Rupee ends flat as crude oil-led rally faces off against dollar demand; Fed verdict looms

Rupee ended broadly unchanged against the U.S. ​dollar on Wednesday, coming down from a six-week high and ‌giving up almost all of the day’s gains ​that were triggered by a…

Strait of Hormuz reopening: Recovery likely in phases from July, LPG to get priority

The reopening of the Strait of Hormuz (SoH) is expected to commence in phases, starting in July, with priority given to liquefied petroleum gas (LPG), given India’s dependence on West…

Facing African hurdles, Indian rice exports value down 10% in FY26

A slack performance in the African region dragged Indian exports by over 10 per cent in value, though the overall volume was up 6.5 per cent in the 2025-26 financial…

Indian refiners in no hurry to return to West Asian oil as Hormuz reopens

India’s state-run refiners have already secured enough crude for the next two months and are in no rush to resume purchases from West Asia even if the Strait of Hormuz…

Kerala budget proposes dedicated gold corridor in Kochi-Thrissur belt  

Seeking to leverage position as the largest gold-consuming state, the state government has unveiled plans to develop the Kochi–Thrissur belt into a major jewellery manufacturing corridor and establish a dedicated…

Crude oil futures slip after improvements in Hormuz shipping traffic

futures traded lower on Friday morning as shipping traffic through the Strait of Hormuz improved following the signing of an interim peace deal between the US and Iran. At 10.07…

Coal gasification key to India’s energy security and import reduction: G Kishan Reddy

Coal gasification is crucial for India’s long-term energy security and help the country reduce dependence on imports, Union coal and Mines Minister G Kishan Reddy said on Thursday. Speaking at…

Succession at Reliance nearly complete, Mukesh Ambani, 69, says at shareholders meeting

The handover of the day-to-day operations of Reliance Industries Ltd to the third generation of the founding Ambani family is near complete, chairman Mukesh Ambani said at the company’s 49th…

Kunal Shah’s Cred scales biometric UPI users to near 10 million

Bengaluru: Cred is close to crossing 10users on its biometric authentication feature for UPI payments, according to an internal message shared by founder Kunal Shah with employees, as the fintech…

OpenAI wants to transform healthcare—and this Indian researcher, Karan Singhal, is at the helm

As more people turn to for answers to health-related questions, is expanding its focus on healthcare. At the centre of that effort is Karan Singhal, a former Google researcher who…