Hardeep Singh Puri says India can secure oil even if Russian imports are sanctioned
[ad_1] Union Minister for Petroleum and Natural Gas Hardeep Singh Puri at an event in New Delhi, on July 17, 2025. | Photo Credit: PTI India is confident of meeting its oil needs from alternative sources if Russian supplies are hit by secondary sanctions, Oil Minister Hardeep Singh Puri said on Thursday (July 17, 2025). Earlier this week, U.S. President
Markets trade lower after firm start, fresh foreign fund outflows dent sentiment
[ad_1] From the Sensex firms, Sun Pharma, Tata Motors, Kotak Mahindra Bank, Trent, NTPC and Bharat Electronics were among the gainers. Equity benchmark indices Sensex and Nifty started the day on a firm note on Thursday (July 17, 2025) but later faced selling pressure, with investors remaining in a wait-and-watch mode, as hopes are pinned on a favourable outcome from
China-linked hackers target Taiwan’s chip industry with increasing attacks, researchers say
[ad_1] A spokesperson for the Chinese embassy in Washington told Reuters in an email that cyber attacks “are a common threat faced by all countries” [File] | Photo Credit: REUTERS Chinese-linked hackers are targeting the Taiwanese semiconductor industry and investment analysts as part of a string of cyber espionage campaigns, researchers said on Wednesday. While hacking to steal data and
Rupee rises 12 paise to 85.80 against U.S. dollar in early trade
[ad_1] Image for representational purposes only. | Photo Credit: Getty Images The rupee rose 12 paise to 85.80 against the U.S. dollar in early trade on Thursday (July 17, 2025) amid a drop in global crude oil prices and a hope of a breakthrough in the ongoing India-U.S. trade talks. However, a strengthening dollar against overseas currencies and FII outflows
India seeks lower tariff than Indonesia in race for deal with US
[ad_1] India is seeking more favorable rates than Indonesia and the 20% tariff Trump has said he’ll impose on Vietnam | Photo Credit: Kagenmi Indian officials are hoping to secure a trade deal with US President Donald Trump at a lower tariff rate than he’d agreed with Indonesia as New Delhi races to meet an Aug. 1 deadline. Trump said
Battery loans: New age EV financiers charge up
[ad_1] BENGALURU: A new wave of startups and financiers is reshaping how electric commercial vehicles (EVs) are funded in India, as early signs of scale emerge in a segment once seen as too niche or risky for institutional capital.From battery subscription models to flexible EMIs and first-loss guarantee partnerships, lenders are adapting financing structures to match the economics of EVs
SBI to issue up to ₹20,000 crore bonds to domestic investors
[ad_1] Shares of the country’s largest bank were trading at ₹831, up 1.74% over the previous close on the Bombay Stock Exchange. File | Photo Credit: Reuters Country’s largest bank State Bank of India (SBI), on Wednesday (July 16, 2025), said it will raise up to ₹20,000 crore via the issue of bonds to domestic investors in the current fiscal year.
JPMorgan CEO Jamie Dimon has a clear message for Donald Trump: ‘Playing with Fed can…’; warns of tariff impact
[ad_1] JPMorgan Chase CEO Jamie Dimon appeared to be delivering a message to Donald Trump regarding the US President’s pressure campaign on the Federal Reserve, defending the central bank’s independence and cautioning against policy interference.“The independence of the Fed is absolutely critical,” Dimon said on the bank’s second-quarter earnings call, “and not just for the current Fed chairman, who I
Parliamentary panel clears Income Tax Bill 2025 with 285 suggestions, to be tabled in Monsoon Session
[ad_1] The committee, headed by senior BJP MP Baijayant Panda, is likely to submit the report in the upcoming Monsoon Session of Parliament. File | Photo Credit: PTI The Select Committee of Parliament that examines the Income Tax Bill-2025 is learnt to have finalised its report on Wednesday (July 16, 2025) with about 285 suggestions to change the legislation. The
CavinKare’s Meera launches rice kanji shampoo to keep hair smooth and shiny
[ad_1] Rajat Nanda, Business Head- Personal Care, Cavinkare, at the launch of Meera Rice Kanji ( Porridge) Shampoo in Chennai. | Photo Credit: BIJOY GHOSH Chennai-based FMCG major CavinKare continued the use of traditional ingredients for its Meera shampoo. The latest is Meera rice kanji (Rice Porridge) and aloe vera combination shampoo to make hair smooth and keep it shiny.
Mamata Banerjee warns BJP of ‘dire consequences’ if it does not stop its ‘policy of harassing’ Bengali-speaking people
[ad_1] West Bengal Chief Minister Mamata Banerjee hit the streets in Kolkata against the targeting of Bengali migrants in BJP-ruled States | Photo Credit: DEBASISH BHADURI Lashing out at the Bharatiya Janata Party-led Centre for its “policy of harassing” Bengali-speaking people across the country, West Bengal Chief Minister Mamata Banerjee on Wednesday warned the BJP of dire political consequences if
US inflation trend: Producer prices remain flat in June; tariff effects may hit harder from August
[ad_1] Wholesale inflation in the US showed no increase in June, indicating continued restraint on upstream price pressures despite mounting concerns over President Donald Trump’s sweeping tariffs, according to fresh data from the Labor Department.The producer price index (PPI), which tracks prices before they reach consumers, was flat in June compared to the previous month, following a 0.3% uptick in
Blame game on pilots? After AAIB preliminary report, experts warn against rushing to conclusions
[ad_1] AAIB Preliminary Report: In the wee hours of Saturday, July 12, the Aircraft Accident Investigation Bureau (AAIB) quietly released its preliminary findings into the tragic crash of Air India Flight AI-171 in Ahmedabad. While the 15-page document met the 30-day international reporting mandate, it did little to assuage growing unease within aviation circles. The fatal June 12 crash of
Government to introduce New MRP Formula for transparent pricing
[ad_1] The government is set to unveil a new formula for calculating Maximum Retail Price (MRP) to ensure transparency and fairness in the price structure. The action will put an end to the misleading discounts and ease the burden on consumers. The new formula will emphasise working costs and a reasonable margin of profit, not price control. Soon, the government
Cabinet eases investment rules for NLCIL to fast-track green energy drive
[ad_1] The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved a special exemption for NLC India Limited (NLCIL) from the prevailing investment guidelines applicable to Navratna Central Public Sector Enterprises. This strategic decision enables NLCIL to invest Rs.7,000 crore in its wholly-owned subsidiary, NLC India Renewables Limited (NIRL) and, in turn, NIRL investing
EV trajectory: Electric car sales may cross 7% penetration by FY28, says CareEdge report; hinges on rare earth supply, infrastructure
[ad_1] Electric car sales in India are projected to cross 7% of total car sales by FY28, provided supply chain disruptions in rare earth elements (REEs) are resolved in a timely manner, according to a report by CareEdge Advisory. The projection is backed by an accelerating pipeline of new model launches, expanding charging infrastructure, and battery localisation efforts under the
India-US energy ties: GAIL eyes deal with Donald Trump championed Alaska LNG project; New Delhi’s push to import natural gas
[ad_1] State-owned gas utility GAIL Ltd has entered initial discussions to import liquefied natural gas (LNG) from the proposed Alaska LNG project.India is in talks with energy developer Glenfarne as it looks to boost energy imports from the United States. The move is aimed at reducing its trade surplus with Washington and is part of a wider effort to strike
Rupee falls 22 paise to 85.98 against U.S. dollar in early trade
[ad_1] At the interbank foreign exchange, the rupee opened at 86.02 against the dollar before inching up to 85.98, down 22 paise from its previous close. File. | Photo Credit: Reuters The rupee declined 22 paise to 85.98 against the U.S. dollar in early trade on Wednesday (July 16, 2025) amid a rise in global crude oil prices and a
Mira Murati’s AI startup Thinking Machines valued at $12 billion in early-stage funding
[ad_1] The massive funding round for a company launched only in February, with no revenue or products yet [File] | Photo Credit: AP Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, said on Tuesday it has raised about $2 billion at a valuation of $12 billion in a funding round led by venture capital
Donald Trump announces new deal! Indonesia faces reduced 19% tariff rate; to buy $15 billion in US energy, 50 Boeing jets & more
[ad_1] File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Tuesday declared a sweeping new trade deal with Indonesia, dramatically slashing tariffs on its exports to 19 per cent, down from the previously threatened 32 per cent, while unlocking full market access for American goods in the Southeast Asian nation.Announcing the agreement on Truth Social,
IRDAI forms panels to probe violations
[ad_1] The Insurance Regulatory and Development Authority of India (IRDAI) has constituted panels of its whole-time members to decide on the violations by certain insurers/insurance intermediaries. The move is part of the enforcement function, specifically to decide on the violations of the provisions of the Insurance Act and regulations, the regulator said on the July 14 meeting of the Authority
ICICI Lombard, ICICI Prudential and HDFC Life announce Q1 results
[ad_1] ICICI Lombard Life Insurance profit after tax (PAT) increased 28.7% to ₹747 crore on increase in gross direct premiums in Q1 of FY26. GDPI increased 0.6% to ₹7,735 crore in the period under review. ICICI Prudential Life insurance’s PAT came in at ₹302 crore, a 34.2% growth in the quarter under review, as against the same period last year.
Apple to buy rare earths from Pentagon-backed US producer MP
[ad_1] Apple Inc. has struck a $500 million deal to buy rare-earth minerals from MP Materials Corp., the US producer that just last week secured backing from the Pentagon. The two companies will build a factory in Texas, with neodymium magnet manufacturing lines tailored for Apple products, the iPhone maker said Tuesday in a statement. Apple said the spending on
The wait is over. Model Y from Tesla finally powers up for Indian roads
[ad_1] Tesla Regional Director Isabel Fan with the company’s Model Y at its newly-inaugurated showroom, at Bandra Kurla Complex (BKC), in Mumbai, on Tuesday | Photo Credit: SHASHANK PARADE Nine years after Elon Musk first announced Tesla’s entry into India, it finally launched its first electric vehicle, the Model Y, in India on Tuesday carrying a hefty starting price tag
Aurobindo, Cipla, Viatris to make, market long-acting injectable HIV drug
[ad_1] Generic drugmakers Aurobindo Pharma, Cipla and Viatris will develop, manufacture and supply long-acting injectable cabotegravir (CAB LA) for HIV treatment in 133 countries. This follows ViiV Healthcare, a company focused on HIV medicines and majority owned by GSK with Pfizer and Shionogi as shareholders, and Medicines Patent Pool (MPP) extending their voluntary licensing agreement to enable access to long-acting