- by Atul MathurState Refiners Largest Buyers Of Russian Fuel
- by Rupali Mukherjee
- by TOI Business Desk
- by TOI Business Desk
- by TOI Business Desk
- by TOI Business Desk
- by TOI Business Desk
- by Mahendra Yadav
- by Pankaj Doval
- by TOI Business Desk
- by TOI Business DeskA Middle East conflict involving the US and Iran is now impacting Asia, potentially pushing 8.8 million into poverty, according to a UN report. Soaring fuel costs and trade disruptions are hitting household budgets and food security across the region, with significant economic losses projected. Remittance flows are also a concern for several nations.
- by TOI Business DeskUttar Pradesh government has approved a significant interim hike of approximately 21% in minimum wages for workers in Gautam Buddh Nagar and Ghaziabad, effective April 1. This decision follows widespread factory worker protests. New monthly wages for unskilled, semi-skilled, and skilled workers in these regions have been revised, with the CM urging employers to ensure […]
- by TOI Business DeskPakistan is holding talks with Saudi Arabia and China to secure financial assistance as it prepares to repay a loan of roughly $3 billion to the United Arab Emirates, sources told Bloomberg.
- by TOI Business DeskIndia's state-run oil companies are incurring significant losses, estimated at Rs 18 per litre on petrol and Rs 35 on diesel, due to unchanged retail prices amidst volatile global crude oil prices. Despite a government excise duty cut, these firms continue to face mounting financial strain, with potential price hikes anticipated post-state elections.
- by TOI Business DeskShip movements have already dropped sharply, with daily crossings falling to single digits compared with around 135 during normal conditions. A blockade similar to earlier US actions off Venezuela could bring traffic to a complete halt.
- by TOI Business DeskEvergrande is one of many developers that defaulted after Chinese authorities moved in 2020 to curb excessive borrowing in the property sector.
- by TOI Business DeskGold price prediction today: Gold prices may trade range-bound with a bearish bias as a breakthrough in US-Iran peace talks remains elusive, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
- by TOI Business DeskChina's export growth significantly decelerated to 2.5% in March, falling short of expectations and marking the weakest performance in six months. This slowdown is attributed to rising global energy costs and supply disruptions stemming from the Middle East conflict. Conversely, imports surged by 27.8%, indicating robust domestic demand despite geopolitical uncertainties.
- by TOI Business DeskDelhi-Dehradun Expressway: Passing through Delhi, Uttar Pradesh and Uttarakhand, the route is expected to bring down the current travel time of over six hours to roughly two and a half hours, according to an official statement.
- by TOI Business DeskDelhi-Dehradun Expressway inauguration: Prime Minister Narendra Modi has inaugurated the Delhi-Dehradun Expressway, which is also being called the Delhi-Dehradun Expressway Economic Corridor. The new expressway built under National Highways Authority of India is an access-controlled roadway corridor that will substantially reduce the travel time between Delhi and Dehradun. The full expressway was thrown open on […]