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Iran’s Hormuz chokehold has reshaped India’s oil purchase pattern, with a sharp drop in Gulf supplies this month pushing refiners towards Russia and smaller producers to keep supplies steady. So far in March, crude imports into the country are down 23% compared to February, according to shipping data and analyst estimates cited by ET. The…

Benchmark stock indices Sensex and Nifty surged nearly 2 per cent on Tuesday, tracking gains in Asian markets after US President Donald Trump announced a temporary halt on strikes targeting Iranian energy infrastructure.The 30-share BSE Sensex jumped 1,372.06 points, or 1.89 per cent, to close at 74,068.45. During the session, it rallied as much as…

Chennai Super Kings’ captain Ruturaj Gaikwad (PTI Photo/R Senthilkumar) Chennai Super Kings are in unfamiliar territory. For a franchise built on consistency and calm starts, losing the first two matches of an IPL season has been a rare occurrence. In fact, it has happened only twice in their history — first in 2022 under Ravindra…

NEW DELHI: Ending months of uncertainty, India and US announced the finalisation of the first tranche of the trade deal early Saturday that will see Washington lower “reciprocal tariffs” on Indian exports to 18% over the next few days and New Delhi slash levies on several American imports.The India-US joint statement came with US President…

BlackRock has restricted investor withdrawals from its $26 billion HPS Corporate Lending Fund (HLEND) after redemption requests surged beyond the usual threshold, underscoring mounting pressure in the $2 trillion global private credit market, Reuters reported.The move came after investors sought to withdraw $1.2 billion in the first quarter, equivalent to roughly 9.3% of the fund’s…

The former India captains – Anil Kumble and Rahul Dravid – have bowling ends named after them at their home ground. (Pic credit: Star Sports’ X posts) BENGALURU: For over two decades, Anil Kumble and Rahul Dravid stood shoulder-to-shoulder — for India, Karnataka and Royal Challengers Bengaluru — forming the spine of teams built 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…

New Zealand’s Tim Seifert (PTI Photo/R Senthilkumar) Tim Seifert’s trademark aggression lit up New Zealand’s chase as they secured a five-wicket win over Afghanistan in their Group D clash of the T20 World Cup on Sunday. Chasing 183, Seifert lived up to his ‘Bam Bam’ nickname with a commanding 65 off 42 balls, striking seven…

Nearly all Indian refiners, except Numaligarh Refinery, are now importing Russian crude. (AI image) India’s imports of crude oil from Russia have dropped from the highs seen in March when the supply disruptions from the Middle East caused by the US-Iran war and the Strait of Hormuz closure prompted refiners to step up buys from…

NEW DELHI: The Centre has directed messaging platform Telegram to disable access to several channels accused of distributing pirated films and web series, asking the intermediary to comply within three hours of the notice being received.In a notification issued on Wednesday, the ministry of information & broadcasting invoked provisions of Information Technology Act, 2000, and…