Expanding the use of ethanol as a cooking fuel could help India lower its reliance on LPG and reduce its growing fuel import bill. (ANI photo) Ethanol may soon make its way to your kitchen as a cooking fuel. Even as debate rages on the impact of E20 petrol, the Ministry of Petroleum and Natural…
As global crude prices climb and import bills swell across countries, the US has a different story to tell. Its import prices are rising too—but fuel is not the culprit. US import prices recorded an unexpected increase in June as a rise in nonfuel import costs outweighed lower fuel prices, according to data released by…
Rupee started the week on a negative note, falling 12 paise against the US dollar in early trade on Monday as rising crude oil prices and escalating tensions in the Middle East fuelled demand for the greenback.Rupee traded at 96.42 against the US dollar after opening at 96.53 in the interbank foreign exchange market, compared…
Top stocks to buy this week Stock market recommendations: Saatvik Green Energy, and Unimech Aerospace – Motilal Oswal Wealth Management Research Desk has picked these as the top stocks to buy for the week starting July 20, 2026: Name CMP TP Upside Saatvik Green Energy 468 565 21% Unimech Aerospace 1283 1530 19% Saatvik Green…
Gold, silver price today: Analysts expect bullion to remain under pressure Market experts believe gold and silver could continue facing headwinds in the near term as investors assess multiple global developments simultaneously. Apart from the escalating conflict in West Asia, traders will also monitor crude oil prices, US weekly jobless claims, flash PMI readings, monetary…
Oil prices rallied on Monday after conflict between the United States and Iran intensified, raising fresh concerns over crude supplies from the Middle East as shipping through the Strait of Hormuz came under increasing pressure.Brent crude climbed above $90 a barrel, rising 2.30% to $90.13, while US benchmark WTI crude gained 2.07% to $84.20. The…
MUMBAI: Top private bank chiefs are taking a cautious view of RBI’s FCNR(B) deposit window, with lenders saying tax rules, overseas liquidity conditions and regulatory constraints could limit inflows below initial estimates.HDFC Bank MD & CEO Sashidhar Jagdishan said potential inflows under the scheme may be lower than initially expected because tax rules make the…
NEW DELHI: With the fertiliser subsidy, other West Asia related spends and initiatives, such as the electronics manufacturing push through schemes for semiconductors and mobiles adding to the Centre’s expenditure, finance minister Nirmala Sitharaman may seek Parliamentary approval for additional spending, without losing sight of the overall fiscal situation.The discussion around the need for Parliamentary…
Representative generative image (created by Denny) NEW DELHI: As govt explores further decriminalisation of the Companies Act, the corporate sector has proposed changes to the amendment bill moved by the Centre, including those related to auditors. In a series of representations to the select committee looking at the amendments, a senior industry executive said: “Greater…
Punjab National Bank (File photo) NEW DELHI: State-run Punjab National bank, the second largest public sector lender, is targeting a mop up of $2.5 billion from Foreign Currency Non-Resident Bank deposits and has raked in $425 million so far.“We are getting major traction from the UK, Dubai and GIFT City. The demand is quite good,”…
