Fuel-hit Russia bought gasoline produced by India’s Nayara Energy via traders: Report

Russia bought gasoline produced by Nayara Energy through international traders (Representative image) Russia reportedly bought gasoline produced by Nayara Energy through international traders as it deals with fuel shortages caused by Ukrainian attacks on its energy infrastructure.The identity of the supplier comes a day after Reuters reported that Russia had started importing gasoline from India … Read more

Carlsberg files IPO papers confidentially

MUMBAI: Danish brewer Carlsberg has confidentially filed draft IPO papers for its India unit with markets regulator Sebi earlier this week, the company said. “The progress and timing of the potential IPO will depend on a number of factors, including the regulatory review and approvals, as well as prevailing market conditions,” a global spokesperson said … Read more

Govt expects pick-up in economy as West Asia situation improves

NEW DELHI: With the situation in West Asia improving and oil prices falling, govt expects a pick-up in the economy, amid economic indicators pointing to a strong momentum in first quarter.“The economic indicators released by the govt continue to underline resilience of Indian economy despite global uncertainties. Strong GDP growth, expanding manufacturing and services activity, … Read more

Adani, IHC join hands for $11.5 billion aluminium project

MUMBAI: Abu Dhabi’s International Holding Company, which emerged as a key backer of the Adani Group following the Hindenburg-induced market turmoil in 2023, is deepening its partnership with the conglomerate through an $11.5 billion integrated aluminium project in Odisha.The partners have formed an equal joint venture to build a sprawling aluminium complex comprising a four-million-tonne … Read more

US stock market today: Wall street trades mixed after job data release; Dow jumps 400 points, Nasdaq trades flat

Wall Street traded mixed on Thursday after a weaker-than-expected US jobs report strengthened expectations that the Federal Reserve could hold off on raising interest rates at its upcoming meeting.Around 8:15 PM IST, the Dow Jones Industrial Average gained 392.58 points, or 0.75%, to trade at 52,697.82. The S&P 500 also edged higher, rising 18.27 points, … Read more

Japan’s Rs 1 trillion investment push in India: PM Modi and Japanese PM Sanae Takaichi unveil initiatives to boost ties

PM Narendra Modi and Japanese Prime Minister Sanae Takaichi. (ANI photo) India and Japan on Thursday announced a series of major initiatives, including a new economic partnership framework, a defence agreement for the joint development of military equipment, and measures to deepen cooperation in the energy sector to strengthen resilience against oil supply disruptions. The … Read more

Air India Express restores Middle East flights: Check routes, destinations and schedules

Air India Express has fully restored its Middle East operations, bringing back services to Kuwait and Salalah, ending the suspension of flights to the last remaining destinations in the region. The airline resumed flights on the Kozhikode-Salalah sector from July 2, while services between Kozhikode and Kuwait are set to restart from July 3. Flights … Read more

FPIs continue to exit India: June equity outflows hit Rs 49,340 crore as debt inflows persist

Foreign investors continued to exit Indian equities for yet another month, with June witnessing withdrawals of Rs 49,340 crore $5.16 billion), as global and domestic factors continued to weigh on investment sentiment.The latest sell-off has pushed cumulative Foreign Portfolio Investor (FPI) outflows from Dalal Street to Rs 2.7 lakh crore in 2026 so far, according … Read more