Page 184 - Latest News

West Asia conflict: With crude at $100, OMCs to face margin pressure

The retail prices of petrol and diesel currently stand at ₹94.77 per litre and ₹87.67 per litre, respectively, in Delhi, compared to ₹110.04 per litre and ₹98.42 per litre, respectively, in Nov 2021

West Asia war: Refiners asked to maximise LPG output for local consumption

Facing supply risks from the West Asia conflict, the government has ordered all refiners to channel full C3-C4 streams into LPG production to ensure adequate supply for households

India's urban reset: What 16th FC report, Budget 2026-27 mean for cities

Record Finance Commission grants promise greater fiscal autonomy for cities, but sharp cuts in central schemes shift the burden of urban transformation to states and municipalities

Edelweiss Financial Services sells 4.4% stake in EAAA India Alternatives

Edelweiss Financial Services sold a 4.4% stake in EAAA India Alternatives for ₹375 crore to key investors as the alternatives platform prepares for a potential IPO

Impact of rising crude prices on inflation won't be substantial: FM

Finance Minister Nirmala Sitharaman, in a written statement, said that the medium-term impact of global crude oil price rise on inflation would depend upon several factors

India, Uzbekistan launch pharma-nutra corridor; focus on Eurasian market

India and Uzbekistan have launched a policy-backed pharma-nutraceutical corridor to improve regulatory alignment, investment and market access for manufacturers targeting the $7-10 billion Eurasian he

ECB volumes may grow 25-30% to $65 billion in FY27: Citibank executive

Prolonged geopolitical tensions could pose headwinds

Excise policy changes across states positive for listed liquor majors

Instead of steep hikes, states are relying on licence fee increases, reserve price revisions, and recalibration of tax

How India can kick the West Asian oil habit by boosting ethanol use

Surplus ethanol capacity and rising geopolitical risks revive calls for higher blending targets as India weighs E30, flex fuels and even E50 to bolster energy security

Sunil Singhania, Venugopal Garre, U R Bhat, Rahul Singh decode market crash

Leading market experts decode Monday's stock market crash, crude oil's sharp spike and the investment strategy that one can adopt in this backdrop.

UBS downgrades HPCL, BPCL, IOC stocks as crude prices breach $100/barrel

UBS' Global Oil team has also raised their near-term oil price forecasts, Q1-26E to $71/bbl (around $80/bbl for March), and the average for 2026 to $72/bbl

Uber's women-only option goes nationwide in the US amid safety concerns

Uber's women drivers can set the app's preferences to request trips with female riders, and they can turn off that preference at anytime

Rupee hits new low as crude surge pressures bonds and currency markets

The rupee touched a fresh low as crude oil prices crossed $100/bbl and global volatility rose, while bond yields eased later after the RBI's OMO purchase helped stabilise sentiment

IndiGo flight to Manchester aborts trip, returns amid airspace closure

The airline said on March 7 that it would restart its Europe operations as airlines gradually restored schedules following disruptions caused by the evolving situation in West Asia

Supply disruption, high input costs likely to hit fertiliser companies

Agrochemical stocks fell sharply as tensions in West Asia threatened supply chains and raised raw-material costs, with analysts warning of higher fertiliser prices, subsidy needs and margin pressure

SC declines to interfere with ₹1,950 crore NSEL settlement scheme

Top court upholds approval of ₹1,950-crore settlement scheme for investors hit by the 2013 National Spot Exchange payment crisis, dismissing creditor's challenge

I-T dept detects ₹408 crore sales suppression; surveys restaurants

Based on the findings, the department conducted surveys on March 8 across 62 restaurants in 46 cities across 22 states

PM Modi speaks to Nepal leaders Rabi Lamichhane, Balendra Shah

In his telephonic conversations with the two leaders of Nepal, PM Modi said he was confident that with the joint endeavours, India-Nepal relations will scale new heights in the coming years

Anthropic sues Trump administration over Pentagon 'supply chain risk' tag

The Pentagon last week formally designated San Francisco tech company a supply chain risk after an unusually public dispute over how its AI chatbot Claude could be used in warfare

Well positioned for strong recovery this year, says Varun Beverages

Varun Beverages says expanded capacity, a diversified portfolio and its Africa strategy support confidence in a strong recovery, despite last year's weather-led demand disruption