Oil prices inched higher on Wednesday, trading beyond the $103 per barrel mark as uncertainty over the US stance towards Iran returned to the spotlight. US The momentum came after US President Donald Trump rejected a report that Washington was prepared to ease sanctions on Tehran. Qatar, meanwhile, said it was continuing efforts to bring…
Tata Trusts chief’s negotiation skills to be tested to the hilt MUMBAI: Noel Tata’s plan to keep Tata Sons private faces five hurdles, the steepest of which is a Reserve Bank of India (RBI) that has already refused to release the group’s holding company from its rules. The chairman of Tata Trusts has proposed merging…
50 cities picked to set new cleanliness benchmarks under PRAGATI-50 NEW DELHI: Govt on Tuesday launched PRAGATI-50, an initiative to make 50 cities across 24 states and UTs completely clean, with the selected cities set to emerge as role models for the rest of the country. The list includes almost all state capitals, as well…
For bulk purchases, such off-the-record cash deals can bring prices down by as much as 6% from prevailing market rates. (Image for representative purposes) Gold prices, despite their recent correction, are still very high and the hike in gold import duties from 6% to 15% has raised the cost of jewellery further.Although prices have fallen…
Philip Peterson, left, with his father Gordon in 2015. Image Credit: CNBC A $21 million charitable fund is at the centre of a legal dispute after Philip Peterson, the son of its founder, alleged that WaterStone cut off his access and stopped acting on his recommendations. The fund was created by Gordon Peterson in 2005…
For 18 years, researchers kept large herbivores out of fenced plots in a Kenyan savanna to study what happened to the trees in their absence. During that period, tree cover increased rapidly, trees became taller, and tree numbers rose. The fences were removed in 2017, allowing elephants, giraffes and other large herbivores to return to…
Why is Russia with all its oil supply and refining infrastructure importing gasoline from India? (Image for representative purpose only) The irony in Russia’s latest oil trade is hard to miss. A country that has long been a major exporter of not just crude oil, but also refined petroleum products, is now importing gasoline from…
The father and nominee of the deceased son, approached the consumer commission after LIC refused to honour a life insurance claim. Your child takes life insurance, and after his death the insurer denies the claim on the basis that your son hid a pre-existing condition. What happens then?In one such case, the District Consumer Disputes…
The city receives an average annual rainfall of around 596 mm, about 85% of it during the June-to-Sept monsoon Gurgaon: The city’s built-up area has grown by about 64% in a decade while its water body cover has shrunk by about 77%, increasing its vulnerability to urban flooding and water stress, according to a study…
Nvidia’s growth outlook remains closely tied to the global AI infrastructure boom. (Reuters) Nvidia has increased its share buyback authorisation by a record $150 billion, taking its total remaining repurchase capacity to $235 billion as the chipmaker bets on continued demand for artificial intelligence hardware amid intensifying competition.The increase surpasses Apple’s $110 billion buyback authorisation…
