G7 nations have agreed to release 100 million barrels of oil over four months to ease soaring fuel prices, with a substantial amount of diesel to be released within the first 20 days. The International Energy Agency will coordinate the releases.
USTR Jamieson Greer says both sides have identified the sticking points and are working diligently towards an agreement, with another leaders' call likely soon…
The incumbent Anup Bagchi has tendered resignation after HDFC Bank announced his appointment on Thursday as MD & CEO of the bank, effective from October 13, 2026…
Foreign exchange reserves have fallen for three straight weeks, losing about $38.2 billion, as the RBI intervenes to support the rupee amid higher crude oil prices…
Union Commerce and Industry Minister Piyush Goyal made it clear that India opposes linking the Most-Favoured-Nation (MFN) status to voluntary or selective WTO rules. He was attending the the G20 Trade Ministers' Meeting Session.
Insurers collect premiums up front and pay claims later, investing the float in between. Commissions to agents and distributors are one of their biggest costs.
Exam angleInsurers are liability-driven investors: they match the timing of their assets to expected claims.
An IPO's costs — bankers, lawyers, listing fees — don't all hit the profit and loss account.
Exam angleInd AS 32: costs of issuing new shares are deducted from equity; costs of listing existing shares are expensed. Shared costs are split between the two.
Keventer Group and Saroj Poddar Group proudly unveil a Rs 400-crore investment fund tailored for real estate ventures. This fund implements a secured debt financing approach, focusing its efforts on projects within the Delhi-NCR and West Bengal regions.
RBI's MPC will meet from October 5-7 to decide on interest rates; economists expect a 25-basis-point hike to 5.5 per cent as inflation rises and global central banks tighten policy…
In September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising US interest rates. This selling trend persisted into October with an outflow of Rs 9,232 crore.
US employers added just 29,000 jobs in September, well below expectations, while the unemployment rate rose to 4.2 per cent, weakening the case for an October rate hike…
Bajaj Finance is set to raise up to ₹11,700 crore through a QIP and ₹5,800 crore through preferential warrant issues to Bajaj Finserv. This funding aims to strengthen its capital base, with transactions totaling ₹17,500 crore pending regulatory approvals.
Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand.
The confirmation comes after the Fed's inspector general report that said there were no grounds for a criminal referral over the mismanaged headquarters renovation.
Final jobs report before the midterm elections also shows the US unemployment rate rose slightly to 4.2% US employers added just 29,000 jobs in September, a sharp drop from last month’s gains, and unemployment rose slightly to 4.2%, a sign of a cooling labor market in…
Similarly in the first year, active small-cap funds generated returns of 3.6 per cent, while passive funds failed to deliver any gains registered a decline of 0.2 per cent…
Amazon has expanded its ultra-fast delivery service, Amazon Now, to more than 120 cities across India, doubling its footprint in two weeks as the e-commerce giant steps up its delivery network ahead of the festive season.
Mumbai's international airport will cut 265 weekly flights from October 25 as Terminal 1 undergoes redevelopment. The airport operator plans to allocate vacated international slots to domestic airlines transitioning from Terminal 1 to Terminal 2.
The investment blueprint spans sectors including energy, aviation and aero-districts, urban regeneration, data centres and coal gasification, Adani said at the launch of Invest Maharashtra in Mumbai on Friday.
The increased speed was successfully tested on Friday, with Vande Bharat Express Train No. 26401/26404 crossing the Chenab and Anji bridges at 100 kmph, according to the Railways…
A total of 19 LNG cargoes were shipped through the key waterway in September, made up of 13 from Qatar and six from the United Arab Emirates, S&P Global Energy said…
The company has issued such a directive for the first time and it comes as Indian unit Maruti Suzuki prepares to boost annual production to 4 million cars by 2030 from about 2.4 million…
The UNDP warned the next couple of months will be particularly important for governments that have deployed price caps, subsidies and tax rebates as oil near $100-a-barrel…
The latest exchange over Kaliningrad therefore reflects a broader security dilemma: NATO says its military exercises are intended to deter threats and protect its members, while Russia portrays the same activities as preparations for aggression against its territory.
As the 2026 US midterm elections approach, it's crucial for voters to mail their ballots ahead of time to avert potential complications. Remember, ballots must be postmarked by Election Day to be counted.
Christa Pike's execution in Tennessee was unsuccessful after she received two doses of pentobarbital. Despite being strapped to a gurney, she remained alive, eventually being hospitalised.
According to the Ukrainian president, the alleged change came as Russia intensified its aerial attacks on Kyiv and other Ukrainian cities, with strikes hitting schools, hospitals, data centres and other infrastructure.
Clayton already oversees 18 US intelligence agencies as the nation's top spy; his appointment would mark a shift from Trump's first AI czar, venture capitalist David Sacks…
Imagine the UK with a 20-year investment plan, with green homes and fast transport. We already have the tools to make it happen You’ve just left school. What’s your future?
U.S. stocks ended the week on an upswing after slowing jobs growth tempered expectations that the Federal Reserve will hike rates again later this month.
The owners of almost 30 Lukoil PJSC filling stations in Pennsylvania and New Jersey can proceed with a lawsuit accusing the Russian oil giant of overcharging franchisees.
Wall Street has spent weeks trying to make peace with the great bond selloff. Friday offered some short-lived relief — along with a warning about the damage from stubbornly high yields across investment strategies of all stripes.
The inquiry by the Commodity Futures Trading Commission centers on bets the former congressman made on Kalshi in the weeks before he was pardoned in January 2025.
The move followed reports detailing how A7, a Moscow firm, uses shell companies around the world to move funds for clients who are themselves subject to sanctions.
David Ellison, the tech scion who will run the combined company, borrowed the name of his original entertainment company that reflects his love of aviation. On Friday, the C.E.O.s of Warner Bros. were told they would not stay on once the companies merged.
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and Seagate currently enjoy.
Taxpayers with multiple GSTINs linked to the same PAN can select appeals involving an identical question of law pending before different benches and file a single transfer application.
Federal Reserve officials have gone quite a long way to offer strong signals into possible direction of interest rates despite chairman Kevin Warsh's strong reluctance to give any guidance whatsoever, and that has helped traders reassess their positions on the rate…
