Economic Times4/21/2026BusinessIndia
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Business·42m ago
CBDT grants income-tax exemption to NCCL's Core Settlement Guarantee Fund
The Central Board of Direct Taxes (CBDT) has granted income-tax exemption to the Core Settlement Guarantee Fund (CSGF) of National Commodity Clearing Ltd (NCCL) for assessment years 2019-20 to 2026-27, ensuring continued tax benefits under the new Income-Tax Act.
Economic Times
Developing·42m ago
India to Crack Down on Drugmakers Selling Unlisted, Irrational Formulations
India's government plans to penalize drugmakers with unlisted products to stop sales of irrational fixed-dose combinations. Expert committees suggest license cancellation for unapproved formulations, as previous measures failed to ensure compliance.
Economic Times
Developing·1h ago
T. rex Skeleton 'Gus' to be Auctioned by Sotheby's for Estimated $20-30 Million
A massive T. rex fossil, nicknamed 'Gus', discovered on a South Dakota cattle ranch, will be auctioned by Sotheby's on July 14, 2026. With an estimated sale price of $20-30 million, it is among the largest and most complete T. rex skeletons ever found, sparking debate about private ownership of scientific discoveries.
TOI World
Urgent·2h ago
Russia Bans Diesel Exports Amidst Ukrainian Drone Attacks and Domestic Shortages
Russia has banned diesel exports until July 31 to stabilize its domestic fuel market, following Ukrainian drone attacks on refineries that caused shortages and long queues at gas stations. The country plans to import fuel in July.
Economic Times
Urgent·3h ago
Global Markets Tumble as Trump Casts Doubt on Iran Ceasefire
Global stock markets and oil prices surged Wednesday after President Trump questioned the Iran ceasefire, sparking fears of supply disruptions. Wall Street opened lower, with the S&P 500 down 0.5% and Dow Jones down 1%. Brent crude rose 4.8% to $77.74.
Times of India
Developing·3h ago
India-US Trade Deal Crucial for Economic Growth, Says Surjit Bhalla
Economist Surjit Bhalla states a comprehensive India-US trade deal is vital for India's economic growth, competitiveness, and development, extending beyond trade balances to markets and technology. He warns delays benefit China and urges PM Modi to prioritize it, noting other trade deals are insufficient.
Times of India