FASTag users will no longer face service disruption for not completing vehicle verification, with the National Highways Authority of India (NHAI) revising the Know Your Vehicle (KYV) process to make it simpler and more user-friendly. FASTag, a device fixed on a vehicle’s windscreen, enables automatic toll payment using Radio Frequency Identification (RFID) technology, allowing motorists…
Global Trade Research Initiative (GTRI) has proposed a three-step strategy to safeguard India’s trade interests as discussions with the United States have stepped into the “advanced stage.” The agency has suggested measures like scaling back Russian oil imports, seeking trade parity and resuming talks on fair terms. ‘Very Good…’: Trump Drops Major Russian Oil Reveal…
Even as Moscow’s crude dominates headlines, it’s not the only Russian oil flowing into India. Russia has now surpassed Ukraine to become India’s biggest supplier of sunflower oil, with shipments soaring twelvefold over the past four years, according to industry data cited by ET.“Russia is the largest and most reliable source of sunflower oil in…
The United States is nearing the longest federal government shutdown in history, having remained closed for the entire month with no resolution in sight. Economists have warned that the longer the impasse drags on, the greater the risk that the economy, already showing signs of strain, could shift from bending to breaking.“The economy is fragile…
Months after US President Donald Trump settled a $16 million lawsuit with CBS News, he is set to return to “60 Minutes” this Sunday, marking his first appearance on the programme since the dispute.CBS confirmed that Norah O’Donnell conducted the interview at Mar-a-Lago on Friday. The network has, however, not disclosed how this week’s interview…
MUMBAI: The Rs 1,668-crore IPO for Orkla India, the Indian arm of the Norwegian conglomerate, was subscribed nearly 49 times at close of bidding on Friday.Data from BSE showed that while the institutional part was subscribed almost 118 times, the portion reserved for high networth investors (HNIs) was subscribed 54 times. Data also showed that…
Maruti Suzuki India Ltd on Friday reported an 8% increase in consolidated net profit at Rs 3,349 crore for the September quarter, helped by record export growth even as domestic sales weakened.In the same quarter last fiscal, the automaker had earned Rs 3,102.5 crore, the company said in a regulatory filing, PTI reported. Revenue from…
The Centre’s fiscal deficit stood at 36.5 per cent of the full-year target at the end of the first half of FY26, according to data released by the Controller General of Accounts (CGA) on Friday. In comparison, the fiscal deficit had reached 29 per cent of the Budget Estimates (BE) for 2024-25 during the same…
Businesses that have not filed their pending GST returns for three years or more will no longer be able to do so beginning the November tax period, according to an advisory from the Goods and Services Tax Network (GSTN).The GSTN, which manages the technology backbone of the indirect tax system, said that monthly, quarterly, and…
Amazon’s stellar quarterly results helped Wall Street stay near record highs on Friday, with the S&P 500 hovering around its all-time peak set earlier in the week, capping what could be its sixth straight monthly gain — the longest winning streak since 2021.The S&P 500 was virtually flat after paring morning gains, while the Dow…