-
Business
Crude Oil Prices Rise Amid Renewed Supply Concerns from US-Iran Tensions
Oil prices increased slightly on Friday, driven by renewed concerns over crude supplies following the United States’ threat to maintain a naval blockade of Iran indefinitely. Brent crude futures rose…
Read More » -
Business
Wall Street Approaches Record High Amidst Easing Inflation and Declining Oil Prices
US stock markets approached record highs on Thursday, buoyed by easing inflation data and a decline in oil prices. The S&P 500 rose 0.8%, positioning it to surpass its previous…
Read More » -
Business
Russia Dominates India’s Crude Oil Imports Amid Trump Tariff Discussions
With Russia supplying over 50% of India’s crude oil imports in July, any sudden reduction in these purchases seems unlikely, according to a report by the Global Trade Research Initiative…
Read More » -
Business
Government to Establish Processing Parks in Four States with Emphasis on Lithium and Nickel
India is set to establish four dedicated critical mineral processing parks in Gujarat, Maharashtra, Andhra Pradesh, and Odisha. This initiative aims to enhance domestic processing capacity for lithium and nickel,…
Read More » -
Business
Future Outlook for the Federal Reserve and Consumer Impact
Wholesale prices in the United States showed signs of cooling in July, indicating a potential easing of inflationary pressures. The Labor Department reported that the Producer Price Index (PPI) rose…
Read More » -
Business
Tata Trusts Initiates Search for Chandrasekaran’s Successor
MUMBAI: Tata Trusts has initiated the process to find a successor for N Chandrasekaran as chairman of Tata Sons, following his announcement that he will not seek reappointment at the…
Read More » -
Business
New RBI Regulations Aim to Standardize Loan Rate Setting Across Banks and NBFCs
MUMBAI: New draft regulations from the Reserve Bank of India (RBI) may change how lenders set interest rates on loans. The proposed rules aim to standardize interest-rate calculations across banks,…
Read More » -
Business
New Chief Executive Faces Challenge of Addressing Three Major Cash-Draining Companies
NEW DELHI/ MUMBAI: Tata Sons’ new chairman faces significant challenges with three major cash-losing ventures: Air India, semiconductor and electronics manufacturing, and Tata Digital. The Indian government views Tata Group…
Read More » -
Business
Noel Takes Commanding Control Over Company Operations
MUMBAI: Noel Tata has emerged as a central figure in the Tata Group following N Chandrasekaran’s decision not to pursue a third term at Tata Sons. This shift comes amid…
Read More » -
Business
Chandrasekaran Navigates Final Phase Amid Changing Dynamics and Increased Scrutiny
MUMBAI: N Chandrasekaran’s tenure as chairman of Tata Sons faces uncertainty just days before the company’s annual general meeting on August 18. His position is precarious as he lacks a…
Read More » -
Business
Oil Prices Decline Amid OPEC’s 2026 Demand Forecast Cuts and Ongoing Supply Risks from Iran Conflict
Oil prices fell by more than $1 on Thursday, driven by a weaker outlook for global demand. The decline occurred amid ongoing supply disruptions linked to the Middle East conflict.…
Read More » -
Business
India Aims to Enhance Strategic Petroleum Reserves with New Facilities in Madhya Pradesh and Rajasthan
NEW DELHI: India is set to enhance its strategic petroleum reserves by establishing new facilities in Bina, Madhya Pradesh, and Bikaner, Rajasthan, while also increasing storage capacity at Mangalore. This…
Read More » -
Business
Media Organizations File Lawsuit Over Paid Access to Trump’s Posts on Truth Social
US President Donald Trump’s media company, Trump Media & Technology Group (TMTG), is facing a lawsuit from press organizations over its new Truth Social service. The lawsuit claims that the…
Read More » -
Business
Parliamentary Committee Probes Discrepancy Between Increased Capex and Production Levels in Oil & Gas Sector
NEW DELHI: A parliamentary committee has raised concerns about the effectiveness of rising capital expenditure in India’s oil and gas sector, questioning whether it is leading to increased domestic production.…
Read More » -
Business
Carmakers Raise Alarm Over Fuel Contamination Issues; Complaint Subsequently Withdrawn
Amid growing concerns over the impact of ethanol-blended E20 petrol on vehicles, internal communications among auto industry executives have revealed significant worries about fuel contamination. Since April 1, when E20…
Read More »
