Bharat Petroleum Corporation Ltd: BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins

BPCL reported its first quarterly loss in 15 quarters (file photo) State-owned Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a consolidated net loss of Rs 3,962.13 crore for the April-June quarter of FY2026-27, its first quarterly loss in 15 quarters, as elevated crude oil prices and regulated fuel prices eroded marketing margins.The company had…

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India-Us Trade Deal: ‘We literally have the paper’: US says India trade deal could be signed in months

The report argues that the US has increasingly adopted a negotiation strategy built around uncertainty (Representative image) A long-awaited India-US trade agreement could be signed within the next three to four months, with negotiations between the two countries now virtually complete, a senior US official said on Wednesday.Speaking on the sidelines of the Asean Foreign…

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Universal provident fund scheme: How PF for gig workers, self-employed could work & why it would be a game-changer

Experts say that if implemented, this could be one of the most significant expansions of India’s social security framework in recent decades. A Universal Provident Fund Scheme that includes workers in the unorganised sector, gig workers and the self-employed is in the works with an aim to provide retirement security to the population. In what…

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Running on rollovers: Pakistan’s reserves get $27 billion foreign loans from Saudi, China

Pakistan continued to lean towards foreign funding in the last fiscal year, with total inflows touching around $27 billion. Saudi Arabia and China continued to roll over billions of dollars in loans, according to a provisional report by the ministry of economic affairs. In the previous fiscal year, the country had borrowed approximately $26 billion,…

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Why did the stock market crash today? BSE Sensex ends over 700 points down, Nifty50 below 24,000; top reasons for fall

Oil prices surged to a two-month high on Wednesday amid growing fears of additional supply disruptions. Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, crashed in trade on Wednesday, losing over 1% in intraday trade. Investors turned risk-averse amid the escalating US-Iran conflict, renewed tariff threats from US President Donald…

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Copyright Notice & Content Protection

JLR India has introduced an Assured Buyback Programme for customers purchasing select Range Rover, Defender and Discovery models in the country. The new initiative promises an assured future value of up to 55 per cent of the vehicle’s ex-showroom price.Developed specifically for the Indian market, the programme combines a pre-determined buyback value with enhanced financing…

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Donald Trump’s 200% tariffs on pharma: Why India’s generic medicines could still remain competitive

Trump said generic drug imports would remain exempt from tariffs for the next two years. Beginning in August 2028, they would attract a 100% tariff. (AP photo) In a blow to India’s pharmaceutical industry, the Donald Trump administration has announced up to 200% tariffs on generic drugs that will be applicable in the coming years.US…

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