Economy

Warsh claimed that Trump never extracted any rate commitment from him. "I would not have agreed to commit to any rate decisions," he told Senators.

Production costs for the world's largest condom maker have climbed by about 25% to 30% since the war started.

The staff side of NC-JCM has recommended reducing the pension commutation restoration period to 1112 years.

The refund process opened on April 20 after a court ruling invalidated a group of tariffs imposed during President Donald Trump's trade agenda.

India has so far avoided the sharp fuel price hikes seen elsewhere, as state-run refiners absorbed losses.

"Central bankers must be strong enough to listen to a diversity of views from all corners," Trump's Fed chief nominee Kevin Warsh will tell a Senate panel.

The resilience of the Indian economy, Sanjay Malhotra asserted, results from the robust policy frameworks and strong, credible institutions developed over time.

Data compiled by Kotak highlights the sharp contrast between India and both advanced and emerging markets, where consumers have faced sustained increases in fuel costs since January.

The report suggested that India's gems and jewellery sector should shift from mid-value to high-value exports.

About a dozen officers from India are in Washington for three-day trade talks with the US authorities.

Two securities repurchased by the government were part of the scheduled bonds set to mature later this financial year.

As the talks are set to begin,Commerce and Industry Minister Piyush Goyal during an event on Monday added that the dealis "almost finalised."

Businesses with unliquidated tariff entries can now seek refunds through US Customs and Border Protection's new CAPE portal.

Pumps have withdrawn discounts they used to give earlier on monthly purchases above a certain threshold.

The moderation will primarily result from tighter fiscal headroom due to rising revenue expenditure commitments.

India and US resume BTA talks in DC. Commerce Minister Goyal confirms first phase is nearly done, bridging trade, tech, and defense goals for a deeper strategic pact

The decline comes amid a slump in crude oil output, which fell by 5.7% year-on-year.

However, banks still can't carry out all foreign-exchange derivative deals with so-called related parties, the RBI said.

'In India, the unemployment rate for illiterates is 3%. For graduates aged 15 to 24, it's 40%,' Zerodha pointed out.

The revision will be effective from January 2026, and employees will also receive arrears for the backdated period.