India will continue to buy Russian oil despite Trump’s threats, government sources tell NYT
[ad_1] Representational image of a n Indian Oil fuel station in Sonipat. | Photo Credit: Reuters India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Government sources told The New York Times, not wishing to be identified due to the sensitivity of the matter. “These are long-term oil contracts,” one of the sources
ED arrests MD of Biswal Tradelink in fake bank guarantee case
[ad_1] Representational image of the Enforcement Directorate logo | Photo Credit: PTI The Enforcement Directorate (ED) has arrested Partha Sarathi Biswal, managing director of Biswal Tradelink Private Limited (BTPL), in connection with an alleged fake bank guarantee case. The arrest was made following searches in Bhubaneswar and Kolkata. The probe is based on a first information report registered by the
Trump’s tariff reset: From Canada to Laos, even dealmakers face higher costs as legal fight brews; US allies & rivals hit with steep import taxes
[ad_1] US President Donald Trump’s sweeping new tariff regime, set to take effect August 7, has triggered a wave of economic disruption across the globe, from low-income nations like Laos and Algeria to wealthy trade partners such as Canada and Switzerland.Under the new policy, countries face steep new import duties unless they agree to revised trade terms with the US.
“Market coupling in DAM segment of power exchanges may have little benefit”
[ad_1] The Central Electricity Regulatory Commission’s (CERC) proposed implementation of market coupling in Day Ahead Market (DAM) segment of power exchanges from January 2026 may have little benefit for the power sector and is contrary to the findings of the pilot study conducted by Grid Controller of India, according to industry officials and analysts. They said the marginal improvements do
Berkshire Hathaway Q2 results: Warren Buffett’s company profit halves after $3.76bn Kraft Heinz writedown; Q2 net slips to $12.37bn from $30.25bn YoY
[ad_1] Warren Buffett’s Berkshire Hathaway reported a sharp 59% drop in second-quarter profit to $12.37 billion, hit by a $3.76 billion writedown on its investment in Kraft Heinz as the food company reconsiders undoing its 2015 merger.The company earned $8,601 per Class A share in the June quarter, down from $21,122 per share, or $30.25 billion, in the same period
Amid Trump tariff threat, PM Modi pledges to protect farmers, MSMEs & youth | Lucknow News
[ad_1] VARANASI: Amid the tariff stalemate with the USA, Prime Minister Narendra Modi on Saturday sent a strong message to the world that protecting India’s economic interest was paramount.Speaking in his parliamentary constituency on Saturday, the PM emphasised that the “top priority of the government remains the welfare of farmers, small industries and employment for youth.” He reaffirmed the resilience
Over 3 lakh people pledge their organs, a milestone in public participation, says Union Health Minister
[ad_1] More than 3.30 lakh citizens have pledged their organs, since launch of the Aadhar-based NOTTO online pledge website in 2023, and this marks a historic moment in public participation in organ donation, said Union Health Minister JP Nadda, on organ donation day. India performed over 18,900 organ transplants in 2024, the highest ever recorded in a single year, a
City of Dreams launches in Colombo: South Asia’s first integrated luxury resort
[ad_1] City of Dreams, spread over 4.5 million sq ft, comprises 800 rooms and suites (a 687-room luxury hotel ‘Cinnamon Life’ and a 113-room, ultra-luxury hotel under Melco’s ‘Nüwa’ brand) Luxury has got a new name and address in Colombo: City of Dreams. Located in the heart of the Sri Lankan capital and overlooking the Indian Ocean, it comprises a
See inside JFK airport’s new $9.5 billion international terminal
[ad_1] The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The terminal, which will be JFK’s largest, is now
Restaurants add spicy menu items in a bid for younger diners
[ad_1] Chipotle Mexican Grill’s new Adobo Ranch dip Source: Chipotle Mexican Grill Restaurant brands are hoping hot new menu items will drive visits among younger customers. Hot, in this case, is literal. Spicy items like chicken sandwiches, seasoned sides and sauces are cropping up more often on menus at major fast-casual and quick-service chains. The idea is to introduce easy-to-execute
Naidu credits ₹7,000 to 47 lakh farmers under ₹3,174 cr ‘Annadatha Sukhibhava’ scheme
[ad_1] Andhra Pradesh Chief Minister N Chandrababu Naidu The Andhra Pradesh government-led by Chief Minister N Chandrababu Naidu on Saturday deposited Rs 7,000 each to 47 lakh farmers as part of the ‘Annadatha Sukhibhava’ scheme, which offers Rs 20,000 financial aid to farmers per annum. Launching the Rs 3,174 crore statewide initiative, the CM handed over a cheque to two
Food sector has huge growth potential in eastern India, say industry leaders
[ad_1] International Kolkata Foodtech 2025 The food industry has huge growth potential in eastern India, industry leaders said on Saturday, noting the existing challenges in the region. Speaking at the inaugural session of International Kolkata Foodtech 2025, they said that while the east leads in the bakery segment, it continues to lag in the ice cream category. Dream Bake CEO
Simandhar Education, Becker team up for CPA, CMA exam courses
[ad_1] Simandhar Education has entered into an exclusive partnership with Becker Professional Education, a global player in accounting exam review and continuing professional education, to deliver Becker’s Certified Public Accountant (CPA) and Certified Management Accountant (CMA) Exam Review courses. The US CPA and US CMA are globally respected accounting credentials, increasingly preferred by Indian learners aiming for international careers. The
‘Anyone who attacks India will not be spared even in Pataal Lok’: PM Modi’s stern warning to Pakistan
[ad_1] Prime Minister Narendra Modi on Saturday issued a stern warning to Pakistan, asserting that India would not spare anyone who dares to attack it — not even if they are hiding in “Pataal Lok”. Addressing a massive public rally in his parliamentary constituency Varanasi, PM Modi invoked the divine wrath of Lord Shiva to symbolise India’s military might, especially
UP: PM Modi inaugurates, lays foundation stone of projects worth Rs 2,200 crore in Varanasi
[ad_1] Prime Minister Narendra Modi on Saturday inaugurated and laid foundation stones for a wide range of development projects worth approximately Rs 2,200 crore in Uttar Pradesh’s Varanasi.In a significant push towards development in his parliamentary constituency, PM Modi also released the 20th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. Under this instalment, Rs 21,000 crore will
Volvo India’s gear shift: Changes EV-only plan; ICE models to stay amid slow uptake | India Business News
[ad_1] Volvo Cars India has revised its earlier strategy of transitioning to an all-electric portfolio, opting instead to continue selling both electric and internal combustion engine (ICE) vehicles in the country. Electric vehicles currently account for around 25% of Volvo’s sales in India. However, the market for premium battery electric vehicles (BEVs) remains small, although the company notes signs of
All about India-U.S. trade: Infographics
[ad_1] Prime Minister Narendra Modi and US President Donald Trump deliver a joint press statement after their meeting at the White House, in Washington, DC on Feb. 13, 2025. | Photo Credit: ANI U.S. President Donald Trump on Thursday (July 31, 2025) announced a 25% tariff on Indian imports into the U.S., effective August 1, following a 90-day pause in
Indian oil refiners continue to source oil from Russia
[ad_1] Russian oil has never been sanctioned; instead, it was subjected to a G7/EU price-cap mechanism designed to limit revenue while ensuring global supplies continued to flow. Indian oil refiners continue to source oil from Russian suppliers, sources told ANI. Their supply decisions are guided by price, grade of crude, inventories, logistics and other economic factors, the sources revealed. Providing
Reddit surges as AI-driven ad strategy wins praise from Wall Street
[ad_1] If gains hold, Reddit is set to add more than $4 billion to its market cap [File] | Photo Credit: REUTERS Reddit’s shares surged 15% on Friday after it reported quarterly results that exceeded Street expectations, boosting investor confidence in the platform’s AI-based advertising tools and strong user engagement. The company has also posted a rosy forecast that comes
Supreme Court issues notice to states on plea seeking ban on betting apps
[ad_1] The Supreme Court on Friday issued notices to all state governments in response to a Public Interest Litigation (PIL) demanding strict regulation of online and offline betting applications. A bench comprising Justice Surya Kant and Justice Joymalya Bagchi also sought responses from Google India, TRAI, Apple India, Dream11 Fantasy, Mobile Premier League, A23 Games, and other stakeholders named in
Figma extends gains after blockbuster NYSE trading debut
[ad_1] Bankers typically target a first-day rise of 10% to 20% to balance strong demand with optimal fundraising [File] | Photo Credit: REUTERS Design software maker Figma’s shares surged another 20% in morning trading on Friday, extending strong debut-day gains after a blowout U.S. initial public offering that has reignited the tech listing market. The San Francisco, California-based company’s shares
Wall Street falls the most since May after employers slash hiring and tariffs roll out
[ad_1] U.S. stocks slumped on Friday (August 1, 2025), and the S&P suffered its biggest daily percentage decline in more than two months as new U.S. tariffs on dozens of trading partners and a surprisingly weak jobs report spurred selling pressure. Also weighing on equities was an 8.3% tumble in Amazon.com shares after the company posted quarterly results but failed
Tesla ordered by Florida jury to pay $243 million in fatal Autopilot crash
[ad_1] A Florida jury on Friday found Tesla liable to pay $243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model S, a verdict that could encourage more legal action against Elon Musk’s electric vehicle company. The verdict is a rare win for victims of accidents involving Autopilot. Mr. Musk has been pushing to rapidly expand Tesla’s
Adriana Kugler resigns from Fed, opening door for Trump to shape central bank
[ad_1] Federal Reserve Governor Adriana Kugler | Photo Credit: KYLIE COOPER/Reuters The Federal Reserve announced Friday that governor Adriana Kugler will step down next week, opening up a spot on the central bank’s powerful board that President Donald Trump will be able to fill. Kugler, who did not participate in the Fed’s policy meeting earlier this week, would have completed
‘Heard India not going to buy Russian oil,’ claims Donald Trump; calls it ‘good step’ – watch
[ad_1] US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no longer going to be buying oil from Russia. That’s what I heard, I don’t know if that’s right or not. That is a good step. We will see what