US stocks hit new peaks (AP) US stocks advanced on Monday, pushing further into record territory ahead of a week filled with major market-moving events—including a Federal Reserve policy decision and a highly anticipated meeting between US President Donald Trump and Chinese leader Xi Jinping.By mid-morning, the S&P 500 was up 0.9%, the Dow Jones…
NEW DELHI: India’s largest oil refiner and fuel retailer, IndianOil, on Monday said it will comply with international sanctions, without referring to the latest US curbs on Rosneft and Lukoil — two of the largest Russian crude exporters.“We will abide by all sanctions imposed by the international community,” company chairman Arvinder Singh Sahney said but…
US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) NEW DELHI: India’s oil imports from the US has risen to their highest level since 2022 in October, underlining bargain hunting by Indian refiners rather than a structural shift amid Washington’s onslaught against New Delhi over purchase…
In a move aimed at reviving interest in India’s public debt market, the Securities and Exchange Board of India (Sebi) on Monday proposed allowing debt issuers to offer special incentives to select investor categories, including senior citizens, women, armed forces personnel, and retail subscribers.The proposal seeks to encourage greater retail participation in bond issuances, which…
Silver prices fell sharply on Monday as hopes of a US-China trade deal and a stronger dollar reduced demand for safe-haven metals.On the Multi Commodity Exchange (MCX), silver futures for December delivery dropped by Rs 1,964, or 1.33 per cent, to Rs 1,45,506 per kilogram in a business turnover of 20,367 lots. The white metal…
NEW DELHI: The Supreme Court’s ruling on the telecom AGR matter empowers the Union Cabinet to review the entire gamut of issues related to the recovery of thousands of crores of rupees from the beleaguered Vodafone Idea when it comes to demands of duplicate payments, double counting, interest, and penalty on interest. Estimates put the…
India’s rare earth push hits new roadblocks (ANI) India’s Rs 7,300 crore plan to boost domestic production of rare earth minerals and magnets could face serious setbacks after China tightened export controls on key machinery and materials used in their processing. The new restrictions threaten to slow India’s drive for self-reliance in producing components that…
The European Union’s latest package of sanctions on Russia has opened new avenues for Indian businesses to expand trade with Moscow, according to the Moscow-based Indian Business Alliance (IBA).On October 23, the Council of the European Union adopted its 19th round of restrictive measures targeting key Russian sectors—including energy, finance, and defense — in response…
NEW DELHI: Consumer affairs department, in a draft notification, has proposed that every e-commerce company selling imported products must provide a “searchable and sortable filter” for “country of origin” with their product listings. This proposed change in the Legal Metrology Rules is aimed at helping consumers make quick choices as per their preference.TOI on July…
NEW DELHI: The National Highways Authority of India (NHAI) has saved over Rs 2,000 crore by taking systemic measures, including timely bid out of contracts, eliminating three-month short-term contracts and doing away with provision that gave ‘windfall’ gain, to reduce what it pays as a charge to private toll collection agencies for carrying out this…
