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NEW DELHI: V D Satheesan was named the next Kerala chief minister on Thursday, ending a decade-long rule of the Left Democratic Front led by Pinarayi Vijayan in the state.The Congress announced his name after 10 days of suspense over the top leadership role, with the decision pending since May 4 following the assembly election…
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India’s demand for natural gas has been climbing steadily as the country seeks to raise the share of gas in its overall energy basket. (AI image) As concerns surrounding the Strait of Hormuz intensify, India is fast-tracking efforts to secure uninterrupted gas imports from the Gulf through a direct subsea pipeline. With energy security emerging…
A key tailwind that supposedly powered bitcoin’s recent rise above $80,000 appears to be fading. The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs), which pulled in $3.29 billion in investor money through March and April, are now leaking funds. And sizeable ones at that. On Wednesday, investors yanked $635 million from these funds, the highest…
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India has reportedly approached the United States to extend its waiver on Russian oil imports as the Strait of Hormuz continues to see disruptions for 75 days now, straining oil supplies across the world. The US had first cleared the arrangement in March and expanded it later, with the current authorisation set to remain valid…
The move to up the gold import duty comes days after PM Narendra Modi appeals to citizens to avoid unnecessary gold purchases for a year. (AI image) In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the…
