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Economy

India bought Russian oil at $84.2/bbl in October, highest since December

By Nidhi Verma NEW DELHI (Reuters) - The average price of Russian oil delivered to top buyer India in October rose to $84.20 per barrel, way above the $60 price cap set by the Group of Seven nations

Gold declines Rs 150 to Rs 61,900 per 10 grams

New Delhi, Dec 12 (PTI) Gold declined Rs 150 to Rs 61,900 per 10 grams in the national capital on Tuesday amid a...

Gold drifts higher as dollar withdraws ahead of US inflation print

By Anjana Anil (Reuters) - Gold prices climbed on Tuesday after hitting a three-week low in the previous session, supported by a weaker dollar ahead of the key U.S. inflation data and major central

Energy shares drag Indian shares down ahead of inflation data

By Bharath Rajeswaran BENGALURU (Reuters) -India's Nifty 50 and Sensex fell on Tuesday, weighed by a pullback in energy shares ahead of inflation data from India and the United States, due later in

Rupee ends flat tracking subdued Asia FX; US CPI data in focus

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee ended little changed on Tuesday and hovered in a tight range tracking subdued moves in its Asian peers as markets await a key U.S. inflation

Politics, influence, caste — the murky loan dealings of Gujarat’s cooperative banks

Gujarat’s urban cooperative banks have been making headlines for the wrong reasons, and many have been slapped with RBI fines for lending to own directors or their relatives.

HCL Tech, UPES Dehradun team up for sustainability solutions for oil and gas industry

New Delhi, Dec 12 (PTI) IT services company HCL Technologies announced that it has inked a pact with UPES Dehradun, Uttarakhand, to collaborate...

Oil rises after Houthi attack on ship, weak sentiment weighs

By Alex Lawler LONDON (Reuters) -Oil rose on Tuesday as an attack by the Iran-aligned Houthis on a chemical tanker escalated geopolitical tension in the Middle East, though concerns over excess supply

SpiceJet to raise Rs 2,250 crore through equity shares

New Delhi, Dec 12 (PTI) Crisis-hit SpiceJet on Tuesday said it will raise fresh capital of Rs 2,250 crore through issuance of equity shares.The...

Dollar drifts down as US inflation data looms

By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -The dollar ticked lower on Tuesday and the yen regained some ground it had lost in the past two sessions as traders turned their focus to U.S

On Camera

Modi’s speech rightly questions politics of appeasement. Wrongly targets all Muslims

The PM did make a valid point when he criticised the Congress for categorising the entire Muslim community in Karnataka under the Other Backward Classes. It is pure appeasement of Ashraaf Muslims and discriminates against Pasmandas.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

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.