Global oil demand set to recover strongly by October: IEA
Global oil demand is recovering from its May low and is expected to surpass 2025 levels by October, according to…
Category: Business
Indian stock markets post weekly losses despite Friday rally
Indian equity benchmarks ended the week with modest losses as rising West Asia tensions pushed crude oil prices higher. Strong…
India’s forex reserves jump $7.26 bn on gold, FCNR-B inflows
India’s foreign exchange reserves jumped by $7.26 billion to $674.19 billion in the week ended July 3, reversing the previous…
E20 may reduce mileage by 3–5 per cent in some vehicles, says Petroleum Ministry
The Petroleum Ministry said E20 petrol may lower fuel economy by 3–5 per cent in some vehicles but offers cleaner…
Rupee rises 14 paise to 95.33 against US dollar as crude, dollar weaken
The rupee appreciated 14 paise to close at 95.33 against the US dollar, supported by a weaker dollar index, easing…
World Bank approves financing for India’s solar rooftop programme
The World Bank has approved financing for India’s national solar rooftop programme, supporting the PM Surya Ghar: Muft Bijli Yojana.…
TCS shares jump over 4 per cent after strong June-quarter earnings
TCS shares climbed more than 4 per cent after the company reported a rise in June-quarter profit and expressed optimism…
India notifies tariff quota process for UK vehicle imports under FTA
India has notified the procedure for importers to claim tariff quota benefits on UK vehicle imports under the India-UK trade…
Rupee rises 15 paise against US dollar in early trade
The rupee appreciated 15 paise to 95.32 against the US dollar in early trade as the dollar weakened and crude…
Strait of Hormuz tensions unlikely to hit India’s crude supplies immediately
India’s crude oil imports remain largely insulated from Strait of Hormuz tensions due to diversified sourcing, a Kpler analyst said.…