Indian Oil Stocks Slide 3% as Strait of Hormuz Closure Triggers Global Energy Supply Panic

Shares of India’s state-run oil marketing companies (OMCs) tumbled on Thursday as global crude prices surged following Iran’s declaration that the Strait of Hormuz is closed to all maritime traffic.The escalating conflict in the Middle East has rattled investor confidence, as the Read More

Facing a Power Cut? Check If Your Delhi Locality Is Affected By Maintenance Today

New Delhi: Residents across several parts of Delhi may experience temporary power disruptions on Thursday, June 11, as electricity distribution companies carry out maintenance and infrastructure upgrade work ahead of the monsoon season.The scheduled shutdowns will affect multiple Read More

TCS Joins Anthropic Alliance to Drive Enterprise AI Scaling Amidst Shifting IT Industry Models

India’s Tata Consultancy Services has partnered with Anthropic to launch an alliance to drive enterprise AI scaling, the country’s largest software services exporter said on Thursday.The partnership comes at a time when investors are concerned that AI tools will disrupt the tradi Read More

HDFC Bank Likely To Emerge As Key Beneficiary Of RBI’s FCNR-B Mobilisation: Jeffries

HDFC Bank could emerge as one of the key beneficiaries of the Reserve Bank of India’s latest measures aimed at attracting foreign currency inflows, with brokerage firm Jefferies noting that the lender was the largest mobiliser of funds under the FCNR-B scheme launched in 2013.The Read More

How the U.S. Became the World’s Top Oil Exporter: Shifts in Global Energy Markets and Leverage

The United States has become the world’s largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies’ grip on energy markets as Washington’s war with Iran reshapes global energy trade. America’s ascendancy Read More

Indigo Issues Travel Advisory for Middle East; Urges Passengers to Check Flight Status On Website

New Delhi: IndiGo Airlines on Thursday issued a travel advisory expressing concern for passengers amid tensions in the Middle East. The airline urged customers to track its official social media channels for updates on flight status. In a post on X, IndiGo said it is closely moni Read More

Gold Steadies Near Support Level as Markets Await U.S. Inflation Data Amid Oil Price Surge

Gold prices steadied after hitting a six-month low on Thursday, as investors awaited a key U.S. inflation report that could shed more light on the Federal Reserve’s policy outlook.Spot gold rose 0.1% to $4,077.39 per ounce by 0429 GMT, after hitting its lowest since November 21 a Read More

From Sending White Sarees To Wearing One TMC Leader’s White Saree ‘Threat’ Comes Full Circle

New Delhi: A video purportedly showing a Trinamool Congress (TMC) leader being made to wear a white saree by locals has gone viral on social media, reigniting a political controversy surrounding the alleged use of white sarees as intimidation tools against BJP workers in West Ben Read More

TMC In Historic Collapse: Prakash Chik Baraik Quits After Sukhendu Sekhar & Sushmita Dev Desert Mamata

The All India Trinamool Congress (TMC) has plummeted into an unprecedented, catastrophic existential crisis. In the latest crippling blow to hit Mamata Banerjee’s high command, Rajya Sabha MP Prakash Chik Baraik has officially resigned, marking the third high-profile parliamentar Read More

Confirmed: 2 Indian Seafarers Killed, Chief Engineer Missing After US Strike On Oil Tanker Off Oman

Two Indian seafarers who were among three crew members reported missing after a US military strike on the oil tanker MT Settebello off the coast of Oman yesterday have been confirmed dead, the Forward Seamen’s Union of India (FSUI) said on Thursday.India on Wednesday lodged a str Read More