Centre eases BIS quality compliance with new risk-based framework for manufacturers

Centre has introduced a risk-based compliance mechanism to ease industry compliance with Quality Control Orders (QCOs), allowing eligible manufacturers to follow a simplified certification route while maintaining product quality and consumer protection. The Centre has introduced a risk-based compliance mechanism to ease industry compliance with Quality Control Orders (QCOs), allowing eligible manufacturers to follow a … Read more

From Amazon, ABB to Google, AirTrunk & more: Global giants commit billions of dollars to India

The trend sends a signal that global corporations increasingly view India as a major long-term growth market. (AI image) Global majors are lining up billions of dollars worth investment in India despite the global economic uncertainty around war and trade policies. Recent announcements by tech giants and other global companies indicate the rising importance of … Read more

US stock markets today: Dow rises as Micron jumps on AI outlook, Apple slides after price hikes

US stocks traded mixed on Thursday as a rally in artificial intelligence-linked chipmakers led by Micron Technology offset losses in Apple, which came under pressure after announcing price increases across several products US stocks traded mixed on Thursday as a rally in artificial intelligence-linked chipmakers led by Micron Technology offset losses in Apple, which came … Read more

Gold price crash explained: Why are gold rates falling and when will yellow metal recover?

Experts see near-term volatility and decisions on rate hikes influencing the outlook of gold prices. (AI image) Gold prices have crashed around 30% from their all-time peaks seen in January this year. Silver is down more than 50%! At present, gold is trading at a seven month low in international markets.In January 2026, gold prices … Read more

US inflation climbs above 4% for first time in three years as consumer spending stays resilient

The Personal Consumption Expenditures (PCE) price index, the US Federal Reserve’s preferred inflation gauge, rose 4.1% in the 12 months through May, up from 3.8% in April, data released by the Commerce Department’s Bureau of Economic Analysis showed on Thursday. US inflation accelerated above the 4% mark for the first time in three years in … Read more

Middle East fuel oil exports hit four-month high as Hormuz shipping gradually recovers

Exports from the region are expected to reach about 2.4 million metric tonnes (508,000 barrels per day) this month, more than 20% higher than in May, according to Kpler and LSEG data cited by Reuters. However, shipments remain well below the pre-conflict monthly average of 5.5-6 million tonnes. Middle Eastern fuel oil exports are set … Read more

$1.5 billion-crypto connection: How North Korean heist ended in Iran’s central bank

What began as a crypto heist operated from North Korea spiralled into a web of transactions linked to Iran’s central bank!The trail started with investigators tracking the movement of the $1.5 billion stolen from Bybit across the crypto ecosystem. Along the way, they found two wallets linked to the Central Bank of Iran, before the … Read more

Beyond oil tanks: Strategic pricing reserves, the new mantra for India’s energy security

Just like the SPR creates storage reserves, there is now a need to create another SPR- Strategic Pricing Reserves. (AI image) By Col Rajeev Agarwal (Retired), Senior Research Consultant, CRFWith the signing of the MoU by President Trump and President Pezeshkian on 16 June and the operationalisation of the Roadmap of 60 days, there is … Read more