Oil surges over 25% to $116.5 per barrel

Experts warn that if geopolitical tensions continue to escalate and supply disruptions persist, oil prices could remain volatile and may move towards the $150 level in the coming period. Illustration: Dado Ruvic/Reuters Key Points A 20 per cent global shortage

India’s AI Regulation: Balancing Innovation and User Safety

India is taking a balanced approach to artificial intelligence (AI) regulation, prioritising both innovation and user safety, setting itself apart from the US and European Union models. Photograph: Kind courtesy ThisIsEngineering and Tiger Lily/Pexels.com Key Points India is pursuing a

Too early to comment on US tariff changes: Sitharaman

Finance Minister Nirmala Sitharaman addresses concerns over the impact of recent US tariff changes on the Indian economy, stating that the Commerce Ministry is actively reviewing the situation before further comment. Photograph: ANI Photo   Key Points Finance Minister Nirmala

AI can help India achieve Viksit Bharat goal, but poses high risk to jobs: IMF chief

IMF Managing Director Kristalina Georgieva highlights the transformative potential of artificial intelligence to drive global economic growth while cautioning about the significant risks of job displacement and financial instability that must be addressed proactively. Photograph: Carla Carniel/Reuters Key Points IMF’s

Trump’s tariffs junked: What it means for Indian companies

The Trump administration on April 2, 2025, announced these duties on about 60 nations, including India. It was aimed at providing a level playing field to US exporters. Illustration: Dado Ruvic/Reuters Key Points Normally, companies pass on these taxes to

Economic Survey 2026: India must run marathon and sprint simultaneously

According to the Economic Survey 2026, the appropriate stance for 2026 is therefore one of strategic sobriety rather than defensive pessimism. IMAGE: Finance Minister Nirmala Sitharaman. Photograph: ANI Photo In a world of geopolitical turbulence, India must run a ‘marathon