BUSINESS

India may lose $11 bn if forced to cut Russian oil amid US sanctions

India may lose $11 bn if forced to cut Russian oil amid US sanctions

India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude.…
RBI may cut repo rate by 25 bps in August MPC meet: SBI Research

RBI may cut repo rate by 25 bps in August MPC meet: SBI Research

SBI Research expects the RBI to cut the repo rate by 25 basis points in August, citing soft inflation, early…
No pause on Russian oil imports, say govt sources after Trump’s claim

No pause on Russian oil imports, say govt sources after Trump’s claim

Indian government sources clarified on Saturday that there is no pause in Russian oil imports, countering President Trump’s claim. They…
RBI likely to hold repo rate steady in August MPC meet: HSBC report

RBI likely to hold repo rate steady in August MPC meet: HSBC report

The Reserve Bank of India is expected to maintain the status quo on repo rates in the August 6 MPC…
Reliance Power, Infra hit lower circuit as ED summons Anil Ambani in money laundering case

Reliance Power, Infra hit lower circuit as ED summons Anil Ambani in money laundering case

Shares of Reliance Power and Reliance Infrastructure hit their lower circuit limits after the ED summoned Chairman Anil Ambani in…
NSDL IPO subscribed 15x on final day; NIIs lead the charge

NSDL IPO subscribed 15x on final day; NIIs lead the charge

NSDL’s IPO was oversubscribed 15 times on the final day, driven by strong interest from NIIs and retail investors. The…
Gold falls Rs 400 to Rs 97,620 per 10g; silver drops Rs 2,500 amid global cues

Gold falls Rs 400 to Rs 97,620 per 10g; silver drops Rs 2,500 amid global cues

Gold prices dipped Rs 400 to Rs 97,620 per 10 grams in Delhi, tracking weak global cues and persistent selling…
Manish Tewari alleges “disaster” in Air India’s management, calls for government takeover

Manish Tewari alleges “disaster” in Air India’s management, calls for government takeover

Congress MP Manish Tewari has called for the government to take back Air India from the Tata Group, citing poor…
Financial turbulence for Ola electric as sales drop by 57 per cent

Financial turbulence for Ola electric as sales drop by 57 per cent

Amid stiff competition and user complaints, the company’s stock price and market capitalisation have also plummeted. The firm reported a…
Tata Motors sales dip in July

Tata Motors sales dip in July

Wholesales decline 4 per cent year-on-year, driven by a slump in passenger vehicle dispatches; commercial vehicle sales show a 7per…
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