In terms of Russian fossil fuel procurement, India’s aggregate imports amounted to €3.6 billion. (AI image) At a time when the Donald Trump administration is demanding that India stop purchase of Russian crude, India’s oil imports from Russia rose to €2.9 billion (approximately $3.4 billion as per today’s exchange rate) in August. The figure is […]
India-EU FTA: Piyush Goyal hosts European commissioners; both sides reaffirm commitment to ‘early conclusion’
India-EU FTA: Piyush Goyal hosts European commissioners (Picture credit: X/@PiyushGoyal) India and the European Union (EU) have reiterated their commitment to finalising the long-pending Free Trade Agreement (FTA) at the earliest, with both sides stressing that a balanced and mutually beneficial pact would create fresh opportunities for businesses and people.Union commerce and industry minister Piyush […]
Gold price prediction: What’s the outlook for September 12, 2025? Gold may find support at Rs 1,09,000
Gold futures on MCX hovered near ₹1,08,979, showing resilience as traders await key US economic data and clarity on the Fed’s September policy meeting. (AI image) Gold price prediction today: Gold prices are showing bullish trends and investors should look at a ‘buy on dips’ strategy, says Jateen Trivedi, VP Research Analyst – Commodity and […]
Steel capacity drive: Report projects coking coal demand to surge by 55% by 2030; import reliance seen easing below 80%
India’s dependence on coking coal is expected to grow considerably over the next five years, as the nation pushes towards its ambitious goal of 300 million tonnes (MT) of steel production capacity by 2030, according to a new report by EY Parthenon in partnership with the Indian Steel Association (ISA).As per news agency ANI, the […]
China rare earth curbs: Indian automakers strained as magnet exports yet to resume; festive season output fears grow
More than two weeks after Beijing announced easing restrictions on rare earth exports, supplies of critical magnets from China are yet to resume, leaving Indian automakers and component suppliers struggling to manage the shortfall on a day-to-day basis. Industry executives expressed concern that while high-level talks are underway between the two countries, the situation on […]
‘Priority to pull India away from China’: Trump envoy confident on trade deal; says US ‘crystal clear’ on Russian oil
The Donald Trump administration wants to ‘pull India’ to its side, away from China, according to Sergio Gor, nominee as the next US Ambassador to India. In a Senate Committee on Foreign Relations, Gor said that India and the US are on track to resolve trade related disputes.“… While we (India-US) might have our moment […]
Top stocks to buy today: Stock recommendations for September 12, 2025 – check list
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for September 12, 2025 are Reliance Industries, and Persistent Systems. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices exhibited a range-bound yet upwardly biased price action during the week, underpinned by renewed optimism surrounding […]
Infosys set for record 18,000 crore buyback after 20% fall in year
BENGALURU: The Infosys board approved a Rs 18,000 crore share buyback on Thursday, the largest in the company’s history and marking its fifth buyback since 2017. The buyback, to be conducted through the tender offer route, will be at a price of Rs 1,800 per share in cash, involving the purchase of 10 crore equity […]
Govt calls meeting to discuss plan for inventory-based e-comm exports
MUMBAI: In its bid to push e-commerce exports and open up the global market for scores of small and medium sellers, the govt is set to begin consultations with the industry to draw a framework for allowing inventory based model for e-commerce exports.While there have been growing calls from the industry to open up the […]
Tata Trusts vice-chairman Vijay Singh exits Tata Sons board
MUMBAI: In an abrupt move, Tata Trusts vice-chairman Vijay Singh (77) has resigned from the board of Tata Sons, a day before the holding company’s directors were to meet, and amid an impending RBI-mandated IPO deadline.Two main units of Tata Trusts – Sir Dorabji Tata Trust and Sir Ratan Tata Trust – collectively hold approximately […]