Business News: Economy & Markets

JSW Energy subsidiary gets Rs 1,447 crore water dues notice

IANS | April 21, 2026 8:37 PM

Mumbai, April 21 (IANS) JSW Energy Limited on Tuesday said its subsidiary, JSW Mahanadi Power Company Limited, has received a demand notice of Rs 1,447.34 crore from the Water Resources Division in Janjgir, Chhattisgarh, towards water charges, most of which relate to the period before the approval of its resolution plan under the Insolvency and Bankruptcy Code, 2016.

Cash-strapped Bangladesh fails to get funding assurance from IMF, World Bank

IANS | April 21, 2026 8:29 PM

New Delhi, April 21 (IANS) Bangladesh has failed to get any breakthrough at the IMF-World Bank Spring meeting, held earlier this month, on the stalled IMF programme, and no assurance that the expected $3.2 billion in budget support from the World Bank, the ADB, the AIIB, and Japan can be mobilised within the government's timeline, a local media report said.

India, South Korea sign pact to boost MSME ties

IANS | April 21, 2026 8:29 PM

New Delhi, April 21 (IANS) India and South Korea have signed a Memorandum of Understanding to bolster cooperation in the Micro, Small, and Medium Enterprises sector as part of efforts to strengthen bilateral economic ties during President Lee Jae Myung's visit to India.

RBI tightens e-mandate rules, makes extra authentication mandatory for recurring payments above Rs 15,000

IANS | April 21, 2026 7:24 PM

Mumbai, April 21 (IANS) The Reserve Bank of India (RBI) on Tuesday issued consolidated guidelines for e-mandates in digital payments, mandating an additional factor of authentication (AFA) to enhance the security of recurring transactions.

India must aim for 100 pc ethanol as auto fuel: Gadkari

IANS | April 21, 2026 7:01 PM

New Delhi, April 21 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Tuesday said India should aim to achieve 100 per cent ethanol blending for use as auto fuel in the near future, to cut dependence on imported oil, which made the country vulnerable to disruption in energy supplies amid geopolitical uncertainties such as the Iran war.

Over 5.01 lakh new PNG connections gasified, LPG supply normal: Govt

IANS | April 21, 2026 6:54 PM

New Delhi, April 21 (IANS) The supply of LPG to domestic households has been prioritised and cylinders are being delivered normally with no reports of dry outs at LPG distributorships, according to an official update issued by Petroleum Ministry on Tuesday.

India, Bhutan reaffirm commitment to further strengthen customs cooperation

IANS | April 21, 2026 6:27 PM

New Delhi, April 21 (IANS) India and Bhutan, in a high-level meeting of customs officials, reaffirmed their shared commitment to further strengthening customs cooperation, promoting seamless cross‑border trade and ensuring secure and efficient border management under the Agreement on Trade, Commerce and Transit, it was announced on Tuesday.

Govt promotes financial literacy, create awareness about new Income Tax Act, 2025

IANS | April 21, 2026 6:14 PM

New Delhi, April 21 (IANS) The government on Tuesday organised an outreach programme here to promote financial literacy and create awareness about the newly-introduced Income Tax Act, 2025, with particular focus on provisions relating to educational institutions and charitable trusts.

RBI’s digital currencies plan for BRICS meet holds key to quicker global payments

IANS | April 21, 2026 6:07 PM

New Delhi, April 21 (IANS) The Reserve Bank of India (RBI) proposal to the Union government to place the linking of Central Bank Digital Currencies (CBDCs) of BRICS countries on the agenda for the 2026 BRICS summit, to be chaired by India, could play a key role in facilitating international payments, according to an article.

India's financial services deal activity resilient despite geopolitical tensions

IANS | April 21, 2026 5:13 PM

New Delhi, April 21 (IANS) India's financial services sector displayed inherent resilience in the first quarter of 2026, as deal activity normalised after strong activity in the previous quarter, despite geopolitical tensions arising from the US-Iran conflict, a report has said.

BUSINESS

JSW Energy subsidiary gets Rs 1,447 crore water dues notice

Cash-strapped Bangladesh fails to get funding assurance from IMF, World Bank

India, South Korea sign pact to boost MSME ties

RBI tightens e-mandate rules, makes extra authentication mandatory for recurring payments above Rs 15,000

India must aim for 100 pc ethanol as auto fuel: Gadkari

Over 5.01 lakh new PNG connections gasified, LPG supply normal: Govt

India, Bhutan reaffirm commitment to further strengthen customs cooperation

Govt promotes financial literacy, create awareness about new Income Tax Act, 2025

RBI’s digital currencies plan for BRICS meet holds key to quicker global payments

India's financial services deal activity resilient despite geopolitical tensions

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