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Oil market price battle: Russia and Iran offer deeper discounts to China as crude piles up at sea

Russian and Iranian oil producers are reportedly offering deeper discounts to compete for the same limited pool of Chinese buyers after India pulled back from purchases. Analysts say India’s imports from Russia could fall by 40 per cent from January levels, to around 600,000 barrels a day, according to a scenario from Rystad Energy, as…

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Trump Economic Policy: Trumponomics: Over a year into second term, Donald’s economic policy shows mixed results – report

More than a year into US President Donald Trump’s second term, his sweeping economic policy changes have produced a mixed outcome, with strong growth and a tech investment boom on one hand, but stalled job gains and persistent inflation concerns on the other.The uncertainty surrounding the US economic outlook has deepened further following last week’s…

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Ajit Jain: Warren Buffett’s trusted executive Ajit Jain buys apartment in Gurugram for Rs 85 crore

A 7,400 sq ft apartment at DLF The Camellias in Gurugram has been purchased by Berkshire Hathaway’s Ajit Jain. The vice-chairman overseeing insurance operations at Berkshire Hathaway, Ajit Jain, is regarded as one of Warren Buffett’s most trusted associates. The apartment has been bought for around Rs 85 crore, according to sources quoted in an…

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Stock market today: Which are top gainers and losers on NSE and BSE on February 25? Check list

Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday after a volatile trading session, as profit-booking wiped out most of the sharp intra-day gains.The 30-share Sensex rose 50.15 points, or 0.06 per cent, to close at 82,276.07. During the day, the index had jumped 731.99 points, or 0.89 per cent, to hit 82,957.91….

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‘Civilisational shift’: TCS CEO K Krithivasan encourages AI adoption even if it ‘cannibalises revenue’

TCS) CEO K Krithivasan (File photo) IT giant TCS encourages the use of artificial intelligence by its employees even if it affects their revenue streams, said its CEO, explaining the advantages of the firm’s approach. He described the adoption of AI as a ‘civilisational shift’.Speaking at the annual NTLF event in Mumbai, Managing Director and…

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US announces duties on Indian solar imports; stocks of Waaree Energies, Premier drop up to 15%

Shares of Indian solar equipment manufacturers tumbled sharply on Wednesday after the United States unveiled plans to impose countervailing duties on solar cells and panels imported from India and other Asian nations. The US commerce department said that it would apply the duties to imports from India, Indonesia and Laos to support domestic producers. It…

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Asian stocks today: Markets trade in green after Wall Steet’s strong rally; Nikkei jumps over 2% to record highs

Asian stocks traded in green on Wednesday, mirroring Wall Street’s gains and sustained enthusiasm around the artificial intelligence boom. Investors also kept close eye on US President Donald Trump’s State of the Union address, delivered during Asian trading hours. In Japan, Nikkei benchmark index touched a fresh record, leading the positive mood across the region.Nikkei…

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