Will ONGC Videsh Soon Resume Operations In Venezuela?

ONGC Videsh, the overseas arm of Oil and Natural Gas Corporation Ltd, expects to restart operations in Venezuela, after the United States look at stabiising the country’s energy sector.India’s flagship energy major awaits formal approvals after Reliance Industries Ltd received a Read More

Centre Allows 25 Lakh MT Wheat Exports, Additional Sugar Exports – Here’s Why

The central administration has approved the export of 25 lakh metric tonnes of (LMT) wheat alongside an additional 5 LMT of wheat products to stabilise domestic markets and ensure remunerative returns to producers.According to the Ministry of Consumer Affairs, Food and Public Dis Read More

PIB Flags Fake AI-Generated Video Using Finance Minister’s Name to Push Investment Scam

The government has issued a warning after a digitally manipulated video falsely featuring Union Finance Minister Nirmala Sitharaman began circulating online, promoting a fraudulent investment scheme with unrealistic return claims.In a post on social media, PIB Fact Check said the Read More

Does India’s Fresh Consumer Price Index Series Address IMF Concerns?

India’s new consumer price series, which promises broader representation, addresses IMF notified concerns linked to the South Asian nation’s data integrity, according to a top central administration official.“We have fundamentally changed the nature of the classification that we Read More

World Shares Mixed After Sharp Wall Street Losses On AI-related Worries

World shares were mixed on Friday, following sharp Wall Street losses on a sell-off of technology-related stocks that investors fear could lose out from artificial intelligence disruptions.U.S. futures edged lower. The future for the S&P 500 fell less than 0.1%, while that for th Read More

Reliance Industries Ltd Wins US License For Venezuelan Oil – Here’s Why

The United States has issued a general licence to Reliance Industries Ltd that will allow the refiner to buy Venezuelan oil directly without violating sanctions, two sources familiar with the matter said.Following the US capture of Venezuelan President Nicolas Maduro earlier this Read More

India’s Exports Rise 8.5% in Q2 FY26, NITI Aayog Weighs In

India’s exports grew 8.5 per cent in the July-September quarter of FY26, marking an improvement over the previous quarter and underscoring resilience in trade amid global uncertainties, said NITI Aayog Senior Lead Pravakar Sahoo.”The major takeaway is that we have done well in th Read More

Capgemini CEO Dismisses Calls For Full European Tech Autonomy

Capgemini CEO Aiman Ezzat on Friday dismissed calls for a total technological sovereignty in Europe, at a time when fraying transatlantic relations have stoked concerns about the region’s dependence on U.S. tech majors.The French IT services group, which serves government agencie Read More

New CPI Clearly Differentiates Rural From Urban Inflation: Chief Economic Adviser

New CPI Series: After the base year for consumer price index (CPI) was shifted from 2012 to 2024, Chief Economic Adviser, Dr. V Anantha Nageswaran, noted that the updated CPI will enable a clearer distinction between rural and urban inflation at the state level.”As we all know ve Read More

Why 117 Rafales Could Fire Up India’s Defence Sector Stocks: Goldman Sachs Weighs In

India’s defence sector stocks could see sustained investor interest after the Defence Acquisition Council (DAC) cleared a proposal to procure 114 Rafale fighter jets, a move that could materially expand domestic manufacturing, maintenance, and aerospace supply-chain opportunities Read More