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ONGC plans to set up trading unit for crude, refined fuels for group firms

ONGC Videsh is the overseas investment arm of ONGC and annually produces about 10 million tonnes of oil through its assets

Indian bond yields surge as traders seek RBI intervention amid buyer strike

Alongside fiscal concerns, pension funds and insurers have shunned bonds in favour of equities, while large banks have slowed purchases amid mark-to-market losses on existing bond holdings

Quad important for critical minerals for India and Japan, says MEA

PM Narendra Modi is due to visit Japan on August 29-30 for the 15th India-Japan Annual Summit during which he will hold talks with his Japanese counterpart Shigeru Ishiba

Trump wants to meet North Korea's Kim this year, raises issues with South

Since Trump's January inauguration, Kim has ignored Trump's repeated calls to revive the direct diplomacy he pursued during his 2017-2021 term in office

Oil prices dip after sharp rally on Russia-Ukraine supply concerns

Brent crude futures fell 16 cents, or 0.23 per cent, to $68.64 per barrel at 0005 GMT, while West Texas Intermediate (WTI) crude futures also lost 16 cents, or 0.25 per cent, to $64.64

Donald Trump moves to ban US flag burning despite Supreme Court ruling

The order the Republican president signed in the Oval Office acknowledged the court's 5-4 ruling in a case from Texas in 1989

Keurig Dr Pepper brews coffee challenge with $18 bn JDE Peet's takeover

The deal, announced on Monday and offering a 20 per cent premium to JDE Peet's closing market price on Friday

US President Trump says he will continue to make deals like Intel one

Trump on Friday said the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share

Russian oil supplies to Slovakia may resume today, says Slovak minister

Slovakia and Hungary said on Friday that their supplies of Russian oil could be suspended for at least five days after a Ukrainian strike on a facility in Russia

Veteran banker Rajiv Anand takes charge as CEO of crisis-hit IndusInd Bank

Anand, whose appointment was announced earlier this month, was previously deputy managing director at Axis Bank and held key management positions at leading global financial institutions

Govt to tap Amazon, Flipkart data in inflation revamp, launch index

The move could make India's retail inflation data more robust by accounting for prices on online platforms as their share in household spending rises

Blue Star expects AC sales to rise around 20% on tax cut boost, says MD

The eventual tax rate on ACs is not clear but it is now at the maximum 28 per cent, so the planned cut should help dealers and manufacturers, who have struggled this year due to a cooler summer

Asian stocks rally as investors bet on US rate cuts, eye Nvidia earnings

Federal Reserve Chair Jerome Powell's dovish change of course has seen futures price in an 84 per cent chance of a quarter-point rate cut in September

Coca-Cola considers sale of Costa Coffee in strategic business review

The company has held initial talks with a small number of potential bidders for Costa, including private equity firms, Sky News first reported, citing unidentified sources

UN nuclear watchdog says radiation near Kursk plant at normal levels

Russia's defence ministry said at least 95 Ukrainian drones had been intercepted across more than a dozen Russian regions on August 24

Vietnam plans evacuation, China's Sanya shuts as Typhoon Kajiki intensifies

The storm could make landfall along the southern coast of China's southern island province of Hainan from Sunday afternoon

Ukraine drone attack causes fire at Russia's Kursk nuclear power plant

A combat unmanned aerial vehicle (UAV) belonging to the Armed Forces of Ukraine was shot down by air defence systems near the Kursk Nuclear Power Plant

Spotify flags price rises as it introduces new services, features: Report

Earlier in August, the Swedish firm said it would increase the monthly price of its premium individual subscription in some markets from September

Apple in talks to use Google's Gemini AI to power revamped Siri: Report

Alphabet's shares were up 3.7 per cent while Apple's stock was up 1.6 per cent, both extending gains in afternoon trading following the report

Intel has agreed to a deal for US to take 10% equity stake, says Trump

The move marks a clear change of direction just weeks after Trump called for the resignation of the company's new chief Lip-Bu Tan over his "highly conflicted" ties to Chinese firms