Reuters/umtmi

Petronet eyes US LNG supplies under renewed long-term deal with Qatar

India's top ‌gas importer Petronet LNG Ltd is in talks with Qatar to source some LNG from the US under its long-term contract from 2028, Petronet's group general manager Vivek Mittal said

BPCL buys 1 million barrels of US WTI crude for delivery in late December

The refiner bought the crude at a ‌premium of about $18 per barrel to the dated Brent contract for discharge at Mumbai

From grains to chicken and milk, India faces prolonged food inflation

Weak monsoon rains threaten winter crop yields, while rising costs and tight supplies are pushing up prices of staples, poultry and dairy products

India's gold demand likely to fall to six-year low in 2026 on price rise

The country, the ‌world's biggest gold consumer after China, is grappling with rising living costs in the wake of the Iran war, while a weak monsoon could curtail rural demand for jewellery

US to mediate trilateral talks with Ukraine, Russia in Abu Dhabi next week

US negotiators have been seeking a breakthrough ‌in the long-running conflict before the ​winter sets in

Apple forecasts margin drop in holiday quarter as rising memory costs bite

Apple said it expects gross margin of 45% to 46% in the quarter ending in December, down from 47.9% in the fourth quarter

Oracle raises $20 billion through stock and bond sales to fund AI push

Oracle priced the offering of 86.2 million shares at $116 each later in the day, an 11.2% discount to Friday's closing price

Trump, Democrats make final pitch as US midterm elections campaign ends

Loss of control in either chamber would constrain Trump and empower Democrats to investigate his administration, while Senate majority would also allow them to block his appointees to federal ​courts

Sebi issues detailed rules for depositary receipts on REIT, InvIT units

The framework, proposed in August to attract more foreign capital to these sectors, was approved by the Securities and Exchange Board of India in September

US carries out 'defensive' strikes on Iran's Qeshm Island, officials say

The strikes, earlier reported by the Wall Street Journal, appeared to be limited and were not a resumption of major combat operations, the official said

Oil prices rise after report of US strikes on Iran's Qeshm Island

Brent crude futures rose 48 cents, or ‌0.5%, to $105.25 a barrel by 0104 GMT while US West Texas Intermediate crude was up 47 cents, or 0.5%, at $96.93 a barrel

US voters in a sour economic mood heading into midterm elections

Despite low unemployment and solid GDP growth, Americans remain concerned about rising prices, slowing wages and housing costs as they prepare to vote in the midterm elections

Iran says US peace contacts continue as Qatar talks end without a deal

Tehran says it is exchanging messages with Washington through mediators and has condensed its peace proposal, but differences over sanctions, nuclear talks and the Strait of Hormuz remain

Cyberattacks hit supermarket fridges across Europe, causing food losses

Supermarkets across Europe reported cyberattacks that raised refrigeration temperatures, disrupted operations and spoiled food, with authorities investigating the incidents

India assures commitment to lower Scotch tariffs under UK trade pact

The government has assured liquor companies it will honour tariff concessions under the India-UK trade pact, signalling a possible resolution to the dispute over bulk Scotch imports

Why is India's probe of Scotch imports from Britain rattling liquor majors?

Centre is arguing privately with companies - from Diageo and Pernod to Radico Khaitan and Allied Blenders and Distillers - that their bulk Scotch imports do not qualify for the lower 75% tariff

Sebi backs removal of long-term capital gains tax for foreign investors

The recommendations, which come months before the annual federal budget in February, are not binding and a final call rests with the government

Ambuja Cements to invest $1.5 bn to lift capacity to 155 MTPA by FY30

The expansion ‌plan comes days after Ambuja reported a 34.7% fall in quarterly ‌net profit, ​hurt by ​higher fuel and freight costs

US pushes to restore Russian gas sales to Europe via Ukraine before winter

Washington is supporting a rapid restart of Russian natural gas exports through Ukrainian pipelines as part of talks to secure an energy ceasefire before winter

Binance sees spike in customers pulling funds out after $6.3 billion hack

Binance said it had now covered 95% of the stolen assets. It said after an initial spike, withdrawals were stabilizing