‘Oil Cos Have Ramped Up Output By 25%’ NEW DELHI: Govt on Wednesday said oil companies have ramped up LPG output by 25%, helping bridge a part of the deficit due to deficient imports, and advised against panic buying as cylinders were being delivered in two-and-a-half days. India imports around 60% of LPG. “Feedback suggests…
Michael Burry attends “The Big Short” New York premiere at the Ziegfeld Theater in New York, Nov. 23, 2015. Andrew Toth | Filmmagic | Getty Images Michael Burry is sticking with his bearish wager against Palantir Technologies, even after a public endorsement from President Donald Trump helped lift the stock. The investor of the “Big…
India to grow at a healthy 7% in 2026-27 despite global uncertainties: CareEdge Even with external uncertainties lingering, the Indian economy is expected to record healthy growth of seven per cent in the upcoming financial year 2026-27, CareEdge Ratings has asserted.The growth momentum, according to the rating agency, will be supported by factors such as…
Russian President Vladimir Putin. (AP photo) Russia’s energy revenues are surging as the Iran war rattles global oil markets, with Vladimir Putin estimated to be earning at least $760 million a day from oil and gas exports.According to the Kyiv School of Economics (KSE) Institute, monthly revenues could nearly double from about $12 billion to…
Tether, issuer of the world’s most popular stablecoin USDT, wrapped up 2025 with a net profit of over $10 billion, the company reported Friday, bolstered by steady growth in its flagship token and growing exposure to U.S. Treasuries and gold. The fourth-quarter attestation, signed by accounting firm BDO Italy, showed Tether holding $6.3 billion in…
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File photo: Unnao rape case survivor speaking to media (Picture credit: ANI) NEW DELHI: Unnao gangrape survivor and her mother met Rahul and Sonia Gandhi on Wednesday evening to seek help in their legal fight against convicted attacker Kuldeep Sengar who has been granted bail. The victim has also sought relocation to a Congress-ruled state…
The windfall tax was introduced to ensure that adequate domestic supplies of petroleum products remain available. (AI image) The windfall tax on exports of diesel and aviation turbine fuel (ATF) has been lowered effective May 1, 2026. The excise duty on petrol and diesel sold in the domestic market will remain unchanged. The levy on…
The seemingly daily disruption of business models by advances in artificial intelligence continued Monday, sending stock market averages and crypto prices sharply lower. Today’s victim (in addition to the usual ones) was IBM, after Anthropic said Claude code can automate COBOL modernization. “COBOL [Common Business-Oriented Language] is everywhere,” said Anthropic. “It handles an estimated 95%…
