Oil India discovers natural gas in Andaman shallow offshore block

Oil India has discovered natural gas reserves off the Andaman Islands, the state-owned firm said without putting an estimate of the size of the find. Photograph: Amit Dave/Reuters In a statement, OIL said “occurrence of natural gas” was reported in

HDFC Bank barred from onboarding new clients in Dubai branch

HDFC Bank has been barred from onboarding new customers at its Dubai International Financial Centre branch by the local regulator. Photograph: Courtesy, HDFC Bank, Dubai HDFC Bank, India’s largest private sector lender, said it has initiated the necessary steps to

Auto: Small Cars Get Big Relief in New Fuel Efficiency Norms

Maruti Suzuki, India’s largest producer of small cars, stands to benefit the most. Kindly note the image have only been published for representational purposes. Photograph: Amit Sharma/ANI Photo The Bureau of Energy Efficiency (BEE) on Thursday revised its June 2024

Mutual funds leave insurers in the shade on anchor allotments

Insurance participation in IPOs has risen but MF allocations have grown even faster Illustration: Dominic Xavier/Rediff Issuers have allotted nearly four times as much to mutual funds (MFs) as they have to insurance companies in recent quarters. MFs invested Rs

Asia Cup: India-Pakistan Final Sends Ad Rates Soaring

Advertisers will pay ₹18 lakh to ₹25 lakh per 10 seconds, a 10% to 20% increase over the last Asia Cup final. IMAGE: Abhishek Sharma and Haris Rauf exchange words during the India-Pakistan game on Sunday, September 21, 2025. Photograph:

SC upholds JSW Steel’s takeover plan for Bhushan Power and Steel

The Supreme Court on Friday upheld JSW Steel’s Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years. Photograph: Francis Mascarenhas/Reuters A bench comprising Chief

Sensex, Nifty tank nearly 1% on selling in pharma, IT shares

Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Friday, marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as US President Donald Trump announced 100 per cent duties on pharmaceutical

Trump’s 100% tariff on pharma will not impact generic makers: IPA

Indian Pharmaceutical Alliance (IPA) on Friday said US President Donald Trump’s move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1 will impact only patented and branded products, not generic medicines. Illustration: Yves Herman/Reuters Reacting to

NSE unique investors base crosses 12 cr; 1 in 4 are women

The unique investors’ base on the National Stock Exchange of India (NSE) crossed the 12-crore mark on September 23, with the latest 1 crore addition taking place in just eight months, the bourse said on Thursday. NSE said one in

Indian team back from US after holding trade talks

The Indian team has returned from the US after holding trade talks with their American counterparts in New York, an official said on Thursday. Illustration: Dado Ruvic/Reuters Commerce and Industry Minister Piyush Goyal, who led the team, will be back