Business

India’s oil demand growth fastest in world, unfettered by green push: BP

Photo of author
India’s oil demand is set to surge by over 68% to 9.1 million barrels per day by 2050, driven by robust economic growth, making it ...

US-Brazil trade: Lula wants Donald Trump to drop 40% tariffs; leaders discuss ties over phone

Photo of author
US President Donald Trump and Brazilian President Luiz Inácio Lula da Silva held a 30-minute call to discuss the 40% US tariff on Brazilian imports. ...

Global energy export battle: China dominates US; clean tech eclipses fossil fuels

Photo of author
A global energy export race is on, with the US pushing fossil fuels and China leading in clean tech sales. China’s electric vehicles, solar panels, ...

‘EV prices to match petrol in 4-6 months’: Nitin Gadkari outlines auto sector vision; aim for global leadership

Photo of author
Union Minister Nitin Gadkari anticipates electric vehicle prices will match petrol vehicles within six months, driven by India’s substantial fuel import bill. He also aims ...

‘Zero faith’: If Trump’s tariffs are overturned, how easily will businesses get back billions in refunds? It could be a nightmare!

Photo of author
If the Supreme Court rules against US President Donald Trump’s tariffs, it could trigger a massive refund of billions in duties, posing significant administrative hurdles. ...

India losing trade ground? China crucial for manufacturing exports, says Niti Ayog CEO; tariff cuts needed on key inputs

Photo of author
NITI Aayog CEO BVR Subrahmanyam warned India risks losing global market share without increased exports to China and reduced import duties on raw materials. He ...

Investing in gold? Here’s how your gains will be taxed—rules for physical gold, SGBs, MFs explained

Photo of author
Gold prices are soaring, but new tax rules from July 23, 2024, impact investors. Physical gold, ETFs, and mutual funds lose indexation benefits, with higher ...

India’s oil consumption to surpass all by 2050! 5.4 to 9.1 million bpd rise predicted; overall energy to hit 12%

Photo of author
India’s oil consumption is projected to lead globally by 2050, driven by robust economic growth, reaching 9.1 million barrels per day. Natural gas demand will ...

US markets open in green: Tech boost aided by AMD-OpenAI deal lifts Wall Street; investors shrug off govt shutdown concerns

Photo of author
US stock markets opened higher, driven by AMD’s significant AI partnership with OpenAI. This deal, expected to generate billions in revenue, saw AMD shares surge ...

Six firms get Sebi nod for IPOs: Lenskart, Wakefit among them; proceeds to fund expansion and brand initiatives and more

Photo of author
Lenskart Solutions and Wakefit Innovations, along with four other companies, have received Sebi’s approval for their IPOs. Lenskart plans to raise Rs 2,150 crore for ...