Taiwan advances Alaska LNG deal. Taiwan said on Wednesday it was making progress in negotiations to buy liquefied natural gas (LNG) from Alaska and planned to invest up to $4.4 billion in the project. The announcement came after US President Donald Trump said Taiwan had agreed to buy 30% of the proposed project’s output.Taiwan’s economy…
NEW DELHI: ReNew has secured a $100 million (nearly Rs 955 crore) financing facility from FMO, a Dutch entrepreneurial development bank, it said on Tuesday. Extended to ReNew Solar Power under the voluntary retention route, the 10-year facility will support renewable energy projects under construction across the ReNew group, it added. Source link
Oil prices rise to to $106.58 a barrel (AI-generated image) Oil prices rose on Wednesday as traders weighed the risk of supply disruptions from escalating attacks by Yemen’s Iran-aligned Houthi rebels on Saudi Arabia against expectations of increased Russian diesel exports easing market tightness.Brent crude futures rose 89 cents, or 0.8%, to $106.58 a barrel…
A soft CPI or a dovish tone from Warsh could take gold towards $4,220-4,310. Gold price prediction today: Gold prices are likely to trade cautiously with no clear catalyst for a big rise, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is her outlook:Gold has had a…
The bench examined the additional evidence submitted by the man, including banking records and documents. (Image for representative purpose only) A man bought a residential property along with his wife and father. However, he did not file his income tax return for the year.The tax department opened his case for reassessment and adding Rs 55.2…
Indian shares are set for a muted opening on Wednesday after rallying in the previous session, as rising oil prices and sustained foreign fund outflows weighed on investor sentiment amid the ongoing corporate earnings season. GIFT Nifty futures stood at 22,764 at 7:50 am IST, signalling a muted start for the Nifty 50, which closed…
MUMBAI: The rupee rose 49 paise to close at 95.28 per dollar on Tuesday from 95.77 in the previous session, outperforming Asian currencies after RBI introduced measures to curb dollar demand and speculative positions. The measures have widened bid-ask spreads in the forwards market and shifted some activity to the non-deliverable forward market.Meanwhile, RBI governor…
CHENNAI: Zoho has paused hikes for its employees and is cutting down marketing spend due to inflation, rising AI-related expenses and challenging geopolitical and market conditions, said the company’s founder and chief scientist, Sridhar Vembu. In a post on X on Tuesday, he wrote that AI usage has driven up costs significantly amid a challenging…
NEW DELHI: Govt is all set to roll out BS-VII emission standards, aligned with Euro 7 norms, in phases, starting April 2029. The new norms will set stricter limits on harmful pollutants, including nitrogen oxides, hydrocarbons and particulate matter amid heightened pollution risks across Indian cities.BS-VII will start with new cars and SUVs manufactured from…
MUMBAI: Consumer durable loans, such as those for buying a mobile phone on EMI, are helping lenders build credit histories for younger borrowers, contributing to a decline in two-wheeler loan delinquencies to a seven-year low of 1.4% in June 2026 from 2.7% in June 2019, according to TransUnion Cibil.First-time borrowers accounted for 39% of two-wheeler…
