Reliance Jio In Talks With Investors To Sell 8% Of Individual Stakes In IPO

Mukesh Ambani’s Reliance Jio Platforms has held talks with 13 marquee foreign investors to sell down 8% of individual stakes in an upcoming Mumbai listing of the telecoms-to-AI company, sources familiar with the matter said.Ambani’s ​Jio Platforms, which houses the world’s second Read More

US Imposes 100% Tariff On Patented Pharma Imports; India Faces Mixed Impact

The US President Donald Trump’s decision to impose a 100 per cent tariff on patented pharmaceutical imports–citing national security and supply chain risks following a Section 232 probe–is expected to have a mixed impact on India.Crucially for India, the proclamation clarifies Read More

US Payrolls Set for March Recovery but Mideast Conflict Poses New Labor Market Risks

U.S. job growth likely rebounded in March as a strike by healthcare workers ended and temperatures warmed up, but downside risks to the labor market are mounting from the dragging war in the Middle East.The anticipated bounce back will be a reversion to last year’s near stall-spe Read More

SBI Trustee Cuts Ties: HDFC And ICICI Shares Linked To Sky Gold Freed

SBI Trustee Company Ltd (STCL), the wholly-owned subsidiary of SBI Capital Markets, has informed both stock market exchanges BSE, and NSE that it has released pledged shares of ICICI Bank, and HDFC Bank, which were held in its favour as Security Trustee for Sky Gold and Diamonds. Read More

Shell, TotalEnergies, and BP Eye Majority Stake in U.S. Gulf Oil Field, Sources Claim

European energy majors TotalEnergies and Shell are among companies eyeing a majority stake in one of the U.S. Gulf’s most promising sites, three sources with knowledge of the process said, as interest in North American energy prospects rises due to the Middle East conflict.London Read More

Gold Rates Today: Did Gold Prices Plummet? – Check Yellow Metal Rates In Hyderabad, & Other Key Cities

Gold Rates Today: The gold prices are still being triggered majorly by global headlines linked to the US-Israel conflict with Iran, leading to a sharp correction after recording multi-day rally, as profit booking weighed on the precious metal in early trade.The yellow metal had s Read More

Govt Suspends 60% ‘Free Of Charge’ Seat Selection Rule In Airplanes

New Delhi: The Ministry of Civil Aviation has suspended the rule to allow 60% of seat selection free of charge in every flight.This comes just weeks after the Directorate General of Civil Aviation (DGCA) directed the airlines to offer at least 60% of seats for selection on every Read More

Blinkit Inside Mumbai Airport: Premium Charges, Airport Tax, All Your Questions Answered

Chhatrapati Shivaji Maharaj International Airport has become the first in India to integrate quick commerce directly at an airport. In a partnership with Adani Airport Holdings Limited (AAHL), Blinkit is now delivering over 2,500 products to travelers inside Terminal 2 (Domestic Read More

India Faces Second Year of Sugar Deficit as Mills Close Early

India’s sugar production is set to fall below consumption for a second straight year, as lower cane yields force mills to close faster than usual, trade officials told Reuters on Thursday.Lower output, coupled with rising exports, is likely to reduce domestic stockpiles and suppo Read More

Ukraine Drone Strikes Likely to Force Russian Oil Output Cuts as Pipelines Choke: Sources

Russian oil output cuts are imminent because Ukraine’s strikes on port infrastructure, pipelines and refineries have reduced export capability by 1 million barrels per day, or a fifth of total capacity, three industry sources said on Thursday.A cut in output in Russia, the world’ Read More