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Govt to forego over $190 million in revenue after ending petchem import tax

The decision to end the levy came as the government invoked emergency powers and diverted local chemicals for production of cooking gas to address shortages

Oil jumps nearly 7% after Trump says US to keep up attacks on Iran

The gains followed an earlier fall of more than $1 in both benchmarks prior to Trump's televised speech to the nation, after having settled lower in the previous session

Centre uses LPG import crunch to speed up piped gas adoption, cut imports

In March, India added 580,000 new households to its piped gas network, up from 342,300 a year earlier

Gas crunch hits Firozabad's glass industry as West Asia conflict continues

India's ​heavy reliance on gas across the economy - businesses of all sizes, households, agriculture, public transport - makes its factories among the most vulnerable in Asia

SpaceX files for blockbuster IPO confidentially, eyes $1.75 trn valuation

The filing comes after SpaceX merged with Musk's artificial intelligence startup xAI in a deal that valued the rocket company at $1 trillion and the developer of the Grok chatbot at $250 billion

Russia's GDP falls 1.5% year-on-year in February amid weak growth outlook

In the first two months of the year, GDP fell by 1.8 per cent

In a first, Trump attends US Supreme Court arguments on citizenship

Trump was driven by motorcade from the White House and arrived before the arguments, wearing a red tie and dark suit

Maruti Suzuki may raise prices as Iran conflict drives up commodity costs

The carmaker, majority-owned by Japan's Suzuki Motor, said it has not faced any supply disruptions, but acknowledged potential disruptions in the future

Oil drops 1% as West Asia uncertainty offsets Trump's war-end hopes

Prices rose earlier on Wednesday but then uncertainty over the Middle East conflict prompted investors to lock in gains

American Heart Association urges people to favour plant-based proteins

It also suggested limiting the use of sugar, salt and ultra-processed foods and replacing full fat dairy with non-fat and low-fat dairy

Govt does not plan to revive offshore mining auction in near term

Authorities may explore the option ​of ‌auctioning different blocks to test interest among miners

India's diesel exports to SE Asia hit 7-year high in March due to Iran war

The surge in exports could boost spot sale margins for ‌Indian refiners who have purchased large volumes of prompt Russian crude to replace West Asia supply disrupted by the war

Govt grants temporary customs duty relief for SEZ goods sold domestically

The lowered duty ‌rates will range between 5 per cent to 12.5 per cent across industries

Musk must face class action over late disclosure of Twitter stake: Judge

The investors said Musk saved more than $200 million, and cheated them because they sold Twitter shares at depressed prices during the 11-day period

Warren Buffett cautions about fragility emerging in the banking system

"They all affect each other, and the troubles from one can spread over to another," Buffett, the chairman of Berkshire Hathaway Inc., said

West Asia de-escalation hopes boost Wall Street as crude prices climb

Global markets rebound amid Iran war tensions, as easing fears lift stocks while oil prices head for a record monthly surge

Microsoft faces second major UK investigation over cloud licensing

Antitrust authorities in the European Union and the United States are also investigating the cloud computing market

Unilever and McCormick agree deal to create $65 billion food giant

The UEWC said it would turn to the trade unions it works with to discuss what action might be taken if Unilever does not "find good solutions for affected employees"

Israel to establish buffer zone in south Lebanon up to Litani River

Radwan forces are an elite military unit of Hezbollah.

Italy refuses US aircraft use of Sicily base for West Asia ops: Report

Daily Corriere della Sera reported "some U.S. bombers" had been due to land at the base in eastern Sicily before heading to the West Asia. It did not say when they had been due to land