Beijing increasingly controls the marginal barrel of demand – whether it is purchased, stored, released or withheld. For half a century, the global oil market has revolved around two centres of power. The Gulf, led by Saudi Arabia, controlled spare production capacity. The US supplied military protection and financial muscle to Gulf oil. Together, Washington…
Govt said the wider sourcing network is aimed at reducing India’s dependence on any single country, region or transit route. India has sharply widened its energy import base, sourcing liquefied natural gas (LNG) from 15 countries, up from six, and crude oil from 41 countries, compared with 27 earlier, as per govt’s statement to Rajya…
ONGC, Shell Energy India set to explore deepwater blocks, LNG sourcing opportunities Oil and Natural Gas Corp (ONGC) and Shell Energy India Private Ltd have signed a non-binding MoU to explore joint opportunities in deepwater and ultra-deepwater oil and gas exploration. The two companies will also look at opportunities for LNG sourcing, ONGC said on…
CCEA is a high-level committee headed by PM Modi. The government is considering a proposal to raise the threshold for foreign direct investment proposals requiring approval from the Cabinet Committee on Economic Affairs (CCEA) to Rs 15,000 crore from Rs 5,000 crore at present to further improve the country’s investment climate, according to sources. CCEA…
Citing an example, it said a typical firm operating in India currently navigates an archaic and disconnected web of regulations consisting of 1,536 distinct Acts, which collectively impose 69,233 separate compliance requirements and mandate 6,618 independent statutory filings across the three tiers of govt. NEW DELHI: Stakeholders have informed a parliamentary committee that despite multi-phased…
The tax-filing portal will show whether the refund is under processing, issued, or adjusted against an outstanding tax demand. ITR filing FY 2025-26: Filed your income tax return within the July 31, 2026 deadline? Are you eligible for an income tax refund? If you are wondering when your tax refund will be credited in your…
Gold price today: Gold’s safe-haven appeal is changing as inflation, interest rates emerge as bigger price drivers Gold’s traditional safe-haven appeal during geopolitical conflicts appears to be changing, with inflation, interest rates and monetary policy now playing a bigger role in determining bullion prices, according to a report by Motilal Oswal Financial Services Ltd (MOFSL)….
Stock market recommendations: AIA Engineering, and Cochin Shipyard are the top stocks to buy identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for August 10, 2026 week. The expert has also shared a technical view on Nifty50 and Bank Nifty for the coming days: Stock recommendations: AIA EngineeringAIAENG has given a…
Rupee trades in red on Monday Rupee began the week on a negative note, weakening 8 paise to 95.25 against the US dollar in early trade as a firmer greenback and higher global crude oil prices put pressure on the currency.The fall was limited by foreign institutional investor (FII) inflows and the country’s stronger foreign…
Top stocks to buy for the week starting August 10, 2026. Stock market recommendations: Motilal Oswal Wealth Management Research Desk has identified Happy Forgings and Siemens Energy as the top stocks to buy for the week starting August 10, 2026. Let’s take a look: Name CMP (Rs) Target (Rs) Upside (%) Happy Forgings 1895 2095…