Russian and Iranian oil producers are reportedly offering deeper discounts to compete for the same limited pool of Chinese buyers after India pulled back from purchases. Analysts say India’s imports from Russia could fall by 40 per cent from January levels, to around 600,000 barrels a day, according to a scenario from Rystad Energy, as…
More than a year into US President Donald Trump’s second term, his sweeping economic policy changes have produced a mixed outcome, with strong growth and a tech investment boom on one hand, but stalled job gains and persistent inflation concerns on the other.The uncertainty surrounding the US economic outlook has deepened further following last week’s…
In February 2026, the company secured $30 billion in its latest funding round, pushing the valuation of the Claude chatbot developer to $380 billion. (AI image) Anthropic – it’s a name that has taken the technology world by storm globally – and its impact on Indian IT stocks has been significant. Anthropic – now valued…
A 7,400 sq ft apartment at DLF The Camellias in Gurugram has been purchased by Berkshire Hathaway’s Ajit Jain. The vice-chairman overseeing insurance operations at Berkshire Hathaway, Ajit Jain, is regarded as one of Warren Buffett’s most trusted associates. The apartment has been bought for around Rs 85 crore, according to sources quoted in an…
TCS) CEO K Krithivasan (File photo) IT giant TCS encourages the use of artificial intelligence by its employees even if it affects their revenue streams, said its CEO, explaining the advantages of the firm’s approach. He described the adoption of AI as a ‘civilisational shift’.Speaking at the annual NTLF event in Mumbai, Managing Director and…
Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday after a volatile trading session, as profit-booking wiped out most of the sharp intra-day gains.The 30-share Sensex rose 50.15 points, or 0.06 per cent, to close at 82,276.07. During the day, the index had jumped 731.99 points, or 0.89 per cent, to hit 82,957.91….
Craving that solitaire ring? Now might be the perfect time. A steep drop in diamond prices is reshaping jewellery buying trends in the country, with solitaires seeing heightened demand among consumers aged 28–40, according to industry executives. Sales in this segment have surged nearly 25% year-on-year as improved affordability drives more buyers to the market.Neil…
Before US sanctions were imposed in 2019, India was the third-largest importer of Venezuelan crude. (AI image) Venezuelan crude oil flows to India again: Trading firms and purchasers of Venezuelan crude have started hiring very large crude carriers to move oil from the South American country for the first time since a supply arrangement between…
Federal Reserve governor Lisa Cook on Tuesday (local time) cautioned that artificial intelligence is beginning to reshape the US labour market in ways that could further push unemployment rates higher and limit how effectively the central bank can respond with interest rate cuts.Speaking in remarks for a national association for business economics conference, Cook said,…
Haryana’s State Vigilance and Anti-Corruption Bureau has arrested four people in connection with the Rs 590 crore fraud involving IDFC First Bank, officials said on Wednesday. Those arrested include two former bank employees and two private individuals who operate a partnership firm. The arrests were made late Tuesday as the investigation gathered pace.This follows the…
