'India did not surrender. That was why he wanted to pressurise India by this 25% tariffs.'
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
Kidambi Srikanth enters second round of Canada Open
The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
From the Sensex firms, HCL Tech, Tata Steel, Tech Mahindra, Reliance Industries, Bharat Electronics and ICICI Bank were among the laggards. Bajaj Finance, Hindustan Unilever, UltraTech Cement and Power Grid were among the gainers.
Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.
After the war erupted between Russia and Ukraine, the US and Western nations imposed sanctions on Moscow. However, India has continued to purchase Russian oil.
India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.
Bharatiya Janata Party National general secretary Tarun Chugh said on Sunday that the BJP government does not work for the people by asking their religion and added that they are fulfilling the message of Prophet Muhammad by empowering Muslim women.
A moving goods train carrying diesel caught fire on Sunday at Tiruvallur in northern Tamil Nadu severely affecting train services on the arterial Chennai-Arakkonam rail route, which also links Chennai with Karnataka, Kerala and Andhra Pradesh, officials said.
A 22-year-old youth from Telangana, Sai Teja Nukarapu, was shot dead at a gas station in the United States where he was working. The incident occurred in the early hours of Saturday Indian time near Chicago. Sai Teja was not on duty but helping a friend who asked him to stay on for some time. The friend had gone out on some work. Sai Teja had completed his BBA in India and was pursuing his MBA in the US. He was also doing a part-time job at the gas station. The body is expected to reach India next week.
A substantial deposit of petroleum and natural gas has been discovered in Pakistan's territorial waters, a cache so large its exploitation could change the country's destiny, according to a media report. A three-year survey was undertaken in collaboration with a friendly country to verify the presence of the oil and gas reserves, DawnNewsTV quoted a senior security official as saying on Friday.
Engineering and construction conglomerate Larsen & Toubro (L&T) on Monday announced the listing of the country's first environmental, social and governance bonds on the NSE, raising Rs 500 crore through debentures. In a filing to BSE, the company said it "has listed India's first ESG bonds on the National Stock Exchange (NSE), setting a precedent for a greener and more sustainable financial future in India".
Iga Swiatek demolished Amanda Anisimova 6-0, 6-0 in just under an hour to clinch her first Wimbledon title and fifth Grand Slam crown overall.
'Trump is likely being purposefully vague, hoping that this lack of clarity will pressure India, fearing the worst, to agree to scale back its imports of Russian oil.'
The breakthrough reveals the dazzling world of miniature plasma loops, or tiny loops, which stretch almost as long as the distance between Kashmir and Kanyakumari.The breakthrough reveals the dazzling world of miniature plasma loops, or tiny loops, which stretch almost as long as the distance between Kashmir and Kanyakumari.
S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.
From the Sensex firms, Hindustan Unilever, Kotak Mahindra Bank, Trent, Reliance Industries, Asian Paints and ITC were among the gainers. However, Bharat Electronics Ltd, Tech Mahindra, UltraTech Cement, Maruti and Eternal were among the laggards.
From the Sensex pack, Bharti Airtel, Asian Paints, Infosys, Bharat Electronics, Tech Mahindra and Eternal were major laggards. However, Maruti, Tata Steel, Bajaj Finance, Bajaj Finserv, Trent and Tata Consultancy Services were among the gainers.
Prime Minister Narendra Modi launched a scathing attack on the TMC, accusing them of prioritizing vote-bank politics over national security and Bengali identity by promoting infiltration. He also highlighted the BJP's vision for a developed and prosperous Bengal, promising a clean break from the past.
Union Minister of State Suresh Gopi on Friday said that Congress MP Shashi Tharoor has to decide whether he wants to join the Bharatiya Janata Party and the changes seen in him were the outcome of understanding the people's interests.
Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon.
The output of eight key infrastructure sectors slowed down to an eight-month low of 0.5 per cent in April due to contraction in the production of crude oil, refinery products and fertiliser. According to official data released on Tuesday, these eight sectors -- coal, crude oil, refinery products, natural gas, steel, cement, electricity and fertiliser -- expanded by 6.9 per cent in April 2024.
Protesters took out torchlight processions overnight, burnt a government building and clashed with security forces, defying prohibitory orders as Manipur continued to witness demonstrations over the arrests of a Meitei organisation leader and four others, police said on Monday.
'The reported deal between the European Union and China should mitigate it (shortage) for the medium to long term. Let's wait and watch how this plays out.'
A 46-year-old man was arrested for allegedly setting his wife ablaze and leaving her with severe burn injuries following an argument in Mumbai's Chembur area, a police official said on Saturday.
Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.
Incineration of entire 358 tonnes of toxic waste from the defunct Union Carbide factory finally concluded as contaminated soil and packaging material were burnt at a disposal plant in Madhya Pradesh's Pithampur on Thursday, over six months after the consignment was brought to the unit.
The Kerala State Pollution Control Board (KPCB) is on high alert after a Liberian vessel carrying hazardous cargo sank off the Kerala coast. While no calcium carbide containers have washed ashore yet, a thin layer of oil spill has been detected. The KPCB is working to contain the spill and prevent it from reaching the shore, but rough conditions at sea have hampered efforts to spray dispersants. The board is also taking steps to prevent the oil from reaching the Ashtamudi and Vembanad lakes.
Also, as part of the IDY celebrations, entry to all ASI sites will be "free of cost" for the public on June 21, the ministry of culture said in a statement on Friday.
Investors' wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global market trends amid growing tensions in the Middle East.
From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.
Chinese import tariffs have unwittingly come to India's assistance to help boost imports of US liquefied petroleum gas (LPG) at rates cheaper than what it pays for supplies from West Asia, according to industry sources and shipping data.
India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday. India, which meets over 85 per cent of its crude oil needs through imports, spent $242.4 billion on buying crude from overseas in the fiscal year ended March 31, 2025.
Around 400 people of Lapangap and other villages, backed by members of several social organisations of Meghalaya, went to the plantation area, uprooted the saplings and burnt the wooden structure around 11 am, claiming that Assam was trying to encroach into their state by carrying out the plantation.
'The government's priority is not farmers.'
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
More than 500 people were arrested by police during the Champions League final celebrations in France, and two people were reported dead and 192 injured, the interior ministry said on Sunday.
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