NEW DELHI: Senior executives of some of the highway construction companies told TOI that the increase has started impacting the road construction cost as bitumen and fuel expenses are around 30% of the project cost. “Since the commercial diesel price is revised from time to time, we are worried whether there will be another round…
NEW DELHI: Nearly six years after India tightened scrutiny of foreign direct investment from countries sharing land borders, the government has initiated a recalibration of the framework governing such investments, allowing minority ownership structures routed through overseas entities to access the automatic route while retaining approval requirements for direct investments from neighbouring jurisdictions.The Union Cabinet…
NEW DELHI: Warning of sharp inflation in the coming weeks, Congress’ Rahul Gandhi on Saturday said the Modi govt will hike the prices of petrol, diesel and LPG after the coming assembly elections, as he accused BJP of lacking strategy and direction to manage the country’s economy. Congress also accused the Modi govt of “moral…
NEW DELHI: Following a temporary waiver issued by the US administration on sanctioned Iranian oil stranded at sea, Indian refiners on Saturday said they would be keen to buy the crude, even as Tehran maintained that no surplus stocks existed.US treasury secretary Scott Bessent announced the waiver on Friday, saying that by temporarily unlocking this…
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NEW DELHI: Till Feb 27, it seemed like a usual trip back home through familiar waters for the crew of the Indian-flagged ship. But everything changed dramatically, recalled a senior officer of the vessel — that returned to India early this week after crossing the conflict-hit Strait of Hormuz — as the US and Israel…
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Bitcoin traders are paying record prices for downside protection, according to VanEck’s mid-March 2026 Bitcoin ChainCheck, a sign that investors remain defensive even as spot prices begin to stabilize. In the report, senior VanEck analysts said bitcoin’s 30-day average price fell 19% from the prior period, while realized volatility dropped from about 80 to just…
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