Upcoming IPO: Punjab Carbonic files DRHP with SEBI to raise funds through public issue

Punjab Carbonic Limited, an integrated carbon capture & utilisation and industrial gas solutions company, has filed its Draft Red Herring Prospectus dated March 31, 2026, with the Securities and Exchange Board of India, BSE Limited, and National Stock Exchange of

Ship carrying Iranian oil shifts course midway from India to China

A US-sanctioned oil tanker carrying Iranian crude, initially headed to India, has changed course for China, spotlighting payment complexities and raising questions about India’s future energy imports from Iran. Photograph: Costas Baltas/Reuters Key Points A US-sanctioned tanker carrying Iranian crude

Customs Duty Exemption on Petrochemicals: How India is Responding to West Asia Crisis

To mitigate the impact of the West Asia crisis on domestic industries and consumers, India has temporarily waived customs duties on critical petrochemical imports, ensuring supply stability and reducing cost pressures. Photograph: Reuters Key Points The Indian government has exempted

India Imposes Import Restrictions on Gold, Silver, Platinum: What It Means

To prevent misuse of free trade agreements, India has placed import restrictions on all forms of gold, silver, and platinum articles, effective immediately. Photograph: Lisi Niesner/Reuters Key Points India has imposed import restrictions on all gold, silver, and platinum articles

RBI Intervention Sparks Rupee Rally: Understanding the Impact on Forex Markets

The Indian rupee experienced a dramatic surge following the Reserve Bank of India’s intervention in the forex market, but ongoing global economic pressures continue to pose challenges for the currency’s stability. Photograph: Francis Mascarenhas/Reuters Key Points The Indian rupee saw

Dow futures slide 600 pts as oil rallies on Trump’s Iran stance

US Stock Market LIVE Updates: Futures on Wall Street declined sharply after US President Donald Trump’s prime-time address and continue to remain lower. While the Dow Futures are down 450 points, S&P and Nasdaq future are down up to 1.5%. Brent

Adani Energy Solutions sets board meeting date to consider and approve Q4 results 2026

Adani Energy Solutions (AESL) has informed investors that its Board of Directors is scheduled to meet on Thursday, April 23, 2026, to review and approve the audited standalone and consolidated financial results for the quarter and financial year ended March

India-US Interim Trade Deal: Progress, Tariffs, and Non-Tariff Barriers Explored

In spite of recent tariff changes and a temporary slowdown in discussions, India and the United States are committed to advancing and finalising an interim trade agreement aimed at opening markets and reducing trade barriers, as highlighted in a recent

GAAR Relief: Income Tax Department Clarifies Rules for Pre-2017 Investments

The Income Tax Department provides clarity on GAAR applicability, confirming that income from investments made before April 1, 2017, will not be subject to the anti-avoidance rules, offering relief to investors and simplifying tax regulations. Illustration: Dominic Xavier/Rediff Key Points

India’s Auto Industry Achieves Record Passenger Vehicle Sales in FY26: Key Growth Drivers

India’s passenger vehicle market reached unprecedented heights in FY26, with sales soaring to a record 4.7 million units, fueled by GST 2.0 and robust performances from leading automakers. Photograph: Petr Josek/Reuters Key Points India’s passenger vehicle sales hit a record

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