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Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. But in early 2025, OPEC+ members decided on the gradual output increase and subsequently began to accelerate the pace.
President Trump's impending tariff hike on steel and aluminium imports, effective June 4, is projected to significantly impact Indian metal exports, potentially costing $4.56 billion. The increased duties are expected to diminish the competitiveness of Indian manufacturers in the US market. India has notified the WTO and is considering further actions in response to the tariff increase.
FM Nirmala Sitharaman counters social media claims of GST registration corruption and delayIndustry bodies hail cut on crude oil customs duty, call it timely support for refinersDonald Trump’s steel, aluminum tariff hike to hit $4.56 billion worth of Indian exports: GTRI reportMetropolitan bank branches lose ground in credit, falls to 58.7% from 63.5% in five years: RBIIndian bond market strengthens as inflation eases and anticipated RBI rate cuts: Jefferies
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OPEC+ announces sharp increase in July oil productionDonald Trump says 'US very close to making deal with India', claims Pakistan delegates to visit next weekDonald Trump sees 'unlimited' potential for 'large-scale trade' with Russia when 'bloodbath is over'China manufacturing shrinks in May despite trade war truceDonald Trump announces 50% tariff on steel imports from June 4 to 'secure industry in US'
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Crypto isn’t dead, it’s evolving rapidly to create a new worldUS tightens crackdown on crypto with lawsuits against Coinbase, BinanceBitcoin drops about 4%, slips below $30,000 amid crypto selloffCoinbase CEO: Crypto firms will develop 'offshore' without clear regulationsCryptoverse: Bitcoin miners escape the bear trap
'Budget's given comfort to monetary authority': Finance secretary Tuhin Kanta PandeyIncome Tax Slabs FY 2025-26 explained: 20 FAQs individual taxpayers should check to understand tax rates, income tax benefit under new tax regime'Budget non-inflationary, focuses on fiscal prudence': Finance secretary Tuhin Kanta PandeyBudget signals slowing fiscal consolidation, says Moody'sLatest income tax slabs 2025-26: How much tax do individuals earning slightly above Rs 12 lakh have to pay? Marginal relief calculations explained
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