US working on new tariff refund system that could be ready in 45 days

IANS | March 7, 2026 11:44 AM

Washington, March 7 (IANS) A US government agency is working on a new system to simplify the tariff refund process that could be ready in 45 days, a report said, as many companies seek refunds of the Trump administration's emergency duties that the Supreme Court struck down last month.

India has enough forex to handle rise in global oil prices, economy poised for high growth

IANS | March 6, 2026 7:42 PM

New Delhi, March 6 (IANS) While the Iran war has already driven Brent crude up around 9 per cent to near $80 per barrel and LNG prices by around 50 per cent in the global market, India has sufficient foreign exchange reserves, a low current account deficit (CAD) of 0.8 per cent of GDP in H1 FY26, and low inflation rates, which collectively allow it to effectively mitigate the impacts of rising global crude oil prices and ensure domestic energy security, according to the Finance Ministry’s monthly review report released on Friday.

Adani Group named official partner for UNESCO’s World Engineering Day 2026

IANS | March 6, 2026 7:22 PM

Ahmedabad, March 6 (IANS) The Adani Group has been named as the official partner for the World Engineering Day for Sustainable Development (WED) 2026 — an International Day by UNESCO (United Nations Educational, Scientific and Cultural Organisation) and delivered by the World Federation of Engineering Organisations (WFEO).