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India fell to third place among buyers of Russian fossil fuels in December 2025 after sharp cuts in crude oil imports by Reliance Industries and state-owned refiners, a European think tank said on Tuesday.According to data from the Centre for Research on Energy and Clean Air (CREA), India’s total imports of Russian hydrocarbons stood at…
Eternal-owned quick commerce platform Blinkit has removed its long-promoted “10-minute delivery” claim from all platforms, amid growing concerns over the safety and welfare of delivery workers.According to news agency PTI, the company has revised its tagline from “10,000+ products delivered in 10 minutes” to “30,000+ products delivered at your doorstep”, signalling a shift away from…
Union budget 2026 (ANI image) The Federation of Associations of Cottage and Small Industries (FACSI) has requested the central government to provide tax, credit and regulatory relief measures for micro and small enterprises (MSEs) in the 2026-27 Union Budget, aiming to sustain growth and strengthen their role in India’s industrial ecosystem.In a pre-budget letter to…
Gold prices remained firm across major Indian cities on Tuesday, while silver surged to fresh record highs amid global uncertainty and safe-haven buying.The yellow metal eased slightly after scaling record highs. On the MCX, February gold slipped Rs 196 or 0.14%, to Rs 1,41,836 per 10 grams. In overseas markets, Comex gold fell 0.33% to…
Global financial services major JP Morgan has leased nearly 2.7 lakh sq ft of office space in Mumbai’s Powai. The deal involves rental payments of over Rs 612 crore over five years, making it one of India’s largest enterprise flexible workspace leases.The office space has been leased by JP Morgan at One Downtown Central, formerly…
Ashwini Vaishnaw (ANI image) India on Monday participated in the Finance Ministerial on Securing Critical Minerals Supply Chains hosted by US Treasury Secretary Scott Bessent in Washington. Union Minister for Railways, Information & Broadcasting and Electronics & IT Ashwini Vaishnaw represented the country in the high-level meeting. New Delhi underlined its strong commitment in building…
IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…
If Budget 2026 is to accelerate growth meaningfully, it must leave more money in the hands of taxpayers. (AI image) By Umesh Kumar JethaniAs India pushes towards the $5-trillion economy milestone, the Union Budget 2026 has a pivotal opportunity to fuel this growth. Consumption remains the most reliable engine of the Indian economy. Yet, rising…
Representative image (AI) There has been widespread confusion among bank customers over January bank holidays, particularly around Lohri and Makar Sankranti. Many are unsure whether banks will be closed today or tomorrow.As per the Reserve Bank of India (RBI) holiday calendar, bank holidays vary from state to state, depending on regional festivals and observances. This…
Bharat Coking Coal (BCCL) IPO entered its third and final day on Tuesday, continuing to attract strong investor interest. The Rs 1,071-crore issue is currently commanding a grey market premium (GMP) of Rs 11, indicating nearly 46% gains over the upper price band of Rs 23 ahead of its listing.The GMP reflects strong positive sentiment…
