Business

The Great ‘Gas-by’: 45,000-tonne LPG tanker braces for Hormuz crossing — why it matters for India

An India-linked supertanker, Sarv Shakti, has successfully crossed the Strait of Hormuz, a critical energy corridor under intense pressure due…

4 months ago

Oil marketing companies seek LPG, petrol, diesel price hike as Iran war deepens losses

Middle East conflict escalates, pushing crude oil prices above $126 per barrel and straining India's state-run oil companies. Facing mounting…

4 months ago

Air India to cut nearly 100 flights till July: CEO Campbell Wilson

Air India is slashing nearly 100 flights through July due to soaring jet fuel costs and airspace restrictions, making international…

4 months ago

Spirits airline makes final landing: American budget-friendly flight halts operations

Spirit Airlines, a prominent low-cost carrier, has ceased operations after 34 years, citing an immediate shutdown. The airline's abrupt closure…

4 months ago

Elon Musk grilled over his AI profits

Elon Musk faced intense questioning for a third day in his OpenAI lawsuit, defending his for-profit AI ventures. He argued…

4 months ago

Jane Street doles out $2.7million payout per employee

Jane Street Group has achieved remarkable financial success, distributing $9.38 billion in compensation last year, a significant surge that dwarfs…

4 months ago

Power usage up 4% in April

India's power consumption surged over 4% year-on-year in April, reaching 154 billion units. Despite a record-breaking peak demand of 256.1…

4 months ago

Proxy advisory firm asks RBI to reject Tata Sons’ application

A research firm urged the RBI to reject Tata Sons' bid to surrender its financial license, calling it a tactic…

4 months ago

‘Government to sustain capex despite West Asia crisis’

Despite potential West Asia conflict-induced fiscal strain, the government is committed to prioritizing capital expenditure. Expenditure Secretary Vumlunmang Vualnam affirmed…

4 months ago

RBI DG: Macro factors strong, no pressure on balance of payments

India's economy is robust, capable of sustaining 7.5% growth with low inflation, according to RBI Deputy Governor Poonam Gupta. She…

4 months ago