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Private refiners RIL and Nayara Energy, have increased their uptake. Representational file image. | Photo Credit: Reuters Indian refiners processed a total of 22.3 million metric tonnes (MMT) in November, 2.3% higher than the comparable period last year, according to data from the Petroleum Planning and Analysis Cell (PPAC). Of the total share, state-owned refiners…
Sanjeev Chopra | Photo Credit: KAMAL NARANG The government is working to amend the Sugar Control Order and further align it with the requirements of the industry at present, Secretary (Food) at the Ministry of Consumer Affairs, Food and Public Distribution Sanjeev Chopra said Thursday. Whilst mentioning initiatives from the government at the annual general…
Benchmark stock indices Sensex and Nifty closed lower for the fourth consecutive day on Thursday (December 18, 2025) amid a muted trend in global markets and uncertainty over a trade deal with the U.S. Falling for the fourth day, the 30-share BSE Sensex shed 77.84 points or 0.09% to settle at 84,481.81 in a volatile…
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This image is used for representational purpose only. | Photo Credit: Reuters The rupee appreciated 12 paise against the U.S. dollar on Thursday (December 18, 2025), despite the broad strength of the American currency in the overseas market on suspected intervention by the Reserve Bank of India (RBI). Forex traders said Brent crude oil prices…
Read More “Rupee rises 12 paise to close at 90.26 against U.S. dollar” »
India and Oman signed a free trade agreement on Thursday (December 18, 2025), which will provide duty free access to 98% of India’s exports including textiles, agriculture and leather goods in Oman. On the other hand, India will reduce tariffs on Omani products such as dates, marbles and petrochemical items. The deal is expected to…
Image used for representation | Photo Credit: Reuters Cyient Semiconductors on Wednesday (December 18, 2025) said it will be acquiring, through a subsidiary, a majority stake in U.S. firm Kinetic Technologies for $93 million. Cyient Semiconductors Singapore, the subsidiary, has entered into a definitive agreement to acquire a majority stake exceeding 65%. Kinetic is a…
British company Colebrook Bosson Saunders (CBS), a designer, manufacturer and distributor of ergonomic products for office/IT workers and having a manufacturing facility in India “is witnessing growth in the Indian market as the country’s premium workplace design market is evolving rapidly with rising demand for better office ergonomics,” said it’s managing director. “We grew 128% in…
Read More “British firm Colebrook Bosson Saunders eyes India as potential ergonomics market” »
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Prime Minister Narendra Modi, centre, at the Oman-India Business Forum, in Muscat, Oman. Other officials and leaders are also present. Source: X/@MEAINDIA Prime Minister Narendra Modi on Thursday (December 18, 2025) said the Comprehensive Economic Partnership Agreement (CEPA) between India and Oman will give new confidence and energy to the bilateral relations. Speaking at the…
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Representational image of immigration counters at Kempegowda International Airport, Bengaluru | Photo Credit: G.P. Sampath Kumar The government on Wednesday (December 17, 2025) said it has simplified and streamlined the process for domestic companies to seek e-visas for foreign professionals, including engineers and technical experts, whose services are required for machine installation, quality checks, training…