Business

IOC investment push: Oil giant to spend Rs 1.66 lakh cr in 5 years, focus on refining and renewables

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Indian Oil Corporation is set to invest Rs 1.66 lakh crore over five years, expanding refining capacity and venturing into petrochemicals, natural gas, and renewables. ...

India-China trade gap: Deficit widens to $99.2 billion in 2024-25; how New Delhi plans to reduce dependence

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India-China trade has grown, but a significant trade deficit favoring China persists, raising concerns in India. Despite increased exports, imports from China far outweigh them, ...

RIL unveils green energy plan: Ambanis outline solar and hydrogen push; pushes for self-reliance in power

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Reliance Industries unveils an ambitious green energy plan, aiming to establish the world’s most comprehensive new energy system. The company will balance traditional energy dominance ...

‘Discriminatory’: Putin blasts Western sanctions against Russia; hints at deeper ties with China ahead of visit

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Ahead of his China visit, Vladimir Putin criticized Western sanctions, citing their role in Russia’s economic recession due to trade restrictions and Ukraine war costs. ...

‘Financial ruin’ for US? What happens if Trump tariffs are struck down by court — Explained

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A US federal court has dealt President Trump a blow, ruling his sweeping tariffs illegal, stating he exceeded his authority by declaring trade deficits as ...

‘As long as it’s viable’: ONGC to continue to buy Russian oil; acknowledges ‘instability’ from US tariffs

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ONGC group refineries will continue purchasing Russian oil as long as it remains financially viable, according to Chairman Arun Kumar Singh. Subsidiaries MRPL and HPCL ...

China-US trade ties: Beijing trade representative meets Washington officials; economic cooperation in focus

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Chinese trade representative Li Chenggang met with US officials to discuss economic relations and address differences through consultation. This occurred as a US Senate committee ...

Bank holiday on August 30: Are banks closed on Saturday? Check state-wise full list

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Indian bank operations will proceed normally on August 30, 2025, a fifth Saturday, while digital services remain accessible during holidays. Branch visits are necessary for ...

‘Much more work to be done’: US Spirit Airlines files for bankruptcy; operations to continue during process

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Spirit Airlines has filed for bankruptcy again, despite a recent debt restructuring, aiming to reorganize routes and cut costs. The airline, led by CEO Dave ...

‘Would be disaster if … ‘: Donald Trump doubles down on tariffs after US court calls them illegal; what next?

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Donald Trump expressed his disagreement with a US federal court ruling that deemed his global tariffs “illegal.” While the court’s decision allows the tariffs to ...