The ministry of petroleum and natural gas (MoPNG) on Sunday dismissed reports claiming that Bhutan had refused to import India’s E20 petrol, stating that no such offer had ever been made by the country’s oil marketing companies (OMCs). Calling the claims incorrect, the ministry said there is no proposal to export E20 petrol to Bhutan.In…
The United States may continue to lead the global economy, but its growing debt burden has emerged as the biggest risk to its economic pillar. According to a Deutsche Bank Research Institute report, America’s debt burden has emerged as the biggest threat to its long-term economic leadership, with mounting deficits and rising borrowing costs gradually…
The stock market is heading into a crucial week, with investors focused on the start of the June-quarter earnings season, trends in crude oil prices and global developments for fresh cues. IT major TCS will be the first to report its June-quarter results on July 9, with its earnings and management commentary expected to be…
Years of fiscal decentralisation have failed to narrow Pakistan’s regional spending disparities, with provincial capitals continuing to receive significantly higher public spending per person than the rest of their provinces.According to the World Bank’s Strengthening Fiscal Federalism report, cited by The Express Tribune, Quetta recorded the widest spending gap among provincial capitals. Per capita expenditure…
Dalal Street ended the last week with gains, with six of the country’s 10 most valued companies together adding more than Rs 1 lakh crore to their market capitalisation. Bharti Airtel and Bajaj Finance emerged as the biggest gains as equities ended the week on a positive note.The broader market remained firm, with the BSE…
India’s passport ranking slips NEW DELHI: India has slipped to 125th in the Global Passport Index 2026, remaining outside the top 100 despite a marginal improvement last year. After climbing to 124th in 2025 from 127th between 2021 and 2023, the country has once again lost ground and now offers visa-free access to just 26…
NEW DELHI: CBI has arrested Amit Bapna, former chief financial officer of Reliance Capital Ltd, in connection with the ongoing investigation into the Reliance ADA Group cases.Investigation has allegedly revealed that Bapna, who served as CFO at Reliance Capital Ltd from Aug 2014 to Dec 2019, was one of the key decision-makers responsible for managing…
The Centre has once again raised the price at which it will procure onions for its buffer stock, taking it to Rs 2,125 per quintal from Rs 1,875 per quintal, a 13% increase aimed at improving farmer realisations and stepping up procurement. The revised procurement price will be effective from Saturday, July 4, 2026.The latest…
India has become the world’s second-largest mobile phone manufacturer and exporter, Prime Minister Narendra Modi said on Saturday, highlighting the country’s efforts to build a complete electronics and semiconductor ecosystem.Speaking after inaugurating the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility, PM Modi said that India was now building the entire electronics value chain,…
With the India-UK trade pact set to take effect in 10 days, the finance ministry has notified the rules that will determine the origin of goods eligible for benefits under the Comprehensive Economic and Trade Agreement (CETA).The trade pact is set to come into force on July 15. The notification issued by the Central Board…
