GIFT City is also witnessing growing activity as an increasing number of fintech firms seek licences there to broaden their participation in cross-border financial transactions. (AI image) Looking to invest in US stocks? Leading Indian new-age brokerages, including Groww, Zerodha, Angel One and Upstox, are expanding into overseas equity investing after obtaining licences from the…
If refiners are ultimately required to raise their stock levels to cover about 30 days of national consumption, they would collectively need to maintain around 150 million barrels of crude oil. (AI image) Drawing lessons from China, India may look to push its domestic refiners to increase the stockpile of crude inventories with energy security…
Rupee began Wednesday on a strong note, rising over 30 paise against US dollar, extending its recent recovery as easing crude oil prices and a softer dollar index lifted sentiment. At the interbank foreign exchange, the currency rose 31 paise to touch 94.29 against the greenback. It opened at 94.46 and later climbed to 94.29,…
Middle East crisis choked one of the world’s busiest oil pipelines for over 100 days, sending ripples to economies across the globe. As energy shipments fell, many players opted for a range of tactics to keep the shipments flowing. The US adopted Iran’s playbook. Using a method long associated with Iran’s sanctions-busting efforts, the United…
“Indian equity markets are expected to open on a mildly positive note, with Gift Nifty trading at 24,015, up by 21 points. Asian markets are witnessing mixed trade after a subdued overnight session on Wall Street, where the Nasdaq Composite and S&P 500 ended lower amid weakness in technology stocks, while the Dow Jones Industrial…
Jewar’s Noida International Airport (NIA) is set to handle its first cargo flight on Wednesday, with the aircraft scheduled to depart on a domestic route. The development comes just days after the airport began commercial passenger operations, marking another key step in its growth as an aviation and cargo hub for northern India. The airport…
Gold prices edged lower in the national capital on Tuesday, while silver held steady as buying activity remained muted in the domestic market.Traders said gold of 99.9% purity declined by Rs 200 to Rs 1,59,200 per 10 grams, inclusive of taxes, compared with its previous close of Rs 1,59,400 per 10 grams. Silver prices, meanwhile,…
After repeatedly soaring beyond the $100 per barrel mark amid the Middle East conflict, oil prices have finally begun to cool down, inching near the $70 levels seen before the conflict. This is the first time crude has tumbled below $80 since early March as hopes surrounding a potential US-Iran agreement lifted sentiments. Around 7…
MUMBAI: An uptick in inflation is starting to “take a toll” on consumers who are increasingly becoming more mindful in terms of spending, Procter & Gamble (P&G) India said on Tuesday, projecting short-term headwinds to growth amid macro-economic risks. “Inflation is all around us, across food, energy, healthcare and so many more areas of everyday…
NEW DELHI: CERT-In has issued new cybersecurity guidelines that will require technology vendors to adopt AI-assisted security testing, disclose critical vulnerabilities immediately and significantly accelerate patch deployment across India’s digital ecosystem.The framework applies to OEMs, software vendors, cloud service providers, managed service providers and other technology suppliers operating in the country. The move comes as…