The push for wider PNG adoption gathered pace during the Middle East conflict earlier this year. (Image for representative purpose only) Looking to push for faster adoption of piped natural gas (PNG), the government has introduced an additional incentive for city gas distributors to expand household piped-gas networks. The scheme offers 200 standard cubic metres…
The 30-year Treasury yield, which recently reached its highest level since 2007, declined more sharply. US stock market today: Wall Street edged higher on Wednesday after the US Treasury Department said it could increase its purchases of government bonds, easing some of the pressure that has been weighing on financial markets globally. The market also…
Analysts and traders aid refiners in both countries are likely to continue earning billions of dollars from stronger exports. (Representative image) With global fuel supplies disrupted due to the Middle East crisis and Russia-Ukraine war, refiners in India and the US have emerged as beneficiaries. Oil refiners in the two countries are benefitting significantly as…
File photo: Moscow pumps face queues amid fuel shortages (Picture credit: Reuters) Russia is importing nearly 270,000 metric tonnes of refined fuel from Asia this month, using ship-to-ship transfers to bring in supplies as repeated Ukrainian attacks on its oil refineries reduce domestic fuel production, according to preliminary shipping data and trade sources cited by…
US exports from India stood at $87.31 billion in 2025-26, up from $86.51 billion in 2024-25. India’s dependence on the US as its biggest export market has remained largely unchanged despite President Donald Trump’s tariff measures and New Delhi’s efforts to diversify trade, according to an analysis of commerce ministry data.The US accounted for around…
Assessments under Section 144B of the Act are often described as both “faceless” and “jurisdiction-less”. India’s faceless assessment regime is an important part of a broader strategy to move away from manual, officer-led discretion-based scrutiny to a technology-led standardised and transparent tax administration. It significantly reduces the need for in-person meetings, improves accountability, and ensures…
The projects are expected to add 410 km to the railway network, connect 6,448 villages and enable 76 million tonnes of additional freight traffic annually. The Union Cabinet on Tuesday approved five infrastructure projects worth a total of Rs 13,041 crore, including four railway multitracking projects costing Rs 9,450 crore and the four-laning of an…
ETF inflows, central-bank buying and softer US data are keeping the medium-term setup constructive. Gold price prediction today: Gold prices are seeing positive momentum, and while volatile, the near-term outlook remains optimistic, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold gained around 0.7% last week and extended the…
Indian equities have declined over the past two weeks despite a brighter earnings outlook. India’s stock market, among the worst performing this year, has now replaced Indonesia to become the ‘least-favoured’ stock market in India, as per a fund managers’ survey by Bank of America Corp. This signals growing investor caution for the Indian stock…
Brent futures have risen by around $10 a barrel over the past two weeks, moving above $91 a barrel on Tuesday. Indian refiners are getting crude at high premiums, a contrast to the situation a few weeks ago when global oil prices had dropped. In fact, the price that Indian refiners are paying for crude…
