Oil prices climbed on Friday as investors remained uncertain about the prospects of a breakthrough in ongoing US-Iran peace negotiations, while concerns over supply disruptions through the Strait of Hormuz continued to support the market.Brent crude futures rose $2.38, or 2.3 per cent, to $104.96 a barrel by 0034 GMT, while US West Texas Intermediate…
NEW DELHI: Govt is staring at a major shortage of bitumen due to the ongoing West Asia conflict, which is set to impact construction and maintenance of tar roads. While the price of VG-40 – the most commonly used grade of bitumen – has almost doubled since the conflict began, its availability has plummeted compared…
NEW DELHI: India’s largest carmaker Maruti Suzuki will raise prices across its vehicle line up by up to Rs 30,000 from next month, citing elevated inflationary pressures and a persistently adverse cost environment. Some of the other car makers indicated that they are also reviewing prices, while some have already raised it.In a regulatory filing…
NEW DELHI: The first ever index of services production (ISP) is set to be released around July, complementing the new index of industrial production (IIP) series, which will come out on June 1 with the revised base year 2022-23. This new index, which has been in making for several years, will help assess the shortterm…
NEW DELHI/MUMBAI: Amid a depreciating rupee, commerce and industry minister Piyush Goyal on Thursday said govt is considering several measures to contain the widening current account deficit (CAD). “We are monitoring the situation. All the various arms of the govt are working as a team. Several steps are under consideration. The situation globally is quite…
Blockchain.com said it confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The number of shares to be offered and the proposed price range have not yet been determined, according to an announcement on Thursday. A confidential filing allows companies to begin the SEC review process…
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FALTA/KOLKATA: Bengal’s Falta assembly constituency clocked a high 87.9% turnout (till 8pm) in Thursday’s repoll as voters, guarded by heavy CAPF deployment, spoke of casting ballots “without fear” for the first time in years, while TMC flags all but disappeared after party candidate Jahangir Khan withdrew from the contest 48 hours before voting.Polling remained peaceful,…
Hyperliquid’s HYPE is the outlier in crypto, rising 16.5% over the past 24 hours to a new record high. Source link
