Finance

September 1, 2026 9:00 AM

Global bond sell-off deepens as oil tops $90, inflation fears rise

Selling drove global bond yields to major new highs on Tuesday as renewed fighting in the Middle East lifted oil prices above $90 a barrel and put pressure on stock markets around the world.   The 10-year U.S. Treasury yield, a benchmark for prices across asset classes, rose 2.2 basis points to a...

August 31, 2026 5:31 PM

India economy grows 7.8% in Q1 FY27, PM Modi calls it a ‘herculean feat’

India's real gross domestic product (GDP) grew 7.8% in the April-June quarter of FY27, accelerating from the year-ago period, while real gross value added (GVA) expanded 8.2%, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday. Prime Minister Nar...

August 31, 2026 5:20 PM

Services sector expands in June; real estate growth leads at 24.7%

India’s services sector witnessed broad-based growth in June 2026, with 18 of the 19 sub-sectors covered under the Index of Services Production (ISP) registering year-on-year growth, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday. Eight sub...

August 31, 2026 3:49 PM

Over 7.5 crore ITRs filed for AY 2026-27 so far: Income Tax Department

More than 7.5 crore income tax returns (ITRs) have been filed for assessment year 2026-27 so far, the Income Tax Department said on Monday, urging taxpayers with non-audit business or professional income to complete their filings before the August 31 deadline. In a post on X, the department said th...

August 31, 2026 11:39 AM

Sitharaman arrives in Asheville for G20 finance ministers’ meeting

Finance Minister Nirmala Sitharaman on Sunday arrived in Asheville, North Carolina, for the G20 Finance Ministers and Central Bank Governors’ Meeting, which will focus on strengthening global growth amid conflicts in West Asia and Europe. Sitharaman is on a six-day visit to the US from August 28 ...

August 31, 2026 8:30 AM

Shares skid in Asia as oil, yields stay high

Share markets slipped on Monday in Asia as fresh fighting broke out between the United States and Iran, lifting oil prices, while bond yields stayed elevated after investors narrowed the odds on a U.S. rate hike. Brent futures climbed 1.4% to $89.38 a barrel after U.S. forces struck two of Iran's l...