[ad_1] IndianOil chairman Arvinder Singh Sahney NEW DELHI: The disruption in Russian oil exports caused by the latest US sanctions will have no impact on India’s energy security in terms of supply as a diversified procurement matrix and technical flexibility allows Indian refineries to tap multiple alternatives, Arvinder Singh Sahney, chairman of IndianOil, told TOI.“We…
[ad_1] MUMBAI: US assets management giant Capital Group, one of the biggest foreign funds in India that globally manages over $2.6 trillion, has picked up a 5% stake in Sammaan Capital (formerly Indiabulls Housing Finance) in its latest qualified institutional placement (QIP) round that was worth Rs 1,300 crore. Other marquee investors in the Indian…
[ad_1] MUMBAI: Billionaire Sajjan Jindal‘s JSW Group is venturing into the non-ferrous metals business, with an investment of Rs 2,600 crore, following its entry into the automobile sector last year. The focus will be on copper, a critical material used in EVs, renewable energy infrastructure, electronics, and telecom. JSW will face competition from Adani Group,…
[ad_1] Stocks to sell today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Hindalco and Infosys are the top stocks to sell today:Hindalco Sell @ Rs 586 Stoploss at Rs 611; Target Rs 540Hindalco has broken down a long-term trend line on the higher…
[ad_1] BENGALURU: DeepSeek’s dramatic impact on tech stocks worldwide on Monday was likely also the result of the huge interest it has generated among consumers. The Chinese artificial intelligence app has soared to the No. 1 spot in Apple’s App Store productivity category across major markets including the US, UK, China and India, overtaking ChatGPT…
[ad_1] Taxpayers who continue to favor the traditional structure are still hopeful for adjustments which are at least reflective of the rising inflation and costs of living in India. By Ravi JainBudget 2025 income tax expectations: The announcement of new income tax regime in India’s Union Budget 2020 was a progressive step by the Hon’ble…
[ad_1] Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion. The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.Billionaires whose fortunes…
[ad_1] Budget 2025 Expectations Live: Hope for significant investments in large-scale infrastructure projects “The industrial explosives sector is a cornerstone for India’s mining and infrastructure ambitions. As we look to the Union Budget 2025, we hope for significant investments in large-scale infrastructure projects, especially in sectors like railways, highways, and mining, which directly drive demand…
[ad_1] Nifty displays a negative short-term trend, with support at 22,700-22,650 levels. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Tuesday. While BSE Sensex was up over 400 points, Nifty50 was above 22,900. At 9:16 AM, BSE Sensex was trading at 75,795.53, up 429 points…
[ad_1] MUMBAI: Retail credit growth in India slowed in Q2FY25, with affordable housing and low-cost two-wheeler loans recording the steepest decline. According to the TransUnion Cibil credit market indicator report for the Sept quarter, loans disbursed for affordable housing (up to Rs 35 lakh) fell 12% year-on-year, while loans for houses between Rs 35 lakh…
