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Economy

Higher marketing margins led to over 4.8 times hike in FY24 net profit of Indian Oil Corporation

New Delhi April 30 (ANI): Oil major, Indian Oil Corporation has made a net profit of Rs 39,619 crore in FY 2023-24 as...

Sensex-Nifty reverse gains, close lower amid sectoral fluctuations

Mumbai (Maharashtra) , April 30 (ANI): Stock indices closed in negative territory on Tuesday, reflecting a mixed day for investors, after a promising start...

UCO Bank aims to bring down govt stake to 75pc this fiscal: MD

Kolkata, Apr 30 (PTI) UCO Bank on Tuesday said it aims to reduce the government's stake in the bank from the current 95.39...

Gold slumps Rs 150; silver plunges Rs 750

New Delhi, Apr 30 (PTI) Extending the losses for the second straight session, gold prices on Tuesday slumped Rs 150 to Rs 72,600...

Oil edges higher as investors eye Mideast talks, rates meeting

By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) - Oil edged up on Tuesday a day after falling as Israel-Hamas talks offered hopes of a ceasefire even as Red Sea attacks continued, while

Vistara training head relieved of duties after DGCA finds lapses

New Delhi , April 30 (ANI): Vistara Airlines' head of training Vikram Mohan Dayal has been relieved of his duties following actions taken by...

Indian Oil quarterly profit falls 52% on inventory losses, lower fuel prices

BENGALURU (Reuters) - Indian Oil Corporation (IOC) reported a 52% fall in fourth-quarter profit on Tuesday, on inventory losses and as the company sold fuel below market prices. WHY IT'S IMPORTANT

Oil steady as investors eye Mideast talks, rates meeting

By Noah Browning LONDON (Reuters) - Oil steadied on Tuesday after the previous day's drop as Israel-Hamas talks offered hopes of a ceasefire even as Red Sea attacks continued, while investors awaited

Shares head for monthly loss in action-packed week

By Amanda Cooper LONDON (Reuters) -Global shares headed for their first monthly loss in six months on Tuesday ahead of a slew of economic data, earnings and the U.S. Federal Reserve's policy meeting,

Safe-haven gold on track for third monthly gain amid geopolitical woes

By Ashitha Shivaprasad (Reuters) - Safe-haven gold was poised for a third consecutive monthly gain as geopolitical risks and central bank demand lifted bullion's appeal, although prices fell on

On Camera

Tirupati controversy shows temples can’t run as public sector units. They must be privatised

A private temple could make crores by selling better laddus and investing in goshalas and captive production units to control quality.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Air Marshal A.P. Singh takes over as IAF chief, task cut out

Air Chief Marshal Singh took over from incumbent V.R. Chaudhari Monday afternoon. His top priority will be strengthening the fighting capability of the IAF, it is learnt.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?