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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…
NEW DELHI: The Enforcement Directorate on Wednesday seized Rs 5.12 crore in cash, a suitcase containing gold and diamond jewellery worth Rs 8.80 crore, and documents linked to assets worth Rs 35 crore during searches at a Delhi house, officials said.The raid at the residential premises in south Delhi’s Sarvapriya Vihar is being undertaken by…
Domestic equities are expected to remain volatile this week as investors track the Reserve Bank’s monetary policy decision, global macroeconomic cues and evolving developments in the West Asia conflict, analysts said, according to PTI.Market participants will also keep a close watch on crude oil price movements and foreign fund flows, which continue to influence sentiment.Vinod…
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MUMBAI: The Irdai on Friday, fined Reliance General Insurance Rs 1 crore in Hyderabad for routing unauthorised payouts through marketing and awareness expenses that amounted to disguised commissions. The penalty follows Irdai’s examination of transactions across FY19, FY20 and FY21. According to the regulator, the insurer channeled payments to brokers, agents, corporate agents and unlicensed…
NEW DELHI: Five years after starting the process, the Centre has called off the disinvestment of IDBI Bank after the bids received found to be lower than the reserve price.Those familiar with the process said govt will decide the future course of action, including calling for fresh bids so that it can realise the best…
Nvidia CEO Jensen Huang said the company’s next-generation Vera Rubin platform is already in “full production,” unveiling fresh details at the CES tech event in Las Vegas about hardware that he says can deliver five times the artificial-intelligence computing of Nvidia’s previous systems. Rubin is expected to arrive later this year and is aimed squarely…
Screengrab source: X/@AITCofficial NEW DELHI: The All India Trinamool Congress on Thursday levelled sharp allegations against the Bharatiya Janata Party (BJP) and the Election Commission , accusing them of “gross electoral fraud” and “murder of democracy in broad daylight” over alleged irregularities involving ballot boxes.In a post on X, the party shared CCTV footage and…
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