1775559906 ai generated image used only for representational purpose.jpg

Kuwait revenues slip, Iraq exports hit, Saudi gains windfall: How Hormuz blockade is reshaping Gulf oil fortunes

The Middle East conflict, now in its sixth week, continues to send shockwaves across the world. From energy supply disruptions to rising fuel prices, several countries are being forced into emergency measures such as work-from-home policies and cost hikes. Meanwhile, the Gulf region is witnessing a split oil reality! While for some producers, soaring crude…

Read More
1774604852 unnamed file.jpg

RIL shares fall over 4% as windfall tax returns on fuel exports; Rs 82,000 crore wiped off market value

Shares of Reliance Industries Ltd (RIL) fell more than 4% on Friday after the government reintroduced windfall taxes on diesel and aviation turbine fuel (ATF) exports, eroding over Rs 82,000 crore from the company’s market capitalisation in intra-day trade.At 3:30 pm, shares of Reliance Industries Ltd were trading at Rs 1,350.80, down Rs 62.30 or…

Read More
Auqib nabi.jpg

Auqib Nabi plans to build a cricket academy in Baramulla after IPL windfall of Rs 8.40 crore | Exclusive

Auqib Nabi had a brilliant season for Jammu & Kashmir and was on the radar of multiple franchises. Auqib Nabi’s rise has been nothing short of inspirational. Once borrowing spikes for trials, the 29-year-old fast bowler has now bagged an Indian Premier League (IPL) contract worth ₹8.40 crore at the mini-auction held in Abu Dhabi…

Read More
1762137657 team india.jpg

Rs 51 crore windfall! BCCI announces historic reward for World Cup-winning Indian women’s team | Cricket News

Team India (Pic credit: BCCI) NEW DELHI: In a grand gesture celebrating India’s greatest moment in women’s cricket, the Board of Control for Cricket in India (BCCI) has announced a record-breaking Rs 51 crore cash reward for the triumphant Indian team that lifted the ICC Women’s World Cup 2025 on Sunday in Navi Mumbai. The…

Read More
1757847546 unnamed file.jpg

IPO windfall: IFC set to reap 13x gains in Tata Capital listing; World Bank arm trims stake

The International Finance Corporation (IFC) is poised to book hefty returns from Tata Capital’s upcoming $2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to partially exit its investment in the non-banking finance company.According to the updated draft red herring prospectus (DRHP), IFC will offload 3.58 crore shares in…

Read More