No impact of Trump pressure? Indian Oil purchases Russian oil from non-sanctioned entities; ‘will continue to buy if…’

No impact of Trump pressure? Indian Oil purchases Russian oil from non-sanctioned entities; ‘will continue to buy if…’

Even as Indian refiners are expected to adhere to the sanctions, they are also expected to continue procurement of Russian crude from non-sanctioned firms. (AI image) Despite US President Donald Trump’s pressure on India to stop purchasing crude oil from Russia, state-run Indian Oil Corporation has placed an order for five cargoes scheduled for December…

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India’s crypto portfolio: Gen Z leads surpasses millenials to lead investment; Delhi has most buyers

India’s crypto portfolio: Gen Z leads surpasses millenials to lead investment; Delhi has most buyers

Gen Z are now leading India’s crypto investments!For the first time, Generation Z has surpassed millennials to emerge as top investors in the country’s crypto investment landscape. CoinSwitch’s Q3 2025 report, India’s Crypto Portfolio: How India Invests, released on Thursday, shows that investors aged 18–25 now form 37.6% of the platform’s user base. Millennials (26–35…

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Fiscal status: Centre’s fiscal deficit reaches 36.5% of FY26 target; tax revenue touches nearly half of budget estimate

Fiscal status: Centre’s fiscal deficit reaches 36.5% of FY26 target; tax revenue touches nearly half of budget estimate

The Centre’s fiscal deficit stood at 36.5 per cent of the full-year target at the end of the first half of FY26, according to data released by the Controller General of Accounts (CGA) on Friday. In comparison, the fiscal deficit had reached 29 per cent of the Budget Estimates (BE) for 2024-25 during the same…

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Trade strategy: India should accelerate FTA talks with US, diversify exports, says EAC-PM chief Mahendra Dev

Trade strategy: India should accelerate FTA talks with US, diversify exports, says EAC-PM chief Mahendra Dev

India should speed up free trade agreement (FTA) negotiations, expand its export reach beyond traditional markets, and maintain active engagement with Washington to conclude a Bilateral Trade Agreement (BTA) with the US, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Friday.Delivering the First ISID@40 Distinguished Person Lecture, Dev said…

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US markets today: Amazon’s blockbuster earnings lift Wall Street toward record highs; Big Tech results keep rally on track

US markets today: Amazon’s blockbuster earnings lift Wall Street toward record highs; Big Tech results keep rally on track

Amazon’s stellar quarterly results helped Wall Street stay near record highs on Friday, with the S&P 500 hovering around its all-time peak set earlier in the week, capping what could be its sixth straight monthly gain — the longest winning streak since 2021.The S&P 500 was virtually flat after paring morning gains, while the Dow…

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‘0 mn an hour, oversubscription in hours’! India’s IPO market booming – and the frenzy is different this time

‘$200 mn an hour, oversubscription in hours’! India’s IPO market booming – and the frenzy is different this time

IPOs such as LG’s, which is the third-largest this year in the Indian markets, have positioned India as one of the world’s most active IPO destinations. (AI image) India’s IPO (Initial Public Offerings) market is booming, even though the secondary market has seen timid returns this year. Sample this: In a time span of just…

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The rush for iPhones sees Apple register all-time revenue record in India: CEO Tim Cook

The rush for iPhones sees Apple register all-time revenue record in India: CEO Tim Cook

File photo: Apple CEO Tim Cook (Picture credit: AP) NEW DELHI: Apple’s operations in India shone once again for the US tech and electronics major, which set an all-time revenue record in the country just as it recorded an eight per cent growth in global revenues, at $102.5 billion, led by “a tremendous response” to…

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Aadhaar future roadmap: UIDAI sets up expert panel to craft Vision 2032; explores AI, blockchain and quantum tech

Aadhaar future roadmap: UIDAI sets up expert panel to craft Vision 2032; explores AI, blockchain and quantum tech

The Unique Identification Authority of India (UIDAI) has set up a high-level expert committee to make Aadhaar technology future-ready, with focus on scalability, data security, and resilience against emerging cybersecurity threats, according to an official statement issued on Friday.The committee, chaired by UIDAI Chairperson Neelkanth Mishra, includes UIDAI CEO Bhuvnesh Kumar, Nutanix founder Dheeraj Pandey,…

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Monetary policy inputs: RBI launches three key surveys to gauge inflation and sentiment; findings to guide December MPC meet

Monetary policy inputs: RBI launches three key surveys to gauge inflation and sentiment; findings to guide December MPC meet

The Reserve Bank of India (RBI) on Friday announced the launch of the next round of three key surveys — including one on inflation expectations — aimed at providing critical inputs for formulating monetary policy.The November 2025 round of the Inflation Expectations Survey of Households (IESH) will capture households’ subjective assessments of price movements and…

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Bank lending trends: Credit growth to industry slows to 7.3% in September; personal loans, NBFC funding also lose pace

Bank lending trends: Credit growth to industry slows to 7.3% in September; personal loans, NBFC funding also lose pace

Growth in bank credit to industry eased to 7.3 per cent in September 2025, compared with 8.9 per cent in the same period a year earlier, according to Reserve Bank of India (RBI) data released on Friday.On a year-on-year basis, non-food bank credit rose 10.2 per cent as of the fortnight ended September 19, 2025,…

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