Business

Business

57 Trump officials worth at least $100 million: Donald dwarfs predecessors in ultra-rich appointments

Trump, who is himself a billionaire, has portrayed his preference for appointing extremely wealthy individuals as recognition of financial achievement.

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Business

US stock market today: Wall Street near record highs; all eyes on corporate earnings, oil prices

The rally that has carried Wall Street to record levels has been fuelled largely by strong corporate profits. Companies in the S&P 500 are expected to post roughly 50% growth in earnings per share for the spring quarter compared with the same period a year earlier, according to FactSet.

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Business

‘CAS here to stay’: Sebi chief Pandey says auction system won’t be rolled back, regulator open to feedbacks

Sebi chairman Tuhin Kanta Pandey affirmed the continuation of the Closing Auction Session, emphasizing ongoing evaluations concerning market participants’ worries and potential framework enhancements. He pointed out that as more participants engage with the new system, certain challenges may diminish. Furthermore, he observed that reliance on outdated processes inhibits the effective utilization of CAS. Sebi

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Business

Russia faces fresh fuel shortages as refinery attacks disrupt supplies

Fuel shortages have surged in multiple regions across Russia as recent drone attacks reignite supply issues. Authorities in no less than ten territories have reinstated limits on petrol sales, amplifying the strain on resources. This situation is worsened by a notable dip in wholesale gasoline sales since early August, underscoring the susceptibility of Russia’s energy

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Business

E20 petrol row: Bring back lower blend of ethanol fuel at pumps, says Chief Economic Adviser Nageswaran

While the article said available evidence does not substantiate concerns that E20 is damaging engines, it acknowledged potential problems involving older vehicles. “India has roughly 75 to 80 million older two-wheelers … older rubber ⁠seals that are not rated for ethanol are a separate problem … retrofitting those seals… that way will take years,” the

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Business

Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea

Yanbu has become increasingly important to Saudi Arabia as it seeks to maintain crude shipments after the war disrupted traffic through the Strait of Hormuz and severely restricted supplies from the Persian Gulf.

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Business

Gold price prediction today: Will gold prices continue to rally? Check outlook for August 17, 2026 week

Gold has turned decisively positive in the short term, rising to around Rs 155,145 and moving above its recent consolidation range. The price is now approaching the upper end of the recent range, making Rs 157,500–158,000 the key resistance zone for the week.

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