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Russian oil tankers position close to India amid lack of clarity on US FTA

Russian oil tankers position close to India amid lack of clarity on US FTA

Russia may remain India’s largest crude oil supplier, at least for the next few months, as Indian refiners continue to receive substantial volumes in the absence of clarity on the proposed US-India bilateral trade, according to interviews with legal experts, market participants and ship tracking data. Moreover, discounts on higher quality Russian oil are twice as much as readily available dirty Venezuelan oil.

SC agrees to hear PIL against poll freebies promises by political parties

SC agrees to hear PIL against poll freebies promises by political parties

The Supreme Court on Thursday agreed to list for hearing in March a PIL seeking direction to seize the symbol or deregister a political party that promises or distributes "irrational freebies" before polls.

Lawyer-petitioner Ashwini Updhyaya told a bench comprising Chief Justice Surya Kant and Justice Joymalya Bagchi that the notices on his PIL were issued to the Centre and the Election Commission in 2022 itself, and urged it to list the matter soon.

Headwinds may be turning into tailwinds for foreign inflows: FM Sitharaman

Headwinds may be turning into tailwinds for foreign inflows: FM Sitharaman

The headwinds may finally be turning into tailwinds for foreign investment flows into India with the announcement of a trade deal between New Delhi and Washington, Union Finance and Corporate Affairs Minister Nirmala Sitharaman said on Wednesday, arguing the country’s macroeconomic fundamentals were strong even when investors began pulling out nearly a year ago.

Pak PM backs boycott of match against India, calls it a considered stance

Pak PM backs boycott of match against India, calls it a considered stance

Calling Pakistan's boycott of their T20 World Cup match against India an "appropriate decision, the country's Prime Minister Shehbaz Sharif has said that it was a "considered stance" to support Bangladesh.

Pakistan's cricket team has been told by the government to skip the February 15 game in Colombo after Bangladesh were replaced by Scotland for refusing to play its games in India on account of "security concerns".

Silver, gold ETFs slide up to 20% amid renewed pressure on metal prices

Silver, gold ETFs slide up to 20% amid renewed pressure on metal prices

Silver and gold exchange-traded funds (ETFs) in India saw a renewed sharp decline on Thursday as a two-day recovery in precious metals stalled, with silver falling over 16 per cent.

Silver ETFs fell between 15 per cent and 20 per cent on Thursday, while gold ETFs were down about 5 per cent, each.

IndiGo suspends flights to Copenhagen, reduces Manchester, London services

IndiGo suspends flights to Copenhagen, reduces Manchester, London services

India's largest airline, IndiGo, on Wednesday announced adjustments to its long-haul flight schedule, including suspension of flights to and from Copenhagen, due to operational and airspace constraints.

As a part of the schedule adjustment, the airline said that starting February 17, it will suspend all its operations to and from Copenhagen until further notice.

Lenders ask RBI to relax liquidity rules amid growing loan demand

Lenders ask RBI to relax liquidity rules amid growing loan demand

Indian lenders asked the central bank to relax a number of liquidity rules to allow them unlock more funds for growth, according to people familiar with the matter, as demand for loans grows faster than deposits.

Lenders are seeking permission to free up some of the cash they have to park with the Reserve Bank of India for short-term financial stress requirements, the people said, asking not to be identified as the discussions are private.

'Has India compromised under US pressure': Kharge on India-US trade deal

'Has India compromised under US pressure': Kharge on India-US trade deal

Congress president Mallikarjun Kharge on Wednesday questioned the manner in which the Indo-US trade deal was announced at a time Parliament was in session, and asked whether India had compromised in any manner under US "pressure".

He also asked whether India has agreed to zero tariffs on American imports, as claimed by US President Donald Trump.

BHEL secures ₹1,200-1,500 crore project from Hindalco Industries

BHEL secures ₹1,200-1,500 crore project from Hindalco Industries

State-owned BHEL on Wednesday said it has secured an order in the range of Rs 1,200-1,500 crore from Hindalco Industries.

BHEL said a letter of intent (LOI) in this regard has been received from Aditya Aluminium, Hindalco Industries.

Rahul displays Naravane memoir, claims PM didn't fulfil his responsibility

Rahul displays Naravane memoir, claims PM didn't fulfil his responsibility

Leader of Opposition Rahul Gandhi on Wednesday cited former Army chief MM Naravane's unpublished "memoir" to claim that Prime Minister Narendra Modi did not fulfil his responsibility during the India-China conflict in 2020 and passed the buck on to Naravane.

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