TMTG lands in legal trouble US President Donald Trump’s media firm TMTG is facing a legal challenge from press groups in the country, over a new Truth Social service that gives paying customers early access to his posts. The lawsuit seeks to stop Trump from using the platform to release official government information exclusively, while…
India is bolstering its energy security by planning strategic reserves of crude oil (representative image) NEW DELHI: India is looking to expand its strategic petroleum reserves with new facilities at Bina in Madhya Pradesh and Bikaner in Rajasthan, besides adding storage capacity at Mangalore, to strengthen the country’s energy security against supply disruptions.According to a…
NEW DELHI: A parliamentary committee has questioned whether rising capital expenditure in India’s oil and gas sector is translating into higher domestic production, noting that crude oil output has continued to decline despite a sharp increase in investments.It has asked the petroleum ministry to submit a detailed report explaining how recent exploration reforms and newly…
Stock market today: Analysts flag crude oil, inflation and geopolitical risks as key market drivers Analysts said elevated crude oil prices and uncertainty around global developments were weighing on investor sentiment. Vinod Nair of Geojit Investments said markets remained on edge ahead of key inflation readings in India and the US, with investors closely watching…
Top stocks to buy on August 13, 2026 Top stock market recommendations: Indian Bank, DLF, and Polycab India – Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth Management has picked these three as the top stocks to buy on August 13, 2026. The analyst has also shared his technical views on…
The deal will deepen Bank of America’s participation in India as the financial sector expands. MUMBAI: Bank of America will acquire an initial 26.5% stake in Jio Credit, the wholly owned NBFC lending subsidiary of Jio Financial Services, with the stake potentially rising to 49.9% under a joint venture agreement that could involve an investment…
Chandra’s decade at Tata Sons now reaches its finish line, marked by growth, costly bets and changing dynamics of power MUMBAI: Less than a week before Tata Sons’ Aug 18 AGM, the penny dropped for N Chandrasekaran. His extension as chairman was uncertain. For the first time, Chandra lacked a powerful patron just as his…
N Chandrasekaran will step down as chairman of Tata Sons when his current term ends on February 20, 2027 MUMBAI: About a year after Tata Trusts, which controls 66% in Tata Sons, the holding company of India’s largest conglomerate, unanimously approved a third five-year term as chairman for N Chandrasekaran (62), he abruptly announced Wednesday…
Among the names in circulation for the top job is TV Narendran (right), 61, managing director of Tata Steel MUMBAI: For the past few decades, change of guard at Bombay House has often been accompanied by a large dose of drama.N Chandrasekaran’s sudden announcement has added to the uncertainty of the past few months, when…
Price pressures remain stronger in rural India (4.8%), up from 4.7% in June NEW DELHI: Retail inflation inched up to 4.45% in July on expensive kitchen staples, including onion and ginger, even as price rise remained above the Reserve Bank’s median target for the second consecutive month, according to govt data.The consumer price index (CPI)-based…
