‘India diversifying oil sourcing’: US envoy Sergio Gor notes Russia shift – what he said on Venezuela option

NEW DELHI: The United States has reiterated its claim, projecting India’s commitment regarding oil purchases from its long-time trade partner Russia as part of the much-awaited trade deal finalised between New Delhi and Washington recently. US envoy Sergio Gor on Friday expressed confidence, saying the US had “seen India diversify the sourcing of oil.” He…

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Tether Buying Gold: ‘James Bond-style’ bunker: Why a crypto firm is buying more gold than most central banks

Gold is not just another metal. For centuries, the yellow metal has been a symbol of safety and stability, serving as a reliable hedge when markets turn volatile. Centuries ago, kings hoarded it to display their power, then, as nations modernised, central banks began stockpiling gold to shield their economies against crises. But recently, gold…

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AI can help India realise ‘Viksit Bharat’ dream, says IMF MD Kristalina Georgieva

IMF MD Kristalina Georgieva IMF managing director Kristalina Georgieva said that artificial intelligence can fulfil India’s ambition of Viksit Bharat while boosting global growth by 0.8%.Speaking at the AI Impact Summit, Georgieva cited research by the International Monetary Fund and said that AI could accelerate growth significantly across the world. ‘Crucial Role For India In…

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ICICI Prudential Pension Fund launches first Swasthya Scheme

Mumbai: ICICI Prudential Pension Funds Management Company has launched the country’s first Swasthya Pension Scheme under the regulatory sandbox of the Pension Fund Regulatory and Development Authority, seeking to help subscribers build a long-term retirement corpus while creating flexibility to meet medical expenses.Speaking at the launch, PFRDA chairman Sivasubramanian Ramann said that the critical feature…

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AI biggest opportunity for IT cos: Chandra

New Delhi, Feb 19 (ANI): Tata Group Chairman N. Chandrasekaran speaks during the Opening Ceremony of India AI Impact Summit 2026 at Bharat Mandapam, in New Delhi on Thursday. (DD News/ANI Video Grab) Bengaluru: Even as AI signals a paradigm shift for IT, Tata Sons chairman N Chandrasekaran called it the sector’s biggest opportunity. “Since…

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FPIs back on D-Street: Foreign portfolio investors pour in over Rs 33,000 crore, but why is IT sector missing from their shopping list?

Foreign portfolio investors once again turned towards Dalal Street to shop for Indian equities, spending in Rs 33,487 crore across 15 sectors, in the first half of February. The bulk of the inflows went into capital goods, financial services and oil & gas stocks, marking the strongest fortnightly buying seen since the second half of…

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Qualcomm to make modules in India

New Delhi: Ramping up its India focus, US semiconductor and wireless technology company Qualcomm is all set to announce a partnership to manufacture and source automotive modules from the country. “We are expanding our relationship with India also for the beginning of advanced packaging and assembly and testing of semiconductors. And, we also want to…

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Trump tariffs: Who bears the burden? JPMorgan says it’s American businesses, not foreign producers

Tariff payments by midsize US businesses grew three times over the past year, according to new research released Thursday by JPMorganChase Institute. One of the US’ leading banks, it added that this shows signs of economic strain linked to President Donald Trump’s tariff policies.The JPMorgan study, cited by the Associated Press, indicates that companies employing…

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