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.
Retail inflation eased to a nearly six-year low of 3.16 per cent in April mainly due to subdued prices of vegetables, fruits, pulses, and other protein-rich items, creating enough room for the Reserve Bank to go for another round of rate cut in the June monetary policy review. The Consumer Price Index (CPI) based inflation was 3.34 per cent in March and 4.83 per cent in April 2024. It was 3.15 per cent in July 2019.
From Joe Root vs Jasprit Bumrah's high-stakes chess match to the all-round brilliance of Ben Stokes vs Ravindra Jadeja, and from emerging face-offs like Shubman Gill vs Shoaib Bashir to K L Rahul's test against Chris Woakes, each duel carries weight far beyond statistics.
Army troops in Bangladesh intensified their patrols on the streets of Dhaka as the country witnessed rising tensions with the newly formed student-led National Citizen Party (NCP) accusing the military of political interference. The NCP staged protest rallies at the premier Dhaka University campus vowing to thwart at any cost a military-backed plot to rehabilitate deposed prime minister Sheikh Hasina's Awami League which was toppled seven months ago in a student-led violent street protest in July-August last year. A key leader of NCP, which was floated last month with widely assumed blessings of Professor Muhammad Yunus, accused the military of political interference over a proposal for inclusiveness that would allow Awami League to participate in the next elections. The military, which is now entrusted with maintaining nationwide law and order with magistracy power, however, did not enter the campus but continued their intensified patrol, particularly in the capital. The NCP convenor Nahid Islam said at the Muslim fast-breaking iftar party that the army or any other state institution had no "authority to propose or make decisions" about politics. He added that in no way "we will allow installation of another 1/11 government" in the country.
ISRO has projected wheat production of 122.24 million tonnes.
After a much-needed two-day respite, Team India returned to the training grounds with renewed vigour, setting their sights on a pivotal showdown against New Zealand on Sunday.
China has announced a 7.2 percent increase in its national defence budget, bringing the total to USD 249 billion for the year. This rise comes amidst China's ongoing efforts to modernize its armed forces, including the development of new warships and fighter jets. The budget increase, exceeding last year's 7.2 percent rise, reflects China's commitment to bolstering its military capabilities. Chinese Premier Li Qiang emphasized the importance of the Communist Party's leadership in guiding the military, with President Xi Jinping at the helm of the Central Military Commission. China's defence spending is now three times that of India's and is viewed by critics as a sign of the country's growing military ambitions.
'I have achieved a sort of liberation as an actor and as a person after Khakee: The Bengal Chapter.'
Byzantine glam is here to rule the fashion scene.
"The prejudice against Urdu stems from the misconception that Urdu is alien to India. This opinion, we are afraid, is incorrect as Urdu, like Marathi and Hindi, is an Indo-Aryan language. It is a language which was born in this land," the judges said.
Ganguly believes Iyer's transformation makes him a strong contender for a spot in all three formats of international cricket.
After HPCL, the government headhunter struggled to find a suitable candidate for the top job at Bharat Petroleum, as most applicants were narrow specialists lacking multidisciplinary experience needed to run a large organisation. The Public Enterprise Selection Board (PESB) last month interviewed a dozen candidates including BPCL director (finance) Vetsa Ramakrishna Gupta and its director (refineries) S Khanna but found none suitable for the job of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), according to a PESB order.
'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'
'Geopolitical stability could remove the crude oil risk premium.'
Top security officials in Jammu and Kashmir met to discuss an integrated plan to crack down on the terror ecosystem in the Chenab Valley, which witnessed several terror incidents last year. The meeting, which included representatives from the Army, police, and intelligence agencies, focused on strengthening security measures and coordinating efforts to combat terrorism. The government's plan to arm ex-servicemen was also discussed to supplement the existing Village Defence Guards.
Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) has surprised the street with a better than expected performance in its oil-to-chemicals (O2C) division in October-December 2024 (Q3FY25). RIL executives attributed it to favourable feedstock sourcing and higher volumes. However, they also listed cost optimisation and other measures.
Australia's new student visa rules focuses on stricter eligibility, higher financial and English language requirements among others.
The government on Friday hiked customs duty on crude and refined sunflower oil to 20 per cent and 32.5 per cent, respectively. According to a finance ministry notification, the basic customs duty on crude palm, soybean and sunflower seed oil has been increased from nil to 20 per cent.
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
'The time has come to have a relook at the Constitution as every document has a shelf life.'
By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.
Here's a look at the biggest disappointments of IPL 2025 -- the players who've cost crores but delivered crumbs.
Chinese manufacturing prowess and its dominance in the strategic sector will have a bearing on India's growth projection in the medium term and its march to become a developed nation by 2047, the Economic Survey said on Friday. The Survey has said India needs to grow at 8 per cent for about two decades to become a developed nation by 2047, but it will have to face challenges from global developments and reliance on Chinese imports.
India is preoccupied with analysing the US sanctions, which may cut off India's access to discounted Russian crude and force it to buy at market prices.
ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.
India pacer Harshit Rana credited seasoned speedster Jasprit Bumrah for shaping his consistency and adaptability at the highest level.
10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.
'Pakistan cannot sustain a war with India for more than four days. They are in such dire straits. At best they can sustain war for one week.'
Wheat production during the current season is expected to be better than last year provided the weather remains favourable over the next few weeks, said senior industry executives. The weather had turned uncharacteristically hot in the latter half of last month, but owing to strong winds, the chill has returned in the last few days.
India, the world's third largest oil consuming and importing nation, spent 112.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday. The Centre for Research on Energy and Clean Air (CREA) released a report on payments to Russia for fossil fuels since February 24, 2022. "According to our estimates, since the beginning of the war, Russia earned EUR 835 billion in revenue from fossil fuel exports," it said.
Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Traders said the OMC stocks gained with crude oil prices hovering below $70 per barrel after OPEC-plus decision to increase output from April, a move which is expected to favour Indian refiners with added marketing margins on retail fuel.
'The US is strongly placed to expand its crude supplies to India.'
Allu Sneha Reddy's sense of style speaks volumes about her refined taste and her ability to stay grounded.
Raina also laid emphasis on how Kuldeep Yadav could be a lynchpin in India's success.
Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US indictment. Fitch affirmed AESL long-term foreign and local-currency issuer default ratings (IDRs) at 'BBB-'.
'Making sure that you're getting enough sleep, that your weight is maintained correctly and you exercise regularly.'
Priyanka gets ready for bhai ki shaadi... Parineeti busy shooting... Urmila turns 51...
Career counsellor Nayagam PP suggests 20 powerful steps you can take while balancing your board exams and other engineering entrance tests.
Delhi Capitals opener Shafali Verma has credited the Women's Premier League (WPL) for helping her learn how to build her innings.
Finance Minister Nirmala Sitharaman on Saturday announced the removal of import duties on 12 critical minerals, lithium-ion batteries scrap, cobalt products, LED, zinc and 36 drugs for cancer and rare diseases.
