As the world continues to feel the heat of the ongoing crisis in the Middle East, India’s refiners have swiftly secured enough crude oil and LPG supplies to last till the upcoming weeks.According to sources cited by Reuters, Indian refiners have built up sufficient crude inventories to meet demand through at least August. On the…
India and UAE are also evaluating multiple storage arrangements, including commercial models. (AI image) India and the UAE are looking to expedite work on building 30 million barrels of strategic oil reserves. The move comes within weeks of PM Narendra Modi’s visit to UAE where MOUs for this were signed. India, the world’s third-largest consumer…
The 152,000 zone is shaping up as a strong resistance area. (AI image) Gold and silver price prediction today: Gold prices are seeing a bearish structure with the downtrend in place. Silver prices are trading cautiously, though with a negative bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold…
Form 26AS and AIS are consolidated tax statements available through a taxpayer’s e-filing account. (AI image) ITR filing FY 2025-26: Form 26AS, Annual Information Statement (AIS), Form 16 are some of the most important documents that salaried taxpayers should keep handy and cross-check before filing their income tax return.First, let’s understand what Form 26AS is…
Top stocks to buy today (AI image) Top stock market recommendations: Bank of India, and Gail (India) Ltd have been recommended as buy calls, whereas Bajaj Auto is a sell recommendation by Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth Management for June 11, 2026. He has also shared his views…
India, world’s third-largest oil importer and consumer, has waived excise duty on blended petrol. The exemption covers E22, E25, E27 and E30 fuel blends, which contain varying proportions of motor spirit and ethanol. As per the finance ministry’s notification, these blends consist of 78%, 75%, 73% and 70% motor spirit mixed with 22%, 25%, 27%…
NEW DELHI: The government may not immediately mandate a higher level of ethanol blending but leave it to buyers to decide on flex fuel vehicles amid concerns that rushing from E20 to E25 will damage engines of existing vehicles.Most cars and 2-wheelers manufactured between 2012 and March 2023 were designed or certified to be E10-compliant,…
ChatGPT creator OpenAI became the third major artificial intelligence developer to confidentially file for a public listing Monday, joining rivals in an IPO pipeline now worth some $3.6 trillion.SpaceX, which is officially known as Space Exploration Technologies Corp, is preparing for an IPO that would value the company at about $1.8 trillion. Anthropic raised funds…
For a retail investor, the impact depends on what they own and why the rupee is weakening in the first place. The rupee is falling and your investment portfolio is bleeding red. India may be a fundamentally strong growth story, but for now your investments may be flashing negative returns. As the impact of the…
Oil prices have surged since Iran’s closure of the Strait of Hormuz and the subsequent US naval blockade of Iranian ports, yet crude has stopped well short of the $200-a-barrel levels many analysts once feared. According to maritime intelligence firm TankerTrackers, one key reason is the emergence of alternative shipping networks that are allowing oil…
