As the world continues to feel the heat of the ongoing crisis in the Middle East, India’s refiners have swiftly secured enough crude oil and LPG supplies to last till the upcoming weeks.According to sources cited by Reuters, Indian refiners have built up sufficient crude inventories to meet demand through at least August. On the…
India and UAE are also evaluating multiple storage arrangements, including commercial models. (AI image) India and the UAE are looking to expedite work on building 30 million barrels of strategic oil reserves. The move comes within weeks of PM Narendra Modi’s visit to UAE where MOUs for this were signed. India, the world’s third-largest consumer…
The 152,000 zone is shaping up as a strong resistance area. (AI image) Gold and silver price prediction today: Gold prices are seeing a bearish structure with the downtrend in place. Silver prices are trading cautiously, though with a negative bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold…
Form 26AS and AIS are consolidated tax statements available through a taxpayer’s e-filing account. (AI image) ITR filing FY 2025-26: Form 26AS, Annual Information Statement (AIS), Form 16 are some of the most important documents that salaried taxpayers should keep handy and cross-check before filing their income tax return.First, let’s understand what Form 26AS is…
US inflation rises to highest level in nearly 3 years The consumer price index increased 4.2% in the 12 months through May, boosted by surging prices for energy products amid the West Asia conflict, and giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027. This was the largest gain since…
MUMBAI: Banks have begun passing on benefits from the Reserve Bank of India’s free hedging window to non-resident customers, pushing up Foreign Currency Non-Resident (Bank) deposit rates and, in the process, reopening a tidy arbitrage between offshore borrowing costs and onshore returns.Meta taps RIL for AI data centre capacityMeta taps RIL for AI data centre…
NEW DELHI: Meta has signed its first artificial intelligence data centre deal in India, partnering with Reliance Industries on a 168-megawatt facility in Jamnagar, Gujarat, as technology companies race to secure the computing infrastructure needed to power AI applications.The agreement deepens a relationship that began with Meta’s $5.7 billion investment in Jio Platforms in 2020…
Top stocks to buy today (AI image) Top stock market recommendations: Bank of India, and Gail (India) Ltd have been recommended as buy calls, whereas Bajaj Auto is a sell recommendation by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth Management for June 11, 2026. He has also shared his views…
MUMBAI: The Fifa World Cup is here and Indian brands are all set to tap into the global soccer showpiece to gain a share of consumers’ mindspace.The tournament’s viewership tends to extend beyond hardcore football enthusiasts, and so for companies, the opportunity is not just limited to advertising and sponsorships.Marketers said there is a lot…
NEW DELHI: India on Wednesday rejected allegations of surplus capacity in the textiles and steel sectors, saying that per capita consumption of these products in the country remains among the lowest in the world.The remarks assume significance as USTR launched a probe regarding the acts, policies, and practices of 16 economies, including India, under Section…