India is lining up major fertiliser imports ahead of the upcoming kharif season as global prices have almost doubled due the ongoing Middle East crisis, pushing import bill higher. The government on Monday said that it plans to import 64 lakh tonnes of urea and 19 lakh tonnes of other fertilisers, even as domestic availability…
Ongoing crisis in the Middle East has strained global energy supplies, but availability within the country continues to remain steady, the government has assured. Addressing a ministerial briefing, Aparna Sharma, additional secretary in the department of fertilizers, said, “The fertiliser availability remains robust, and the supplies continue to exceed the requirement. The department of fertilizers…
As the United States continues to tighten its blockade on Iranian oil flows, Tehran is repeatedly scrambling to manage excess crude, with its key export hub Kharg Island rapidly approaching storage limits.Tehran is now reportedly moving to expand crude storage at Kharg Island by reactivating the 30-year-old crude carrier M/T Nasha, signalling mounting pressure on…
Infosys is no longer enjoying the strong investor confidence that it once did. This year, the IT giant, long seen as one of Dalal Street’s reliable compounders, has come under heavy pressure. The company fallen out of India’s top 10 most valued companies, after seeing a wipe out of more than Rs 2 lakh crore…
SkyHop Aviation founder & CEO Avani Singh NEW DELHI: After some fits and starts in the past, India will again see seaplane services. The Directorate General of Civil Aviation (DGCA) has granted air operator certificate (AOC or licence) to SkyHop Aviation which plans to become India’s first dedicated commercial seaplane operator.In the first phase, SkyHop…
Top stocks to buy (AI image) Stock market recommendations: Aster DM Healthcare, and GE Vernova T&D India have been picked by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities as the top stocks to buy this week (starting April 27, 2026). Views on Nifty and Bank Nifty have also been shared.Nifty ViewThe momentum…
Paytm said the RBI had effectively withdrawn Paytm Payments Bank’s licence. Paytm share price today: Shares of One 97 Communications, the parent of fintech platform Paytm, dropped as much as 8 per cent on Monday, falling to an intraday low of Rs 1,057 on the National Stock Exchange. The sharp decline came after the Reserve…
Asian markets traded mixed on Monday, with Japan’s benchmark index scaling fresh highs, as investors balanced strong cues from Wall Street against rising oil prices and geopolitical uncertainty.Japan’s Nikkei 225 surged 1.4% to 60,564.18, hitting a new intraday record, while South Korea’s Kospi jumped 2.1%.Taiwan’s Taiex also rallied 2.6%, supported by renewed buying in technology…
Sun Pharmaceutical Industries on Monday announced it will acquire US-based Organon & Co. in an all-cash deal valued at $11.75 billion, marking one of the largest overseas acquisitions by an Indian company.Under the definitive agreement, Sun Pharma will buy all outstanding shares of Organon at $14 per share.The deal, approved by the boards of both…
Oil prices extended their rally on Monday, climbing nearly 2% as stalled peace talks between the United States and Iran and continued disruptions in the Strait of Hormuz kept global supply under pressure.Brent crude futures rose $2.16, or 2.05%, to $107.49 a barrel, the highest since April 7, while US West Texas Intermediate (WTI) gained…
