The US Treasury Department on Monday issued a general licence allowing the production, delivery and sale of Iranian-origin crude oil, petroleum products and petrochemicals through August 21. The United States has authorised the production, delivery and sale of Iranian oil marking a significant sanctions relief measure as Washington and Tehran continue negotiations aimed at reaching…
NEW DELHI: Tamil Nadu politics witnessed fresh turmoil on Monday after three AIADMK MLAs resigned from the Assembly and moved towards joining the ruling Tamilaga Vettri Kazhagam (TVK), prompting sharp reactions from both the Dravidian parties, DMK and AIADMK, which accused the Vijay-led party of “horse-trading”.The resignations of MLAs P Sathyabama, Maragatham Kumaravel and S…
Check out the companies making the biggest moves premarket: Akamai Technologies — Shares surged 27% after the cybersecurity and cloud computing company said a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while its revenue came in…
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MUMBAI: Reserve Bank of India has expanded the range of free services that any customer can receive from a zero-balance zero-fee basic savings bank deposit account, directing lenders to treat the product as a normal savings service rather than a stripped-down alternative.Banks have also been directed to convert existing accounts into BSBD accounts if they…
