Business

India’s imports of Russian oil are expected to cross 1 million barrels per day this December. (AI image) Donald Trump’s sanctions on Russian oil majors don’t seem to have deterred Indian refiners from procuring crude – though non-sanctioned – from Russia. India’s crude oil imports from Russia are showing resilience in December, days after Trump’s…

This is Apple’s first such evaluation of having specific chips assembled and packaged within India. (AI image) Apple iPhone chips may soon be assembled in India with the tech giant in early discussions with Indian chip manufacturers regarding the assembly and packaging of components for the iPhone. This development could represent a significant advancement for…

MUMBAI: As the global air travel industry becomes larger and more complex with each passing decade, airlines and airports are increasingly moving towards digitisation. From printed paper tickets that came in airline jackets, to home-printed e-tickets, to today’s digital boarding passes on mobile phones; from conventional check-in and immigration counters to biometric gates; and from…

NEW DELHI: Shares of Park Medi World Ltd, which operates a hospital chain under the Park brand, on Wednesday made a muted market debut, listing at a discount of nearly 4% to the issue price of Rs 162. The stock was listed at Rs 155.60, a 3.95% discount to the issue price, on the BSE….

The proposed $100,000 fee for fresh H-1B workers by Trump could severely impact IT outsourcing and staffing sectors. (AI image) US President Donald Trump’s crackdown on immigration and H-1B visas will hit Indian IT firms, particularly Tata Consultancy Services (TCS) and Infosys, analysis suggests. According to a Bloomberg News study, the impact would be particularly…

Mumbai: Reserve Bank of India has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5% in IndusInd Bank, within the regulatory framework governing significant shareholding in banks. The approval, dated Dec 15, 2025, was disclosed by IndusInd Bank in a regulatory filing on Tuesday.HDFC Bank clarified that it does not…

Oil prices rose sharply on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, stoking fresh geopolitical tensions at a time when markets are already wary about weak global demand.Brent crude futures climbed 57 cents, or 0.9%, to $59.50 a barrel by 0135…

Market experts anticipate sideways trading in Indian markets due to the lack of significant short-term catalysts. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was above 25,850, BSE Sensex was near 84,700. At 9:16 AM, Nifty50 was trading at 25,864.25, up…

Capital outflow due to FII activity has been driven by geopolitical uncertainty. Rupee continued its decline on Wednesday, opening at a record low of 91.07 against the US dollar, down 0.05% from its previous close, as persistent foreign fund outflows and uncertainty over India–US trade negotiations continued to weigh on the currency.Earlier on Tuesday, the…

Mumbai: In another twist in the legal battle involving Bharat Forge chairman Baba Kalyani and his sister Sugandha Hiremath, the Bombay high court on Monday allowed Sugandha’s children to amend their lawsuit. The HC order enables them to seek a restraint on voting rights attached to shares of Kalyani Group companies that were acquired using…