The government has exempted excise duty on 30% ethanol component in blended petrol, which, according to experts, will proportionately reduce India’s energy imports and may also improve the margins of stressed fuel retailers as oil companies cannot pass on the benefits to the consumer. Union Petroleum Minister Hardeep Singh Puri filling E85 fuel in a…
The BRICS countries on Saturday adopted the “Indore Declaration”, committing to deeper cooperation in agriculture and launching a series of new initiatives including a global platform on farmers’ seed rights, a digital agriculture network and a platform for agroecology and regenerative farming, PTI reported.These decisions were taken at the end of a five-day meeting of…
Tata Trusts CEO pushes for ‘chaos’ narrative, cites Rs 1,600 crore philanthropic spend in FY26moneycontrol.com Tata Trusts CEO shifts focus from boardroom turmoil to philanthropybusiness Line Venu, Singh’s presence in focus at TEDT branchesThe Times of India Mehli Mistry protests non-renewal of Tata Trusts as trustee: Report | The commission given to Venu Srinivasan is…
Open claude.ai and it says, “Cloud Fable 5 is currently unavailable.” Click ‘Learn More’ and the website redirects to a statement from its creator Anthropic explaining the US government’s directive to suspend access to AI models. The US government’s directive comes at a time when Anthropic has secretly applied for an IPO. (Reuters) Anthropic, the…
South Korea’s artificial intelligence-led semiconductor boom has yet to make a meaningful impact on the broader economy, even as the Bank of Korea (BoK) is raising the possibility of a rate hike next month on concerns over the victory and financial stability, Nomura’s senior economist said.Speaking at Nomura’s Korea Equities & Economy media briefing in…
Stock market today: Dow closes on gains on Iran deal hopes; SpaceX rockets up 19% in debutinvestor’s business daily SpaceX IPO live updates: Elon Musk’s SpaceX stock rises in market debut as Dow, S&P 500, Nasdaq riseyahoo finance Oil falls, stocks rise as Trump signs Iran peace deal taking shapethe new York Times SpaceX IPO:…
Tata’s Apple iPhone factory in Tamil Nadu may have to be closed due to farm water contamination; pollutionThe Economic Times Exclusive: Tata’s iPhone parts factory contaminated farm water, alleges Indian pollution bodyreuters Indian regulator warns Tata Electronics over waste water pollution and threatens closuremezha.net Tata Electronics iPhone plant in Hosur accused of groundwater pollution, fear…
SpaceX on Thursday priced the largest initial public offering in history, selling 555.6 million shares at $135 each to raise $75 billion and value Elon Musk’s rocket, satellite and artificial intelligence company at $1.77 trillion. The stock begins trading on Nasdaq on Friday under the ticker symbol SPCX. At $135, SpaceX’s $1.77 trillion valuation —…
A judgment by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has underlined the importance of understanding tax deducted at source (TDS) obligations while purchasing property.The case involved a Mumbai resident who had jointly purchased a residential flat worth Rs 1.9 crore in the tony area of Haji Ali with her husband. He…
Sensex rises 1,695 points, Nifty 50 closes at 23,622 as US-Iran ceasefire agreement boosts sentiment; Nifty Bank rose 3%upstox Why did the stock market rise today? BSE Sensex closed above 75,500, Nifty 50 came back above 23,600 – key reasons for the rise.The Times of India Sensex jumps 1,695 points on global rally, Nifty up…
