Saudi Aramco jumped the most since May 2023 on Sunday as the Iran war entered its second week, prompting supply disruptions that may send oil prices higher when global markets reopen. Shares of the state-backed oil giant climbed as much
Tata Power is partnering with Salesforce to digitally transform its renewable energy businesses, leveraging AI and data to accelerate India’s transition to net-zero emissions and enhance customer experiences. Key Points Tata Power partners with Salesforce to digitally transform its rooftop
Airbus strengthens its commitment to India’s aerospace sector with the launch of a cutting-edge technology centre in Bengaluru, poised to drive engineering innovation and support the ‘Make in India’ initiative. Key Points Airbus inaugurates a new 880,000 sq. ft technology
Escalating West Asia tensions and rising crude oil prices triggered a significant fall in the Sensex and Nifty, impacting Indian stock market sentiment. Photograph: Shailesh Andrade/Reuters Key Points Sensex and Nifty fell sharply due to escalating West Asia tensions and
West Asia conflict poses a substantial risk to the global economy, including India. Illustration: Dado Ruvic/Reuters Key Points In Asia, reserve adequacy varies widely among major importers. Costly energy imports would weaken the rupee, raise inflation. While China’s roughly 401
Transport infrastructure consultancy and engineering firm, RITES Ltd</a>, on Saturday (March 7) said it has secured a ₹45.19 crore consultancy contract from the Public Works (Roads) Directorate, Government of West Bengal, for project management services related to the construction of
Indian stock market: After posting strong gains of over 1% each in the previous session, the domestic benchmark indices — the Sensex and the Nifty 50 — resumed their decline on Friday, March 6, as investors booked profits amid ongoing
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Domestic equity markets resumed their sharp decline on
The Indian rupee weakened against the US dollar as rising crude oil prices and escalating geopolitical tensions in the Middle East fuel investor risk aversion and foreign fund outflows. Illustration: Uttam Ghosh Key Points The Indian rupee depreciated to 91.82
India’s forex reserves have soared to an unprecedented $728.5 billion, signalling robust economic strength and stability, according to the latest data from the Reserve Bank of India. Illustration: Dado Ruvic/Reuters Key Points India’s forex reserves hit a record high of
