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The United States of America, which is the largest producer of oil, holds the second largest strategic oil reserves, followed by Japan. (AI image) Did you know that China holds the largest strategic oil reserves in the world? Amid ongoing disruptions due to the US-Iran war and blockade of the Strait of Hormuz, this fact…
Karti Chidambaram (File photo) NEW DELHI: Congress MP Karti Chidambaram on Sunday dismissed allegations that Tamil Nadu is “hostile” to Sanatan Dharma, contending instead that people in the state are “more Hindu than North Indians.”The BJP has frequently accused the Congress, its ally the ruling DMK in Tamil Nadu, and their other INDIA bloc partners…
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The S&P 500 and Dow Jones Industrial Average opened higher on Monday as Apple Inc. and Meta Platforms Inc. gained ahead of announcing their quarterly results. The wider index S&P 500 opened 0.12% higher at 6,923.86, Dow Jones rose 0.21% to trade at 49,202.56, while tech-heavy Nasdaq Composite was little changed at 23,498.96 after the…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2083.34, down 0.2% (-3.93) since 4 p.m. ET on Wednesday. Twelve of 20 assets are trading higher. Leaders: DOT (+7.1%) and APT (+4.0%). Laggards: ETH (-1.3%) and AAVE (-1.1%)….
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Multiple indirect taxes have given way to a simpler structure, with 5% GST on electric vehicles, 18% as the standard rate for most vehicles. (AI image) By Parul Nagpal, Tax Partner, EY IndiaIndia’s automobile industry is entering an exciting phase of growth. Today, India is the world’s third-largest automobile market, contributing nearly 7% to GDP…
Track II India-Pakistan talks not official, don’t count: MEA NEW DELHI: Foreign secretary Vikram Misri dismissed reports in the past few months about an India-Pakistan “track II” dialogue, saying India takes no cognisance of such events that don’t hold much value. Responding to a media query in Seychelles, Misri said dozens of these events take…
