Business

June 16, 2026 7:20 AM

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Government hikes export duties on diesel and Aviation Turbine Fuel

  The Government has increased the Special Additional Excise Duty (SAED) on the export of diesel and Aviation Turbine Fuel (ATF) in its latest fortnightly review. With effect from today, the export duty on diesel has been raised to 14 rupees per litre from 13 rupees 5 paisa per litre, while the levy...

June 15, 2026 1:53 PM

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India’s WPI-based inflation accelerates to 9.68 % year-on-year in May

  India’s Wholesale Price Index (WPI) based inflation accelerated to 9.68 per cent year-on-year in May under the newly released WPI series, compared with 8.26 per cent in April under the old series. The release marks the first major revision of India’s wholesale inflation series in over a decade, wi...

June 15, 2026 2:32 PM

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Domestic markets witnesses strong gains during afternoon trade

Benchmark domestic equity indices witnessed strong gains in the afternoon session today following the announcement of a peace deal between the United States and Iran. The Sensex climbed 922 points to 76 thousand 450, while the Nifty rose 287 points to 23 thousand 910, when reports last came in. Easi...

June 15, 2026 7:11 AM

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Oil prices down as US & Iran to end 107-day war

The US and Iran finalised a deal to end their 107-day war and open the Strait of Hormuz, the narrow waterway used to ferry one-fifth of the global oil supplies. US President Donald Trump made the announcement of Truth Social last night, saying America will end its naval blockade on Iranian ports. Oi...

June 12, 2026 6:25 PM

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Asian & European markets up

Asian stock market indices edged higher today. South Korea’s Kospi surged 4.6 per cent, Japan's Nikkei 225 soared 2.8 per cent, Taiwan's Taiex climbed 2.4 per cent, Hong Kong's Hang Seng jumped 1.9 per cent, China’s Shanghai Composite advanced 1.1 per cent, and Singapore's Strait Times rose 0.8 per ...

June 12, 2026 6:04 PM

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India’s retail inflation accelerated to 3.93% in May

  India’s retail inflation accelerated to 3.93 per cent in May this year on an annual basis, rising for the fifth consecutive month under the new series. The inflation print was moderately higher from 3.48 per cent recorded in April. According to data released by the Ministry of Statistics and Progr...

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