Business News

New Delhi. Friday, 29 May 2026 The Government of India is drafting a landmark policy framework designed to revolutionize the country’s fertilizer sector. By promoting coal gasification-based urea production, the initiative aims to systematically cut down India’s heavy reliance on expensive, imported Liquefied Natural Gas (LNG), bolster national energy security, …

Mumbai. Friday, 29 May 2026 India’s premier commodity derivatives exchange, the Multi Commodity Exchange (MCX), recorded a phenomenal performance, registering an aggregate weekly turnover of ₹72,16,572.63 crore. The trading window spanning late May demonstrated a stark divergence between traditional futures contracts and modern options structures. While standard commodity futures brought …

Mumbai. Friday, 29 May 2026 As domestic inflationary pressures show signs of persistence and global crude oil prices remain volatile, all eyes are turning to the Reserve Bank of India’s (RBI) upcoming Monetary Policy Committee (MPC) meeting scheduled from June 3 to June 5, 2026. Following the three-day deliberations, RBI …

New Delhi. Friday, 29 May 2026 A paradigm-shifting proposal is moving through the corridors of New Delhi regarding the 8th Pay Commission (8th CPC). While traditional salary revisions focus entirely on the fitment factor or basic inflation tracking through Dearness Allowance (DA), employee unions have shifted the spotlight to a …

Mumbai. Friday, 29 May 2026 Tax compliance in India has entered a significantly more digitized and structured era. Following the implementation of the Income Tax Act, 2025 (which replaced the old 1961 Act) and the accompanying Income Tax Rules, 2026, the Income Tax Department rolled out an updated framework for …

Mumbai. Friday, 29 May 2026 For decades, the standard blueprint for developing nations aiming to become global economic powerhouses relied heavily on merchandise trade—mass manufacturing and the massive export of physical goods. Today, India is fundamentally rewriting that playbook. Driven by a highly skilled workforce and an accelerated pivot toward …

New Delhi. Friday, 29 May 2026 In a significant diplomatic shift and economic reset, India and Canada have agreed to bypass complex, sensitive sectors to aggressively target immediate wins (“low-hanging fruit”) in their ongoing Comprehensive Economic Partnership Agreement (CEPA) negotiations. Both nations aim to wrap up the landmark trade pact …

Mumbai. Friday, 29 May 2026 The Reserve Bank of India (RBI) is actively evaluating a structural shift in the country’s cash management system by considering the introduction of plastic (polymer) currency notes. Intended to reduce printing expenditures and enhance the lifespan of physical cash, the proposal has gained significant traction …

Beijing. Thursday, 28 May 2026 China is grappling with a monumental shift in its economic landscape. Historically characterized by aggressive international market expansions and dominance in global manufacturing, the world’s second-largest economy is facing an unprecedented internal struggle: massive, record-breaking capital flight. In 2025, data revealed that nearly $1 trillion …

Mumbai. Thursday, 28 May 2026 The Indian commodity derivatives market is experiencing a massive wave of volatility. According to the latest data from India’s premier commodity exchange, the Multi Commodity Exchange (MCX), trading volumes hit an impressive milestone, crossing a total turnover of Rs 79,116.82 crore. While the headline numbers …