Category: Business

India’s high growth, low inflation story at risk! RBI flags 5 adverse impacts from US-Iran war; how resilient is the economy?

RBI’s message is clear: the initial supply shock can potentially transform into a demand shock. (AI image) The US-Iran war has caused major disruptions for global markets and economies, and India as the world’s fifth largest economy is not immune to the shock. Heavily dependent on imports to meet its crude needs, a rise in […]

PFRDA rolls out NPS Swasthya to combine retirement planning with health cover

Pension fund regulator PFRDA has launched the second proof of concept (POC) of ‘NPS Swasthya’, an initiative aimed at integrating retirement planning with healthcare funding, PTI reported.The Pension Fund Regulatory and Development Authority (PFRDA) said the National Pension System (NPS) Swasthya is a multi-partner framework designed to provide financial and health security.Under the initiative, Medi […]

Rupee surges 52 paise to 92.54 against dollar; US-Iran ceasefire, RBI stance lift sentiment

The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced a two-week suspension of military strikes against Iran and the Reserve Bank kept policy rates unchanged, PTI reported.Forex traders said investor sentiment improved following Governor Sanjay Malhotra’s assurance that recent forex measures do not […]

US stock markets today (April 8, 2026): Dow jumps 1,300, S&P 500 gains 2.4%; crude oil tumbles toward $90 on Iran ceasefire

US stock markets rallied sharply on Wednesday while crude oil prices plunged toward $90 per barrel after President Donald Trump announced a two-week ceasefire with Iran, easing fears of prolonged supply disruptions, AP reported.The S&P 500 surged 2.4%, while the Dow Jones Industrial Average jumped 1,332 points, or 2.9%, and the Nasdaq Composite climbed 2.9% […]

Stock markets today (April 8, 2026): Nifty50 & Sensex surge nearly 4%-which are the top gainers and losers today? Check stock list

Equity benchmark indices Sensex and Nifty50 surged nearly 4% on Wednesday, tracking a sharp rally in global markets and a steep fall in crude oil prices after the US and Iran announced a two-week ceasefire. The rally was also supported by the Reserve Bank of India’s decision to keep the policy repo rate unchanged, broad-based […]

Jaipur Metro Phase-2: Cabinet approves Rs 13,038 crore project; 41-km corridor to boost connectivity

The Union Cabinet on Wednesday approved Jaipur Metro Phase-2, a 41-km North–South corridor from Prahladpura to Todi Mod with 36 stations, at a total cost of Rs 13,037.66 crore, according to a government statement.The project will be implemented by Rajasthan Metro Rail Corporation Limited (RMRCL), a 50:50 joint venture of the Centre and the Rajasthan […]

Fertiliser support: Cabinet clears Rs 41,534 crore nutrient-based subsidy for Kharif 2026; DAP price kept unchanged

The Union Cabinet has approved a nutrient-based subsidy (NBS) of Rs 41,534 crore for the Kharif 2026 season, aimed at insulating farmers from global price volatility and ensuring affordable fertiliser availability.The government reiterated its commitment to shield farmers from fluctuations in international fertiliser prices, particularly amid elevated global rates due to Middle East crisis since […]

Father cannot escape responsibility by understating income: Delhi High Court reduces maintenance to Rs 25,000 for three children

The High Court undertook a detailed scrutiny of the financial disclosures made by both parties. (AI image) In a detailed and socially grounded ruling, the Delhi High Court has reiterated that a father cannot evade his obligation to maintain his minor children by understating his income or making selective financial disclosures. The Court stressed that […]

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