More than four decades after it was first being filled, the US emergency oil stockpile has fallen to its lowest level. The Trump administration has continued drawing oil from the Strategic Petroleum Reserve (SPR) to ease the economic impact of the war with Iran, pushing the US emergency crude stockpile to its lowest level since…
NEW DELHI: Chairing a meeting here to assess preparedness and security arrangements for the annual Amarnath Yatra, home minister Amit Shah on Friday directed the J&K police, central forces and other agencies to form an impregnable, multi-layered security grid along the yatra route, while also securing all major tourist destinations in the Union territory.At the…
In the 1990s, exchange-traded funds (ETFs) were a novel idea. Many saw them simply as a new wrapper for traditional assets – a convenient repackaging of mutual funds. In reality, ETFs triggered a market structure revolution. By introducing creation/redemption mechanisms and arbitrage-driven liquidity, ETFs fundamentally changed how markets functioned and how investors accessed assets. ETFs…
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Homebuyers can seek relief for delay after possession: Supreme Court NEW DELHI: Taking possession of a flat would not bar homebuyers from raising complaints against real estate companies for deficiency in services. Supreme Court has held that homebuyers can approach consumer forums against developers to seek compensation for delayed possession even after taking custody of…
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KOLKATA: In a major relief to thousands of migrant workers, students and NRIs summoned for physical SIR hearings, Election Commission on Wednesday said relatives of electors who live outside Bengal can appear for hearings on their behalf.Hearings for 94.5 lakh voters with logical discrepancies, which will begin on Thursday, will have to be completed by…
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File photo (Picture credit: AP) Asian markets climbed on Wednesday as softer US data strengthened expectations that the Federal Reserve will cut interest rates next month, while crude prices steadied after touching one-month lows.Asia followed Wall Street’s upbeat momentum after a run of weaker-than-expected US figures boosted confidence in a December rate cut. According to…
