India’s purchase of US crude oil has picked up in 2025 and could easily double their previous levels, government officials said on Wednesday. Photograph: Sergei Karpukhin/Reuters The surge comes in the wake of the then-incoming Donald Trump administration’s announcement that
Equity benchmark indices Sensex and Nifty ended lower on Thursday amid profit-taking after a seven-day rally and disappointing earnings from Hindustan Unilever. Photograph: Danish Siddiqui/Reuters Selling in blue-chips ICICI Bank, Bharti Airtel and a largely muted trend in Asian and
FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a decline of 3.35 per cent in its consolidated net profit at Rs 2,475 crore for the fourth quarter ended March 31, 2025. Photograph: Danish Siddiqui/Reuters The company had logged a
The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The
The next time you buy or sell shares, a machine is more likely to be at the other end of the trade than a human being. Photograph: ANI Photo A larger value of stocks bought and sold on the stock
Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source (TCS), as per a notification issued by the Income Tax department. Photograph: Henry Nicholls/Reuters TCS at 1 per cent
Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan. IMAGE: US President Donald Trump salutes as he attends the annual White House Easter
A Belgian court has declined the bail plea of Mehul Choksi, a key accused in the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case. Photograph: ANI Photo The three-judge bench, which conducted the hearing in Dutch, ruled against
Like with all great crashes, some had noticed the cracks. “… cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down
Benchmark equity indices Sensex and Nifty closed higher on Tuesday, extending the gaining streak to the sixth day on continuous foreign fund inflows and buying in banking shares. Photograph: ANI Photo The 30-share BSE Sensex climbed 187.09 points or 0.24
