refined petrol

India, among world’s largest exporters of refined oil products, set to see 25% rise in petroleum product exports

The latest capacity expansion also comes at a time when additions to global refining capacity remain limited. (AI image) India’s petroleum product exports could increase by around 25% from the FY25 level of $44.4 billion. India is one of the world’s leading exporters of refined petroleum products. The increase is expected to come over the…

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indian agriculture

Southwest Monsoon India: Weak rains could dent farm incomes, consumption and inflation outlook: S&P

S&P Global Ratings said inadequate rainfall could reduce crop yields and directly affect farmers’ earnings (File photo) A weaker-than-normal southwest monsoon could pose risks to India’s rural economy by reducing farm incomes, increasing food inflation and slowing consumption demand in the coming months, according to a report by S&P Global Ratings.The rating agency said agriculture…

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crude prices

Oil Prices: Oil stocks today: Crude slips but heads for weekly gains as US-Iran conflict keeps supply fears alive

Oil markets remained focused on developments in the Middle East after Iran launched attacks on US military infrastructure in Gulf states Oil prices edged lower in early trade on Friday but remained on course for strong weekly gains as renewed military exchanges between the United States and Iran kept concerns over global crude supplies elevated.Brent…

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Gold, Silver Rate Today Live Updates: Yellow metal steadies but remains on track for weekly loss; silver tumbles

Welcome to our Gold Rate Today live blog, where we bring you the latest updates on gold and silver prices from India and global markets throughout the day. Gold is trading cautiously after renewed military exchanges between the United States and Iran reignited inflation concerns and increased expectations that the US Federal Reserve could keep…

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132300731

Is AI affecting GCC pace? Govt to assess

NEW DELHI: Govt will assess whether the rapid adoption of AI is affecting pace of expansion of global capability centres (GCCs) in India, Electronics and IT secretary S Krishnan said on Thursday, while arguing that AI could ultimately help the country attract higher-value work.At a CII event, Krishnan said it was “time to start measuring…

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1783642250 tcs

TCS Q1 revenue rises 2.7%, company adds over 9,000 to workforce

BENGALURU: TCS reported June-quarter revenue of $7.6 billion, up 2.7% year-on-year and largely flat sequentially. This reflects a cautious demand environment as global firms reassess technology spending amid macroeconomic uncertainty and rapid AI-led transformation. Revenue in constant currency, which discounts the impact of currency fluctuations, grew 0.4% sequentially and 3.2% year-on-year.The company reported a 2.7%…

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Summer push: Durables eye double-digit growth

NEW DELHI: A scorching summer has spurred demand for seasonal appliances, putting India’s consumer durables sector on track to post a robust double-digit growth in the first quarter this fiscal year, one of its strongest quarterly performances in recent years. Analysts expect the sector to report over 20% year-on-year revenue growth in the June quarter,…

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