Business News

Vedanta Chairman Anil Agarwal on Friday said that some countries, including those in West Asia, don’t want India to develop its oil and gas sector. “They don’t want us to become self-sufficient. Otherwise, what will they do with their…
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India has chosen to pause its pursuit of a comprehensive trade agreement with the United States, responding to a recent investigation initiated by the Trump administration, news agency Reuters reported on Friday. The probe, which targets…
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India’s current capacity for storage of crude oil and petroleum products needs to be ramped up by going aggressive on building Strategic Petroleum Reserves (SPR) capacity, said SM Vaidya, Former Chairman of Indian Oil Corporation Ltd.…
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Borrowers hoping to get some more respite in the coming months with another interest rate cut, could be disappointed. Inflation is rising again in India and the conflict in West Asia has led to a spike in crude oil prices and a shortage…
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Rising geopolitical tensions in West Asia, the risk of an oil supply shock if the Strait of Hormuz remains disrupted, China’s policy-driven push for a “slow bull market” in equities, and the possibility of a geopolitical setback for the…
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IT services major Infosys Ltd. has announced plans to expand its development centre in Mohali, Punjab, with the addition of a new software development block and related infrastructure covering around 350,000 square feet. The company held…
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Worry lines are beginning to crease the foreheads of CEOs of India Inc as the war in West Asia shows no sign of ending. As Iran intensifies operations on the Strait of Hormuz, through which almost 20% of the world’s seaborne oil and gas…
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Amid ongoing disruptions in LPG supplies, especially due to the US-Israel-Iran conflict, which has choked 90% of India's LPG imports via the Strait of Hormuz, Delhi-NCR has seen a dramatic rise in demand for induction cooktops. With…
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HCLTech has offered its employees at the Chennai office the option to work from home on March 12-13 after a commercial LPG shortage triggered by the ongoing war in West Asia disrupted cafeteria operations, LiveMint reported, citing…
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The ongoing geopolitical tensions in West Asia have led to severe disruptions in global LPG supplies, causing a shortage of commercial cylinders. The crisis has led to the temporary closure of restaurants, dhabas, cloud kitchens,…
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