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India’s aviation sector is likely to face deeper financial turbulence, with net losses expected to rise to Rs 95-105 billion in FY2026, compared with Rs 55 billion in FY2025, according to credit rating agency ICRA. The agency attributed the projected widening of losses to slower passenger growth, higher operational costs, and the impact of elevated…
For most Indian households, gold represents safety — a store of value kept securely in lockers. But increasingly, more Indians are discovering how to make idle gold work through loans, monetisation schemes, leasing options, and even digital gold funds.According to a Morgan Stanley report, cited by ET, Indian households collectively hold 34,600 tonnes of gold,…
For most Indian households, gold represents safety — a store of value kept securely in lockers. But increasingly, more Indians are discovering how to make idle gold work through loans, monetisation schemes, leasing options, and even digital gold funds.According to a Morgan Stanley report, cited by ET, Indian households collectively hold 34,600 tonnes of gold,…
Countries around the world are growing increasingly cautious about maintaining sovereign assets abroad. (AI image) India’s gold reserves are increasingly being stored in the country – a significant move in an era where countries use financial warfare to mount pressure and settle scores. The Reserve Bank of India (RBI) has intensified its efforts to transfer…
Representative image (AP) Approximately 2,000 jobs are at risk after Petrofac, one of the largest oil and gas contractors in the North Sea, filed for administration.According to a report by Guardian, the company said it has approached the High Court of England and Wales to appoint administrators after losing a key offshore wind contract, which…
File photo: Union minister Hardeep Singh Puri (Picture credit: PTI) Union petroleum and natural gas minister Hardeep Singh Puri on Tuesday said there is sufficient crude oil supply in the global market and disruptions in one source can be offset by alternative streams. Speaking at an interactive session, Puri asserted that “trade is not governed…
US stocks hovered around record levels on Tuesday as investors awaited key events, including the Federal Reserve’s policy decision and an upcoming meeting between President Donald Trump and Chinese President Xi Jinping.In morning trade, the S&P 500 rose 0.1 per cent, while the Dow Jones Industrial Average gained 190 points, or 0.4 per cent, and…
For years, Lululemon has been the unofficial uniform of the yoga studio — stretchy, sleek, and quietly elite. Now it’s suiting up for Sunday football. The Canadian brand has teamed up with the NFL and Fanatics to launch a new line of officially licensed apparel and accessories for all 32 teams, marking its boldest leap…
File photo (Picture credit: AP) Apple has reached a historic milestone, becoming the third Big Tech company to cross $4 trillion in market value, driven by strong demand for its latest iPhone lineup.The company’s shares were last up 0.2 per cent at $269.2 in early trading on Tuesday, marking a record high, reported news agency…
Indian oil refiners, including Indian Oil Corporation (IOC), may not completely halt purchases of Russian crude despite fresh US sanctions, as the measures target specific Russian suppliers rather than the oil itself. Officials said that while four Russian oil companies have been sanctioned so far, India’s largest supplier, Rosneft, which handles nearly 45 per cent…
