Latest News, Updates & Breaking Headlines
Mumbai: Finance minister Nirmala Sitharaman on Saturday signalled fresh Covid-era style policy support to cushion the impact of the West Asia conflict, while urging India Inc to step up investment and replace imports with domestic manufacturing.At the ET Awards for Corporate Excellence, Sitharaman said the govt is working on support measures for sectors hit by…
RIl Q4 FY26 results: Mukesh Ambani-led Reliance Industries reported a decline in its consolidated net profit for the fourth quarter of 2025–26, even as revenue registered year-on-year increase. The dip came amid the ongoing Middle East crisis, which has choked the firm’s primary oil and chemicals business, offsetting gains in consumer-facing telecom and retail units….
MUMBAI: Two years after one of India’s most storied business dynasties, Godrej Group, split, Godrej Industries Group (GIG) is targeting 15% annual growth over five years and preparing to list more businesses as incoming chairman Pirojsha Godrej charts its next phase.GIG, with sales of Rs 57,300 crore, also plans to expand a nascent pet care…
A unit of Reliance Industries has reportedly started loading a 2-million-barrel shipment of Venezuelan crude. The oil has directly procured from state-run oil firm Petróleos de Venezuela, SA (PDVSA), according to a company document and shipping data on Monday, cited by Reuters.Reliance Industries secured a US general licence in February 2026, following an application in…
NEW DELHI: The price of commercial LPG cylinders rose by over 10% on Wednesday, from Rs 1,883 to Rs 2,078 in the national capital, reflecting the surge in global gas prices amid the military conflict in energy-rich West Asia.The 19-kg LPG cylinder is largely used by industries and eateries, and domestic consumers, who use 14.2-kg…
Silicon Valley’s biggest defence tech companies are reportedly joining US President Donald Trump’s Golden Dome anti-missile shield project. A report citing people familiar with the matter said that Anduril Industries and Palantir Technologies are part of the group developing software for the Golden Dome project. According to a report by The Wall Street Journal, this…
Last Friday, the Donald Trump administration granted a 30-day waiver on sanctions for Iranian oil already in transit. (AI image) With the US waiving sanctions on Iran oil, Reliance Industries has reportedly bought 5 million barrels of Iranian crude. Reliance runs the world’s largest refining complex. The effective closure of the Strait of Hormuz has…
Indian firms on Tuesday curtailed natural gas allocations to industrial consumers amid expectations of supply constraints. (AI image) Middle East war impact: Indian buyers of liquefied natural gas are currently looking at alternative sourcing strategies to make up for disrupted supplies from Qatar, after the Gulf producer halted output in the wake of an Iranian…
MUMBAI: Reliance Industries (RIL) has acquired a 50.1% stake in Oscar-winning producer Guneet Monga Kapoor’s Sikhya Entertainment for Rs 150 crore. The acquisition has been routed through Reliance Strategic Business Ventures, a wholly owned subsidiary of RIL. The investment strengthens the content portfolio of Jio Studios, RIL’s media and entertainment arm, which has produced over…
First Lady Melania Trump has spoken on the shifting landscape of work and education as the rapid advancement of artificial intelligence (AI) technology has sparked concern over job displacement. She said that while the technology is hollowing out traditional roles rooted in memorisation, it is also elevating a new set of human skills to be…
