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Crude oil has climbed close to $110 per barrel as West Asia tensions and stalled US-Iran talks tighten global supply. The surge raises concerns for India, a major importer, as it could push inflation, increase fuel import bills, and pressure the rupee. Experts warn prolonged high prices may affect growth, transport costs, and household budgets […]
Hyderabad is witnessing fuel queues again, but officials say there is no real shortage. The situation is driven mainly by panic buying triggered by rumours of global oil disruptions linked to US–Iran tensions. Some petrol pumps also face credit and delivery issues. Authorities insist supply remains stable and adequate across Telangana.
India and Russia are fast-tracking a ₹20,000-crore joint venture urea plant in Togliatti, Russia, with a capacity of 2 million tonnes annually. The project, involving Indian firms and Uralchem, is expected to be completed in two years. It aims to secure fertiliser supply as the Middle East conflict disrupts global markets.
Indian markets ended lower on Monday as rising Brent crude, driven by US-Iran peace uncertainty, weighed on sentiment. Sensex fell 417 points and Nifty slipped below 24,000. Broader markets gained, while banking stocks lagged. Oil & gas and metals outperformed. Investors also awaited multiple Q4 earnings from major companies across sectors.
Six major fossil fuel companies are projected to earn about $2,967 every second, according to an Oxfam report. Their combined profits may reach $94 billion while households face rising energy bills. The study highlights growing inequality, as geopolitical tensions deepen the cost-of-living crisis.
The RBI will auction ₹14,500 crore worth of State Government Securities today, April 28. States like Assam, Bihar, Kerala, and UP will offer securities with 3-23 year tenors. Conducted via E-Kuber, bidding runs from 10:30 to 11:30 AM. Retail investors can participate via RBI Retail Direct. Results will be announced the same day, with settlement […]
Indian stock markets opened on a marginally positive note in early trade, with Sensex rising 27 points to 77,331.21 and Nifty 50 gaining over 37 points to 24,131.44. However, the rupee weakened to 94.04 against the US dollar, signaling currency pressure. In global commodities, Brent crude oil futures traded at 109.50 per barrel, indicating mixed […]
The BSE Sensex and NSE Nifty 50 are trading higher today. The Sensex gained 372 points to reach 77,036, while the Nifty rose 122 points to 24,020 in early trade. Meanwhile, the Indian Rupee stood at 94.25 against the US dollar. Positive market sentiment and consistent buying in key stocks supported this steady upward movement […]
A 24-year-old entrepreneur claims he built a ₹1 crore startup in just four months after quitting his job. He says the idea came from solving a gap in the creator economy using an automation platform. The startup has grown quickly, and his next goal is to scale it to ₹10 crore in revenue.
Here are the silver prices per 10 grams today in top cities of India. ★ Chennai – ₹2,700, ★ Mumbai – ₹2,600, ★ Delhi – ₹2,600, ★ Kolkata – ₹2,600, ★Hyderabad – ₹2,700, ★ Bangalore – ₹2,600, ★ Kerala – ₹2,700, ★ Pune – ₹2,600, ★Ahmedabad – ₹2,600, ★ Jaipur – ₹2,600, ★ Lucknow – […]
Severe heatwaves across India have led to a sharp rise in online orders for cooling and hydration products. Platforms like Swiggy Instamart, Zepto, and Flipkart Minutes are seeing increased demand, especially in Hyderabad and Bengaluru. Consumers are relying on 10-minute delivery services for instant relief as temperatures hit record highs nationwide.
Finance Minister Nirmala Sitharaman has warned Indian banks about rising cyber risks driven by artificial intelligence, highlighting potential fraud threats to the financial system. She urged lenders to strengthen cybersecurity, and improve real-time threat intelligence sharing. Officials stressed that AI-powered attacks could challenge banking security frameworks.
Elon Musk dropped fraud claims against OpenAI and co-founders Sam Altman and Greg Brockman, narrowing his lawsuit before trial. A judge allowed only two claims from 26. Musk alleges mission drift after Microsoft funding. He seeks $134 billion in damages. The trial will proceed in two phases, with a jury issuing a non-binding advisory verdict.
All banks in India are closed today, April 25, as it is the 4th Saturday of the month, an official bank holiday. Both public and private sector branches remain shut for in-person services. However, customers can still access ATMs, mobile banking, and UPI payments, ensuring smooth digital transactions despite the branch closure nationwide today.
Paytm has clarified that its services remain uninterrupted despite RBI restrictions. It stated that most app functions continue smoothly, including UPI payments, wallet usage, and ticket bookings. The statement aimed to reassure users of stable operations. The fintech firm emphasized normal functioning across all key features and urged users to continue it.