Headlines

Oil prices set for biggest quarterly drop since Covid as markets watch uncertain US-Iran talks

Oil prices were on track on Tuesday for their biggest quarterly decline since the early months of the Covid-19 pandemic in 2020, as investors closely monitored the possibility of fresh US-Iran talks amid growing uncertainty over a fragile ceasefire agreement.Brent crude futures for August delivery, which expire on Tuesday, rose 12 cents, or 0.16%, to…

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Finance ministry panel clears Rs 1.25 lakh crore for India Semiconductor Mission 2.0; Cabinet nod next

The Expenditure Finance Committee (EFC) under the Finance Ministry has cleared a proposal for a Rs 1.25 lakh crore outlay under India Semiconductor Mission (ISM) 2.0, marking a major step in the country’s efforts to strengthen domestic chip manufacturing and build a comprehensive semiconductor ecosystem, sources told PTI. The Expenditure Finance Committee (EFC) under the…

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Barrel of backups: India’s crude imports bounce back despite Middle East disruptions

India’s crude oil imports have bounced back to near pre-conflict levels despite prolonged disruptions in the Middle East, as refiners adjusted their sourcing mix and leaned more on alternative suppliers. According to an HSBC Global Research report, Indian refiners managed to offset the impact of the Strait of Hormuz crisis by cutting reliance on traditional…

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Jio IPO: What is Project Jupiter? How Mukesh Ambani’s Reliance worked behind closed doors for India’s biggest offering

Reliance formally set Project Jupiter in motion by October. (file photo) Project Jupiter – that was the internal name of Reliance Industries’ project to push Jio Platforms Ltd towards its initial public offering – which is all set to be the biggest that the Indian stock market has seen.At Reliance Industries Ltd.’s annual general meeting…

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Gold price prediction today: Why gold prices are unlikely to rise much in near-term; check June 30, 2026 outlook

Gold price prediction today: Gold prices are expected to continue being under pressure in the near-term as rate hike fears feed into a stronger dollar, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link Vikrant Kharwar✍️ Vikrant Kharwar Vikrant Kharwar is the Founder and Editor of News Us Media. He writes about…

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