How India Keeps Oil Flowing Despite Hormuz Closure
India has managed oil supplies amid the Strait of Hormuz closure by diversifying imports, relying on Russian crude, and using alternative routes, despite a global supply crunch.
India has managed oil supplies amid the Strait of Hormuz closure by diversifying imports, relying on Russian crude, and using alternative routes, despite a global supply crunch.
The Indian rupee fell to an all-time low of 96.52 against the US dollar in intraday trade, settling at 96.52, amid strong demand for the greenback and rising crude oil prices.
Chennai is set to host South India's biggest industrial sourcing platform, highlighting Tamil Nadu's leadership in India's manufacturing boom. The event will showcase innovations and attract global investors.
Economists project India's FY27 GDP growth at 6-7% amid widening West Asia crisis, with current account deficit expected to reach 2.1% of GDP, impacting trade and investment.
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RecommendedThe RBI board will meet on May 22 to consider a record surplus transfer to the government for FY27, estimated between Rs 2.7-3 lakh crore, providing fiscal support amid economic challenges.
Indian stock markets ended lower on Monday due to fag-end selling in blue-chip stocks, with the BSE Sensex falling 150 points and the Nifty50 closing below 22,500.
The newly built six-lane access-controlled Lucknow-Kanpur Expressway reduces travel time between the two cities by two hours, enhancing connectivity and economic growth.
Hazaribag's Rs 114-crore road project from Bharat Mata Chowk to Sindoor bypass gets foundation stone, promising wider roads, solar lights, and 54 beautified junctions.
Explore NRI property investment rules under FEMA, including eligible properties, taxation, documents required, and payment methods. A comprehensive guide for NRIs.
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RecommendedAustin-based TTEC has paused 401(k) matching for US employees for nine months to reduce costs during economic uncertainty, a move experts say is common during downturns.
The US has approved a $428.2 million support package for India's Apache helicopters and M777 howitzers, boosting defence ties between New Delhi and Washington.
Discover how annuities can secure your retirement income. Learn about types like immediate and deferred annuities, their benefits, and how to choose the right plan for a stable financial future.
The Indian rupee fell to an all-time low of 96.52 against the US dollar on Thursday, breaching the 96.60 mark in intraday trade. Persistent dollar demand and weak Asian currencies weighed on the rupee.
India's ambitious plan to add 100,000 daily piped natural gas connections faces hurdles, with only 8,000-10,000 added daily due to manpower shortages and weak demand.
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RecommendedUnderstanding your spending patterns is crucial for wealth building. Expense trackers and AI tools reveal hidden habits. A CGAP survey shows 85% of Indian PFM app users improved financial management.
ICRA has lowered India's GDP growth forecast for FY27 to 6.2% due to rising oil prices amid the West Asia crisis. For FY26, growth is estimated at 7.5%.
PepsiCo plans to invest up to Rs 5,700 crore in India by 2030, focusing on expanding manufacturing capacity for its foods business in Madhya Pradesh, Assam, and Tamil Nadu.
Small garages across India are adapting to service electric vehicles, offering affordable repairs and helping drive EV adoption.
Bisleri introduces limited edition 'Karuppu' packs featuring actor Suriya, blending brand appeal with regional celebrity endorsement to boost market presence in Tamil Nadu.
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RecommendedIndian equity markets ended marginally lower on Wednesday as inflation concerns weighed on sentiment. However, IT stocks gained, providing some support to the indices.
Rouble Nagi, winner of the Gems Education Global Teacher Prize 2026, met King Charles III at Buckingham Palace, highlighting his contributions to education and community development.
IFS officer Ashutosh Kumar shares the SEWA mantra for children preparing for civil services and national service, emphasizing service, education, wisdom, and action.
Indian Railways has approved Rs 2,193 crore for three major infrastructure projects aimed at enhancing safety, capacity, and suburban connectivity across the country.
Meritshot's investment banking programme is driving India's finance career revolution, equipping professionals with practical skills and industry certifications to meet growing demand.
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RecommendedAdvocate Eesha Agarwal has been appointed as the National Women Working President during the 9th Foundation Day Jalosh Melava event, marking a significant milestone for women's leadership.
Capital appreciation in NCR micro markets has surged up to 98%, driven by infrastructure projects and demand. Noida Extension leads with 98%, followed by Dwarka Expressway and Sohna Road.
The Indian Navy has selected Bengaluru-based Tonbo Imaging to integrate a High Power Microwave system under the ADITI 3.0 framework, boosting directed-energy capabilities.
The US-Israeli war with Iran has caused at least $25 billion in losses for global companies due to rising oil prices, disrupted trade routes, and higher operating costs.
Gold futures in India climbed on Wednesday as spot demand picked up ahead of the festive season, with MCX gold for October delivery rising 0.3% to Rs 58,200 per 10 grams.
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RecommendedEmkay Global Financial Services maintains a bullish stance on Indian equities, projecting the Nifty 50 to reach 29,000 by 2027, driven by strong economic fundamentals and corporate earnings.