike charges of other items and packages,’ warns a civil society group NEW DELHI: Govt’s move to cap trade margins at 30% of MRP on 137 cancer drugs, covering over 1,000 medicine brands, puts the focus on actual patient savings, with effective implementation and monitoring needed to ensure it … Read more
Columbia University professor and 16th Finance Commission chairman Arvind Panagariya, who was in India for the Kautilya Conclave, spoke to TOI, arguing that a weaker rupee will not just make exports competitive but will also keep the prices of finished imported goods higher. In an interview, he suggested tariff cuts, doing away with quality control … Read more
Russia’s Arctic oil shipments exceeded 2025’s full-season total of 13 million barrels, with another 5-10 million barrels expected by the end of the current navigation period Russia has shipped nearly 20 million barrels of oil to Asia through the Northern Sea Route (NSR) since the start of the navigation season in July, almost 50 per … Read more
File photo: Bottles of Absolut vodka, produced by Pernod Ricard, are displayed at a wine shop (Picture credit: Reuters) Indian tax authorities are investigating whether liquor makers Pernod Ricard and Diageo wrongly classified bulk Scotch whisky imports to claim lower tariffs under the India-UK trade agreement, Reuters reported, citing five industry sources familiar with the … Read more
India puts coal import plan on hold, prioritises domestic production and transport (representative image) India has shelved a proposal to make power plants import coal to replenish dwindling stockpiles, as elevated international prices and a weaker rupee have increased the cost of overseas shipments, Bloomberg reported on Monday, citing people familiar with the discussions.The government … Read more
The Bombay High Court examined whether accepting delayed performance could deprive homebuyers of their right to interest under Section 18 of RERA. (Image for representative purpose only) What happens if the possession of your dream home is delayed? You buy an apartment, sign an agreement, make the necessary payments, but the builder repeatedly fails to … Read more
Gold enters the week around $4,175 with a relatively resilient undertone. Gold price prediction today: Gold prices are seeing a range-bound bias, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Let’s take a look at what the analyst has to say:Gold enters the week near Rs 148,000 after a sharp … Read more
India gets 100 per cent duty-free access for its goods exports to New Zealand. NEW DELHI: The Free Trade Agreement between India and New Zealand will be enforced on Tuesday (October 20), allowing duty-free access to Indian goods across Wellington’s entire market.The announcement comes from a ministry of commerce and industry presentation, cited by ANI.Labour-intensive … Read more
The Assessing Officer restricted the deduction by approximately Rs 55 lakh. (Image for representative purpose only) You sell a property and reinvest the money you get from the sale in another property, and claim capital gains exemption in your income tax return. The catch however is that the property you buy as a replacement is … Read more