RIL stops Russian oil imports for export refinery
Reliance Industries stops importing Russian crude for its export-focused refinery to comply with EU ban on Russian-origin petroleum products. RIL accounts for half of India's Russian oil imports.
Category : Business
Mumbai Airport Runway Maintenance Finished
Mumbai's Chhatrapati Shivaji Maharaj International Airport completes runway maintenance ahead of schedule. Flight operations return to normal with enhanced safety measures.
NHAI's Public InvIT to Raise ₹7,000-8,000 Crore
India's NHAI launches first public infrastructure InvIT, enabling retail investors to fund national highways. Expected to raise ₹7,000-8,000 crore by March.
Gold Falls to $4,062 Amid US Employment Data Uncertainty
Gold futures dropped to $4,062 per ounce as mixed US jobs data and Fed policy uncertainty create market caution. MCX gold fell ₹752 to ₹122,299. Expert analysis reveals key support levels.
Tesla's $26 Billion Risk in Musk Pay Package Dispute
Tesla confronts a massive $26 billion profit threat as Delaware Supreme Court decides Elon Musk's 2018 compensation. Learn how this could impact Tesla's financial future.
Nifty Hits 13-Month High: Will the Rally Last?
Nifty surges to a 13-month peak, driven by heavyweight stocks and US trade deal optimism. Experts analyze if this stock market rally has more steam. Read more.
ED Attaches Anil Ambani Assets Worth ₹1,452 Crore
Enforcement Directorate attaches assets worth ₹1,452 crore belonging to Anil Ambani in money laundering case linked to Yes Bank fraud. Read full details of the investigation.
Reliance stops Russian oil use due to EU sanctions
Reliance Industries ceases Russian oil imports at export-focused refinery to comply with EU sanctions. Key market pressure forces strategic shift in crude sourcing.
Musk's $56B Pay Package Could Wipe Out Tesla Profits
Elon Musk's record-breaking 2018 compensation package faces legal challenges that could erase years of Tesla's profits. Analysis reveals staggering financial implications.
Verizon Cuts 13,000 Jobs in Largest Workforce Reduction
Verizon announces elimination of 13,000 positions amid competitive pressures. CEO cites need to streamline operations. Discover how this impacts telecom industry.
India-Israel Begin Free Trade Agreement Talks
India and Israel sign terms of reference to begin comprehensive free trade agreement negotiations, boosting bilateral trade beyond current $10 billion. Historic economic partnership grows.
Reliance Infrastructure Creates Management Board
Reliance Infrastructure establishes Board of Management to enhance corporate governance and operational efficiency. Key leadership appointments announced for strategic oversight.
ED Attaches ₹1,452 Crore in RCom Money Laundering Case
India's ED attaches ₹1,452 crore properties of Reliance Communications in a money laundering probe. Get the latest updates on the RCom fraud case and its implications.
Reliance Stops Russian Oil Imports from Nov 20
Reliance Industries ceases Russian oil imports for its export-only refinery from November 20. All December exports will use non-Russian crude. Get the full story on this major energy shift.
Core Infrastructure Growth Stagnates at 0.1% in March
India's core sector output growth hits 14-month low at 0.1% in March 2024. Coal and natural gas production decline while refinery products show modest growth. Discover the full impact on economy.
Verizon Cuts 13,000 Jobs in Major Restructuring
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Pro Fin Capital Shares Jump 8% on Key Updates
Pro Fin Capital Services' stock surged over 8% on Thursday after 25% stake sale news and upcoming bonus issue. Read analysis and market implications for investors.
RBI: Guarded Stance on Crypto as Digital Payment Systems Grow
RBI Governor Sanjay Malhotra explains India's cautious approach to cryptocurrencies while accelerating support for UPI, NEFT, and digital rupee. Learn why India's payment systems differ from the US.
UK Minister Seema Malhotra Visits India to Boost FTA
UK's Indo-Pacific Minister Seema Malhotra begins 3-day India visit to strengthen trade ties, advance FTA implementation, and announce Women in STEM scholarships. Bilateral trade hits $23.1 billion.
Nvidia's Strong Earnings Boost Wall Street Rally
Wall Street surged as Nvidia's blockbuster earnings and a robust US jobs report fueled a massive rally in AI stocks and market indices. Discover the key figures driving this growth.
Saudi Arabia's Economic Shift Attracts Global Titans
Saudi Arabia's Vision 2030 transforms its economy, attracting top CEOs like Mukesh Ambani and Gautam Adani for massive deals. Discover how the kingdom is rewriting global business rules.
India's core infrastructure growth stalls at zero in October
India's eight core sectors recorded zero growth in October 2024, marking the weakest performance in 14 months. Four key sectors contracted while manufacturing shows resilience. Read full analysis.
Trai's 1600 Number Series Mandate for BFSI Sector
Trai mandates 1600 number series for BFSI sector to combat spam and fraud. Implementation starts January 2026. Learn how this protects consumers from financial scams.
Amazon's $2.5B FTC Settlement: Prime Refunds Begin
Amazon begins automatic refunds for millions of Prime users after a historic $2.5 billion FTC settlement. Find out if you are eligible and how to claim your money back.
Self-employment surges to 35.8 crore jobs in India
India's self-employment sector grows 7% annually, creating 35.8 crore jobs by FY24. Discover opportunities and what this means for future job seekers in our comprehensive analysis.
Globus Spirits Approves ₹500 Crore QIP Fundraising
Globus Spirits board approves ₹500 crore fundraising through qualified institutions placement. The alcohol beverage company plans equity share issuance to fuel growth plans. Read more for stock performance analysis.
India's Strong Economy Strengthens US Trade Position
India approaches US trade negotiations with renewed confidence as exports show surprising resilience despite 50% tariffs. Learn how economic strength and strategic measures are shaping the deal.
India's GST Potential: Rs 4-5 Lakh Crore Monthly
SBI's Soumya Kanti Ghosh reveals India's GST collections could double to Rs 4-5 lakh crore monthly by closing tax loopholes. Discover the growth trajectory and future projections.
Bengaluru techie shocked by Rs 1 lakh rent demand
A Bengaluru product designer's viral post exposes the city's insane rental market after a landlord asked for Rs 1 lakh for a 3BHK. Read his shocking story and the public reaction.
US tariff cuts boost Indian agricultural exports
The US has removed reciprocal tariffs on over 200 food items, benefiting Indian farmers and exporters. This move levels the playing field for $1B+ annual exports of spices, tea, and fruits. #IndiaExports
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