Business

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

1780826484 unnamed file

Oil shock fears overdone, India can grow above 8%: Neelkanth Mishra

India’s economic growth remains resilient and concerns that higher crude oil prices could significantly derail the economy are overstated, according to Neelkanth Mishra, India’s newly appointed Executive Director at the World Bank.In an interview with ANI, Mishra said India is better positioned than many other energy-importing economies to absorb elevated oil prices without suffering major...
untitled design 49

Strait Of Hormuz Disruption: ‘Gained non-competitive advantages’: Rosneft chief says US energy companies were biggest winners from Hormuz disruption

Rosneft chief executive Igor Sechin on Saturday said American energy companies were the biggest beneficiaries of the closure of the Strait of Hormuz, while warning that prolonged disruption in the vital shipping route could ultimately undermine global oil demand and accelerate interest in alternative energy sources, as per Reuters.Speaking at the St. Petersburg International Economic...
1780720827 representative image

$1.3 trillion wiped off Wall Street as AI rally slows; Nvidia slips 6%, Micron falls 13%

US tech stocks came under heavy pressure on Friday, with semiconductor giants leading the decline as investors grew cautious about artificial intelligence-fuelled valuations and digested stronger-than-expected US jobs data.The sell-off was most severe in the chip sector, where the PHLX Semiconductor Index plunged 10.3%, marking its steepest single-day fall since March 2020. The decline followed...
article

‘Ocean of energy opportunities reinforced’: Oil India discovers natural gas in Andaman Sea deepwater well – watch

Oil India Limited discovered the presence of natural gas in an exploratory well drilled in the Andaman Sea, marking a significant development in India’s offshore exploration efforts, announced union minister for petroleum and natural gas Hardeep Puri.The discovery has been made in the “Sri Vijayapuram-3” well, located about 15 km off the east coast of...
131540540

G-Secs rally as govt and RBI ease foreign investing rules

MUMBAI: Bonds rallied after govt and RBI announced measures to encourage foreign investment in govt securities on Friday. The yields on benchmark 10-year govt securities (G-Secs) softened to 6.94% in early trades, from 6.99% on Thursday, after the govt said foreign portfolio investors (FPIs) would be exempted from long-term capital gains and withholding taxes on...
131540588

Bulk deposit pricing to be more transparent, flexible

MUMBAI: RBI has proposed tighter disclosure norms for deposit interest rates while allowing banks to price large deposits based on withdrawal risk, which will be a fourth factor for differential rates. Until now banks were allowed to offer differential rates based on tenor, size, and premature withdrawal conditions. These determine whether deposits qualify as bulk...
131540592

Retract charges or pay Rs 1,000cr: Tata Trusts

MUMBAI: Tata Trusts has demanded petitioner Suresh Tulsiram Patilkhede and his lawyer Katyayani Agarwal withdraw allegations of impropriety over a 37-year-old transfer of 833 Tata Sons shares, seeking Rs 1,000 crore in damages for reputational harm and causing distress. The charitable organisations sent notices to both, saying transfer of shares from Navajbai Ratan Tata Trust...
1 89 90 91 92 93 165

Latest News

Stay in the loop

Subscribe to the newsletter for all the latest updates

[contact-form-7 id="cbf4cce" title="email"]

Featured Posts

Follow Us