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After cloud spending, IT companies see 'token maxxing' as AI's next cost challengeIT firms are flagging a new AI challenge: 'token maxxing,' where companies prioritize AI usage metrics over actual business results. This t...- NSE signs MoU with Bharat Metal Exchange to boost non-ferrous metal derivatives marketNSE has signed an MoU with Bharat Metal Exchange to promote non-ferrous metal derivatives in India, aiming to strengthen price risk managem...
- Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
- Nearly 12 ships carrying fertiliser cross Strait of HormuzAt the onset of the Iran war, eight urea, four diammonium phosphate (DAP), one ammonia and three sulphur vessels bound for India were stran...
- ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
- A German and a Chinese walk into a hot Indian corporate battlegroundIndia's consumer durables market is heating up as global giants like Bosch enter the mass segment and tech firm Xiaomi expands into large a...
- Apple price hikes may flatten India iPhone growth; analysts cut forecast from double-digit to flatApple faces challenges in India as rising chip costs prompt price hikes. Analysts foresee flat or low single-digit iPhone shipment growth t...
- Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
- India's thermal coal imports sink to a 4-year low as green energy reshapes demandIndia's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise...
- Gold imports fall to 25-30 tonnes/month from 70-100 tonnes after duty hike: Govt sourceGold imports into India have dropped sharply. The government's decision to increase import duty is proving effective. Higher gold prices an...
- India-UK FTA levels the playing field for apparel exporters, says Pearl Global's Pallab BanerjeeIndia's apparel exports are set for a significant boost with the new UK Free Trade Agreement, finally removing a long-standing 10-12% tarif...
- India's steel capacity utilisation to stay above 90% on strong demand: KotakIndia's steel sector is booming, with demand showing impressive growth and factories running at high capacity. While steel prices have dipp...
- Lower crude may not mean cheaper fuel immediately: NIPFP economistGlobal crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...
- Global Markets: Japan exports extend growth streak despite Middle East supply disruptionsJapan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectatio...
- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
- Indian soybean acreage expected to rise on higher prices, weak monsoon outlookIndian farmers are planting more soybeans this year. Higher prices for soybeans are making them more profitable than corn. Forecasts of les...
- US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
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