MUMBAI: The opening of the Strait of Hormuz, one of the most important shipping channels in the world for the flow of crude oil and natural gas, led to a global rally in stocks on Friday evening. This also overshadowed the muted trading witnessed during the early part of the day in all of Asia…
MUMBAI: UltraTech Cement will cross 200 million tonnes of capacity after commissioning three grinding units totalling 8.7 million tonnes on Friday, cementing the Aditya Birla Group company’s position as the world’s largest cement producer outside China, with capacity nearly double that of the United States and exceeding the whole of the European Union. The milestone…
New Delhi: Using the one-month window provided by a temporary US sanctions waiver, Indian refiners purchased Iranian oil and settled payments in Chinese yuan, people aware of the development said on Friday. Iran insists on payment in Chinese yuan for oil to bypass US-led financial sanctions that restrict its access to the dollar-dominated global banking…
‘Dacoit’, with the captivating duo of Adivi Sesh and Mrunal Thakur, has hit a rough patch at the Indian box office, accumulating Rs 29.47 crore by its eighth day. Nonetheless, the film has found its footing internationally, earning Rs 12.60 crore globally. Blending heart-pounding action with poignant storytelling, it creates a unique cinematic experience that…
MUMBAI: Vijay Singh, a former Indian defence secretary whose eligibility as a trustee has come under legal challenge, absented himself from the board meeting of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution on Friday, the latest sign of an intensifying governance dispute within India’s most powerful philanthropic network.The challenge was brought by Mehli Mistry,…
Actor Yash, who was in the Los Angeles this past week, promoting his film ‘Ramayana’, also screened nine minute footage of his next ‘Toxic: A Fairytale for Grown-Ups’. During a candid discussion about the film, the leading man revealed fresh new details, describing the film as an unconventional cinematic experience that challenges traditional storytelling.Yash opens…
NEW DELHI: India’s smartphones market has opened 2026 on a weak note, recording its slowest start in six years as shipments slipped 3% year-on-year in the March quarter, according to Counterpoint Research. The decline may appear modest, but the underlying pressures suggest a more persistent demand slowdown.As per the report, smartphones are getting pricier, and…
Mumbai: The rupee regained 92 levels and closed at 92.93, 27 paise stronger then its previous close. The gains followed reports that the RBI has asked oil companies to not purchase dollars from the open market but to rely on a line of credit provided through SBI.Such a move would remove one of the major…
Mohammed Siraj (Pic credit: IPL) NEW DELHI: Gujarat Titans turned in a fielding performance of the highest quality, grabbing nine catches and effecting a run-out to bowl out Kolkata Knight Riders for 180 in their IPL 2026 match on Friday, with Mohammed Siraj leading the charge both with the ball and in the field.The India…
NEW DELHI: Indian oil companies, fertiliser importers and exporters are cheering the opening of the Strait of Hormuz for global commercial vessels.There are 41 India-bound ships, both Indian and foreign-flagged, loaded with cargo, including crude, LPG, LNG and fertiliser, that are waiting to cross the narrow channel, where Iran has blocked normal movement since Feb…