Economy News ( English version)

Federal Communications Commission Chairman Brendan Carr threatened broadcasters with cancellation of their licenses if they did not “correct course” on news coverage.

The Trump administration approved BP Plc’s plan to pump billions of dollars worth of crude from what will be the company’s first virgin field development in the Gulf of Mexico since the deadly 2010 Deepwater Horizon disaster that triggered the worst oil spill in US history.

A pardon lobbyist, $500,000 demand and alleged 'enforcer' lead to extortion charge in New York

Avenue Supermarts Limited which operates the DMart supermarket chain, said in a statement that Unadkat will replace Chandrashekhar Bhave as the Chairman of the Board on April 1.

Companies, including Infosys, HCL, and TCS, issued advisories as tensions in the Middle East impacted global energy markets.

Companies anticipate a surge in fixed-term jobs following new labour code implementation. This signals a move towards formal employment. While many firms are preparing, a readiness gap exists. The Code on Wages is expected to bring significant changes. Overall, the new codes are seen as a positive step for formalisation and compliance in India.

In light of the West Asia turmoil, Indian exporters are becoming agile strategists, monitoring the movements of shipping companies with a keen eye. To counter the disruptions, they are reshaping their inventory and agreements to embrace flexibility.

Iran war: India has brought forward a global tender for urea imports and ordered 13.5 lakh tonnes of fertiliser by mid-February. About 90 per cent of this order is expected to arrive by the end of March, the sources said.

Union Minister Piyush Goyal stated India's economic resilience amidst the Middle East war, acknowledging a potential short-term dip in economic activity. He expressed confidence in India's strong fundamentals and the public's willingness to collaborate with the government to overcome challenges and recover in the coming months.

India's economy shows strong resilience against global headwinds. Favorable interest rates and liquidity conditions are set to boost growth. The investment cycle is on an upward path, driven by government infrastructure spending and manufacturing support. Private investments are expected to rise, particularly in renewable energy.