While Trump has described the blockade as highly effective, the continued flow of shipments points to the resilience of Tehran’s oil trade. (AI image) US President Donald Trump has called the US naval blockade of the Strait of Hormuz a ‘tremendous success’ but its limitations are increasingly evident. Despite the US naval blockade, at least…
Tech Mahindra closed FY26 with higher earnings and revenue, as the IT services firm reported a net profit of Rs 4,810.9 crore for the year, marking a rise of 13.15% taking the total to Rs 15,076 crore. The company’s revenue increased 7.2% year-on-year to Rs 56,815.4 crore.Compared with the previous quarter, revenue was higher by…
Russia’s share of India’s crude oil imports in March 2026 placed the month at the upper end of historical high. (AI image) In early March, India was staring at a possible crude oil supply problem – the US-Iran war caused the Strait of Hormuz through which 20% of global crude transits to be effectively closed….
Wall Street began in green on Wednesday, lifted by news that US President Donald Trump had agreed to prolong the ceasefire with Iran, soothing fears of further escalation. As of 7:17 pm IST, Dow Jones was up 320 points or 0.65% to 49,469 while tech heavy Nasdaq jumped 200 points or 0.8% to reach 24,460….
The petroleum and natural gas ministry amended the framework for the aviation turbine fuel (ATF) on Wednesday, formally allowing it to blend it with synthetic fuels. The measure is aimed towards bringing clarity to fuel standards amid growing use of alternative and blended aviation fuels.The revised notification redefines ATF to include not just conventional hydrocarbon…
For Indian tech and medical professionals, researchers and even global achievers eyeing to work in the US, the path is becoming increasingly uncertain. New data shows that even the most elite immigration routes, once seen as relatively stable, are now facing sharply higher rejection rates, signalling a broader tightening of legal migration pathways.The US has…
Amazon has sealed a $30 million (Rs 280 crore) deal to buy carbon credits generated by rice farmers in India. The agreement is among the largest of its kind globally and the first at this scale in the country’s agriculture sector.According to sources cited by ET, the credits will come from the Good Rice Alliance,…
MUMBAI: A study of respondents across Gujarat and Rajasthan said wider financial access has not fully translated into financial maturity or household resilience, pointing to gaps in retirement planning, understanding of compound interest, and preparedness for financial shocks in the two states surveyed. The report, Financial Maturity Index: A Survey of Two States, was released…
MUMBAI: More than half of young Indians, in the age group 24 to 34, who buy health insurance drop out within the first three years, exposing a structural weakness in policy retention.According to a Niva Bupa Health Insurance survey, 55% of policyholders in the age group who lapse do so within three years of purchase,…
Living in Mumbai, Bengaluru, Pune or parts of the Delhi-NCR region? You might find it hard to grab a can of Diet Coke this summer. The Middle East war has already rattled oil supplies, economies across the globe and multiple sectors—now it’s hitting something far more familiar on everyday shelves: Diet Coke. The beverage is…
