Beijing’s billion-barrel weapon: Why India must prepare for China-driven oil prices

Beijing’s billion-barrel weapon: Why India must prepare for China-driven oil prices

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…

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ONGC, Shell Energy India sign MoU to explore deepwater blocks, LNG sourcing opportunities

ONGC, Shell Energy India sign MoU to explore deepwater blocks, LNG sourcing opportunities

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…

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Stocks to buy: What’s the outlook for Nifty for August 10-August 14 week? Check list of top stock recommendations

Stocks to buy: What’s the outlook for Nifty for August 10-August 14 week? Check list of top stock recommendations

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…

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As demand shoots up, banks strengthen gold loan muscle

As demand shoots up, banks strengthen gold loan muscle

Indian Bank has identified 725 branches as Gold Shoppe branches with dedicated staff and enhanced customer service facilities. The bank has added 982 empanelled appraisers in the past six months, taking the total to 3,538. CHENNAI/MUMBAI: Banks are strengthening branch-level gold loan capabilities by adding appraisers, investing in testing equipment and digitising processing as demand…

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Spooked by CAS, retail traders call for boycott

Spooked by CAS, retail traders call for boycott

“One day trading boycott against regulations and rising taxes impacting retail traders,” said another post with over 15,000 followers. MUMBAI: Day traders have started an online campaign to boycott trading for a day in the stock market on Aug 12, in protest against the recently introduced Closing Auction Session (CAS). They feel the new system…

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Gold, Silver Rate Today Live Updates: Precious metals may continue rally; US inflation, Iran tensions and more in focus

Gold, Silver Rate Today Live Updates: Precious metals may continue rally; US inflation, Iran tensions and more in focus

Gold, silver price today: US-Iran developments could trigger sharp bullion swings Geopolitical developments are likely to remain an important source of volatility for precious metals, particularly as markets assess developments involving the US and Iran. Analysts have warned that an unexpected diplomatic or military announcement could result in sharp moves in bullion. Gold traditionally attracts…

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‘Compliances major friction point for companies’

‘Compliances major friction point for companies’

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…

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Maruti Suzuki chairman seeks faster reforms

Maruti Suzuki chairman seeks faster reforms

In his message to shareholders in the company’s annual report for 2025-26, the veteran industry leader also requested all political parties to support reforms and programmes NEW DELHI: Maruti Suzuki India chairman RC Bhargava has urged the Centre and state govts to proceed faster on the road of reforms and increase efforts to make doing…

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LIC chief flags pressure of global turmoil on industry

LIC chief flags pressure of global turmoil on industry

On premium basis, the persistency was 75.3% and 61.1%, respectively and 75.6% and 63.9%, for the comparable period last year. MUMBAI: Economic and geopolitical uncertainty is beginning to weigh on household savings and insurance demand, with LIC reporting pressure on long-term policy persistency and caution in premium growth even as its first-quarter profit and value…

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