Oman and Dubai crude surged to a rare premium to Brent, while Murban futures outperformed the global benchmark in the last two months of the year. Prices gained on higher demand from China and India, and active bidding on the so-called Platts window by companies such as TotalEnergies SE, according to traders.
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Tough questions for India after two debacles in a row
A second series loss raises more questions than answers as head coach's performance comes under the lens
Govt Forecasts FY25 GDP Growth at 6.4%
India's economy is expected to grow 6.4% in the current fiscal year ending March, the National Statistics Office said on Tuesday, below the initial government projection of 6.5-7%.
Car sales unexpectedly drop by 2% in December, says Fada
Indian car dealers clocked a surprise 2% drop in sales in December, with high year-end discounts boosting demand only for a handful of showroom owners, a dealers' body said on Tuesday.
Nippon says there's no plan B to blocked US Steel deal
NIPPON'S PLANNED PURCHASE OF ITS US RIVAL WAS BLOCKED LAST WEEK BY THE US PRESIDENT BIDEN
MKT Benchmarks Rebound After Two-Day Decline As Reliance, ICICI Bank Rally
Benchmark equity indices Sensex and Nifty rebounded on Tuesday after a sharp decline in the previous two sessions, driven by intense buying in blue-chip stocks like Reliance Industries, ICICI Bank and L&T amid a firm trend in global markets.
Wagh Bakri Tea to Invest â¹100 Cr for New Mfg Unit
Ahmedabad-headquartered Wagh Bakri Tea Group will set up a new plant in Gujarat with an investment of over â¹100 crore to increase its raw material storage capacity and instant tea output, CEO Sanjay Singal said on Tuesday.
Duty cut on smartphone parts to hit electronics ecosystem, jobs
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday.
Infosys taps staff to build ideas factory
In a first, Infosys Ltd has asked employees to think out of the box and come up with new ideas that can be scaled up and offered to clients as part of a business incubator programme.
Microsoft to Invest $3 Billion in AI, Cloud Expansion in India
CEO Satya Nadella, however, did not give a time frame for the spending
Banks' profits to moderate in FY26 as bad assets rise
Increase in bad assets will impact banks' profitability in FY26, a domestic rating agency said on Tuesday.
