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Saturday, March 7, 2026
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Economy

Indian refiners snap up Russian oil cargoes at sea after US waiver; seek legal clarity

New Delhi, Mar 6 (PTI) Indian refiners have begun snapping up millions of barrels of Russian oil floating in Asian waters after the...

Rupee falls 18 paise to close at 91.82 against US dollar

Mumbai, Mar 6 (PTI) The rupee depreciated 18 paise against the US dollar on Friday to close at 91.82 against the American currency,...

Gold stuck in Dubai due to the war being sold at steep discounts

Traders are forced to sell at low prices as buyers step back from new orders, unwilling to pay exceptionally high shipping and insurance costs with no guarantee of prompt delivery.

This isn’t an energy crisis— at least not yet

Current oil & gas prices, compared to previous crises, are within ranges that, in the past, had been considered normal.

Flipkart cuts nearly 300 jobs in annual performance review

New Delhi, Mar 6 (PTI) E-commerce major Flipkart has trimmed its workforce by 250-300 employees following its annual performance review, sources familiar with...

Gold declines Rs 1,100 to Rs 1.64 lakh/10g; silver slips to Rs 2.71 lakh/kg

New Delhi, Mar 6 (PTI) Gold prices declined Rs 1,100 to Rs 1.64 lakh per 10 grams in the national capital on Friday...

Sensex, Nifty dive over 1 pc on Middle East conflict, boiling crude oil prices

Mumbai, Mar 6 (PTI) Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent on Friday after a day's breather as...

Govt invokes ESMA powers, orders refiners to ramp up LPG production

New Delhi, Mar 6 (PTI) The government invoked sparingly used emergency powers to direct oil refineries to ramp up LPG production as it...

India invokes emergency powers, directs refiners to maximise LPG production amid Middle East crisis

The govt has asked producers to make LPG, propane & butane available to state refiners for distribution to households to prevent shortage of cooking fuel.

Will US waiver on Russian crude help India offset Middle East losses? What market analysts say

Indian refiners had been importing roughly 1 mbpd of Russian crude in the recent months, and the waiver will effectively allow them to lift volumes above this baseline.

On Camera

This isn’t an energy crisis— at least not yet

Current oil & gas prices, compared to previous crises, are within ranges that, in the past, had been considered normal.

Maharashtra Budget: Fadnavis hands farmers another loan waiver even as 6 lakh await benefits of 1st one

Other key promises in the budget include AI- and other technology-enabled services for farmers and continuation of the Ladki Bahin Yojana, which will have the same outlay. 

Iranian naval ship Lavan with crew of 184 docked in Kochi same day US torpedoed IRIS Dena

IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.

Pakistan is fighting a two-front war. I saw it coming 15 yrs ago

The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.