Vande Bharat Sleeper train NEW DELHI: Indian Railways is set to expand its premium overnight train network with two new Vande Bharat Sleeper services connecting Mumbai and Bengaluru, and Varanasi and New Delhi. The Bengaluru-Mumbai service is scheduled to be inaugurated on October 31, followed by the Varanasi-New Delhi service on November 1.The two services…
IEA’s Birol does not expect energy markets to return to pre-war levels in 2027 With oil prices edging towards $120 a barrel and winter adding to concerns over fuel supplies, the global energy crisis could outlast the Iran war itself.International Energy Agency (IEA) executive director Fatih Birol has warned that energy markets are unlikely to…
Govt allows registration of flex-fuel vehicles running on 85% to 100% ethanol-blended petrol NEW DELHI: Government on Monday notified a change in Central Motor Vehicles Rules, allowing flex-fuel vehicles that can run on upto 100% ethanol blended petrol. This comes barely months before some of the car manufacturers are set to launch their E100 models.An…
Bank holiday on October 26 NEW DELHI: India’s festive calendar continues to bring a series of holidays in October, making it important for bank customers to check the schedule before heading to a branch. On Monday, October 26, banks will remain closed in selected states for Laxmi Puja, Accession Day and Maharishi Valmiki’s birthday.While bank…
Asian equities showed a broadly negative trend, with Taiwan, Shenzhen and South Korea among the sharper decliners. Taiwan’s index fell 846.34 points, or 1.81%, to 46,041.43, while Shenzhen declined 233.36 points, or 2%, to 11,440.466. South Korea’s KOSPI dropped 65.38 points, or 1.18%, to 5,484.92. Japan’s Nikkei lost 471.67 points, or 0.75%, to 62,221.49, while…
Silver prices rose 0.2% to $54 per ounce, bucking the marginal decline in gold as investors assessed the outlook for US interest rates ahead of the Federal Reserve’s policy meeting this week. Among other precious metals, platinum fell 0.1% to $1,549.42 per ounce, while palladium gained 0.4% to $1,047.90. Source link
MUMBAI: Anil Agarwal, the billionaire-entrepreneur with his origin in Patna in Bihar, is putting in place a plan that would see every Vedanta group company being managed by professionals, and not by any of his family members. The majority ownership of these companies, however, would remain with the group’s London-listed company in which the family…
File photo: GSTAT rules GST on cancelled airline tickets refundable if the airline returns the fare and GST to passengers and has supporting documents. NEW DELHI: GST paid on cancelled airline tickets can be claimed as a refund if the airline has returned both the fare and GST to the passengers and has supporting documents…
NEW DELHI: Gold and silver are expected to face fresh headwinds this week as surging crude oil prices revive inflation concerns, while US Federal Reserve’s policy decision could determine whether bullion rates stabilise or extend their downward trend, analysts said.The precious metals, already battered by elevated bond yields and a stronger dollar, will look to…
Crude prcies fall from six month-highs, but trade beyond $100 per barrel Oil prices fell over 1% on Monday after surging to near six-month highs late last week. Despite the decline, prices remained elevated, with Brent crude hovering near $115 per barrel as continued attacks on Saudi Arabia kept concerns over global oil supplies alive.The…
File photo: AI companies are using Indian data centres to serve customers BENGALURU: Global AI companies are using Indian data centres to serve customers overseas, not just local users, as delays in securing power and capacity elsewhere push them to spread their computing infrastructure across countries, operators told TOI.“We are already hosting some customers and…
Geopolitical tensions and soaring crude prices are fuelling market volatility, weakening the rupee and driving foreign investors away from Indian stocks. MUMBAI: Rising geopolitical risks, elevated crude oil prices, a weakening rupee and unabated foreign fund selling have combined to force Dalal Street investors on the back foot. As a result, markets are bracing for…
