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Business
Government Prohibits Industries from Purchasing Petrol and Diesel at Pumps; Requires Bulk Purchase Method
Centre has prohibited industrial, commercial, and institutional users from purchasing petrol and diesel at retail fuel outlets, directing them to switch to bulk suppliers. On Wednesday, the Ministry of Petroleum…
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International
Former South Korean President Sentenced to Additional 30 Years for Drone Incursion into North Korea
A South Korean court has sentenced former President Yoon Suk Yeol to 30 years in prison for his role in sending drones into North Korea. Prosecutors claimed that Yoon ordered…
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International
Manslaughter Charges Filed Following Fatal Fire Incident in Hong Kong
Hong Kong authorities have taken significant legal action in connection with the tragic fire at the Wang Fuk housing complex that occurred last November, resulting in the deaths of 168…
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International
Japan Voices Increasing Discontent Over Trump’s Use of Anime Characters
A growing backlash in Japan is emerging over U.S. President Donald Trump’s use of beloved anime and manga characters in his social media posts. Fans have expressed their discontent since…
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Business
US Inflation Surges to 3-Year High Amid Energy Shock from Iran Conflict
US inflation reached a three-year high in May, driven primarily by surging energy prices amid global supply disruptions linked to the Iran conflict. The Consumer Price Index (CPI) rose 4.2%…
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Business
Strategies for Safeguarding Your Wealth Amidst a Declining Rupee
The Indian rupee is experiencing a significant decline, impacting investment portfolios across the country. The currency’s fall is largely attributed to the ongoing US-Iran conflict, which is straining an economy…
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Business
Why Crude Oil Prices Aren’t Surpassing $200: Iran and Gulf States Navigate Hormuz Blockade for Oil Transport
Oil prices have surged following Iran’s closure of the Strait of Hormuz and the subsequent U.S. naval blockade of Iranian ports. Despite these disruptions, crude oil prices have not reached…
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International
Miraculous Survival of Everest Guide Sparks Debate on Tourism Safety Standards
A remarkable survival story has emerged from the treacherous slopes of Mount Everest, where a climbing guide, Hillary Dawa Sherpa, was found alive after being presumed dead for six days.…
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Business
Following RBI Initiatives, Banks Introduce Up to 7% Interest on Dollar Deposits
MUMBAI: Banks are now passing on benefits from the Reserve Bank of India’s free hedging window to non-resident customers. This shift has led to an increase in Foreign Currency Non-Resident…
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Business
Brands Aim to Score Big with FIFA World Cup Sponsorships
MUMBAI: The FIFA World Cup has ignited a marketing frenzy among Indian brands eager to capitalize on the global soccer event. With viewership extending beyond dedicated football fans, companies see…
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Business
Equity Mutual Fund Inflows Decline Amid Geopolitical Risks, Reaching 12-Month Low of Rs 22,908 Crore in May
Equity mutual funds in India experienced a significant decline in inflows in May, reaching their lowest level in a year. According to data from the Association of Mutual Funds in…
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Business
Donald Trump’s AI Initiative: Potential Benefits for the Public and Implications for Tech Giants
US President Donald Trump announced on Wednesday that he anticipates major artificial intelligence companies will agree to a model that would allow them to “give back” to the public. This…
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Business
India Equity Market: BlackRock Argues Against Market Shift Towards AI Leaders
India’s equity market is facing challenges due to a lack of direct artificial intelligence (AI) investments and rising oil prices, according to BlackRock. The world’s largest asset manager noted that…
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International
Father of Air India Crash Pilot Pledges to Uphold Son’s Honor Amid Investigation
The father of Captain Sumeet Sabharwal, one of the pilots who tragically lost his life in last year’s Air India plane crash, has vowed to defend his son’s reputation as…
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Business
Government Considers Delaying Increased Ethanol Mandate
NEW DELHI: The Indian government is unlikely to mandate an immediate increase in ethanol blending levels, allowing consumers to choose flex fuel vehicles instead. This decision comes amid concerns that…
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