Government News & Updates

New I-T Rules: Benefits for meal vouchers to EVs, higher HRA limit for four more cities

Shivraj Singh Chouhan reviews crop situation amid fears of unseasonal rain affecting wheat target

The lessons of past oil crises have not been fully learnt

New GDP series, charting the path ahead

Updating the ASI sampling frame and refining the ASUSE survey methodology can further enhance the accuracy and reliability of GDP and GSDP estimates

Markets tumble 2% as Israel attacks world’s largest gas field in Iran

Brent crude price hit a new high, trading above $112 a barrel. The India-U.S. exchange rate depreciated to a new high crossing ₹93 a dollar

RBI approves transition plan after HDFC Bank chairman’s resignation

The RBI said HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound financials, a professionally run board and competent management team

RNFI introduces cardless cash withdrawals via UPI QR with Jio Payments Bank

The facility enables instant, cardless cash availability across urban, semi-urban and rural India as access to cash remains crucial for millions in the country

Crude Oil futures rise ₹74 to ₹9,067 per barrel; Brent touches $116

Brent Crude futures crossed $116 per barrel in the overseas trade as fresh attacks on key energy infrastructure in the region heightened fears of a tight global supply

Warner Bros.’ eleven Oscars win as Paramount takeover looms

Warner Bros. dominated the Academy Awards, but Paramount’s looming acquisition of the studio signals the biggest restructuring of the industry in decades and a battle over the future of Hollywood itse...

Atanu Chakraborty’s resignation: HDFC board members assert bank’s corporate governance ‘robust’

“We are not sure what triggered the resignation,” said Sashidhar Jagdishan, MD and CEO of HDFC Bank

Government announces ₹497 crore RELIEF scheme for exporters impacted by West Asian crisis

The package is aimed at providing credit insurance to affected exporters at pre-conflict rates, and with a focus on MSME exporters.

Attacks on Qatar’s LNG facilities could impact India but we have diversified sources as well: Officials

47% of India’s LNG imports are from Qatar

Stock markets crash over 3% as oil spikes to $114 a barrel

The sudden slump towards the final trading hours was due to soaring Brent crude futures price hitting a new high and the rupee depreciating to a new low of ₹92.89 a dollar

Chairman’s resignation sparks turbulence at HDFC Bank; stock crashes 5%, RBI, board rally behind bank

On March 18, the HDFC Bank stock had closed lower despite the indices being in the positive territory before the resignation news came out, raising speculations wherever there was insider trading at t...

Rice exporter Amir Chand Jagdish Kumar (Exports) unveils ₹440 crore IPO

The company proposes to utilise net proceeds from fresh issue of equity shares towards its working capital requirements and general corporate purposes

EU lawmakers vote to advance U.S. trade deal

Many lawmakers have complained the trade deal is one-sided, with the EU required to cut ‌most import duties while the U.S. sticks to a ​broad rate of 15%

Supreme Court dismisses plea seeking enquiry into CITES violation by Jamnagar-based animal rescue centre and trust

The petition had sought a judicial direction to the Union government, Central Zoo Authority, Directorate General of Foreign Trade and the Wildlife Crime Control Bureau to produce the entire record of ...

Stock market crashes over 2% on HDFC Bank fall, fuel surge, US Fed hawkish outlook

Markets open in red: Sensex plunges nearly 2,000 points, Nifty 2.4% down amid rising crude prices

No power struggle or governance issue: HDFC Bank’s Mistry after Chairman quits