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OPEC, generally more optimistic in its reports, expects global oil demand to increase by 1.3 million barrels a day in 2025 and by another 1.4 million in 2026. File | Photo Credit: Reuters Saudi Arabia, Russia and six other members of OPEC+ on Sunday (October 5, 2025) decided to raise their production quotas by 137,000…
Read More “OPEC+ to raise oil production by 137,000 barrels a day in November” »
File photo of Union Commerce and Industry Minister Piyush Goyal. As the India-European Union set to begin trade talks from October 6, Mr. Goyal had recently expressed hope that the two sides will sign the agreement soon. | Photo Credit: ANI Senior officials of India and the 27-nation European Union (EU) will commence the next…
Read More “India, EU to begin next round of talks for trade pact from Oct. 6 in Brussels” »
Image used for representative purpose only. | Photo Credit: Reuters The combined market valuation of seven of the top-10 most valued firms climbed ₹74,573.63 crore in a holiday-shortened last week, with HDFC Bank emerging as the biggest gainer in line with a positive trend in equities. Last week, the BSE benchmark climbed 780.71 points or…
Read More “Mcap of 7 of top-10 most valued firms climbs ₹74,573 crore; HDFC Bank biggest gainer” »
Vedanta is planning to invest ₹13,226 crore over the next few years for this expansion. File Anil Agarwal-led Vedanta Ltd plans to pump in ₹13,226 crore to ramp up its aluminium capacity to 3.1 million tonnes per annum (MTPA) by FY28, sources said. The current capacity of the company is 2.4 MTPA. Vedanta Ltd is…
Read More “Vedanta plans to invest ₹13,226 crore to ramp up aluminium capacity” »
Ambuja Cements Limited plans to set up the cement grinding unit within the industrial estate of Gangavaram Port. File | Photo Credit: The Hindu Ambuja Cements Limited, a part of the Adani Portfolio, is set to set up a cement grinding unit within the industrial estate of Adani Gangavaram Port. Also Read | HRF demands…
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Union Finance Minister Nirmala Sitharaman along with other dignitaries during the launch of the Nationwide Awareness Campaign of Unclaimed Financial Assets, in Gandhinagar on Saturday (October 4, 2025). | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman on Saturday (October 4, 2025) said financial assets worth ₹1.84 lakh crore were lying unclaimed with banks and…
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On Thursday (October 2, 2025), the Ministry of External Affairs announced that India and China had agreed to resume direct flights from October 26. File | Photo Credit: AFP The green signal from the Centre on resumption of flights between India and China from October 26 after a gap of five years comes even as…
Read More “Talks continue as India and China plan to restart flights from October 26” »
The CBI said it had registered a complaint after the State Bank of India claimed a loss of ₹2,929.05 crore resulting from alleged misappropriation by Reliance Communications and Anil Ambani. File. | Photo Credit: PTI The Bombay High Court on Friday (October 3, 2025) dismissed a petition filed by industrialist Anil Ambani challenging the State Bank…
Image for representation | Photo Credit: Getty Images The rupee depreciated 7 paise to close at 88.78 (provisional) against the U.S. dollar on Friday (October 3, 2025), near its all-time low level, on dollar demand from importers and persistent foreign fund outflows. Forex traders said the USD/INR pair is hovering around its all-time low level,…
Read More “Rupee falls 7 paise to close at 88.78 against U.S. dollar” »