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New Delhi, March 31 (PTI): India's first Iranian crude oil cargo since 2019 may be headed towards a port in Gujarat, according to ship tracking data. Indian refiners have been looking to purchase a few cargoes of Iranian oil on water following the recent sanctions waiver by Washington. "The Indo-Iranian oil trade has flickered back to life. Following the US administration's decision to grant a 30-day window for Iranian oil "on the water" due to regional conflict, the vessel Ping Shun is now en ...Read More >
New Delhi: Get ready to pay more for new cars. Come Wednesday, prices of some brands will go up as concerns around supply chain and expensive input costs will see companies raise retail prices. Those looking to immediately raise retail prices include mainstream brands such as Tata Motors and JSW MG, while the luxury brigade of BMW, Audi and Mercedes-Benz will also increase prices, especially as they also factor in the impact of rupee depreciation against the Euro. It is yet not clear whether top ...Read More >
The effective closure from the Iran war of the Strait of Hormuz -- the critical chokepoint for roughly 20% of the world's oil and liquefied natural gas -- is in its fifth week with no clear signs of resolving. For Asia, which buys more than 80% of the crude and LNG that flows through the narrow waterway, the consequences have been swift: severe fuel shortages, export bans, and government budgets stretched to the breaking point. The crisis is forcing Asia to look both backward and forward simult ...Read More >
Mumbai, Mar 13 (PTI) India's forex reserves dropped by USD 11.683 billion to USD 716.810 billion during the week ended March 6, the RBI said on Friday. In the previous reporting week, the overall reserves had increased by USD 4.885 billion to an all-time high of USD 728.494 billion. For the week ended March 6, foreign currency assets, a major component of the reserves, decreased by USD 9.880 billion to USD 563.245 billion, according to data released by the central bank. Expressed in dollar te ...Read More >
The European Union and India are set to announce a landmark trade deal after nearly two decades of on-off talks, as both sides aim to deepen ties amid tensions with the US. India's Commerce Secretary Rajesh Agarwal said on Monday that negotiations had been wrapped up and the deal finalised. European Commission President Ursula von der Leyen and European Council President António Luís Santos da Costa are in Delhi, where the announcement is expected. Both India and the EU are seeking to streng ...Read More >
New Delhi: India and the European Union announced Tuesday the "mother of all deals", a huge trade pact to create a market of two billion people, reached after two decades of negotiations. EU chiefs and Prime Minister Narendra Modi hope the pact will help shield against challenges from the world's two leading economies, the United States and China. The agreement will cut or eliminate tariffs on almost 97 percent of European exports, saving up to 4 billion euros ($4.75 billion) annually in dutie ...Read More >
Mumbai, December 17, 2025: In a strategic move to enhance banking for Non-Resident Indians (NRIs), IDFC FIRST Bank has announced the launch of its 'IDFC FIRST Global Savings Account in USD and Euro' through the GIFT City branch in Gujarat. This innovative product aims to redefine how NRIs manage their finances by offering an account that facilitates operations in foreign currencies. Notable features include zero remittance fees, attractive interest rates, and seamless digital transfers worldwid ...Read More >
BENGALURU, India, Dec. 16, 2025 /PRNewswire/ -- Thales, in partnership with SFO Technologies, has taken a significant step forward in supporting India's strategic vision for self-reliance in defence manufacturing. The latest contract, awarded for the production of high-value, technically advanced complex wired structures of the RBE2 AESA Radar of the Indian Rafale, reinforces SFO Technologies' long-standing expertise and enduring partnership with Thales across multiple major programmes. This fi ...Read More >
(RTTNews) - Indian shares opened on a sluggish note Tuesday, with lingering uncertainty around tariffs and caution ahead of key U.S. jobs and inflation data due this week keeping investors on edge. The benchmark BSE Sensex dropped 353 points, or 0.4 percent, to 84,859 while the broader NSE Nifty index was down 106 points, or 0.4 percent, at 25,914. Tata Power was down about 1 percent after it unveiled plans to invest around Rs. 25,000 crore in capital expenditure during the current financial y ...Read More >
New Delhi, Dec 1 (PTI) Tilaknagar Industries Ltd on Monday said it has completed the acquisition of Imperial Blue business division from Pernod Ricard India (PRI), a step-down unit of the French spirits major, via a slump sale for a lump sum consideration of Rs 3,442 crore. The lump sum consideration paid to PRI is subject to post-closing adjustments in accordance with the terms and conditions set out in the Business Transfer Agreement, according to a statement issued by Tilaknagar Industries L ...Read More >
New Delhi [India], November 16 (ANI): India's foreign exchange reserves declined by USD 2.699 billion in the week that ended November 7 to USD 687.034 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed. Over the past month, the forex kitty has been in a downtrend, except for one week. Still, the country's foreign exchange (forex) kitty is hovering close to its all-time high of USD 704.89 b ...Read More >
New Delhi [India], November 14 (ANI): Tata Motors Passenger Vehicles Limited reported its consolidated Q2 FY26 results. This is the first earnings announcement as an independent entity for TMPV following the Tata Motors demerger. According to an exchange filing by Tata Motors, the company's consolidated revenues stood at Rs 72.3K crore, down 13.5 per cent, while EBIT was at a loss of Rs 4.9K crore. The quarter also reported a PBT (bei) loss of Rs 5.5K crore. The company recorded a net profit o ...Read More >
New Delhi [India], October 26 (ANI): India's foreign exchange reserves rose by USD 4.5 billion in the week that ended October 17 to USD 702.280 billion, primarily driven by a rise in gold reserves, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'. The country's forex kitty is hovering close to its all-time high of USD 704.89 billion touched in September 2024. For the reported week, India's foreign currency assets (FCA), the largest component of foreign exchang ...Read More >
Mumbai, Oct 24 (SocialNews.XYZ) India's foreign exchange reserves rose by $4.5 billion to $702.3 billion for the week ended October 17, mainly driven by an increase in the value of gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday. India's gold reserves held by the RBI as part of the country's foreign exchange reserves surged by $6.2 billion to surpass the $108.5 mark for the first time on the back of a sharp rise in the price of the precious metal and incre ...Read More >
Oct 23 (Reuters) - Tata Technologies (TATE.NS), opens new tab will recruit more local nationals in the United States, its top boss said, as the Indian engineering services provider reacts to U.S. President Donald Trump's wide-ranging immigration crackdown. The United States plans to charge businesses a steep fee for H1-B visas, used by tech majors including Amazon.com (AMZN.O), opens new tab and Meta Platforms (META.O), opens new tab, in a move the Trump administration said would shield America ...Read More >
Kolkata: Brison Fernandes has yet to make his senior India debut but it is unlikely Khalid Jamil will ignore the wide forward now. That's because of the poise Fernandes showed on the way to scoring FC Goa's first goal in Asian Champions League 2 and the desire before and after that. Before placing his shot in the far corner, Fernandes sent an Al Nassr player sliding away. Just like Fernandes, it is unlikely Abdulelah Al Amri, a Saudi Arabia centre-back with 31 international caps and who played ...Read More >
Pernod Ricard's consensus analyst price target has recently decreased from €106.33 to €104.33 per share. This reflects a shift in sentiment following updated research notes. This adjustment comes amid discussions about the company's valuation and evolving prospects in the face of both opportunities and challenges. Stay tuned to discover how investors can stay ahead as the narrative for Pernod Ricard stock continues to develop. What Wall Street Has Been Saying Recent analyst commentary on Pe ...Read More >
Representative Image: The action was taken based on a complaint that Bhadoria had amassed disproportionate assets. Image: Shutterstock The Lokayukta police in Madhya Pradesh on Wednesday conducted raids at various premises of a retired excise officer and found assets worth around Rs 10 crore belonging to him and his family, a police official said. Talking to reporters, Lokayukta Police Deputy Superintendent (DSP) Sunil Talan said the raids were conducted at one property in Gwalior and seven lo ...Read More >
Indore (Madhya Pradesh): The Lokayukta, special establishment police, unearthed an additional Rs 1.65 crore worth of assets on Thursday during its ongoing investigation into the raids conducted at the properties of retired excise officer Dharmendra Bhadoria. On Wednesday, the Lokayukta team carried out simultaneous raids at multiple locations linked to Bhadoria in Indore, and at one property each in Gwalior and Ujjain, uncovering assets worth approximately Rs 18.59 crore, indicating a dispropor ...Read More >
EAAA Alternatives, formerly known as Edelweiss Alternatives, has raised a $60 million commitment from the European Investment Bank (EIB) for its India Energy Transition Fund, which targets a corpus of USD 300 million. The fund will be used for investing in renewable energy, energy storage, electric mobility, and other green infrastructure assets. "The fund has a target size of $300 million and will channel equity and quasi-equity into greenfield infrastructure projects and growth-stage compani ...Read More >
AXA to support STEM education of nearly 10,000 girls in India by 2030 Axa Group Chief Operating Officer and Axa Group Operations Chief Executive Officer Alexander Vollert (first from right), AXA Global Business Services' Chief Executive Officer Michele Rochefort 8 min read Last Updated : Oct 13 2025 | 5:15 PM IST PRNewswire Bengaluru (Karnataka) [India], October 13: AXA announced its commitment to support STEM (Science, Technology, Engineering, and Mathematics) education of nearly 10,000 gir ...Read More >
India's merchandise exports in September rose 6.75 per cent to $36.38 billion compared to the same month of the previous year, despite the punitive tariffs imposed by the US, according to data released by the Commerce Ministry on Wednesday. New Delhi, India's merchandise exports in September rose 6.75 per cent to $36.38 billion compared to the same month of the previous year, despite the punitive tariffs imposed by the US, according to data released by the Commerce Ministry on Wednesday. The e ...Read More >
Mumbai Gold Rate Today: After a sharp surge over the past five to six days, the gold rally finally paused on Thursday, with prices in Mumbai holding steady and showing no major change. Meanwhile, silver rate today saw a minor decline. The brief pause in gold rate rally has raised expectations of some price corrections before Diwali celebration week. Mumbai gold rate today remained unchanged but stood close to the historic Rs 1.3 lakh mark. The sharp surge in gold price in Mumbai and other India ...Read More >
Indore, Oct 16 (PTI) Madhya Pradesh's Lokayukta police have raided the premises of a retired excise officer in two cities and unearthed movable and immovable assets of Rs 18.59 crore, including Rs 1.13 crore in cash, an official said. Based on a complaint of disproportionate assets, the raids were conducted on Wednesday at a property in Gwalior and seven other locations in Indore belonging to former excise officer Dharmendra Singh Bhadoria, Lokayukta Police Deputy Superintendent (DSP) Sunil Tal ...Read More >
Mumbai, Oct 3 (PTI) India's forex reserves dropped by USD 2.334 billion to USD 700.236 billion during the week ended September 26, according to the RBI data on Friday. In the previous reporting week, the kitty had declined by USD 396 million to USD 702.57 billion. For the week ended September 26, foreign currency assets, a major component of the reserves, decreased by USD 4.393 billion to USD 581.757 billion, the data released by the RBI showed. Expressed in dollar terms, foreign currency ass ...Read More >
Mumbai, October 1: The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions. "For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard," RBI Governor Sanjay Malhotra said. As a calib ...Read More >
MUMBAI: The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions. "For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard, " RBI Governor Sanjay Malhotra said. As a calibrated ste ...Read More >
Mumbai, Oct 1 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions. "For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard," RBI Governor Sanjay Malhotra said ...Read More >
The judge held the accused guilty on September 22 and pronounced the sentence on Monday. Mathura: A special fast-track court here has sentenced a man to 10 years of rigorous imprisonment for raping and duping a European woman of 1 lakh euros on the pretext of marriage, officials said on Tuesday. The court also awarded five years' imprisonment to his mother for abetting the crime and imposed fines of Rs 7.90 lakh and Rs 5.90 lakh on the two, respectively. Assistant District Government Counsel ...Read More >
Agra: A court in Mathura has sentenced a 43-year-old man to 10 years of rigorous imprisonment for raping and cheating a woman from the Netherlands under the pretext of marriage. His 70-year-old mother received a five-year jail term for abetment. Additional district judge (first), fast-track court (crimes against women), Sushil Kumar, also imposed a fine of Rs 9.7 lakh on Harendra and Rs 1.9 lakh on his mother. If the fines are not paid, Harendra will serve an additional year in jail, and his mot ...Read More >
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