Experts flag upward bias in crude prices, impact of energy prices on credit conditions

With escalation of tensions in West Asia following attack by Iran on Israel, experts see an upward bias in crude prices in the near term despite the decline in crude price in the last one week. Any worsening of the situation between Israel and Iran may lead to spike in crude prices, according to Hardik Shah, Director, CareEdge Ratings. “Crude prices were on an increasing trend since the start of calendar year 2024,” says Shah.

PRICE STABILITY IS OUR MANDATED GOAL, SETS STRONG FOUNDATIONS FOR HIGH GROWTH: DAS

The MPC underlined the strong momentum in the domestic economy, the GDP expansion at 7.6 per cent in 2023-24 on the back of buoyant domestic demand, strong investment activity and a lower drag from net external demand.

Action Against Unidentified Person For Creating Aamir Khan Deepfake Video

The Mumbai Police have registered an FIR against an unidentified person in connection with a deepfake video of Bollywood superstar Aamir Khan in which he is purportedly seen promoting a political party, an official said.

Apple Reportedly Mulling Display Size Shifts For Plus And Pro, 2025 iPhones

In a bid to revamp its iPhone lineup, Apple is reportedly planning significant changes to the screen sizes of its Plus and Pro models by 2025.

Climate Change Forecasted To Result In $38 Trillion Annual Economic Losses Globally By 2049

Notably, climate damages have been on an upward trajectory, with annual losses averaging 500 billion, equivalent to 2% of the United States’ GDP, since 2016.

Google Shifts Roles Abroad, Including India, In Layoff Move

A spokesperson for Alphabet-owned Google confirmed that the company is implementing layoffs, although the exact number of affected employees was not disclosed.

MG Motor partners with Epsilon for EV charging and battery recycling

On Thursday, MG Motor India announced its partnership with the Epsilon Group for EV charging solutions and battery recycling.

VIKRAM'S 62ND MOVIE IS TITLED 'VEERA DHEERA SOORAN'

Superstar Vikram has announced that his 62nd feature film project has been titled \"Veera Dheera Sooran\".

Security tightened in Naxalaffected Gadchiroli ahead of 1st phase of Lok Sabha polls

Fifteen thousand security personnel will be deployed in the naxal-affected Gadchiroli district for the first phase of polling tomorrow, a senior official said on Thursday.

Lok Sabha polls: BJP fields Narayan Rane from Ratnagiri-Sindhudurg constituency

Bharatiya Janata Party on Thursday announced that Union Minister Narayan Rane will contest the Lok Sabha polls from the Ratnagiri-Sindhudurg constituency in Maharashtra.

POLL CAMPAIGN ENDS IN 5 LS SEATS IN MAHARASHTRA; 95 LAKH PEOPLE ELIGIBLE TO VOTE TODAY

More than 95 lakh voters are eligible to exercise their franchise on Friday in the first phase of Lok Sabha polls in Maharashtra covering five constituencies, including some Naxal-hit areas, where campaigning ended on Wednesday evening.

Qatar surpasses Singapore's Changi, secures title of world's best airport

Hamad International Airport (HIA) in Doha, Qatar, soared to the pinnacle of aviation excellence, clinching the prestigious title of the world's best airport at the esteemed Skytrax Awards.

Toshiba to cut 5k jobs in Japan in latest bid to restructure, says report

Toshiba Corp., according to a report from Nikkei, is embarking on a significant restructuring endeavor, aiming to slash approximately 5,000 jobs, representing about 10% of its workforce in Japan.

Nissan India recalls Magnite for front door handle sensor fix

Nissan Motor India announced its voluntary recall of Magnite units manufactured between November 2020 and December 2023 to retrofit front door handle sensors.

Micron to receive over $6 bn in chips grants next week

Micron Technology Inc., the leading US manufacturer of computer memory chips, is positioned to receive $6.1 billion in grants from the Commerce Department to support domestic factory projects, as part of an initiative to reestablish semiconductor production in the United States.

NESTLE INDIA CUTS ADDED SUGARS IN BABY CEREAL RANGE FOLLOWING MEDIA REPORT

The company’s India unit has said that in the last five years it has reduced added sugars by up to 30 per cent in its infant cereal range

IIT Bombay and citadel securities partner for financial market research lab

IIT Bombay and Citadel Securities, a prominent global market maker facilitating institutional and retail investors with trading liquidity, revealed their collaboration to establish the IITB-Citadel Securities Quantitative Research Lab, as outlined in a press release.

New Govt set to initiate agricultural sector reforms in pesticides and seeds

With the farm Acts no longer under consideration, the government might focus on reforming the input aspect of the agriculture sector, which includes regulations and rules governing seeds, fertilizers, and plant chemicals.

FSSAI INVESTIGATING NESTLE OVER SUGAR IN BABY FOODS: GOVT SOURCES

The Centre has taken cognizance of the charges made against Nestle of adding sugar to infant food products in India

Indian cotton yarn spinners to see margin improvement after low profitability

After a challenging year marked by low profitability, the cotton yarn spinning industry is poised for improvement this financial year, according to a report by Crisil Ratings.

Dubai flight disruptions to impact over 10,000 Indian passengers until Sunday

Travellers between India and Dubai are facing significant disruptions at Dubai International Airport (DXB) due to unprecedented rainfall, with multiple flights cancelled and travellers stranded in the water-logged city.

NESTLE BABY FOOD SUGAR SPARKS STOCK DIVE (MAINTAINS QUALITY)

India’s Food Safety and Standards Authority (FSSAI) is reviewing the report and will present it to a scientific panel for further evaluation

India's pulses imports surge in 2023-24, may rise further

Despite multiple initiatives and incentives to boost domestic production, India remains heavily reliant on pulse imports to meet its domestic demand. Imports of pulses nearly doubled in the fiscal year 2023-24, reaching USD 3.74 billion.

Supreme Court Referred To Larger Bench: Can Accused Get Default Bail If FSL Report Is Not Submitted With Chargesheet Within Prescribed Time? | NDPS Act

The Supreme Court in the case Hanif Ansari Vs state (Govt of NCT of Delhi) observed and has referred to a larger bench the question as to whether a person who is being accused of committing offences as stated under the Narcotic Drugs and Psychotropic Substances Act 1985 is entitled to default bail on the failure of the prosecution to furnish the report of the Forensic Science Laboratory along with the chargesheet within the prescribed time.

HC raps govt for denying compensation over nurse's COVID death, calls it 'insensitive'

The Bombay High Court on Wednesday rebuked the Maharashtra government for its \"insensitive\" approach in refusing Rs 50 lakh compensation to the husband of a nurse who lost her life to COVID-19 while treating patients during the pandemic.

Ex-Union minister Pratik Patil unhappy over Cong not getting Sangli LS seat

Former Union minister Pratik Patil, the grandson of exMaharashtra chief minister late Vasantdada Patil, has expressed dismay over the Congress ceding the Sangli Lok Sabha seat, once his family bastion, to ally Shiv Sena (UBT).

Maharashtra govt agrees to grant financial benefits to martyr's widow as special case

The Maharashtra government on Wednesday informed the Bombay High Court that it has decided to grant financial benefits to the family of an Army Major, who was killed in the line of duty in Jammu and Kashmir four years ago.

MODI SET TO CROSS 400 FOR THE THIRD TIME" MASS CAMPAIGN HELD IN HONGKONG

Non-resident Indians settled in Hong Kong held a mass campaign raising slogans of 'Modi government for the third time'

SUPREME COURT: EASEMENT BY NECESSITY NOT AVAILABLE WHEN THERE IS ALTERNATIVE WAY TO ACCESS PROPERTY

The Supreme Court in the case Manisha Mahendra Gala vs. Shalini Bhagwan Avatramani observed that the claimant of an easementary right would not be entitled to claim the 'easementary right by necessity' for enjoying the 'Dominant Heritage' i.e., the property owned by the claimant when there exists an alternative way to access the 'Dominant Heritage' apart from the way over which the easementary rights were claimed to access the Dominant Heritage.

SUPREME COURT ISSUED NOTICE TO ED ON ARVIND KEJRIWAL'S PETITION CHALLENGING ARREST, LIST ON WEEK STATING FROM APRIL 29

The Supreme Court in the case observed and has issued notice to the Enforcement Directorate, ED on the petition filed Delhi Chief Minister Arvind Kejriwal against his arrest by the ED in connection with the Delhi liquor policy case.