India imported an average 2.66 million barrels per day (bpd) of crude oil from Russia in June through June 19, up from 1.91 million bpd in May. India increased crude oil purchases from Russia and maintained near-record imports from the UAE in June as refiners moved to secure supplies while waiting for a full recovery…

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Improving global risk appetite and a strong rally in equities helped nine of India’s 10 most valuable companies add a combined Rs 2.15 lakh crore in market valuation last week, with Bharti Airtel emerging as the biggest gainer.The benchmark BSE Sensex climbed 1,274.95 points, or 1.68%, during the week, PTI reported.“Indian equity markets extended their…

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Speaking at an interaction with chartered accountants in Mumbai, Goyal said export growth has remained robust even as global trade faces multiple challenges. India’s merchandise exports have grown about 15% during April 1-June 14 despite ongoing global economic uncertainties and higher US tariffs, commerce and industry minister Piyush Goyal said on Sunday, signalling continued resilience…

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Petrol, diesel rates may ease as cheaper crude arrives, says oil minister Union petroleum and natural gas minister Hardeep Singh Puri on Saturday indicated that petrol and diesel prices could be reduced if lower-priced crude oil purchased recently reaches Indian refiners, while asserting that domestic fuel prices have seen only a limited increase despite sharp…

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NSE highlights key risks for India’s 2026 economy India’s macroeconomic outlook for 2026 will largely depend on monsoon performance, while the country’s equity investor base continues to expand beyond traditional markets and become younger and more diverse, the National Stock Exchange (NSE) said in its latest report.The exchange, however, highlighted that despite the rapid growth…

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India is among the world’s largest economies, with its GDP nearly doubling in the last 10 years. Yet, when it comes to the strength of its passport, it doesn’t rank even among the top 50. Neither does China for that matter. The United States of America – the world’s largest economy – also sits at…

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China’s domestic economy continues to face significant headwinds despite robust export growth, with consumer spending, property activity and credit demand remaining weak, according to a recent market strategy report by Jefferies.The report said there is “a continuing lack of any evidence of a pickup in domestic demand”, underscoring persistent challenges in the world’s second-largest economy…

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Addressing the media on the sidelines of the G7 Summit in Evian, Misri described trade, technology and regional and international security as the key pillars of discussions between the India and UK. The India-UK free trade agreement will deepen ties far beyond trade and technology, creating new opportunities for businesses and people in both countries,…

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Sebi allows easier transfer of shares of dead investors MUMBAI: The board of Sebi on Friday decided to make it easier for transfer of securities that are in the name of deceased investors to the legal heirs and claimants by simplifying and standardising the process. It also created a new category of claimants where the…

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Reliance succession plan on track, enters final leg MUMBAI: Mukesh Ambani, chairman of Reliance Industries, said the transfer of day-to-day management at the company is “almost complete”, signalling that the succession process at the energy-to-education conglomerate has entered its final stages. The 69-year-old told shareholders that his three children – Akash, Isha and Anant –…

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