New Income Tax Rules 2026: Major Changes for Credit Card Users from April 1
The upcoming Income Tax Rules 2026 will introduce significant changes for credit card users in India, marking a shift toward tighter financial monitoring and improved transparency. The new framework, effective from April 1, 2026, aligns with the provisions of the Income Tax Act, 2025, replacing the earlier 1961 legislation. Under the revised rules, credit cards […]
India Secures Fuel Supply Amid Global Crisis; Locks 8 Lakh MT LPG Imports
India has reinforced its energy security strategy amid escalating geopolitical tensions in West Asia, securing adequate crude oil supplies for the next 60 days and locking in large-scale LPG imports from multiple global partners. The Ministry of Petroleum and Natural Gas confirmed that despite disruptions around the Strait of Hormuz, the country continues to receive […]
Fuel Prices Stable in India Despite Global Surge; Government Assures No Shortage Amid West Asia Crisis
India has maintained stable retail prices of petrol and diesel despite a sharp rise in global crude oil prices triggered by the ongoing West Asia conflict, as state-run oil marketing companies continue to absorb cost pressures. Public sector firms — Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) […]
Missile Interception Debris Causes Fatalities in UAE, One Indian Among Victims
A tragic incident linked to falling debris from a ballistic missile interception has resulted in the deaths of two individuals, including an Indian national, authorities confirmed. According to official reports cited by Abu Dhabi-based media, the fatalities involved individuals of Indian and Pakistani nationality. The incident occurred after air defence systems successfully intercepted a missile, […]
Sensex, Nifty Rally Strongly as Oil Prices Ease and Global Tensions Cool
Indian equity markets witnessed a strong upward movement in Wednesday’s trading session, driven by improving global sentiment and a decline in crude oil prices. The benchmark indices surged significantly, with the BSE Sensex rising over 950 points to cross the 75,000 mark, while the NSE Nifty gained more than 300 points, reflecting broad-based optimism across […]
Fresh Western Disturbances to Bring Rain, Thunderstorms Across North India
Just as northern India begins to experience rising temperatures ahead of the summer season, a fresh spell of unsettled weather is set to impact the region. According to the India Meteorological Department (IMD), two successive western disturbances are expected to influence northwest India, with the first system likely to arrive on March 26. These weather […]
Pakistan’s Economy Under Strain as Fuel Costs Surge Amid US-Iran Conflict
As tensions escalate between the United States and Iran, Pakistan is increasingly feeling the economic repercussions of the crisis, particularly through rising fuel prices and supply disruptions. While positioning itself as a potential mediator in the conflict, Pakistan is simultaneously grappling with internal economic challenges. Prime Minister Shehbaz Sharif recently expressed readiness to facilitate dialogue […]
India Resumes Iranian LPG Imports After Years as Sanctions Ease
India has reportedly resumed imports of liquefied petroleum gas (LPG) from Iran for the first time in several years, following a temporary easing of U.S. sanctions on Tehran’s oil and fuel exports. According to trade data and industry sources, the move comes as India grapples with significant disruptions in energy supplies linked to ongoing tensions […]
India Eases Export Pressure: Mundra Port Waives Fees Amid West Asia Disruptions
In a move aimed at supporting exporters during ongoing geopolitical tensions in West Asia, the Indian government has announced a 15-day waiver on port charges at Mundra Port for export containers bound for the Middle East. The decision was revealed during an inter-ministerial briefing by Rajesh Sinha, Special Secretary in the Ministry of Shipping. He […]
Fuel Efficiency in Focus: PM Modi Urges Preparedness Amid Global Energy Uncertainty
Amid escalating geopolitical tensions in West Asia and ongoing volatility in global oil markets, concerns around energy security have once again taken centre stage. Prime Minister Narendra Modi recently addressed the issue, drawing parallels between the current global situation and the disruptions witnessed during the COVID-19 pandemic. In his remarks, the Prime Minister highlighted how […]