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Russian LNG under US sanctions heads for the first time to India

India has never publicly confirmed any such pledge and has said its buying decisions are guided by price, supply security and consumer interests

ED arrests ex-ADAG executive Amitabh Jhunjhunwala in loan fraud case

The Enforcement Directorate on Wednesday arrested Amitabh Jhunjhunwala, a former senior executive of Anil Dhirubhai Ambani Group (ADAG), in an alleged bank loan fraud-linked money laundering case, officials said. Jhunjhunwala was taken into custody under the Prevention of Money Laundering Act (PMLA) after questioning. The agency has produced him before a court seeking his custody for detailed interrogation, they said. The probe pertains to an alleged bank loan fraud perpetrated through Anil Ambani group companies like Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Ltd (RHFL) using shell or dummy companies. Jhunjhunwala had been a director of Reliance Capital Ltd, the holding company of RHFL and RCFL, from March 2003-September 2019.

Emerging markets investing pioneer Mark Mobius dies at 89 in Singapore

Mobius became an evangelist for money-making opportunities in Africa, Asia, Eastern Europe and Latin America

Centre likely to remove mandatory registration for non-money egames

Government is likely to relax gaming rules by removing mandatory registration for non-monetised games and easing compliance requirements ahead of new framework

Japan to provide $10 bn support to Southeast Asia to secure oil amid surge

Southeast Asian nations including Vietnam have previously sought help from Japan as well as from South Korea for crude oil supplies.

The Mind Electric : Pria Anand's book bridges myth, mind, and medicine

From sleep disorders to fear of the dark, a neurologist's book explores why the brain functions the way it does

China becomes India's top trade partner in FY26; deficit widens to $112 bn

China has overtaken the US to emerge as India's largest trading partner in 2025-26, with bilateral trade reaching USD 151.1 billion, while the country's trade deficit with Beijing widened to USD 112.16 billion during the period, government data showed. The US was India's largest trading partner for four consecutive years till 2024-25. India's exports to China rose 36.66 per cent to USD 19.47 billion during the last fiscal year, while imports increased 16 per cent to USD 131.63 billion. The trade deficit swelled to an all-time high of USD 112.6 billion in 2025-26 as against USD 99.2 billion in 2024-25. On the other hand, the country's outbound shipments to the US grew marginally 0.92 per cent to USD 87.3 billion during the last fiscal year, while imports increased 15.95 per cent to USD 52.9 billion. The trade surplus declined to USD 34.4 billion in 2025-26 from USD 40.89 billion in 2024-25. According to commerce ministry data, China was India's top trading partner from 2013-14 till

ICICI Lombard Q4 profit rises 7.3% to ₹546.6 crore on premium growth

Private insurer reports steady premium growth and higher investment income in Q4, while underwriting losses widen and combined ratio improves slightly

ECB to warn banks about risks from Anthropic AI's new model, says report

Unlike in the US, this will be done via the ECB's regular dialogue with bank staff and no ad-hoc meeting with top management has been scheduled yet

Trump says Iran war near end as Pakistan army chief reaches Tehran

The diplomatic push came as US and Iranian officials weighed a return to Pakistan for further talks after negotiations there ended on Sunday without a breakthrough

LIC should have innovative campaigns, products for young people: DFS secy

DFS Secretary M Nagaraju urged LIC to strengthen digital capabilities and design products for younger customers to drive insurance adoption and engagement

Telcos, ISPs want property managers to bear connectivity infra costs

Telecom firms and ISPs have urged Trai to place responsibility for digital connectivity costs and building ratings on property managers, not service providers

From compliance to confidence: A new paradigm for food safety in India

India's food ecosystem is vast, diverse, and rapidly evolving - spanning everything from street vendors and small manufacturers to large-scale food processors and global exporters

Govt explores ECLGS-like credit scheme for MSMEs amid West Asia crisis

The Ministry of Small and Medium Enterprises is in touch with the Department of Financial Services to explore an ECLGS-like credit guarantee scheme to support MSMEs amid the West Asia crisis, a senior official stated on Wednesday. Responding to a media query on whether a credit guarantee scheme was in the works for MSMEs, Additional Secretary in the Ministry of Micro Small and Medium Enterprises (MSMEs) Rajneesh said, "We are in constant touch with the Department of Financial Services regarding ECLGS kind of a mechanism. So, at an appropriate stage I will be in a position to share further details on this". The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat Abhiyan to support eligible MSMEs and enterprises in meeting their operational liabilities and restarting their businesses in the context of the disruption caused by the COVID-19 pandemic. The scheme covers all the sectors. Field officers of the MSME Ministry are in constant

India receives Iranian oil for first time in 7 years before US waiver ends

Import-dependent, price-sensitive India has been acutely impacted by the upheaval in global energy flows since US and Israeli strikes on Iran began at the end of February

Fintechs scale RuPay co-branded cards as UPI credit gains traction

Fintech firms are accelerating co-branded RuPay credit card launches as UPI linkage drives small-ticket credit use, boosts transaction volumes, and deepens integration of credit into everyday digital

CoRover claims 1.8 billion users globally as it expands agentic AI platform

Indian startup bets on agentic AI for governments and enterprises as adoption scales across sectors, driven by multilingual capabilities, high-volume interactions, and sovereign AI infrastructure

China 'happy' with 'opening' of Hormuz, won't send arms to Iran: Trump

President Donald Trump on Wednesday claimed that China has agreed not to provide weapons to Iran as reports circulate that Beijing has considered transferring arms. Trump wrote in a social media post that China is "very happy that I am permanently opening the Strait of Hormuz." He added: "They have agreed not to send weapons to Iran." He seemed to suggest the two are linked. The president had told an interviewer on Tuesday that Chinese President Xi Jinping had denied sending weapons to Iran. China's Foreign Ministry has repeatedly denied in recent days that the country is providing any form of military support to Iran.

Stocks edge up, oil slips to $98, dollar weakens on Iran-US talks

US President Donald Trump said Iran wants to make a deal, but added he would not agree to any outcome that allows Tehran to have a nuclear weapon

Netflix co-CEO makes rare overture to cinema owners at Las Vegas meet

At the time Netflix was openly courting cinema owners with promises to show the studio's films in theatres, before it backed out of the bid in February