Page 2 - Latest News
West Asia crisis threatens 2 mbpd of Gulf refining capacity: Rystad Energy
Up to 2 million barrels per day of Gulf refining capacity faces disruption as the Strait of Hormuz remains closed amid US-Iran tensions, threatening global oil supply, says Rystad Energy
 "West Asia crisis threatens 2 mbpd of Gulf refining capacity: Rystad Energy")
Vi executives to meet institutional investors in HK, Singapore next week
Telecom operator's management plans investor meetings in Singapore and Hong Kong as it seeks overseas funding to support its multi-year capex programme
 "Vi executives to meet institutional investors in HK, Singapore next week")
IPO still a few quarters away: Razorpay's Cofounder and MD Shashank Kumar
Razorpay's MD and Co-Founder Shashank Kumar on why AI agents will do more for India's small merchants than traditional search, the company's IPO plans, and why the conflict in West Asia makes it hard
 "IPO still a few quarters away: Razorpay's Cofounder and MD Shashank Kumar")
Armed forces plan to set up new drone, data, geospatial, info war units
The plans come just months after Operation Sindoor, which saw extensive information warfare, disinformation campaigns and the first instance of large-scale drone warfare in the subcontinent
 "Armed forces plan to set up new drone, data, geospatial, info war units")
Iran strikes keep markets on tenterhooks as West Asia conflict escalates
Since the conflict began, Sensex has fallen 6.5% and Nifty 6.1%
 "Iran strikes keep markets on tenterhooks as West Asia conflict escalates")
HCLTech Chennai employees asked to work from home amid LPG crisis
IT services firm allows employees at its Chennai centre to work from home as LPG shortages disrupt canteen operations; some peers also see limited food services
 "HCLTech Chennai employees asked to work from home amid LPG crisis")
Gig workers report drop in orders on Zomato, Swiggy amid LPG shortage
West Asia crisis: Cooking gas crunch puts food delivery orders on slow boil
 "Gig workers report drop in orders on Zomato, Swiggy amid LPG shortage")
Remittances from West Asia see 20-30% jump in March due to conflict
This is a short-term phenomenon; if the conflict prolongs it would have an adverse impact on remittances, sources said
 "Remittances from West Asia see 20-30% jump in March due to conflict")
Agentic AI next frontier in ads and commerce, says Google Ads VP
Google Ads Vice President Dan Taylor says agentic AI could transform shopping journeys and advertising by simplifying decisions and enabling seamless commerce across the web
 "Agentic AI next frontier in ads and commerce, says Google Ads VP")
US starts tariff investigation against India and 15 other countries
USTR opens Section 301 investigations into 16 economies, including India, over excess manufacturing capacity that Washington says undermines US industrial revival
 "US starts tariff investigation against India and 15 other countries")
Extended stay of Indians back from W Asia may trigger tax implications
Under the Income-tax Act, residential status is primarily determined by the number of days an individual spends in India during a financial year
 "Extended stay of Indians back from W Asia may trigger tax implications")
GenAI courses see fastest traction in India: Coursera CTO Furniturewala
There are roughly 4 mn enrolments from India in AI and Gen-AI courses on Coursera, he said, adding that this pace of upskilling and reskilling was necessary to unlock a $1.7 trn economic opportunity
 "GenAI courses see fastest traction in India: Coursera CTO Furniturewala")
India dials Iran for safe transit of its vessels through Strait of Hormuz
Government engages Tehran to ensure safe transit for Indian-flagged vessels amid West Asia conflict as concerns mount over oil, gas and fertiliser supplies
 "India dials Iran for safe transit of its vessels through Strait of Hormuz")
Fixed tenures may be next for upper-layer NBFC chiefs under new norms
Proposal could mirror RBI's 15-year limit for private bank leaders
 "Fixed tenures may be next for upper-layer NBFC chiefs under new norms")
US trade deficit narrows to $54.5 billion in January as exports rise
Trade flows last year were subject to large monthly swings as US importers reacted to a slew of tariff announcements from President Donald Trump
 "US trade deficit narrows to $54.5 billion in January as exports rise")
Reluctance of market participants hits gas trading volumes at IGX
Market participants turn cautious amid high LNG prices and supply regulation as West Asia conflict disrupts gas shipments and fuels uncertainty
 "Reluctance of market participants hits gas trading volumes at IGX")
SC to hear challenge against EPF rules governing international workers
Supreme Court issues notice on plea challenging EPF Scheme provisions requiring foreign nationals working in India to contribute to provident fund
 "SC to hear challenge against EPF rules governing international workers")
New I-T Act to roll out on April 1 with only 54 forms for smooth transition
India will roll out the new Income-tax Act, 2025 from April 1 with 54 forms operational initially, while the rest will be introduced in phases during FY27
 "New I-T Act to roll out on April 1 with only 54 forms for smooth transition")
Clear interpretation key to labour Code success in India's reform journey
The second of the two-part series looks at working hours, employer responsibilities and compliance
 "Clear interpretation key to labour Code success in India's reform journey")
Retail inflation rose to 3.2% in Feb on higher food, precious metal prices
India's retail inflation rose to an 11-month high of 3.21% in February as food prices and precious metals gained
 "Retail inflation rose to 3.2% in Feb on higher food, precious metal prices")