Business

Crude imports from Saudi hit highest level New Delhi: Crude oil imports from Saudi Arabia have hit their highest levels since Nov 2019, clocking nearly 1-1.1 million barrels per day (bpd) in Feb, and overtaking Russia temporarily to emerge as the biggest supplier to India.According to data shared by Kpler, a global data and analytics…

NEW DELHI: IndiGo has finally started acting against officials who were seen to be responsible for last Dec flight fiasco. The airline on Friday appointed Captain Rohit Rikhye as the head of its operations control centre (OCC), removing Jason Herter from the position. The Directorate General of Civil Aviation (DGCA) had in its report on…

India found itself directly referenced in a landmark US Supreme Court judgment limiting presidential tariff authority, after justices examined how tariffs imposed under emergency powers were used as tools of foreign policy– including pressure linked to Russian oil imports.The ruling in Learning Resources, Inc. v. Trump held that the International Emergency Economic Powers Act (IEEPA)…

“I can do anything I want,” Donald Trump declared in his address as his first reaction to the Supreme Court’s landmark ruling on Friday, a major setback to his second stint in the presidency.“There are methods that are even stronger available to me,” he said in his White House address.Trump also said he was “absolutely…

The Income Tax Department has cautioned taxpayers against a surge in refund-related fraud attempts, warning that scammers are exploiting delays and heightened expectations around tax refunds through fake emails, phone calls and SMS messages.In a message posted on X, the department urged taxpayers not to share one-time passwords (OTPs), bank details or personal information in…

MUMBAI: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the broader APAC region. The capital will be deployed across three funds–India seed, India…

Thousands of US businesses scored a major victory after the US Supreme Court struck down emergency tariffs imposed by President Donald Trump. However, while companies welcomed the decision, the process of getting refunds worth billions of dollars is expected to be slow and complex.In a landmark ruling with global economic implications, the court said Trump…

US stocks traded with modest gains in tentative trading on Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, a move that had previously contributed to market volatility, AP reported. The Dow Jones Industrial Average rose 128 points, or 0.3 per cent. The S&P 500 gained 0.4 per cent, while the Nasdaq…

Growth in India’s eight core infrastructure sectors slowed to a two-month low of 4 per cent in January, according to official data released on Friday, reflecting weakness across most key industries. The growth rate stood at 5.1 per cent in January 2025 and 4.7 per cent in December 2025, PTI reported.Crude oil and natural gas…

Gold is not just another metal. For centuries, the yellow metal has been a symbol of safety and stability, serving as a reliable hedge when markets turn volatile. Centuries ago, kings hoarded it to display their power, then, as nations modernised, central banks began stockpiling gold to shield their economies against crises. But recently, gold…