New Delhi: Centre will make three major NH stretches passing through Delhi largely signal free to reduce congestion and travel time, the road transport ministry informed the Lok Sabha on Thursday. While the NH stretches from Ashram to Badarpur, Mehrauli to Gurgaon and Punjabi Bagh to Tikri Border will be mostly signal free by building…
The labour codes aim to simplify and consolidate India’s complex labour law framework. India’s new labour codes have introduced a structured distinction between the terms “employee” and “worker”. While all workers are employees, not all employees are workers. This distinction is more than just terminology – it determines the applicability of several statutory benefits and…
The government has asked oil refineries to divert part of the feedstock used for cooking gas (LPG) towards petrochemical units, as industries grapple with acute raw material shortages triggered by supply disruptions amid the West Asia conflict, according to PTI.The Ministry of Petroleum and Natural Gas on April 1 directed refiners to allocate a portion…
The rupee staged a sharp rebound on Thursday, rising 156 paise or 1.6 per cent to settle at 93.14 (provisional) against the US dollar, logging one of its steepest single-day gains in many years after regulatory measures by the Reserve Bank of India (RBI), according to PTI.The surge followed a series of steps by the…
Benchmark equity indices, Nifty50 and BSE Sensex staged a sharp recovery on Thursday, erasing steep intraday losses to end higher, supported by value buying in IT and banking stocks and a strong rebound in the rupee.The 30-share BSE Sensex rose 185.23 points, or 0.25 per cent, to settle at 73,319.55 after plunging 1,588 points in…
Foreign investment in India’s real estate sector dropped sharply during January-March, falling 75 per cent quarter-on-quarter to $400 million amid global uncertainty triggered by the West Asia conflict, according to PTI.Data from real estate consultant Colliers showed that total institutional investments declined 61 per cent to $1.6 billion in Q1 2026 from $4.2 billion in…
Gold prices fell sharply on Thursday in futures trade, declining by Rs 6,004 to Rs 1,47,704 per 10 grams on the Multi Commodity Exchange, as geopolitical tensions in West Asia intensified and strengthened the US dollar, dampening investor sentiment.The decline marked a reversal from a four-day winning streak, with the June contract of the yellow…
As energy supply disruptions due to the ongoing Middle East conflict stretch into a second month, the government has moved to cushion the impact on domestic industries by granting a full customs duty exemption on select critical petrochemical products, providing much-needed short-term relief. The decision, which will be applicable until June 30, will address supply…
Stock market opened in red on Thursday, with benchmark indices falling around 2% as investor sentiments were dragged down by fresh geopolitical tensions. The fall came after US President Donald Trump said in an address that the United States would hit Iran “extremely hard” within weeks, ending hopes of a quick end to the conflict…
MUMBAI: Peace hopes in West Asia led to a global rally since late Tuesday that spilled over to the Indian market on Wednesday and boosted investor sentiment on Dalal Street. As a result, stocks rallied smartly with the sensex closing 1,187 points (1.7%) up at 73,134 points. The day’s rally in the stock market was…