Reliance-backed oil refinery in US: What makes Trump’s ‘historic $300 billion deal’ significant? Top 10 points

Data from the US Energy Information Administration shows that the US had 132 operational petroleum refineries as of January 2024. (AI image) Mukesh Ambani-led Reliance Industries (RIL) has partnered with America First Refining (AFR) to develop the first large oil refinery project in the United States in nearly fifty years, with President Donald Trump describing…

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Sri Lanka grant NOCs for IPL 2026, share key update on Matheesha Pathirana | Cricket News

Matheesha Pathirana (AFP Photo) Sri Lanka Cricket (SLC) has announced that its players will only be allowed to participate in IPL 2026 after successfully completing mandatory physical performance tests. The board confirmed that No Objection Certificates (NOCs) will be issued strictly based on players meeting the required fitness standards.“Only those who successfully meet the required…

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US stock market today: Dow tumbles 900 points, S&P 500 and Nasdaq slide 1.6% as oil crosses $90; weak jobs data raise stagflation fears | Business

US stocks fell sharply on Friday as surging oil prices and disappointing economic data fuelled concerns about a potential stagflation scenario, where slowing growth combines with rising inflation.The S&P 500 dropped 1.6%, while the Dow Jones Industrial Average fell 909 points, or 1.9%, to 48,338.36 as of 9:35 am Eastern Time, AP reported. The Nasdaq…

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FM Sitharaman says Rs 1 lakh crore stabilisation fund will help govt face global headwinds

The Centre is setting up a Rs 1 lakh crore Economic Stabilisation Fund to strengthen its ability to manage external disruptions and maintain fiscal stability, finance minister Nirmala Sitharaman said on Friday.Intervening in the Lok Sabha during the debate on the second batch of supplementary demands for grants, she said the proposed fund is designed…

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Vaibhav Sooryavanshi for England series! Ex-captain asks ‘Is he allowed to tour as 15-year-old?’ | Cricket News

Vaibhav Sooryavanshi (Image credit: BCCI/IPL) NEW DELHI: When will Vaibhav Sooryavanshi make his India debut? When will the 15-year-old play for the senior Indian team? These questions are once again being asked by former cricketers and fans. The buzz has picked up pace after the teenager hammered a 17-ball 52 in Rajasthan Royals’ opening game…

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‘No shortage of petrol, diesel, or LPG’: BPCL, HPCL, IOCL soothe fuel concerns in India

Amid rising concerns about fuel supply in the country, several oil giants have issued clarifications stating there is no shortage, calling such rumours “completely false” and assuring that supply remains normal and sufficient. The statements come at a time when global oil supplies are disrupted due to Iran’s chokehold of the Strait of Hormuz amid…

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US oil tops $100 a barrel as Iran war rages; Donald Trump gives a ‘crude’ response: ‘very small price to pay’

Oil prices have climbed above $100 a barrel for the first time in more than three and a half years as the escalating war involving Iran disrupts energy production and shipping routes across the Middle East. US President Donald Trump called it a “very small price to pay for world peace”.“Short term oil prices, which…

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