Shell deepens India market reach through Raj Petro buy

Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world’s third biggest lubricants market in the world, a top company official said. Photograph: May James/Reuters Shell, which has already invested over $5 billion

Key factors to drive stock markets this week

Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

The strategy was straightforward – aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices. Photograph: ANI Photo While this often resulted in

Will India’s WTO move affect trade deal talks with US?

India’s decision to reserve its rights to impose retaliatory duties on the US over imposition of tariffs on auto parts is a procedural move under the WTO agreement on safeguards and it will not affect ongoing negotiations on the proposed

Truck rentals, EV and tractor sales rise in June

Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. Photograph: Francis Mascarenhas/Reuters The Kolkata–Guwahati–Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the

Tech: Govt, UPI To Set Up Real-Time Payment Tripwire

Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent. Kindly note the image has been posted only

At WTO, India proposes retaliatory duties against US over auto tariffs

India on Friday proposed imposing retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on automobile sector in the name of safeguard measures. Kindly note the image has been posted only for representational purposes.

India’s forex reserves rise $4.84 bn to $702.78 bn

India’s forex reserves were up by $4.84 billion to $702.78 billion for the week ended June 27, the Reserve Bank of India said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the foreign exchange reserves had dropped by

Bank stocks help Sensex gain 193 points at close

Benchmark indices Sensex and Nifty ended higher on Friday in a highly volatile trade amid buying in bank stocks and a rally in the US markets. Photograph: Shailesh Andrade/Reuters After oscillating between highs and lows in intra-day trade, the 30-share

‘Scope for a further rate cut in this cycle itself, if…’

‘India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.’ IMAGE: Reserve Bank of India (RBI) Governor Sanjay Malhotra delivers the Monetary Policy statement, in Mumbai. Photograph: ANI Photo Ram Singh, external