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Business
Venezuela Becomes India’s Third-Largest Crude Oil Supplier Amid West Asia Crisis
New Delhi, May 22: Venezuela has emerged as India’s third-largest crude oil supplier in May 2026, overtaking Saudi Arabia as Indian refiners increased purchases of cheaper heavy crude amid ongoing disruptions linked to the West Asia…
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Delhi HC Grants Interim Relief To IndiGo In ₹458 Crore GST Dispute
New Delhi, May 22: The Delhi High Court has restrained tax authorities from taking coercive action against InterGlobe Aviation in a ₹458 crore GST dispute linked to compensation received from a foreign aircraft engine…
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US Ambassador hints at finalisation of trade deal with India
New Delhi, May 22: Indicating strong interest of the United States in deepening economic ties with India, its Ambassador Sergio Gor has hinted at possibility of finalisation of a bilateral trade agreement and setting an ambitious target of…
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US Trade team likely to visit India next month, Rubio coming tomorrow
New Delhi, May 22: India and the US are likely to hold the next round of trade talks next month when an American delegation is expected to travel here, according to Commerce and Industry Minister Piyush Goyal.
Prior to that, US Secretary…
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Rising Diesel Prices May Soon Make Everyday Essentials More Expensive Across India
New Delhi, May 21: The recent increase in petrol and diesel prices is no longer just affecting vehicle owners at fuel stations. The impact is now beginning to spread across India’s wider economy, with transport companies officially passing…
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Rashmi Group to Invest USD 300 Million in Ethiopia Mining Sector Through New Strategic MoU
New Delhi, 21 May: Rashmi Group, a leading Indian steel and mining conglomerate, has announced a major expansion into Africa with a USD 300 million investment commitment in Ethiopia’s mining sector. The agreement was formalised during the…
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What Is RBI’s Retail Rupee? How India’s Digital Cash Works And What Makes It Different
New Delhi, May 21: India’s financial system is entering a new phase with the introduction of the Retail Digital Rupee, also known as e₹. Issued by the Reserve Bank of India, it represents a digital version of physical cash that carries the…
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Rupee Recovers 61 Paise From Record Low As Trump Signals Progress In Iran Talks
New Delhi, 21 May: The Indian Rupee recovered a little, to the tune of 61 paise, against US Dollar.
It reached 96.25 against the US dollar after hitting a record low of 96.95 in the previous trading session.
The recovery came amid easing…
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Samsung Faces Massive Worker Strike After Wage Talks Collapse
New Delhi, 20 May: Samsung Electronics is facing a major labour crisis after wage negotiations with its workers’ union failed to reach an agreement. The union has now announced an 18-day strike, raising concerns over disruptions in global…
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RBI Cancels Licence of Sarvodaya Co-operative Bank: Here’s Why
New Delhi, May 19: The Reserve Bank of India has cancelled the licence of Sarvodaya Co-operative Bank after finding serious regulatory non-compliance. The bank has been barred from conducting any banking operations, and authorities have…
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