The Economic Times
The Economic Times Women stay 36% longer but remain underrepresented in formal workforce: Report
The study, based on over 47,800 EPFO records, found that women employees remain with organisations 36% longer than their male counterparts. The median tenure for women stands at 10.6 months, compared to 7.8 months for men, challenging the long-held perception that women are a higher retention risk for employers.
The Economic Times $174 billion on the brink: India's textile industry reels under West Asia war shock, braces for 'huge crisis' in April
India's massive textile sector is grappling with a severe crisis. The ongoing West Asia conflict is driving up oil and raw material costs. Demand is falling, and worker migration adds to the challenges. This disruption threatens the industry's growth targets. Experts suggest market diversification and policy support are crucial for recovery and future stability.
The Economic Times Rupee breaches 95, bond yields cross 7% as India markets enter 'Regime Shift': UBI
India's financial markets are undergoing a significant shift in trading dynamics amid escalating global war-related risks, with the rupee breaching key levels and bond yields hardening, according to a report by Union Bank of India (UBI).
The Economic Times Oracle layoffs 2026: US IT firm sent brutal 6 am emails, 12k jobs in India hit; another round likely soon
Tech giant Oracle has initiated mass layoffs, notifying thousands of employees globally via early morning emails. The company reportedly fired around 30,000 employees worldwide, with a significant impact on its Indian workforce, potentially affecting up to 12,000 jobs. This move is linked to Oracle's increased investment in AI infrastructure.
The Economic Times Bulls back on D-Street! Sensex soars over 1,800 pts, Nifty above 22,850: 5 factors behind Rs 13 lakh crore gains
Indian stock markets experienced a significant surge on Wednesday. The Sensex and Nifty saw gains exceeding 2.5 percent. Investor sentiment improved due to hopes for an earlier resolution to the Iran-US-Israel conflict. Global markets also rallied, and domestic valuations offered comfort. Bond yields declined, and oil prices fell, contributing to the positive market movement.
The Economic Times RBI's net short position rises to $77 billion in Feb as it defends rupee
The forward position for the month of March is likely to breach $100 billion, according to Bloomberg.
The Economic Times Sebi bars Elitecon and promoter for alleged price manipulation
In an interim ex-parte order, the regulator has directed Sharma and four other individuals to return ₹51 crore of illegal gains.
The Economic Times GST fraud: ED seizes shell firms' Rs 14 crore assets in Howrah, Hooghly, Guwahati
The ED provisionally attached properties and assets worth Rs 14.85 crore in West Bengal's Howrah and Hooghly and in Guwahati in connection with a GST-related fraud involving nearly Rs 100 crore, an official statement said on Tuesday.
The Economic Times Not-so-happy new financial year!
The latest official projections peg India's GDP growth at 7.4% and inflation at 2.1%. These estimates will change to incorporate developments in the Persian Gulf over the next few weeks.
The Economic Times Salary hikes at India Inc to be steady at 9.1% this year: Report
The survey, based on responses from about 500 companies, points to a shift in increment budgets towards junior management and individual contributors, who are expected to receive the highest average increases of 9.7%.
The Economic Times Citykart appoints Rohit Goyal as CFO
The appointment comes at a time when Citykart is scaling, having recently raised Rs 538 crore in Series B funding and clocking more than 40 per cent growth, as it deepens its presence in emerging markets.
The Economic Times Centre notifies GST fund settlement rules to streamline Centre-state revenue sharing
The new framework lays down a comprehensive mechanism for settlement of funds arising from cross-utilisation of input tax credit and apportionment of integrated GST between the Centre and states. It seeks to ensure seamless accounting and timely transfer of funds across jurisdictions, particularly in inter-state transactions.
The Economic Times IBC 2025 reforms to boost timelines, creditor rights, credit ecosystem, say experts
The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, introducing significant changes to India's insolvency framework. Key amendments focus on faster resolution timelines, enhanced creditor control, and structural reforms like cross-border and group insolvency. While experts are divided on its effectiveness, the bill aims to streamline the process and improve ease of doing business.
The Economic Times NFRA inspection flags independence gaps, PPE audit lapses and weak arm’s length testing at SRBC & Co LLP in FY24 review
The NFRA has identified gaps in auditor independence checks, deficiencies in audit procedures for property, plant and equipment, and weak testing of related party transactions in its latest inspection of SRBC & Co LLP, even as the firm committed corrective action.
The Economic Times IFSC units allowed foreign currency share capital under Companies Act overhaul
Companies operating in International Financial Services Centres will be permitted to denominate share capital in foreign currency under the Corporate Laws Amendment Bill 2026, marking a structural shift aimed at aligning India’s offshore financial ecosystem with global standards.
The Economic Times IPO mobilisation hits record Rs 1.79 lakh crore in FY26, but weak listings and cooling demand signal caution
India’s IPO market scaled a historic peak in FY26, but beneath the record fundraising lies a clear cooling in investor appetite, weaker listing gains, and a broader slowdown in capital mobilisation.
The Economic Times Indian billionaire challenges Adani's winning bid for $4 bln in assets, F1 track
Indian billionaire challenges Adani's winning bid for $4 bln in assets, F1 track
The Economic Times F&O trading to get costlier from April 1 as curbs on speculation kick in
The government, in its Budget 2026-27, has raised the securities transaction tax (STT) on futures to 0.05% from 0.02%, a 150% increase. On options, STT on premiums and exercise of options will both rise to 0.15% from 0.10% and 0.125%.
The Economic Times AI to drive 25–30% cost efficiencies, transform majority of operations: ACKO CFO
Acko is set to integrate AI into nearly all its business operations within the next year. This AI adoption aims to enhance efficiency and provide significant cost reductions across various functions. Acko's CFO, Nitin Sood, highlighted the potential for phenomenal returns from AI investments, especially in the insurance sector.
The Economic Times Small Company Audit Exemption: This is no ease of doing business
Seasoned finance expert Robin Banerjee warns that the proposed exemption of small companies from mandatory audits risks weakening financial discipline, eroding lender trust, and enabling misuse of corporate structures, challenging the very foundations of transparency and governance in India’s business ecosystem and investor confidence significantly.
The Economic Times NFRA flags common audit lapses across 10 firms, exposes systemic gaps in audit quality
Inspection reports highlight recurring deficiencies in audit evidence, documentation, independence and quality controls across firms.
The Economic Times Corporate and business entities dominate political funding as donations to national parties surge 161% to Rs 6,648 crore in FY25
Electoral trusts contribute 60.53% of total funding; BJP receives over Rs 6,000 crore, more than 10 times of other parties combined.
The Economic Times ED has attached proceeds of crime worth Rs 64,920 cr in bank fraud cases: FM Nirmala Sitharaman
In the Lok Sabha, Sitharaman also said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from evading Indian law by staying abroad and was applicable to offences involving Rs 100 crore or more.
The Economic Times Government has taken steps to mitigate risks arising from West Asia conflict: Ministry of Finance
He listed out the steps taken by the government to deal with the crisis, including measures to manage external sector volatility and support the balance of payments.
The Economic Times Quick commerce, restaurant chains firing offers to cash in on IPL
Amazon Now, Flipkart Minutes and Instamart this weekend launched 'match-ready' deals on food and beverages brands with discounts of over 40%, while cafes and chains have kick-started promotions to leverage the high-decibel tournament that started on Saturday.
The Economic Times Senior exits shake up Deloitte M&A business amid strategy shift
Executives who quit include Rajesh Aggarwal, head of debt advisory, Ruchi Sarna, national head of consumer investment banking, and Suresh Atal, a senior partner in transaction advisory, multiple sources said.
The Economic Times Expect more funky moves from RBI
Rupee's decline in March has been unusually severe, and RBI is drawing on its emergency playbook to stabilise the currency.
The Economic Times NSE to launch Brent Crude futures from April after Sebi nod
According to an NSE circular, the contracts will be introduced with monthly expiries extending up to 2027. They will be based on the S&P Global Energy (Platts) Dated Brent assessment and will trade under the symbol "BRCRUDEOIL".
The Economic Times Iran war is dimming outlook for many economies, IMF says
IRAN-CRISIS-Iran war is dimming outlook for many economies, IMF says
The Economic Times Industrial production rises to 5.2% in February, led by manufacturing
The Index of Industrial Production (IIP) had expanded 2.7% in February 2025.
The Economic Times India's April-February fiscal deficit at Rs 12.53 lakh crore, narrows on-year to 80.4% of FY26 aim
Total receipts up to February stood at Rs 27.92 lakh crore, while total expenditure was Rs 40.45 lakh crore. Receipts and expenditure amounted to 82.0% and 81.5% of the full-year revised estimates, respectively.
The Economic Times ICRA expects India's GDP growth to moderate to 6.5% in FY27 amid West Asia conflict
The growth projections assume average crude oil price at USD 85/bbl in 2026-27 fiscal year. It expects India's current account deficit (CAD) to widen sharply to 1.7 per cent of GDP in FY27 (from 1 per cent in current fiscal year).
The Economic Times CII lists steps to ease pain of war-hit cos; seeks emergency credit support, relief measures for MSMEs
The Confederation of Indian Industry (CII) has made these proposals that were formulated after extensive discussions with members of the apex industry body.
The Economic Times Indian CEOs' median pay rises 5 pc to Rs 10.5 crore in FY26: Report
Median compensation for professional chief executives in India rose 5 per cent year‑on‑year to about Rs 10.5 crore in FY26, marking the slowest pace of growth since the COVID‑19 pandemic period, a new report has said.
The Economic Times Residential realty sales growth to moderate slightly to 4-6% in fiscal 2027
Nevertheless, steady operating performance underpinned by healthy collections has translated into controlled debt levels, supporting the credit profiles of developers.
The Economic Times Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill 2025
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, as reported by the Select Committee passed in Lok Sabha on Monday. A total of 12 amendments are being proposed in the Insolvency and Bankruptcy Code (IBC) to strengthen the existing framework and address practical challenges within the system.
The Economic Times Corporate Laws Amendment Bill 2026 tightens LLP compliance with mandatory double entry books, daily penalties and automatic vesting on conversion
The Corporate Laws Amendment Bill 2026 proposes a stricter compliance framework for limited liability partnerships mandating double entry accounting introducing a daily penalty structure for defaults strengthening Registrar enforcement powers and formalising automatic transfer of assets and liabilities upon conversion.
The Economic Times Israel-Iran war: India's economy shows early strain; CEA warns of 'significant' hit to growth, inflation, balances in March review
"The combined impact across the four channels on growth, inflation, the fiscal balance, and external balances is likely to be significant," Nageswaran said.
The Economic Times DoT rules out Vi-like relief for Airtel, Tata Teleservices; telcos must pay ₹10,000 cr AGR dues by March 31
Officials told that in the absence of relief on the lines of Vodafone Idea (Vi), the telecom operators need to deposit the instalment in accordance with a Supreme Court order and that a failure to do so would be treated as contempt of court.
The Economic Times Piyush Goyal meets UK, EU, NZ, Canada trade ministers at WTO MC14 sidelines
The issues were discussed among the respective ministers on the sidelines of the 14th ministerial conference of the World Trade Organization (WTO MC14), the government said Sunday.
The Economic Times Govt may unveil more relief packages for MSMEs, vulnerable sectors if West Asia crisis worsens
The government has announced a slew of measures, including cutting excise duty on petrol and diesel during the month and will not hesitate to announce more to shield the vulnerable sectors of the economy, sources said.
The Economic Times Vedanta to split into five companies in April; Anil Agarwal says demerger to create 'phenomenal' shareholder value: Report
After the demerger, the company will operate as Vedanta, which will include its base metals business. Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy will be the four other entities.
The Economic Times Rules finalised, rollout of all 4 labour codes likely in April
The government had notified the labour codes with effect from November 21, 2025, and had put out the draft rules across the 4 codes in public domain for consultation as mandated by law.
The Economic Times Failure at WTO talks a setback for global trade, says Britain's business and trade secretary
"This is not the outcome we wanted. The UK worked hard to deliver the change that WTO needs and the failure to get a collective decision this week is a major setback for global trade," Kyle said in a statement.
The Economic Times War singes ecommerce, quick commerce supply chains as input costs rise
The first signs of stress, according to industry executives, are visible in packaging costs and inventory movement and fulfilment cycles, particularly for quick commerce platforms that depend on high-frequency restocking. Demand-side pressures could emerge if fuel prices rise sharply, they said.
The Economic Times Trump threatens Iran oil grab, says US could seize Kharg Island export hub
Such a move would involve targeting Kharg Island, through which most of Iran's crude exports flow, placing one of the world's most critical energy nodes at the centre of the escalating war.
The Economic Times RBI's currency defence could leave banks paying the price
Net Open Rupee Position is the overnight unhedged exposure held by a bank in India.
The Economic Times Bajaj Finserv plans AI-only fund, direct bets in concert: Sanjiv Bajaj, Chairman & MD
"The AIF (alternative investment fund) being launched will be amongst the largest AI dedicated funds in India," Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, told ETin an interview. "We expect to invest Rs 400-450 crore in FY27 from the balance sheand the AIF, largely into AI-focused companies."
The Economic Times SFIO summons former top executives of IndusInd Bank in accounting probe
Among those asked to join the probe are former CEO Sumant Kathpalia, former chief financial officer Gobind Jain and former deputy CEO Arun Khurana. The federal agency is seeking explanations regarding the alleged irregularities, according to the people.
The Economic Times KPMG UK puts nearly 600 audit jobs at risk as cost pressure deepens; advisory cuts also hit
The proposed shake-up is expected to lead to up to 440 exits if the redundancy process goes ahead.
The Economic Times Income Tax Act 2025: New rules to kick in from April; why you should recalculate before deciding between old and new tax regimes
The new Income Tax Rules, 2026 have hiked the tax-exemption limits for a host of allowances (graphic 1), bringing the old tax regime back into focus. The new regime had gained a clear upper hand in the financial year 2025-26, with higher exemption and rebate limits, friendlier tax slabs and lower rates announced in Budg2025.
The Economic Times Smartphone PLI surpasses targets, turns out to be right call for India
The fiscal stimulus under the production-linked incentive (PLI) scheme for smartphones is likely to be around ₹21,000 crore for the FY21-26 period, or less than 1% of the value of production.
The Economic Times Meta's India arm renews Mumbai BKC office lease in over ₹200 crore rental deal
The lease involves a carparea of 46,678 sq ft, translating into a chargeable area of 70,167 sq ft. At the agreed rate, the total monthly rental outgo stands at over Rs 3.02 crore.
The Economic Times Rupee slumps to record low past 94/USD, set for worst fiscal in more than a decade
The Indian Rupee hit a record low against the US Dollar. Mounting worries over the energy crisis, fueled by the Middle East war, are impacting the currency. Analysts predict further losses for the Rupee. India faces growth and inflation risks. The Reserve Bank of India's focus appears to be on managing bond yields.
The Economic Times India, US review next steps in trade pact talks
Commerce and Industry Minister Piyush Goyal met with US Trade Representative Jamieson Greer and China's Commerce Minister Wang Wentao on the sidelines of the WTO Ministerial Conference. Discussions focused on next steps for a proposed India-US bilateral trade agreement and bilateral trade matters with China, amidst India's widening trade deficit with Beijing.
The Economic Times Tariff cuts fail to revive US demand for Indian export; Policy uncertainty, Section 301 probe delay recovery in shrimp, textiles
US demand for Indian exports like shrimp and textiles remains subdued due to policy uncertainty and geopolitical tensions, despite tariff cuts. Section 301 investigations into "structural excess capacity" further dampen recovery prospects for these sectors. Gems and jewellery exports, however, show early signs of a rebound.
The Economic Times Median CEO pay in India stands at Rs 10.5 crore for FY 2025-26: Deloitte report
CEO pay in India grew slowest since COVID-19 in FY26. Deloitte reports median compensation reached Rs 10.5 crore. This reflects market volatility and changing incentive plans. CFOs saw the highest pay rise due to high attrition and increased responsibilities. Companies are shifting towards rewarding internal performance metrics over just share price increases. Governance in executive pay is improving.
The Economic Times India's central bank to examine role of e-commerce marketplaces in payments ecosystem
India's central bank will examine e-commerce marketplaces and other digital payment facilitators. This move aims to strengthen oversight of the country's fast-growing payments ecosystem. The Reserve Bank of India will also review cross-border payments and introduce secure tokenisation and transparent pricing for card payments. These steps are part of the Payments Vision 2028 roadmap.
The Economic Times SAEL Industries, Vishvaraj Environment, Symbiotec Pharmalab among 6 cos get Sebi nod for IPOs
Six companies, including SAEL Industries and Vishvaraj Environment, have secured Sebi's approval for their Initial Public Offerings. These firms are set to raise approximately Rs 10,000 crore. The approvals were granted between March 25-27, paving the way for their maiden public offerings. Jindal Supreme India has withdrawn its IPO plan.
The Economic Times Israel hits Iranian nuke facilities and Tehran strikes base in Saudi Arabia, wounding US troops
Tensions escalate as Israel strikes Iran's nuclear sites, prompting Iranian retaliation against a Saudi base. Amidst this conflict, Iran agrees to permit humanitarian and agricultural shipments through the vital Strait of Hormuz. This development offers a glimmer of hope for global food security. Meanwhile, diplomatic efforts continue as the US deploys more troops to the region.
The Economic Times US signals to allies no immediate plans for Iran invasion
America is sending thousands of troops to the Middle East. However, officials indicate no immediate ground invasion of Iran is planned. This deployment offers options and maintains strategic ambiguity. Secretary of State Marco Rubio stated objectives can be met without ground troops. Iran will face significant consequences if a deal is not reached.
The Economic Times Jan Vishwas Bill: New Property tax framework proposed for NDMC areas
New property tax rules are coming for New Delhi Municipal Council areas. The government plans to change how property tax is calculated. A new committee will set property values every three years. Property Identification Codes will be mandatory. Service charges on Union government properties will be set at 75 percent of property tax. Penalties for tax evasion will be stricter.
The Economic Times CBI court sentences seven for four years in income tax refund fraud case
A special CBI court in Chennai on Friday convicted and sentenced seven individuals, including a former senior tax assistant of the Income Tax Department, to four years of rigorous imprisonment along with a total fine of Rs 2.4 lakh in a tax refund fraud case, officials said.
The Economic Times US STOCKS-Stocks tumble, Dow confirms correction territory, as Middle East tensions drag
U.S. stocks tumbled on Friday, with each of the three major U.S. indexes closing at their lowest levels in over seven months and the Dow confirming it was in correction territory as the month-long Middle East war continued to suppress risk appetite. Markets took little solace from U.S. President Donald Trump's announcement that he gave Iran another 10 days to reopen the Strait of Hormuz or face the destruction of its energy plants, after Iran rejected his proposals to end the war that began with U.S.-Israeli air strikes on Iran.
The Economic Times FCRA Bill 2026 tightens compliance for NGOs but may invite constitutional scrutiny, say experts
The Foreign Contribution (Regulation) Act, 2010 (the Act) regulates the acceptance and utilisation of foreign contribution and foreign hospitality and has been amended in the years 2016, 2018 and 2020. At present, approximately 16,000 associations are registered under the Act and receive around ₹ 22,000 crore annually, according to the government data.
The Economic Times Jefferies' Chris Wood sells HDFC Bank after Chairman's puzzling exit, cuts India weightage
In the latest "GREED & Fear" report, Wood disclosed that HDFC Bank has been removed from both his Asia ex-Japan and global long-only equity portfolios, with the proceeds redeployed into HSBC, even as he pares back India and Australia to add to Taiwan.
The Economic Times Govt to review windfall tax imposed on export of diesel and ATF on fortnightly basis: CBIC chief
The Indian government will now review special additional excise duty on diesel and ATF every two weeks. This move aims to ensure domestic availability of these fuels. Additionally, excise duty on petrol and diesel has been cut by Rs 10 per litre each. This decision protects consumers from rising global oil prices.
The Economic Times Indian financial sector is about to be disrupted and legacy players are running out of time: KV Kamath
KV Kamath, a veteran of India's financial transformation, warns that disruption is no longer a future threat but a present reality for legacy players. He highlights how technological shifts, particularly since 2014-15, have empowered fintechs, leaving traditional institutions dangerously behind, especially in asset management and broking.
The Economic Times Foreign investors flee Indian assets at record pace on oil shock, pummel rupee
Foreign investors are exiting Indian markets rapidly. This is driven by rising oil prices due to the Iran war. Concerns about inflation and India's growth outlook are increasing. The Indian rupee has fallen to new lows. Hedging costs have also risen, making Indian assets less attractive. This situation is impacting investor sentiment.
The Economic Times West Asia conflict to strain India's FY27 fiscal math, says ICRA
India's budget for FY2027 faces challenges due to rising global oil and gas prices. The West Asia conflict is pushing up costs, potentially increasing government spending on fuel and fertilizer subsidies. This could also impact tax collections. The government may use its Economic Stabilisation Fund and other measures to manage the fiscal impact.
The Economic Times Rupee hits record low past 94/USD, heads for worst fiscal-year drop since 'taper tantrum'
The Indian Rupee has fallen to a record low against the US Dollar. This decline is driven by concerns over the energy supply crisis stemming from the Middle East war. The currency is on track for its first fiscal year drop since the 2013-14 taper tantrum. Analysts predict further depreciation and potential rate hikes by the Reserve Bank of India.
The Economic Times Rs 5 lakh cr wiped off! Sensex slumps over 1,000 points, Nifty near 23K: Rupee at historic low among 6 key factors
Indian stock markets plunged on Friday. The Sensex dropped over 1,000 points and the Nifty neared 23,000. A record-low rupee and ongoing Iran-US conflict fears impacted investor sentiment. Many top companies saw significant losses. The IT sector was an exception, showing gains. Global markets also experienced weakness.
The Economic Times Asian stocks mostly lower after Wall Street's worst day since start of Iran war
Asian markets saw a decline Friday following a significant drop on Wall Street. Doubts about de-escalation in the Iran war are causing market uncertainty. Tokyo, Seoul, and Australia experienced losses. Hong Kong and Shanghai showed slight gains. Oil prices dipped again. Gold and silver prices rose. The U.S. dollar weakened against the yen and euro.
The Economic Times To keep fuel prices stable, govt cuts petrol, diesel excise duty; ATF tax revised
Amid the West Asia crisis and rising crude oil prices, the Finance Ministry has reduced special excise duty on petroleum products to keep petrol and diesel prices stable.
The Economic Times Fino Payments Bank defers MD Rishi Gupta's reappointment; awaits RBI review
Fino Payments Bank has put managing director Rishi Gupta's reappointment on hold, pending a regulatory review of his 'fit and proper' status by the RBI. The bank's board withdrew a shareholder vote notice after Gupta's recent arrest and subsequent bail in a GST probe. His candidature remains under consideration for a future date.
The Economic Times Family Offices Shifting Mindset for the New-Age Economy
Wealth preservation remains the core objective for most family offices, even as they pursue wealth creation. At the same time, priorities such as succession planning, governance and compliance are moving to the centre. Many family offices are evolving beyond investment vehicles into structured platforms overseeing long-term wealth management and inter-generational transition. Asset allocation is also shifting, with growth assets taking a larger share of portfolios, alongside diversification into real estate, REITs, InvITs, private equity, private credit and venture capital.
The Economic Times Trump extends pause on strikes on Iran's energy infra for 10 more days till April 6 amid talks
US President Donald Trump on Thursday (local time) stated that he is extending the pause on strikes targeting Iran's energy infrastructure for an additional 10 days, until Monday, April 6, 2026, as part of the ongoing diplomatic talks between the sides amid the conflict in West Asia.
The Economic Times Finance Minister Nirmala Sitharaman moves Bill to amend IBC, speed up resolution
Finance Minister Nirmala Sitharaman introduced a bill in Lok Sabha to amend the Insolvency and Bankruptcy Code, aiming for faster resolution of distressed companies. The proposed creditor-led framework emphasizes out-of-court settlements with a 150-day deadline, a significant reduction from the current 330-day limit. New provisions also address cross-border and group insolvency cases.
The Economic Times Centre logs into chat on social media child lock
The Indian government is actively considering restrictions or a ban on social media for children, holding consultations with platforms and stakeholders. This move follows similar actions by states like Karnataka and Andhra Pradesh, and international precedents, driven by concerns over inappropriate content, bullying, and addiction.
The Economic Times Nayara hikes petrol and diesel prices up to ₹5 per litre effective immediately; first since Middle East war
Nayara Energy has become the first major fuel retailer in India to break the price freeze on petrol and diesel. Prices have been hiked by up to ₹5 per litre. This move comes as international crude prices surge due to the West Asia crisis. Private retailers like Nayara do not receive government compensation for losses.
The Economic Times Corporate Laws Bill 2026 arms NFRA with sweeping enforcement powers, penalties and curbs court intervention
The Corporate Laws Amendment Bill 2026 proposes sweeping changes to strengthen the audit watchdog, empowering it with enforcement, penalty and rule making authority, while limiting court intervention and expanding oversight on auditors in a move aimed at tightening audit governance.
The Economic Times Goldman downgrades India, slashes Nifty target and warns of earnings cut. Here's why
Goldman Sachs has downgraded Indian equities to "marketweight," slashing its Nifty target and warning of an impending earnings downgrade cycle due to higher oil prices. The firm anticipates a significant impact on India's macro outlook and corporate profits, leading to a cautious stance on the market.
The Economic Times SEBI reviewing HDFC Bank ex-chairman Atanu Chakraborty's exit letter, sources say
India's market regulator SEBI is examining the resignation letter of former HDFC Bank chairman Atanu Chakraborty. The review focuses on possible violations of rules for directors of listed companies. Chakraborty cited 'happenings and practices' not in line with his values. The letter caused a significant drop in the bank's stock value.
The Economic Times NFRA flags independence gaps, audit lapses at EY firm SRBC; firm cites documentation issues, defends processes
India’s audit watchdog has flagged specific audit execution failures and independence compliance gaps at an EY network firm, while the firm has pushed back on key observations, asserting that procedures were followed and attributing several issues to documentation gaps rather than substantive audit failures.
The Economic Times At least 40% of Russia's oil export capacity halted, Reuters calculations show
Ukraine's drone attacks have crippled Russia's oil exports. Major western ports and the Druzhba pipeline are hit. This disruption, the worst in modern history, affects 40% of Russia's capacity. Tanker seizures add to the woes. Russia now relies on limited Asian routes. This situation impacts global oil prices and Russia's economy significantly.
The Economic Times West Asia War pushes up real cost of India's semiconductor plans
The West Asia conflict is impacting India's semiconductor ambitions, with rising crude-linked costs and supply chain disruptions disproportionately affecting OSAT players. While fabs face cost inflation, OSAT firms are more vulnerable due to reliance on imported materials and lower margins, potentially delaying project timelines and eroding cost competitiveness.
The Economic Times Finance Bill 2026 amendments validate past tax actions, widen reassessment powers, tighten timelines
The government has moved sweeping amendments to the Finance Bill 2026, retrospectively validating electronic tax procedures, shielding assessments from technical challenges, and expanding reassessment powers linked to appellate orders, while introducing defined timelines and compliance relief measures across the Income tax framework.
The Economic Times Finance Minister Nirmala Sitharaman moves Bill to amend IBC, speed up resolution
A new bill to amend the Insolvency and Bankruptcy Code is proposed. It aims to speed up bankruptcy resolution through creditor-led, out-of-court arrangements. The bill also introduces frameworks for cross-border and corporate group insolvency. This aims to reduce delays and improve governance in resolving insolvent companies. The proposed creditor-led process has a 150-day deadline.
The Economic Times US troop movements fan fears of a risky ground attack on Iran
America sends thousands of soldiers to the Middle East. This raises concerns about a possible ground invasion of Iran. President Trump seeks talks to end the war. Iran rejects diplomacy and threatens retaliation. Military experts see risky options for US troops. The situation is tense as deployments continue.
The Economic Times Oil Price Today (March 26): Crude oil above $100 again as Iran rejects US proposal to end war. $150 in sight?
Oil prices rebounded Thursday as markets weighed Iran's review of a U.S. peace proposal against ongoing regional conflict. Disruptions in the Strait of Hormuz and Russia's reduced export capacity continue to fuel supply concerns. Experts predict prices could surge to $150 per barrel if tensions persist, impacting global energy flows.
The Economic Times Hormuz route opened for India: Iran FM Araghchi
Consulate General of Iran in Mumbai said in a post, " We permitted passage through the Strait of Hormuz for friendly nations including China, Russia, India, Iraq, and Pakistan."
The Economic Times Sebi allows cost accountants to conduct annual audit of research analysts, investment advisers
Sebi has expanded the pool of professionals eligible for audits. Members of the Institute of Cost Accountants of India can now conduct annual compliance audits for research analysts and investment advisers. This change widens the scope of eligible professionals. The audit reports are crucial for regulatory compliance. This move is effective immediately.
The Economic Times Google to verify apps, help track finfluencers: Sebi
Sebi is urging Google to deploy AI for identifying finfluencers flouting regulations, aiming to curb misleading investment content online. The regulator has flagged over 1.3 lakh instances of dubious content and 66 fake trading apps. A new verified badge on Google Play for registered intermediaries' apps is also launched to protect retail investors from fraudulent schemes.
The Economic Times Aditya Birla Fashion names Nikhil Modha new CFO, to take charge in 2027
Aditya Birla Fashion and Retail Ltd announced key leadership changes, appointing Nikhil Modha as CFO (designate) and Suraj Bahirwani as CEO (designate) of Pantaloons. Marco Agnolin will also join as CEO of OWND!. These appointments are part of a structured succession plan to ensure leadership continuity.
The Economic Times Explainer: How close is 95 for the rupee and why RBI may opt for calibrated depreciation
The rupee is nearing the 95 per dollar mark due to persistent external pressures like high crude oil prices and capital outflows. The Reserve Bank of India is allowing a calibrated depreciation, balancing policy trade-offs rather than aggressively defending the currency. This trajectory suggests the 95 level is within reach if current conditions persist.
The Economic Times Government keeps inflation target at 4% for 2026-31 period
The Central Government has maintained the retail inflation target at four per cent for the five-year period starting April 1, 2026, and ending March 31, 2031. According to a notification issued by the Ministry of Finance, the upper tolerance level remains at six per cent while the lower limit is set at two per cent.
The Economic Times AI boom accelerates China's chip industry growth as demand strains supply chain
China's chip industry is showing strong growth momentum as a global sprint to build AI infrastructure creates an explosion in demand, sparking higher capital spending and capacity expansion as chipmakers race to keep up, executives said on Wednesday.
The Economic Times Gold, silver rally on weaker dollar, fall in crude prices
Gold and silver prices surged on Wednesday, reversing recent declines, driven by a weaker dollar and lower oil prices. Easing inflation concerns and a softer interest rate outlook boosted sentiment, while geopolitical developments also supported safe-haven demand for precious metals.
The Economic Times CCI okays Japan's MUFG Bank proposal to acquire stake in Shriram Finance
India's fair trade regulator CCI has approved a significant deal. Japan's MUFG Bank will acquire a stake in Shriram Finance. This marks a major cross-border investment in India's financial sector. The CCI also approved State Street Global Advisors' acquisition of Groww Asset Management. These approvals ensure fair competition in the market.
The Economic Times LIC gets Rs 7,100 crore tax demand from income tax department
Life Insurance Corporation of India has received a significant tax demand from the Income Tax Department. The demand amounts to over Rs 7,100 crore for the financial year 2021-22. LIC plans to challenge this order through the legal process. The insurer stated the demand will not materially impact its operations.