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Singapore will soon introduce a sustainable aviation fuel (SAF) levy of up to S$41.60 (around $31.95 or Rs 3,690) per passenger beginning next year, marking a significant step in its efforts to reduce carbon emissions in the aviation sector. The Civil Aviation Authority of Singapore (CAAS) announced that the levy will apply to tickets sold…
Russian Urals crude’s price differential to Brent has increased by $2 to approximately $4 per barrel for December deliveries. (AI image) Donald Trump’s sanctions on two of Russia’s major oil firms seems to have had the impact that the US was looking for. China and India, two of the largest purchasers of Russian crude oil,…
Even as Indian refiners are expected to adhere to the sanctions, they are also expected to continue procurement of Russian crude from non-sanctioned firms. (AI image) Despite US President Donald Trump’s pressure on India to stop purchasing crude oil from Russia, state-run Indian Oil Corporation has placed an order for five cargoes scheduled for December…
This Diwali, consumers have shown growing enthusiasm for premium electronics, spending on costlier smartphones, large-screen TVs, and high-end home appliances. From Navratri through the festival of lights, sales of smartphones priced above Rs 30,000 reached an all-time high, while 43-inch televisions surpassed the long-favourite 32-inch models for the first time, according to industry analysts and…
NEW DELHI: The high prices of gold and silver somewhat dampened buyer sentiments this Dhanteras as people purchased more on expectations of a further surge, even as cars, two-wheelers and consumer electronics such as televisions saw strong buying on the day considered auspicious for new purchases. Car deliveries, which peak during Dhanteras, however, were impacted…
Dhanteras 2025 is turning into a record-breaking festival for Indian retailers, with strong demand across automobiles, electronics, and jewellery.Maruti Suzuki India expects to cross the 50,000-unit mark over the two-day festival, marking its highest-ever Dhanteras sales, said senior executive officer, marketing & sales, Partho Banerjee. “We are expecting around 41,000 deliveries today, with another 10,000…
File photo: PM Modi and US President Donald Trump (Pictur ecredit: PTI, AP) TOI correspondent from Washington: US President Donald Trump on Wednesday claimed he has an assurance from Prime Minister Narendra Modi that New Delhi is tapering down its purchase of Russian oil to help stop the Russia-Ukraine war, even as an Indian trade…
China on Thursday defended its ongoing purchases of Russian oil, calling them “legitimate” and criticising what it described as “unilateral bullying” by the United States. The remarks come after US President Donald Trump on Wednesday said that PM Modi had assured him New Delhi would stop buying Russian oil and signalled intentions to pressure China…
