The law now allows Trump to put up to 100% tariffs on Russian oil buyers US President Donald Trump has signed into law a sweeping sanctions package targeting Russia and Iran, giving his administration expanded powers to penalise countries that continue buying Russian oil and gas, including India.The “Lindsey O. Graham Sanctioning Russia and Iran…
The vote exposed differences among Trusts’ own nominee directors. MUMBAI: In an unprecedented break with its principal shareholders, Tata Sons’ board Thursday voted to reappoint N Chandrasekaran as executive chairman for another five years, defying Tata Trusts, which called the resolution “a legal nullity”, exposing a split over leadership and strategy at India’s largest conglomerate.A…
Bulk consumers must declare their sugar stocks on the food department’s portal every Friday NEW DELHI: Ahead of the festive season, Centre Friday relaxed the stockholding limit for bulk sugar consumers, allowing them to hold sugar for up to 30 days instead of the existing 15 days, as retail prices have eased by nearly 10%…
ACME is developing green ammonia and green methanol facilities in India and Oman NEW DELHI: Global investment firm Brookfield will invest up to $600 million in ACME Cleantech Ventures to support development and construction of green molecule projects in India and West Asia, the companies said Thursday. ACME Cleantech Ventures is a UK-based privately held…
Expectations for Friday’s trading session point to a flat to mildly positive opening for domestic equity benchmarks, with early signals from GIFT Nifty near 23,330–23,345 suggesting a muted or soft green start relative to Thursday’s close of 23,270.60. Wall Street momentum offers solid risk-on support, with the Nasdaq surging over 1.6 per cent and the…
Oil stays above $100 despite 1% drop as Saudi alternate routes ease supply fears (AI-generated image) Oil prices fell about 1% for a third straight session on Friday, but remained above $100 a barrel, as hopes of alternative routes for Middle Eastern crude reaching global markets outweighed concerns over fresh strikes between Saudi Arabia and…
Rupee rises 16 paise (file photo) NEW DELHI: The rupee recovered from over two-month lows, rising 16 paise to 95.73 against the US dollar in early trade on Friday, helped by gains in domestic equities and easing crude oil prices in overseas markets.Forex analysts said the decline in crude prices below the $104-per-barrel mark, after…
The government is considering stricter regulations for digital gold. Have you bought digital gold or are planning to? The Securities and Exchange Board of India had cautioned investors about digital gold in 2025. In a circular, Sebi said these products were distinct from gold products regulated by it because they were neither notified as securities…
The National Stock Exchange of India’s Rs 22,569-crore initial public offering (IPO) was fully subscribed on the second day of bidding on Friday, driven by strong demand from institutional investors.The IPO received bids for about 8.83 crore shares against 8.86 crore shares on offer by 2:44 pm, according to exchange data cited by Reuters.The issue…
Indian Railways is considering extending the run of its only hydrogen-powered train to Delhi. India’s first hydrogen train launched two months ago established Indian Railways’ technological prowess in running the world’s longest and highest-powered hydrogen train.However, even though the train has worked well as a technology demonstrator so far, its occupancy has been lower than…
Saudi Aramco to halt crude supplies to European refiners next month Saudi Aramco has informed at least two European refining customers that they will receive no crude oil next month following an attack on a key Saudi pipeline to the Red Sea, Bloomberg News reported on Friday.European customers typically receive Saudi crude under term contracts…
Both the non-institutional investor and qualified institutional buyer categories were fully subscribed on the second day. NSE IPO subscription status: National Stock Exchange of India (NSE)’s initial public offering was fully subscribed on Friday, the second day of bidding, with non-institutional investors and qualified institutional buyers driving demand.The Rs 22,569-crore IPO has become India’s second-largest…
