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Castrol India rallies 9% as BP plans to sell 65% stake to Stonepeak

Castrol India rallies 9% as BP plans to sell 65% stake to Stonepeak

Shares of Castrol India rallied nearly 9 per cent on Wednesday after global oil giant BP reached an agreement to offload a 65 per cent stake in Castrol at an enterprise value of $10 billion.

The lubricant company's stock rose as much as 8.8 per cent during the day to ₹202.4 per share, the steepest intraday since June 9 this year.

Op Sagar Bandhu: India proposes $450 mn cyclone relief package to Sri Lanka

Op Sagar Bandhu: India proposes $450 mn cyclone relief package to Sri Lanka

External Affairs Minister S Jaishankar on Tuesday said that India is proud to stand by Sri Lanka during Cyclone Ditwah and has proposed an assistance package worth $450 million.

Jaishankar, who is in Sri Lanka as Prime Minister Narendra Modi's special envoy, made these remarks alongside Sri Lankan Foreign Minister Vijitha Herath.He also delivered a letter from Modi to President Anura Kumara Dissanayake.

Piyush Goyal meets AIADMK chief Palaniswami, initiates seat sharing talks

Piyush Goyal meets AIADMK chief Palaniswami, initiates seat sharing talks

BJP's election in-charge for Tamil Nadu, Piyush Goyal, initiated seat-sharing talks with AIADMK chief Edappadi K Palaniswami here on Tuesday.

Goyal, the union minister and senior BJP leader, was accompanied by co-incharge for the state Arjun Ram Meghwal, party's state chief Nainar Nagenthran, and TN in-charge Dr P Sudhakar Reddy.

Bangladesh summons Indian envoy over security concerns at Delhi mission

Bangladesh summons Indian envoy over security concerns at Delhi mission

The Bangladesh Foreign Ministry on Tuesday summoned the Indian envoy to raise concerns over the security of Bangladeshi diplomatic missions in India. The move comes after recent protests outside Bangladesh’s missions in New Delhi and Siliguri in West Bengal.

Groups of protesters held demonstrations near the Bangladesh High Commission in New Delhi and the Bangladesh Visa Centre in Siliguri.

L&T wins BPCL order worth up to ₹10,000 crore for hydrocarbon business

L&T wins BPCL order worth up to ₹10,000 crore for hydrocarbon business

Larsen & Toubro’s Hydrocarbon Onshore business vertical (L&T Onshore) has secured a major order worth up to ₹10,000 crore from Bharat Petroleum Corporation Ltd (BPCL) to build a linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE) swing unit, the company said in an exchange filing.

The project covers engineering, procurement, construction, and commissioning of two 575 KTPA trains at BPCL’s Bina facility in Madhya Pradesh.

Chaos at Bangladesh High Commission as VHP protesters clash with police

Chaos at Bangladesh High Commission as VHP protesters clash with police

Holding saffron flags and shouting slogans against the lynching of a Hindu man in Bangladesh, hundreds of supporters of the VHP and the Bajrang Dal broke barricades and clashed with police near the fortified Bangladesh High Commission on Tuesday.

Protesters forced several barricades down as police struggled to contain the surge.

China to launch online visa application system in India from today

China to launch online visa application system in India from today

The Chinese Embassy in India will officially launch the China Online Visa Application System, a move aimed at simplifying and streamlining the visa application process for Indian travellers, from Monday.

The announcement was shared by the Chinese Ambassador to India earlier in a post confirming that, from December 22, 2025, applicants can complete visa application forms and upload required documents online.

'Eye on $500 bn by 2047, pharma steps into 2026 with focus on innovation'

'Eye on $500 bn by 2047, pharma steps into 2026 with focus on innovation'

India's pharmaceutical industry is stepping into 2026, marking the beginning of a critical five-year period to build the required ecosystem to establish itself as an innovation hub in its bid to become a $500 billion sector by 2047, amid near-term challenges of tariff fluctuations and global trade realignments.

The predominantly generic medicines-driven domestic drug industry, which has grown from $3 billion to $60 billion in size over the past 25 years, is shifting towards innovation in next-generation drugs.

India, New Zealand seal FTA, open door to 1,667 skilled work visas yearly

India, New Zealand seal FTA, open door to 1,667 skilled work visas yearly

India and New Zealand have concluded a Free Trade Agreement (FTA) after nine months of intensive effort. Prime Minister Narendra Modi held a telephone conversation with the Prime Minister of New Zealand, Christopher Luxon, and they jointly announced the successful conclusion of the deal.

The deal, alongside sweeping tariff cuts, opens a new pathway for Indian professionals to work in New Zealand under a capped skilled visa programme.

Priyank Kharge claims G RAM G Act weakens MGNREGA's rights-based framework

Priyank Kharge claims G RAM G Act weakens MGNREGA's rights-based framework

Karnataka Minister Priyank Kharge on Monday strongly criticised the Union government's VB-G RAM G act 2025 that replaced MGNREGA, claiming that changes in the new legislation weaken and undermine the previous act's core promise as a rights-based rural employment programme.

In a post on social media platform 'X', Priyank Kharge said the act would gradually make the scheme untenable by transforming it from a demand-driven legal entitlement into a supply-driven arrangement, thereby stripping citizens of their right to demand work.

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