Oil prices remained volatile on Monday as traders assessed escalating geopolitical tensions around the Strait of Hormuz. Brent crude hovered near $112 a barrel, while West Texas Intermediate traded close to $98, as markets reacted to a 48-hour final warning issued by Donald Trump.The WTI crude stood at $98.67 per barrel around 7:55 am IST….
NEW DELHI: Supreme Court’s most senior judge, Justice Vikram Nath, on Sunday said artificial intelligence could at best be a facilitator for the justice delivery system but could never replace the core task – writing judgments – which would always remain with judges.Speaking on ‘Challenges, innovations and role of AI in judicial governance’ at the…
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NEW DELHI: Effective from Jan 2024, Indian Railways has increased the rates of Kilometrage Allowance and Allowance in lieu of Kilometrage (ALK) by 25% for all running staff across its system. The updated rates will benefit over two lakh railway personnel, including loco pilots, assistant loco pilots, firemen, guards and other running staff. The decision…
Nomura has a buy rating on Petronet LNG with the target price cut to Rs 340 from Rs 370. Analysts said the crisis in West Asia may hurt the company’s near-term volumes. They cut the company’s FY27 earnings before interest, taxes, depreciation and amortisation (EBITDA) by 23% as Ras Laffan may take months to come…
Two New York Stock Exchange-affiliated exchanges have removed the 25,000 contract position limit on options tied to 11 crypto exchange-traded funds. NYSE Arca and NYSE American each filed three rule changes in the Federal Register on March 10 to remove contract position limits and price discovery restrictions for options linked to Bitcoin (BTC) and Ether…
