Petrol export duty cut to nil, diesel and ATF levies reduced
The Centre has cut the export duty on petrol to zero for August 15 to 31, while lowering the levy on diesel to Rs 24 per litre and on aviation turbine fuel…
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Crisil sees 6.6% growth, SBI projects 8% in first quarter
Crisil expects India’s GDP growth to slow to 6.6% this fiscal, from 7.7% last fiscal, leaving the Reserve Bank of India flexibility on policy rates at its next Monetary Policy Committee meeting.…
Forex reserves jump $14.14 billion to $707 billion
India's foreign exchange reserves surged by $14.14 billion to $707 billion for the week ended August 7, marking one of the biggest weekly expansions, the Reserve Bank said on Friday. Foreign currency…
Iran President Pezeshkian to visit Delhi for BRICS Summit in September
Iranian President Masoud Pezeshkian will travel to New Delhi in September for the 18th BRICS Summit, Iranian sources said. India is hosting the summit under its 2026 chairship with the theme “Building…
West Asia peace lifts orthodox tea demand at Kochi auctions
Softer tensions in West Asia have revived the orthodox tea market at Kochi auctions, pushing sales to 98 per cent in Sale 33. Of the 2,38,637 kg offered, nearly all found buyers.…
India faces strategic losses in West Asia amid Iran war
India's diplomatic balancing act in West Asia is fraying as the US-backed war on Iran intensifies, with New Delhi losing ground at the strategic Chabahar port, news.abplive.com reports in an opinion piece.…
Petronet revenues slump 52% as Qatar force majeure stalls supplies
Petronet LNG's standalone revenues for the June quarter dropped 52.3% year-on-year to ₹5,788 crore, hit by Qatar's force majeure on LNG exports. The West Asia crisis, triggered by Iran striking two Qatari…
Haryana RERA grants 4-month extension to projects hit by West Asia crisis
Haryana RERA (Gurugram bench) has granted an automatic four-month extension to eligible real estate projects, citing supply chain disruptions from the West Asia crisis. The order applies to projects registered on or…
India assessing implications of Saudi-Pak-Turkey defence pact
India is assessing the implications of the joint defence pact signed by Saudi Arabia, Pakistan, and Turkey in Mecca on August 7. The Ministry of External Affairs said it is examining the…
Pakistan, Saudi Arabia, Turkiye sign joint defence pact in Mecca
Pakistan, Saudi Arabia, and Turkiye signed a joint defence agreement in Mecca on August 7, pledging that an armed attack on one signatory will be treated as an attack on all. Turkish…
