Page 334 - Latest News
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 oil exports seen rising as WTI discount to Brent hits widest in 11 years")
IMD issues alerts as rain, storms hit large parts of India including Delhi
The weather department has forecast continued rainfall, thunderstorms and lightning across several parts of the country over the next few days
 "IMD issues alerts as rain, storms hit large parts of India including Delhi")
Venezuela's acting Prez names new defence chief to replace Maduro loyalist
The announcement comes more than ten weeks after Rodriguez became acting head of state following the Jan. 3 US military operation that captured Maduro to put him on trial in the US
 "Venezuela's acting Prez names new defence chief to replace Maduro loyalist")
Nato allies benefit more from reopening of Hormuz than US: WH press secy
US White House Press Secretary Karoline Leavitt said that US President Donald Trump's energy agenda made sure that the US has enough resources of oil.
 "Nato allies benefit more from reopening of Hormuz than US: WH press secy")
US national debt surges past $39 trillion just weeks into war with Iran
Federal debt has surged under both Republican and Democratic presidents, most recently fueled by wars, large-scale pandemic spending and tax cuts
 "US national debt surges past $39 trillion just weeks into war with Iran")
World Happiness Report shows social media's harms; Finland happiest country
The annual report, published by the Wellbeing Research Centre at the University of Oxford, also found that Finland is the happiest land in the world for the ninth year in a row
 "World Happiness Report shows social media's harms; Finland happiest country")
Concern, anger and hope grow in Cuba as Trump calls for 'imminent action'
Island-wide blackouts have roiled Cubans already grappling with years of crisis, and lack of gasoline and basic resources has crippled hospital and slashed public transport
 "Concern, anger and hope grow in Cuba as Trump calls for 'imminent action'")
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
 "US Fed holds rates, signals one cut in 2026 despite higher inflation")
IT stocks rebound 2.8% as brokerages downplay AI disruption fears
Nifty IT index snaps six-day losing streak as brokerages cite stable demand, limited pricing pressure and resilient outlook despite concerns over generative AI
 "IT stocks rebound 2.8% as brokerages downplay AI disruption fears")
Best of BS Opinion: WTO test, Apple at 50, and doubts over S&P inclusion
Here are the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: WTO test, Apple at 50, and doubts over S&P inclusion")
Heavy rain, gusty winds hit north India; snow in J&K, Himachal hills
Some areas in the higher reaches of Kashmir received fresh snowfall on Wednesday, while rain lashed most parts of the Valley
 "Heavy rain, gusty winds hit north India; snow in J&K, Himachal hills")
Centre offers extra 10% commercial LPG to states committing to PNG shift
At least 8 oil tankers, including 7 with Russian crude, diverted mid-voyage from China to India
 "Centre offers extra 10% commercial LPG to states committing to PNG shift")
Prudential may exit life insurance joint venture with ICICI Bank
In talks with BhartiAxa for possible stake buy
 "Prudential may exit life insurance joint venture with ICICI Bank")
Atanu Chakraborty quits as HDFC Bank chairman; Mistry named interim chief
"Certain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal values and ethics", says Chakraborty
 "Atanu Chakraborty quits as HDFC Bank chairman; Mistry named interim chief")
Coal India's arm CMPDIL raises ₹470 cr via anchor investors ahead of IPO
As per the circular, the state-owned firm allotted 2.73 crore equity shares to 22 funds at ₹172 per piece, aggregating the transaction size to ₹469.74 crore
 "Coal India's arm CMPDIL raises ₹470 cr via anchor investors ahead of IPO")
India sends additional warships near Gulf of Oman to escort fuel vessels
India deploys warships near the Strait of Hormuz to secure fuel shipments and protect vessels amid escalating tensions and disruptions in West Asian energy routes
 "India sends additional warships near Gulf of Oman to escort fuel vessels")
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
 "EU proposes 'EU Inc' plan to boost startups against US and China")
Indian cities need governance, planning and finance reforms: Rajiv Gauba
India must overhaul urban governance, planning, and finance to support rapid urbanisation and achieve Viksit Bharat by 2047, says NITI Aayog's Rajiv Gauba
 "Indian cities need governance, planning and finance reforms: Rajiv Gauba")
Govt curbs airline seat selection add-ons, mandates 60% seats free
Aviation Ministry's directive aims to curb 'dark pattern' practices and improve passenger experience
 "Govt curbs airline seat selection add-ons, mandates 60% seats free")
Capital gains tax worries? How CGAS helps you park gains and buy time
CGAS lets you park gains to claim tax breaks, but strict timelines and rules mean any slip can turn savings into tax liability
 "Capital gains tax worries? How CGAS helps you park gains and buy time")