Oil prices rose more than 2% on Monday as fresh Houthi attacks on Saudi Arabia and Iranian strikes on vessels in the Gulf added to supply concerns following the shutdown of a key Saudi oil pipeline.Brent crude futures rose $2.90, or 2.77%, to $107.51 a barrel by 2313 GMT. US West Texas Intermediate (WTI) crude…
NEW DELHI: Alternative-fuel vehicles may have overtaken petrol cars in India-but only if hybrids are counted as alternatives. FADA’s Aug registration data showed petrol’s share of passenger-vehicle retail declining to 40.8%, while CNG, electric and hybrid vehicles together reached 41.9%.The crossover appeared to mark a significant change in India’s fuel mix, with alternatives moving ahead…
MUMBAI: Nine Tata companies – seven listed, two unlisted – hold 12.8% of Tata Sons. The seven listed companies alone account for 11.9%. They have held these stakes (see chart), treated as dead capital, for three decades, with no exit and no public valuation. That changes if Tata Sons lists in compliance with Reserve Bank…
NEW DELHI: As Russian refineries came under attack from Ukraine, damaging energy infrastructure and crippling domestic fuel supplies, Moscow imported a record 172,000 tonnes of oil products in Aug, with nearly 70% of it coming from India, Centre for Research on Energy and Clean Air (CREA) has said in its monthly report.India, however, remained the…
Bank holiday on September 14 Planning to visit a bank as the week begins? You might want to reschedule, with banks across various parts of the country set to remain shut on September 14 for Ganesh Chaturthi, which celebrates the birth of Lord Ganesha.However, the September 14 closure is state-specific, so bank branches will not…
Gold and silver prices are likely to stay volatile (representative image) Gold and silver prices are likely to remain volatile next week, with the US Federal Reserve’s interest rate decision, crude oil movements, the US dollar and developments in the US-Iran conflict expected to drive market sentiment, analysts said.The September 15-16 meeting of the Federal…
Stock market holiday on September 14 Ganesh Chaturthi is falling on Monday, September 14 and investors are wondering whether the festival will affect trading in the stock and commodity markets.NSE and BSE follow their own trading holiday calendars, which are separate from holidays observed by banks and government offices. According to the 2026 exchange calendar,…
India’s semiconductor sector gathers pace with $701 million raised since 2025 (representative image) India’s semiconductor sector has attracted $1.4 billion in cumulative equity funding across 281 funded companies, with nearly half of the amount raised since 2025, according to Tracxn data cited by PTI.The sector raised $701 million since 2025, including $228 million in 2026…
What will set the tone for Dalal Street this week? With only four trading sessions, investors will be watching a clutch of key triggers, the US Federal Reserve’s interest rate decision, domestic inflation data, crude oil prices and developments in the Middle East for cues on the market’s next move, analysts said.Markets will be closed…
MUMBAI: Whether AI will get us all killed by the end of the decade is still a matter of debate, but funding into artificial intelligence continues to soar.In fact, it is only getting bigger. Global AI funding touched a whopping $226 billion in the March quarter this year. That’s almost 80% of all global equity…
