Biden Slaps Higher Tariffs on Chinese EV Batteries, Chips

U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters, who give his economic policies low marks. Biden will keep tariffs put in place […]

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Wholesale Inflation Rises to 13-mth High of 1.26% in Apr

Wholesale inflation rose to a 13-month high of 1.26% in April compared with 0.53% in the previous month, as food inflation went up further and fuel and power prices increased on a year-on-year basis after a gap of 11 months. The year-on-year WPI (Wholesale Price Index) inflation hardened to a 13-month high of 1.3% in […]

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MahaRERA proposes self-declaration of project quality by realty developers

The above measures are intended to guarantee that construction projects adhere to high standards of quality and safety, benefiting homebuyers and bolstering the overall credibility of the real estate sector. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has proposed that realty developers provide an annual self-declaration of their projects’ quality assurance based on multiple parameters […]

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India’s oil demand to grow 4% to 5.8 mbd in 2025: OPEC

India’s oil demand is expected to grow to 5.80 million barrels per day in 2025, up 4.1% from the 5.57 million barrels per day projected in 2024. The cartel highlighted that the growing demand will be supported by increased consumption of gasoline and other petroleum products on the back of growing economic activity. Healthy economic […]

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