File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140 million barrels of Iranian oil currently stranded on tankers in a bid to boost global supply and cool surging crude prices, as the war in the Gulf continues to hammer energy infrastructure and disrupt shipping…
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NEW DELHI: With the Centre seeking the support of Congress for possible amendments to the women’s reservation law, it called on the Modi govt to chair an all-party meeting by PM Narendra Modi to discuss the subject.Govt sources said they have already taken the initiative by reaching out to different opposition parties, including Congress. “It…
NEW DELHI: An increase in petrol and diesel prices in the near future is not ruled out, government sources said on Friday, as losses mount from a four-year-old freeze in retail rates despite the sharp rise in global crude oil prices. International crude oil prices this week climbed to a four-year high of USD 126…
US President Donald Trump has congratulated PM Modi on his “historic” election victory, a White House spokesman said Tuesday, in an apparent take on the recent round of assembly polls that were headlined by BJP’s big win in West Bengal.White House spokesman Kush Desai spoke of Trump’s warm sentiments for Modi, noting that the US…
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Goldman Sachs maintained its buy rating on Reliance Industries with the target price at Rs 1,910. Analysts said the company reported Jan-March (Q4FY26) earnings before interest, taxes, depreciation and amortisation (EBITDA) miss due to weak oil-to-consumer (O2C) margin capture, while high crude premiums and logistics costs offset strong product cracks. Analysts expected sequential margin recovery…
Dubai records Dh422m apartment sale, third highest ever amid regional tensions Dubai’s ultra-luxury property market has delivered another headline-grabbing milestone. Even as geopolitical tensions ripple across the Middle East, the emirate has recorded a Dh422 million apartment sale, the third-most expensive residential apartment transaction in its history, highlighting the remarkable resilience of Dubai’s high-end real…
