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Oil gains on supply concerns from Iran sanctions, strong refining margins

Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries, pumping 3.2 million barrels per day in January, according to a Reuters survey of OPEC output

Indian drugmakers to stay competitive despite US tariff plans: Dr Reddy's

The industry is still waiting for more clarity on any tariffs before taking any action, Prasad said on the sidelines of the BioAsia conference in the Southern Indian state of Telangana

Govt seeks advisers for minority stake sales in state-run banks, firms

The federal finance ministry is looking dilute minority shareholdings in Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank

Trump wants Keystone XL Pipeline built, pledges easy regulatory approvals

The pipeline was first proposed in 2008 to bring oil from Canada's Western tar sands to US refiners and was halted in 2021 by then-owner TC Energy Corp after Biden revoked a key permit

Google's AI previews erode internet, US edtech firm Chegg says in lawsuit

Chegg is now considering a sale or take-private transaction as a result, the company's CEO Nathan Schultz said on Monday

Nvidia's H20 chip orders jump as Chinese firms adopt DeepSeek's AI models

Surge in orders underlines Nvidia's dominance of the market and could help alleviate concerns that DeepSeek might cause a slide in AI chip demand

Drug compounders sue FDA over removal of Wegovy, Ozempic from shortage list

The lawsuit claims the FDA's finding that there was no longer a shortage of the drugs' active ingredient semaglutide was arbitrary and capricious

Sebi proposes fresh steps to tighten derivative market rules to reduce risk

In a consultation paper released late on Monday, SEBI proposed that the market-wide position limit for single-stock derivatives should be linked to the cash markets

Russia open to Europe's involvement in peace talks on Ukraine: Putin

Vladimir Putin also said US President Donald Trump was approaching the Russia-Ukraine conflict rationally and not emotionally

Elon Musk renews firing threat after being obstructed by federal officials

The US agency that oversees federal employees said on Monday they could ignore a weekend email from Musk that required them to summarize their work or face losing their jobs

Crypto trading booms in India's interiors as job growth, incomes disappoint

Many young Indians are dabbling in crypto trading to supplement their regular income in the world's most populous country where jobs and pay increases have lagged world-beating economic growth

Feb gold imports likely to tumble 85% at 20-year low on record high prices

India's gold imports in February are likely to fall to around 15 metric tonnes, the lowest for the month in at least two decades, from 103 tonnes in February, 2024

India annual palm oil imports likely to fall behind soft oils for 1st time

Palm oil accounted for 56 per cent of India's total edible oil imports in the last marketing year, but in the first three months of the current year its share fell to 43 per cent

Trump's aid freeze disrupts anti-narcotics programme at Mexican ports

The initiative provided Mexico's Navy with training and equipment to improve screening of cargo entering and exiting the Port of Manzanillo, the nation's busiest container port

India short bond yields dip as RBI's liquidity infusion plan aids sentiment

The Reserve Bank of India cut the repo rate for the first time in nearly five years at this meeting, and the commentary in the minutes has opened up space for another rate action in April

Nvidia's chip demand faces scrutiny as DeepSeek stirs doubts on AI spending

Claims that DeepSeek's AI models rival its Western counterparts at a fraction of the cost has led some investors to ask if Nvidia's cutting-edge chips are essential for gaining an edge in AI race

Xi affirms 'no limits' partnership with Putin on Ukraine war anniversary

Xi has told Putin in recent years that the two have the chance to drive "changes the world has not seen in a century", which many analysts see as an attempt to challenge a US-led global order

Naming Das as PM's principal secy shows govt's economic focus, say experts

Das' economic experience will help India at a time when the government and central bank are working in tandem to aid the economy's recovery while trying to manage geopolitical challenges

India's GDP growth likely rebounded to 6.3% in Q3 on govt spending: Survey

Curb in infra spending due to elections dragged growth down to 5.4 per cent in July-September, well below the 8.2 per cent average last fiscal year

Oil prices steady as traders await progress on push for Ukraine peace deal

Brent futures were up 13 cents, or 0.2 per cent, at $74.56 barrel by 1103 GMT while US West Texas Intermediate crude futures added 11 cents, or 0.2 per cent, to $70.51