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IOCL, BPCL, HPCL seek 15 crore litres of biodiesel in Rs 1,320 crore procurement plan
New Delhi : State-run oil marketing companies Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have floated a joint tender to procure 15 crore litres of…
India likely to meet FY27 fiscal deficit target despite spending pressures: Goldman Sachs
New Delhi : The Centre is likely to meet its fiscal deficit target of 4.3 per cent of GDP for FY27 despite the deficit reaching 42.6 per cent of the full-year estimate in the first six months, as stronger corporate tax collections are…
AI debt surge pushes Magnificent Seven borrowing to USD 578 billion, up 45%: SBI Research
New Delhi : The combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to USD 578 billion by mid-2026, raising concerns over the financial risks linked to the…
Coal India’s monthly coal supply hits record 70.3 million tonnes in October, rises 19%
New Delhi : Coal India Limited (CIL) recorded its highest-ever monthly coal supply of 70.3 million tonnes (MT) in October 2026, registering a 19 per cent increase compared to the same month last year, the Ministry of Coal said on Sunday.…
Global stocks get AI lift, dollar holds steady ahead of Fed decision
NEW DELHI ;Asia stocks rallied on Wednesday after a resurgence in AI enthusiasm ahead of earnings from industry bellwethers later in the US day, while the dollar was perky ahead of a Federal Reserve policy decision.
South Korean…
Indian AI companies showcase homegrown technologies at Dubai AI Festival 2026
NEW DELHI : India is showcasing its growing capabilities in artificial intelligence, enterprise automation, AI computing infrastructure, cybersecurity, computer vision and intelligent digital solutions at the Dubai AI Festival 2026.
The…
India Hosts CIML Meeting for First Time, Focuses on Global Measurement Standards
NEW DELHI: India is hosting the 61st Meeting of the International Committee of Legal Metrology (CIML) from 26 to 28 October in New Delhi, marking the first time the country is hosting this prestigious international meeting of the…
Beyond the screen: How immersive technologies are reshaping learning, heritage and planning in India
NEW DELHI: A student exploring the human body through a three-dimensional model, a museum visitor viewing artefacts through augmented reality, and a city planner testing transport options on a virtual replica of an urban neighbourhood are…
PM Modi inaugurates Rs 150-crore Arvind textile plant in Varanasi
Varanasi : Prime Minister Narendra Modi on Sunday inaugurated a Rs 150 crore textile manufacturing plant of Ahmedabad-based Arvind Limited in Khochwan, Mirzamurad, in his parliamentary constituency, Varanasi. Built on around 7-8 acres, the…
AI-driven cyberattacks pose growing threat to capital markets, warns NSE’s Ashish Chauhan
Mumbai : As India's capital markets expand to unprecedented heights, escalating technological threats require immediate, proactive defence mechanisms across the financial ecosystem.
Addressing market participants at the 16th ANMI…
Better logistics, trade pacts, policy support can boost India’s rice exports: Industry leaders…
New Delhi : Better port infrastructure, greater utilisation of free trade agreements (FTAs) and supportive government policies can help India strengthen its position in global rice markets, industry leaders said at the Bharat International…
SEBI exploring graded compliance framework for stockbrokers based on scale, client exposure:…
Mumbai : Market regulator Securities and Exchange Board of India (SEBI) is exploring a graded compliance framework for stockbrokers, Chairman Tuhin Kanta Pandey announced on Saturday.
Addressing market intermediaries at the 16th ANMI…
No legal bar on reducing govt stake in IDBI Bank, clarifies Finance Ministry amid stake sale
New Delhi : The Union Finance Ministry on Saturday clarified that there is no legal restriction under the IDBI (Repeal) Act, 2003, preventing the government from reducing or selling its stake in IDBI Bank, citing a 2018 Delhi High Court…
Global oil demand to rise sharply in 2027, led by India, non-OECD Asia: OPEC
New Delhi : Global oil demand is expected to rise by 2.4 million barrels per day (mb/d) in 2027, with India and other Asian economies emerging as key drivers of consumption growth, according to the Organization of the Petroleum Exporting…
US Fed likely to hold rates in October, hike by 25 bps by year-end: CareEdge Global
New Delhi : The US Federal Reserve is expected to keep interest rates unchanged in October before resuming monetary tightening, with markets pricing in a further 25 basis points (bps) hike by the end of 2026 and cumulative tightening of 75…
Elon Musk rules out wider TSMC role in Texas Terafab, says his companies will build and run facility
New Delhi : Tesla and SpaceX CEO Elon Musk has said Taiwan Semiconductor Manufacturing Co. (TSMC) could potentially sublease only a portion of the proposed Texas Terafab, making it clear that his companies would retain control over the…
US EIA raises Q4 oil price forecast to USD 105 amid Middle East supply risks, diesel market…
New Delhi : The US Energy Information Administration (EIA) has raised its forecast for Brent crude oil prices for the fourth quarter of 2026 to an average of USD 105 per barrel, citing continued constraints on Middle East oil flows, attacks…
India’s battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment:…
New Delhi : India’s battery energy storage system (BESS) requirement is projected to surge nearly seven-fold to 236.22 GWh by FY2031-32, requiring investments of up to Rs 3.49 trillion, according to a Rubix Data Sciences report.
The…
RBI projects CPI inflation at 5.2% for FY27, sees Q3 inflation rising to 6% due to rising food and…
Mumbai : The Reserve Bank of India (RBI) projected Consumer Price Index (CPI) inflation at 5.2 per cent for FY27, with inflation expected to rise to 6 per cent in the third quarter, mainly due to broadening food and fuel price pressures and…
India services growth picks up in September, but quarterly pace weakest since 2022: HSBC PMI
New Delhi : India's services sector growth accelerated in September to its strongest pace in three months as domestic demand improved, though activity over the July-September quarter expanded at its slowest pace since early 2022, an HSBC…
