The auto component industry expects the real impact of US tariffs to play out in the second half of the current financial year, with uncertainty beginning to cloud fresh export contracts even as existing supplies continue, industry body ACMA said on Wednesday.Despite global headwinds, the sector posted steady growth in the first half of FY26….
Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….
Chennai, Sep 1 (IANS ) The Chennai City Police have issued orders prohibiting the flying of drones in the city ahead of President Droupadi Murmu’s two-day visit to Tamil Nadu, citing security reasons. CHENNAI: Tamil Nadu police have detained four 17-year-old school dropouts for hacking a 20-year-old migrant worker from Odisha with sickles near abandoned…
Oil prices tumbled sharply on Monday after US President Donald Trump ordered a five-day halt to planned military strikes on Iranian power plants and energy infrastructure, easing fears of escalation in the Middle East conflict.Brent crude fell more than 15% during the session, dropping to a low of $96 per barrel breaking below the $100…
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MUMBAI: Gold loans have emerged as the top product in new originations and the second-largest retail credit book in India at Rs 16 lakh crore, trailing only home loans at Rs 44 lakh crore, according to credit bureau TransUnion Cibil, even as consumer durable loans, largely for mobile phones, have become the main entry point…
In what could potentially be a big relief, Iran has said it would allow India to use the Strait of Hormuz, clearing the way not only for 20 Indian-flagged cargo vessels stranded to its west to pass through the choke point, but also raising hopes that another 18 empty LPG tankers can go through the…
Uddhav Thackeray and Raj Thackeray jointly unveiled their manifesto, ‘Vachan Nama’ (ANI image) NEW DELHI: Shiv Sena (UBT) chief Uddhav Thackeray and Maharashtra Navnirman Sena (MNS) president Raj Thackeray on Sunday jointly unveiled their manifesto, ‘Vachan Nama’, for the upcoming Brihanmumbai Municipal Corporation (BMC) elections scheduled for January 15. This marks a major step in…
Online shopping platform Meesho’s initial public offering (IPO) has entered its third and the last day of bidding, with the issue oversubscribed 9.07 times so far. The issue continues to attract high interest from investors, with bids having been received for 221 crore shares against 27.79 crore shares on offer. The IPO has also drawn…
An attacker has used an “infinite mint” bug in a vulnerable smart contract on the Secret Network to create unbacked, wrapped versions of Axelar-wrapped assets, resulting in a $4.67 million exploit. The exploit happened on June 10 but was discovered a week later on June 17, after a failed cross-chain transaction caused by an “insufficient…
