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Friday, April 17, 2026
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Economy

US ends oil waivers but Russian crude flows to India ‘likely to remain steady’ amid Hormuz disruption

India will need to recalibrate crude sourcing strategy as US ends waivers for Russian & Iranian oil, energy experts say. But Russian crude will likely remain central to energy basket.

NPSPL to set up Rs 2,550 cr Cathode Material Project in AP

Amaravati, Apr 17 (PTI) In a strategic move to strengthen India's electronics and advanced materials ecosystem, the Government of Andhra Pradesh has approved...

Rupee rises 19 paise against US dollar

Mumbai, Apr 16 (PTI) The rupee strengthened by 19 paise to settle at 93.14 against the US dollar on Thursday, following a decline in...

Indian LNG importers accelerate spot market purchases as prices dip

The purchases mark a turnaround after Indian buyers had earlier limited spot buying and canceled tenders because offers were too expensive.

Oppo lines up strong 2026 launch pipeline in East, sees no supply chain disruptions

Kolkata, Apr 16 (PTI) Oppo India plans to launch 12-15 smartphones in 2026 and sees no disruption to its manufacturing from geopolitical supply...

DJT Microfinance plans NE foray with Assam operations

Guwahati, Apr 16 (PTI) NBFC entity DJT Microfinance on Thursday announced that it will foray into Northeastern market with a major expansion plan...

Stock markets close lower on profit-taking in financial shares

Mumbai, Apr 16 (PTI) Stock markets closed lower in a volatile session on Thursday with the benchmark Sensex declining by 122 points and...

Guidelines for Urban Challenge Fund released; Rs 5,000 cr-credit repayment guarantee scheme launched

New Delhi, Apr 15 (PTI) Union minister Manohar Lal on Wednesday launched the operational guidelines for the Rs 1 lakh crore Urban Challenge...

China surpasses US as India’s largest trading partner in FY26; trade gap swells to USD 112.16 bn

New Delhi, Apr 15 (PTI) China has overtaken the US to emerge as India's largest trading partner in 2025-26, with bilateral trade reaching...

Russia raking in a windfall from Hormuz blockade. Export revenues doubled to $19 bn in March, says IEA

Despite damage to key Russian oil infrastructure by Ukrainian drone strikes in March, International Energy Agency data shows Russia’s earnings in March were highest for any month since January 2024.

On Camera

The math behind India’s elections—Why proximity matters

It is one of the most consistent findings in electoral politics: voters are more likely to support candidates who come from their local area.

US ends oil waivers but Russian crude flows to India ‘likely to remain steady’ amid Hormuz disruption

India will need to recalibrate crude sourcing strategy as US ends waivers for Russian & Iranian oil, energy experts say. But Russian crude will likely remain central to energy basket.

Why Siliguri Corridor is strategically important for India & how it is being secured | Cut The Clutter

This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.

The world’s in a flux. India must reform, consolidate & build a strong economy

We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.