NEW DELHI: Crude oil prices fell below the $75-per-barrel mark on Wednesday as the Strait of Hormuz reopened but are yet to return to the pre-conflict levels of $65-70 a barrel.While Brent crude traded at nearly $73.4 per barrel at the time of filing this report, the Indian oil basket — a blend of sweet-grade…
Airlines turn to AI to save fuel; IndiGo to start trials for thriftier take-offs NEW DELHI: After doing everything humanely possible to cut fuel burn, Indian airlines have turned to artificial intelligence (AI) to help save the prohibitively expensive black gold. IndiGo has asked its pilots to save fuel during the time when the aircraft…
Sensex soared nearly 800 points and the Nifty reclaimed the 24,000 mark Benchmark equity indices rebounded sharply on Wednesday, with the Sensex soaring nearly 800 points and the Nifty reclaiming the 24,000 mark, driven by falling crude oil prices, strong buying in banking and IT stocks, and optimism over a potential India-US trade agreement.The 30-share…
The National Stock Exchange (NSE) has retained its position as India’s most valuable unlisted company, with a valuation of Rs 4.86 lakh crore, according to the 2025 Burgundy Private Hurun India 500 report. The exchange continues to top the ranking of unlisted firms, staying ahead of Serum Institute of India and Adani Properties, reflecting sustained…
UAE, one of the oil market’s heavyweight players, stepped out of OPEC and questions are rising over what the move could mean for the group’s energy production.The United Arab Emirates’ departure from OPEC has already trimmed the group’s share of global crude oil output and production capacity, according to data released by the US Energy…
Stock market rally today (AI image) Stock market today: BSE Sensex and Nifty50 rallied strongly in trade on Wednesday as multiple factors worked to lift the market sentiment. A recovery in South Korean markets and supportive global developments also aided the rally. The Sensex climbed almost 791 points to settle at 76,991, while the Nifty…
Both nations conclude ministerial-level talks on interim trade pact ahead of July tariff deadline India and the United States on Wednesday concluded a two-day round of ministerial-level negotiations on the proposed first phase of their Bilateral Trade Agreement (BTA), with both sides reviewing progress and discussing ways to finalise an interim pact before a key…
Aligning travelling preferences and plans with the right credit card ensures that the benefits align with your actual spending. (AI image) Summer is peak travel season with high demand leading to higher costs, and travellers actively looking for smart ways to save on flight and hotel bookings. While travel deals, seasonal discounts and booking offers…
Elon Musk loses trillionaire status World’s first trillionaire is no longer a trillionaire!SpaceX founder Elon Musk lost his trillionaire status after a sharp sell-off in Tesla and SpaceX shares pushed the world’s richest person back below the 13-figure mark. According to Bloomberg’s Billionaires Index, Musk’s net worth has fallen to $957 billion. This comes after…
Airfares could rise by up to 25% as jet fuel costs surge, says McKinsey Geopolitical disruptions and refinery constraints are tightening global jet fuel supplies, increasing costs for airlines and potentially leading to higher airfares, according to a McKinsey report.The report said jet fuel demand is expected to rise ahead of the summer travel season…
