US President Donald Trump on Wednesday renewed his attack on Federal Reserve Chair Jerome Powell, saying he would fire him if he continues in the role beyond the end of his mandate.Powell’s term as Fed chair ends in mid-May, and Trump has repeatedly criticised him for not cutting interest rates more aggressively, AFP reported.“I’ll have…
Hyderabad: Jeh Aerospace has inked a long-term agreement with French aerospace and transportation major Liebherr-Aerospace to manufacture and supply high-precision landing gear components for high-rate commercial single-aisle aircraft.As part of the agreement, Jeh Aerospace will produce these components at its Hyderabad facility, which will now become a part of Liebherr-Aerospace’s global industrial network. The deal…
The government on Wednesday has directed FASTag issuer banks to immediately verify vehicle registration numbers (VRNs) linked to tags to improve data accuracy in the tolling system.“In order to enhance the accuracy and reliability of data in the Electronic Toll Collection (ETC) system, National Highway Authority of India (NHAI) has issued directions to all FASTag…
Gold prices showed a mixed trend on Tuesday, with futures easing slightly on the Multi Commodity Exchange (MCX) even as retail prices across major cities moved higher.On the MCX, gold futures for the June 2026 contract declined Rs 468, or 0.30%, to Rs 1,54,349 per 10 grams, compared with the previous close of Rs 1,54,817….
India, which relies heavily on imported energy and is sensitive to price fluctuations, has felt the impact of disruptions in global oil flows. (AI image) In the middle of the ongoing Middle East conflict, India has received around 4 million barrels of crude from Iran. This is the first time in around seven years that…
India’s merchandise exports declined 7.44% year-on-year to $38.92 billion in March as disruptions in key trade routes amid the Middle East conflict weighed on outbound shipments.Imports also fell 6.51% to $59.59 billion from $63.75 billion in the year-ago period, reflecting the impact of tensions affecting routes such as the Strait of Hormuz, according to government…
Data showed that inflation in the fuel and power category turned positive at 1.05 per cent in March. (AI image) WPI inflation: India’s wholesale price index (WPI) inflation for the month of March rose to 3.88 per cent, according to government data released on Wednesday. The increase was largely driven by a sharp rise in…
In February, the two countries had announced that they had finalised the framework for the first phase of their bilateral trade pact. (AI image) India-US trade deal update: Months after India and the US announced an interim trade agreement that reduces tariffs on India to 18%, an official Indian delegation is set to travel to…
Delhi High Court has held that ignorance of tax laws, lack of awareness of deductions, or general assertions of hardship do not constitute “genuine hardship”. (AI image) In a significant ruling on the scope of condonation powers under the Income Tax Act, the Delhi High Court has held that ignorance of tax laws, lack of…
Pakistan gets $3bn from Saudi Arabia as ‘support’ to shore up forex reserves as UAE debt looms Saudi Arabia has provided new financial help to Pakistan with an extra $3 billion deposit. It has also extended an existing $5 billion loan. This support is important for Pakistan as it struggles to meet its growing debt…