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Economy

Gold stuck in tight range as traders await Fed rate-cut cues

By Sherin Elizabeth Varghese (Reuters) - Gold prices were stuck in a relatively tight range on Wednesday as traders turned their attention to remarks from U.S. Federal Reserve officials through the

Indian Strategic Petroleum Reserve signs deal with Hindustan Petroleum to lease space

QUITOL, India (Reuters) - Indian Strategic Petroleum Reserve Ltd (ISPRL) has signed a deal with Hindustan Petroleum Corp to lease 300,000 metric tons of storage space for three years in a Strategic

India’s Bharat PetroResources looking for oil and gas assets in Brazil, West Africa

QUITOL, India (Reuters) - India's Bharat PetroResources Ltd, the exploration arm of refiner Bharat Petroleum Corp is looking for oil and gas producing assets in Brazil and West Africa, its managing

Indian developer Sobha’s Q3 profit halves

BENGALURU (Reuters) -Indian real estate developer Sobha reported on Wednesday a more than 50% slump in third-quarter profit amid slower delivery of projects, which dented revenue. Consolidated net

Global energy storage segment attracts USD 9.2 bn funding via venture capital route in 2023: Mercom

New Delhi, Feb 7 (PTI) Funding through the venture capital route into the global energy storage sector registered a 59 per cent growth...

New link building enhances passenger connectivity at Bhubaneswar airport

Odisha) , February 7 (ANI): The inauguration of the new Link Building between Terminal T1 and T2 at Biju Patnaik International Airport in Bhubaneswar...

ONGC pavilion shines as the epitome of energy innovation at India Energy Week 2024

Betul (Goa) , February 7 (ANI): The ONGC Pavilion at India Energy Week 2024 emerged as a focal point in India's energy transformation, spotlighting...

Oil up on lower-than-expected rise in U.S. crude stockpiles

By Paul Carsten LONDON (Reuters) - Oil prices rose for a third day on Wednesday after U.S. crude inventories grew less than expected and a cut in the forecast for output growth in the U.S., the

India plans to protest EU’s carbon tax at WTO meeting – sources

By Manoj Kumar NEW DELHI (Reuters) - India plans to protest the European Union's proposed carbon tax on imports of steel, iron ore and cement at the next meeting of World Trade Organization (WTO)

Dollar edges lower in pullback from nearly 3-month peak

By Joice Alves and Kevin Buckland LONDON/TOKYO (Reuters) -The dollar fell on Wednesday, further retreating from a nearly three-month high against the euro hit a day earlier, with a decline in U.S.

On Camera

BJP 2024 manifesto on investment, farm income, panchayati raj—but lack of clarity is worrying

Promises tend to become irrelevant if care is not taken to create necessary enabling conditions to make them feasible. This is even truer of electoral promises.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India, Oman hold 5th annual high-level meeting to boost maritime security

Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.