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Business

Crude comeback: IOCL, HPCL buy 7 million barrels of energy supplies

Indian refiners Indian Oil Corp and Hindustan Petroleum Corp have secured millions of crude barrels from Angola, Nigeria, and Brazil to bolster national reserves. This strategic procurement follows a significant drawdown in stockpiles due to Strait of Hormuz disruptions. Inventories have since rebounded, nearing a year-high, signaling a stabilization of India’s energy security amidst global

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Business

Saudi low-cost carrier flyadeal begins India operations with daily Hyderabad-Riyadh flights

Saudi Arabia’s budget airline, flyadeal, has officially landed in India, commencing its maiden service between Hyderabad and Riyadh. This new daily flight, operated by an Airbus A320, significantly enhances Hyderabad Airport’s global reach, particularly to the Middle East. The move is anticipated to stimulate travel for business, expatriate, and tourist segments between the two nations,

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ITR filing FY 2025-26: Top 10 mistakes taxpayers should avoid for income tax returns online filing – check list

ITR filing FY 2025-26: Before filing, compare your income and TDS details with documents such as Annual Information Statement (AIS), Form 26AS, and Form 16/16A. Any mismatches in data can not only lead to income tax notices, but also delayed refunds. Here are 10 mistakes that salaried taxpayers should avoid when filing their income tax

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Nuclear power push: India eyes uranium supply pact with Australia during PM Modi’s visit

Australia, which has nearly one-third of the world’s known uranium reserves, signed a framework agreement with India over a decade ago. The two countries are also likely to finalise or advance agreements in several strategic areas, including critical minerals, cybersecurity, emerging technologies, clean energy.

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Business

Gold price prediction today: Will gold prices see limited upside? Key levels to watch out for July 6, 2026 week

Gold price prediction today: Gold prices are likely to see a limited upside because of high inflation in the US, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

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Business

Apple not so ‘fruitful’ for Himachal? Climate pressures hill state’s Rs 5,000 crore economy

Himachal Pradesh’s Rs 5,000 crore apple economy faces a severe climate crisis, with production projected to plummet by nearly 40% this year. Unseasonal rains, hailstorms, and erratic weather have significantly impacted output, affecting an estimated 2.5 lakh farming families. Growers are grappling with rising costs and a desperate need for improved irrigation and crop insurance.

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Business

Bank holiday today: Where are banks shut on July 6? Check state-wise list

Plan your bank visits carefully as several branches will be closed on specific dates this July due to regional holidays. West Bengal and Mizoram observe closures today, July 6. Further state-specific holidays are scheduled across Meghalaya, Odisha, Uttarakhand, Manipur, Sikkim, and Tripura. Remember, Sundays and the second and fourth Saturdays also mean branch closures. Digital

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