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Oil prices rose sharply on Wednesday, triggered by America’s fresh sanctions on Russian oil companies.Brent crude futures jumped $3.03, or 4.94%, to $64.35 a barrel, while US West Texas Intermediate (WTI) crude added $1.42, or 2.43%, to $59.92 after the settlement at 6 PM EDT (2200 GMT). Earlier, Brent had settled $1.27 higher at $62.59…
Vladimir Putin and Donald Trump (R) The United States announced to impose one of its largest-ever sanctions packages against Russia after Treasury Secretary Scott Bessent accused Vladimir Putin of failing to engage “honestly” in talks with President Donald Trump.“President Putin has not come to the table in an honest and forthright manner, as we’d hoped,”…
The United States on Wednesday announced sanctions on two biggest Russian oil companies in a bid to pressurize Moscow to “immediately agree to ceasefire“.“Now is the time to stop the killing and for an immediate ceasefire. Given President Putin’s refusal to end this senseless war, Treasury is sanctioning Russia’s two largest oil companies that fund…
Repriced and repacked! Your biscuit, shampoo and water bottles will now be bigger!Remember when a Rs 5 Parle-G pack or a Rs 20 Bisleri bottle felt like such a steal, giving you more than you expected?Those days could soon be back as FMCG companies are planning to bring back these familiar price points by mid-November,…
Private security firms are expected to be in high demand to protect players, team officials, delegations and tourists in Mexico during the 2026 World Cup. (Getty Images) Mexican security firms are gearing up to provide armoured vehicles and protection services for wealthy tourists during the 2026 FIFA World Cup, which Mexico will co-host with the…
Several UK businesses are viewing the India-UK Free Trade Agreement (FTA) as a “game-changer”, accelerating expansion plans and prompting many firms without a presence in India to enter the market, according to a new report by Grant Thornton.The ‘International Business Report’ (IBR) found that 72 per cent of UK firms now consider India a key…
Indian stock markets ended the week on a high, lifting the combined valuation of seven of the top 10 most valuable companies by over Rs 2.16 lakh crore. Reliance Industries and Bharti Airtel led the charge, reflecting a broadly optimistic trend in equities.The BSE benchmark jumped 1,451 points, or 1.75%, signalling investor confidence.Among the top…
Indian pharmaceutical companies are increasingly setting their sights on the Russian market, exploring opportunities to establish production facilities across various regions there. This development was highlighted by Sergey Cheremin, Moscow Government Minister and Head of the Department for External Economic and International Relations, during the “TIME: Russia-India. Mutual Efficiency” forum.Cheremin revealed that productive negotiations are…
Stock market: Dalal Street witnessed strong momentum last week as the combined market capitalisation of eight of India’s top 10 most-valued companies rose by Rs 1.94 lakh crore, reflecting renewed investor optimism.Tata Consultancy Services (TCS) emerged as the biggest gainer, while Hindustan Unilever and Life Insurance Corporation of India (LIC) saw declines in their valuations,…
US agencies have imposed sanctions against eight Indian nationals and 10 companies for links with Iranian oil trade. As part of the latest round of global sanctions, the US state department’s actions were against 40 individuals, entities and vessels, while the US treasury acted against 60 entities. On the US treasury’s office of foreign assets…
