Business News: Economy & Markets

Poverty in Pakistan 14.6 pc more than official estimates: SPDC report

IANS | March 31, 2026 1:28 PM

New Delhi, March 31 (IANS) Poverty in Pakistan has surged to 43.5 per cent, according to the Social Policy and Development Centre (SPDC), indicating a far graver situation than official estimates by the Pakistan Bureau of Statistics (PBS) and the Planning Commission, which place poverty at 28.9 per cent, according to an article in the Karachi-headquartered Express Tribune.

Google launches 2026 India accelerator for AI startups

IANS | March 31, 2026 1:21 PM

New Delhi, March 31 (IANS) Major tech giant Google on Tuesday opened applications for the 2026 cohort for 'startups accelerator' in India, a three-month, equity-free programme aimed at supporting AI-focused startups in the country.

IMF allows Pak small policy space for fuel subsidies; economically unsustainable: Report

IANS | March 31, 2026 12:42 PM

New Delhi, March 31 (IANS) The recent surge in global oil prices is testing Pakistan’s fragile macroeconomic stabilisation and the International Monetary Fund’s (IMF) tolerance of Islamabad’s decision to cushion domestic fuel prices signals a shift in approach, a new report has said.

SEBI flags 60x stock surge in Elitecon, alleges pump-and-dump scheme

IANS | March 31, 2026 12:23 PM

Mumbai, March 31 (IANS) The Securities and Exchange Board of India (SEBI) has initiated regulatory action against Elitecon International Ltd after finding prima facie evidence of a pump-and-dump scheme in the company’s shares.

eGramSwaraj routes over Rs 3 lakh crore to deepen rural India's digital push

IANS | March 31, 2026 12:00 PM

New Delhi, March 31 (IANS) India’s Gram Panchayats have routed over Rs 3 lakh crore in cumulative payments through the eGramSwaraj platform and the AI‑powered 'SabhaSaar' meeting tool is now available in 23 Indian languages, the government said on Tuesday.

Gold, silver likely to trade positive amid hopes of de-escalation in West Asia, crude oil prices slip

IANS | March 31, 2026 11:53 AM

New Delhi, March 31 (IANS) Gold and silver prices are likely to open higher in Tuesday’s evening session amid hopes of de-escalation in the West Asia conflict.

RBI postpones capital market exposure framework to July 1

IANS | March 31, 2026 10:41 AM

New Delhi, March 31 (IANS) The Reserve Bank of India (RBI) has deferred the implementation of its revised capital market exposure framework by three months, changing the effective date to July 1, 2026, from the earlier April 1 deadline.

S. Korea earmarks $609 million in extra budget for Mideast crisis response

IANS | March 31, 2026 10:21 AM

Seoul, March 31 (IANS) The Ministry of Trade, Industry and Resources said on Tuesday it has allocated 924.1 billion won ($609 million) in a supplementary budget to respond to the Mideast crisis amid disruptions in energy and industrial supply chains.

FY27 set to begin with new Income Tax law, revised filing deadlines

IANS | March 31, 2026 10:13 AM

New Delhi, March 31 (IANS) As India approaches the new fiscal year FY27, the country’s direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force -- replacing the six-decade-old 1961 legislation and introducing changes in compliance, terminology and taxation.

Govt releases over Rs 1,500 crore to boost rural local governance in 6 states

IANS | March 31, 2026 10:05 AM

New Delhi, March 31 (IANS) The government on Tuesday said it has released more than Rs 1,500 crore as the 15th Finance Commission grants to strengthen rural local governance in six states.

Business

Poverty in Pakistan 14.6 pc more than official estimates: SPDC report

Google launches 2026 India accelerator for AI startups

IMF allows Pak small policy space for fuel subsidies; economically unsustainable: Report

SEBI flags 60x stock surge in Elitecon, alleges pump-and-dump scheme

eGramSwaraj routes over Rs 3 lakh crore to deepen rural India's digital push

Gold, silver likely to trade positive amid hopes of de-escalation in West Asia, crude oil prices slip

RBI postpones capital market exposure framework to July 1

S. Korea earmarks $609 million in extra budget for Mideast crisis response

FY27 set to begin with new Income Tax law, revised filing deadlines

Govt releases over Rs 1,500 crore to boost rural local governance in 6 states

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