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The venture includes a crude oil filling expense of $1.25 billion (Rs 11,020 crore) at present rates. (AI image for representative purpose) India is looking to build its first-ever private sector strategic petroleum reserve in the next five years. The massive Rs 5,700 crore project contract has been awarded to Megha Engineering & Infrastructures Ltd.According…
Russian President Vladimir Putin stressed the need for Russia’s economic growth to outpace global rates during a conference addressing financial matters.At the conference, Putin highlighted how the country’s fiscal stability and execution of initiatives and schemes are directly linked to its economic performance. “It is obvious that the stability of public finances, the implementation of…
Railway equities experienced a significant uptick on Monday, driven by numerous contract wins and government capital expenditure initiatives.Ircon International saw a 6.8% rise, whilst RailTel Corporation of India increased by 6.5%. Rail Vikas Nigam and Jupiter Wagons rose by 2.8% and 2.5% respectively, with Titagarh Rail Systems and Indian Railway Finance Corporation showing gains of…
ITR filing due date extension: The move came, even as the number of filed returns crossed 7.3 crore by 15 September, the highest ever. ITR filing FY 2024-25 due date extended: Amid a record surge in Income Tax Return (ITR) filings, the government has extended the deadline for Assessment Year 2025-26 by a day, pushing…
India’s unemployment rate for people aged 15 years and above eased to 5.1 per cent in August 2025, marking a second consecutive month of decline, according to the latest Periodic Labour Force Survey (PLFS) released by the ministry of statistics and programme implementation (MoSPI) on Monday.The rate had stood at 5.2 per cent in July…
This is the first face-to-face trade discussion since US President Donald Trump levied punitive tariffs on New Delhi. (AI image) India and the US are set to resume bilateral trade deal talks on Tuesday with Donald Trump administration’s Brendan Lynch, the assistant US Trade Representative for South and Central Asia, heading the delegation.This is the…
Gold is likely to rise to $3,800 (Rs 134,000) in the coming months. (AI image) Gold price prediction today: Gold rates are expected to rise in the coming months and investors would do better to buy the yellow metal on dips rather than chasing the rally, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and…
Market experts anticipate continued consolidation whilst observing the US Fed’s decisions and developments in bilateral trade discussions between India and the US. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 was near 25,100, BSE Sensex was up over 70 points. At 9:16…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Prestige, and GMR Airport:Prestige – Buy in the range between Rs 1600 & Rs 1610; Stoploss: Rs 1545; Target: Rs 1720Prestige has broken out of…
MUMBAI: RBI on Sept 15 issued new directions for payment aggregators (PAs), mandating stricter merchant vetting and extending oversight to physical payments.RBI’s directions make PAs the first line of defense against fraud by requiring stronger KYC and risk-based due diligence, with larger merchants facing tighter checks. For the first time, offline PAs handling proximity payments…
