Page 7 - Reuters

JSW unit seeks govt help to secure gas supply amid Iran war shortage

India's small steel producers have warned of production halts due to gas shortages, Reuters reported earlier

Iran war lifts bottled water prices in India, wipes out tax cut gains

Bisleri, Coca-Cola, Pepsi, billionaire Mukesh Ambani's Reliance and Tata all compete for a share of the $5 billion market

Brent crude hits $115 after Iran attacks energy facilities in West Asia

Qatar's state oil and gas company said the Ras Laffan Industrial City, an energy-industry hub, had suffered "extensive damage" after it was hit by Iranian missiles

Centre directs oil, gas firms to share export, import, and inventory data

India has been hit hard by the jump in crude prices and disruption in oil and gas supplies, but unlike China it has not moved to ban exports of refined fuel

Trump Alaska lease sale draws record $163 million from oil majors

The record auction revealed pent-up demand among drillers for acreage in the reserve, more than six years after the last federal oil and gas auction there

Trump weighs sending more troops to West Asia as Iran war enters new phase

Trump administration officials have also discussed the possibility of deploying US forces to secure Iran's stocks of highly enriched uranium

US oil exports seen rising as WTI discount to Brent hits widest in 11 years

US West Texas Intermediate crude traded at as much as a $12.05 a barrel discount to Brent during the session on Wednesday, its largest since March 2015

US Fed holds rates, signals one cut in 2026 despite higher inflation

Inflation, as measured by the Fed's preferred gauge, was expected to end the year at 2.7 per cent , not far below its current rate and higher than the 2.4 per cent projected in December

EU proposes 'EU Inc' plan to boost startups against US and China

While the EU proposal to operate under a single set of EU rules is available to any European businesses, it is mainly aimed at new companies with innovative technologies to help them scale up

Microsoft considers legal action over $50 billion Amazon-OpenAI deal

The dispute centers on whether OpenAI can offer Frontier via AWS without violating the Microsoft partnership, which requires the start-up's models to be accessed

US states, cities sue Trump over his move to scrap climate regulations

The suit, which also follows an earlier challenge filed by a coalition of environmental groups, also includes the states of Michigan, Connecticut, and Virginia and cities of New York, Boston, Chicago

IAEA says status of Iran's Isfahan enrichment facility remains unknown

A projectile hit an area near Iran's Bushehr nuclear power plant on Tuesday evening, however it caused no damage or injuries, Iran told the IAEA

Alternative West Asia shipping routes provide relief for aluminium prices

Aluminium prices ease as Emirates Global Aluminium secures alternative export routes, easing supply fears linked to tensions around the Strait of Hormuz

Rupee hits record low at 92.63 as oil prices surge, capital outflows rise

The rupee closed at 92.63 per dollar, eclipsing its previous lifetime low of 92.4750 hit last week

Reliance Jio hires 17 banks for IPO, plans no fresh fundraise: Report

The IPO will be executed as a so-called "offer for sale" in India, three of the sources said, where only existing shareholders sell their shareholding to public

India's privatisation drive derails because of weak investor interest

The privatisation plan, delayed for years, is now facing fresh setbacks that include dwindling interest in state-run firms

KKR to invest up to $310 million in PMI Electro, buy stake in Allfleet

KKR will acquire a majority stake in Allfleet and a minority holding in PMI Electro

Iran war flags rupee's vulnerability, banks pitch cross-currency trades

Brent crude is up nearly 40 per cent since the conflict in the West Asia began, threatening India's external balances and weighing on its inflation-growth balance

Axis Bank to invest $162 million in its consumer lending arm Axis Finance

Axis Bank, which has invested ₹2,375 crore in Axis Finance over the ​past decade, plans to complete the infusion by March 2027 ‌through a cash consideration in one or more tranches

India to mandate local solar ingots, wafers for energy projects from 2028

India currently relies entirely on China for its imports of cells, ingots, wafers ‌and ​poly silicon for ​solar panels