If refiners are ultimately required to raise their stock levels to cover about 30 days of national consumption, they would collectively need to maintain around 150 million barrels of crude oil. (AI image) Drawing lessons from China, India may look to push its domestic refiners to increase the stockpile of crude inventories with energy security…
“Indian equity markets are expected to open on a mildly positive note, with Gift Nifty trading at 24,015, up by 21 points. Asian markets are witnessing mixed trade after a subdued overnight session on Wall Street, where the Nasdaq Composite and S&P 500 ended lower amid weakness in technology stocks, while the Dow Jones Industrial…
Jewar’s Noida International Airport (NIA) is set to handle its first cargo flight on Wednesday, with the aircraft scheduled to depart on a domestic route. The development comes just days after the airport began commercial passenger operations, marking another key step in its growth as an aviation and cargo hub for northern India. The airport…
NEW DELHI: Tuesday’s fall in Brent to under $80 a barrel for the first time in three months will allow oil companies to hold pump prices at current levels, while helping govt finances and keeping inflation from rising, provided gains on crude hold.Policymakers are cautious while making any projections, given how the peace talks between…
NEW DELHI: CERT-In has issued new cybersecurity guidelines that will require technology vendors to adopt AI-assisted security testing, disclose critical vulnerabilities immediately and significantly accelerate patch deployment across India’s digital ecosystem.The framework applies to OEMs, software vendors, cloud service providers, managed service providers and other technology suppliers operating in the country. The move comes as…
Mumbai: The execution of the peace deal in West Asia, between US and Iran, lifted sensex on Tuesday, its fourth consecutive session of gains. The index closed 544 points up at 76,808 points. Dipping crude oil prices—as there are strong expectations that energy supply chains in the Persian Gulf region will be restored soon—was one…
US stocks traded near record levels on Tuesday, with the Dow Jones Industrial Average touching an intraday all-time high as falling oil prices and optimism over a US-Iran peace deal lifted investor sentiment.The Dow rose 360.77 points, or 0.70 per cent, to 52,031.80 in morning trading, setting a fresh intraday record.The S&P 500 gained 7.49…
Shares of Elon Musk‘s SpaceX surged more than 14 per cent on Tuesday, pushing the company’s market valuation above that of Amazon and briefly ahead of Microsoft, as investors continued to pile into the newly listed stock.SpaceX shares were last trading at around $220, up 14.3 per cent on the day and more than 62…
Benchmark equity indices Sensex and Nifty continued their upward momentum for the third consecutive session on Tuesday, helped by positive global market trends, foreign fund inflows and easing crude oil prices after the reported peace deal between the US and Iran, reported PTI.The 30-share BSE Sensex gained 544.15 points, or 0.71 per cent, to close…
India’s rice stocks in government warehouses rose 15 per cent year-on-year to a record high at the start of June, while wheat inventories climbed to their highest level in five years following strong procurement from farmers, according to official data.State reserves of rice, including unmilled paddy, stood at a record 68.43 million metric tonnes as…