Russia Fuel Imports: Russia turns to Asia for refined fuel, set to receive nearly 270,000 tonnes in August

File photo: Moscow pumps face queues amid fuel shortages (Picture credit: Reuters) Russia is importing nearly 270,000 metric tonnes of refined fuel from Asia this month, using ship-to-ship transfers to bring in supplies as repeated Ukrainian attacks on its oil refineries reduce domestic fuel production, according to preliminary shipping data and trade sources cited by…

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Received income tax notice under Section 143 (3)? What is faceless assessment & how you should respond

Assessments under Section 144B of the Act are often described as both “faceless” and “jurisdiction-less”. India’s faceless assessment regime is an important part of a broader strategy to move away from manual, officer-led discretion-based scrutiny to a technology-led standardised and transparent tax administration. It significantly reduces the need for in-person meetings, improves accountability, and ensures…

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State-run banks need to focus on GenZ: FM

Union Finance Minister Nirmala Sitharaman. (Photo: ANI) NEW DELHI: Urging public sector banks (PSBs) to develop a long-term banking relationship with the youth, finance minister Nirmala Sitharaman Tuesday said they should adopt a “lifecycle” approach and aim to become the preferred financial partner across different life stages of an individual — from campus to career…

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India becomes least-favoured Asian stock market in BofA survey – why fund managers are underweight

Indian equities have declined over the past two weeks despite a brighter earnings outlook. India’s stock market, among the worst performing this year, has now replaced Indonesia to become the ‘least-favoured’ stock market in India, as per a fund managers’ survey by Bank of America Corp. This signals growing investor caution for the Indian stock…

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Gold, Silver Rate Today Live Updates: Gold edges higher as yields ease, markets await fed minutes amid Iran tensions

11:00 (IST) Aug 19 Gold eyes $4,400 break, Brent may head towards $80 Gold’s bias remains positive, but a sustained break above $4,400 an ounce is needed for further gains, while renewed energy inflation or higher yields could trigger consolidation. Brent crude could eventually decline towards $80 per barrel due to sustained Gulf exports and…

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Gold price prediction today: Will gold rise in the near-term? Check August 19, 2026 outlook

ETF inflows, central-bank buying and softer US data are keeping the medium-term setup constructive. Gold price prediction today: Gold prices are seeing positive momentum, and while volatile, the near-term outlook remains optimistic, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold gained around 0.7% last week and extended the…

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