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Diesel prices may stay high through 2027

A driver pumps diesel fuel at a truck stop in Miami, Florida on September 11, 2026. Diesel fuel prices in the U.S. topped $6 a gallon for the first time ever. Joe Raedle | Getty Images Diesel prices may need to remain high through 2027 as refinery constraints contend with recovering consumption from governments and...
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Proposed GST changes positive for business: Experts

GST reforms (representative image) NEW DELHI: Tax experts see the proposed changes to the GST regime – that will now be discussed on Thursday — as positive for businesses, helping reduce the working capital requirement and eventually benefit buyers.“It is expected that businesses may be entitled for refund of accumulated GST on input services and...
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Rbi Swap Scheme: RBI swap scheme boosts private banks’ Q2 business numbers

MUMBAI: Private banks’ Q2 FY27 credit and deposit growth got a significant lift from RBI’s concessional dollar-rupee swap facility for FCNR(B) deposits. Banks mobilised billions of dollars and deployed part of the funds through overseas branches, boosting headline balance-sheet growth.The gap between headline and underlying growth was significant. Axis Bank’s advances grew 22.7%, but 18.8%...
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