Why is Russia with all its oil supply and refining infrastructure importing gasoline from India? (Image for representative purpose only) The irony in Russia’s latest oil trade is hard to miss. A country that has long been a major exporter of not just crude oil, but also refined petroleum products, is now importing gasoline from…
The father and nominee of the deceased son, approached the consumer commission after LIC refused to honour a life insurance claim. Your child takes life insurance, and after his death the insurer denies the claim on the basis that your son hid a pre-existing condition. What happens then?In one such case, the District Consumer Disputes…
Nvidia’s growth outlook remains closely tied to the global AI infrastructure boom. (Reuters) Nvidia has increased its share buyback authorisation by a record $150 billion, taking its total remaining repurchase capacity to $235 billion as the chipmaker bets on continued demand for artificial intelligence hardware amid intensifying competition.The increase surpasses Apple’s $110 billion buyback authorisation…
Gadkari described the 630-km corridor as the “lifeline” of the North East. (Image for representative purpose only) High-speed highway connectivity is in the works for the North-East connecting it to Uttar Pradesh in the future. Road transport and highways minister Nitin Gadkari on Monday said that the government will soon take up construction of a…
The zero-duty framework covers medicines and related products used for rare diseases. US has exempted select speciality medicines and related components from import duties for India and 19 other partner jurisdictions, offering potential relief to parts of the pharmaceutical industry.The exemption comes as Washington moves ahead with a 100% tariff on certain patented pharmaceutical products….
Investors remained cautious as higher crude oil prices, rising bond yields and several other concerns continued to weigh on sentiment. Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmarks, extended their decline on Tuesday, crashing over 0.8% after the rout on Monday. Investors remained cautious as higher crude oil prices, rising bond…
IIP surges 8% in August, nearly doubles year-ago growth on manufacturing, power boost NEW DELHI: Industrial production rose 8% in Aug as against 4.7% expansion recorded a year ago, on account of robust growth in manufacturing and electricity sectors.Sequentially also, industrial production witnessed acceleration from an upward revised figure of 7.4% in July, latest data…
UAE investors plan fresh $25 billion India bet, aim to take total to $100 billion: Goyal MUMBAI: Union minister of commerce Piyush Goyal said UAE investors have expressed intent to invest another $25 billion, on the back of $25 billion already invested, with an eventual objective of taking investments in India to $100 billion.Citing the…
Piyush Goyal to meet US counterparts on trade deal during G20 visit NEW DELHI: Commerce and industry minister Piyush Goyal, who will visit the US for the meeting of G20 trade ministers, will meet his American counterparts to discuss the bilateral trade deal.The two sides have been engaged on the issue but a final outcome…
Global economic turmoil and geopolitical uncertainty are weighing heavily on investor’ sentiment. Stock market crash today: The stock market is bleeding badly and today’s crash has taken the 30-share index, BSE Sensex, to a six-month low! Indian equity benchmarks have not been hitting new highs for two years now, but the latest bloodbath suggests that…
