Oil prices rise above $100 a barrel as attacks on Middle East energy and shipping infrastructure deepen supply concerns. Oil prices fell on Monday as investors focused on signs of a recovery in Saudi Arabian crude shipments, even as attacks by Yemen’s Iran-backed Houthis added to tensions in the Middle East and the US and…

The poll of a dozen economists showed that a majority expects repo rate to rise by 25 basis points NEW DELHI: Most economists are betting on a rate hike by the monetary policy committee in Oct in the wake of acceleration in inflation, massive liquidity and central banks increasing interest rates in the US and…

TEDT won’t bear cost for ‘created disputes’:, said Mehli Mistry MUMBAI: Following the showdown between Tata Trusts chairman Noel Tata and the board of Tata Sons, a trustee of the Tata Education and Development Trust (TEDT) has objected to potential legal costs from what he described as “created” disputes, according to people familiar with the…

While Salve publicly defended Chandrasekaran’s reappointment and endorsed idea of listing Tata Sons, Singhvi accused Tata Sons of undermining shareholder rights MUMBAI: It is Singhvi versus Salve in the Tata battle. After standing together for Tata Sons and Tata Trusts in the Cyrus Mistry case, two of India’s most high-profile lawyers are now on opposite…

GST gains fade as rising costs dilute price cuts, leaving sectors with mixed outcomes NEW DELHI/MUMBAI: A year after GST rationalisation, higher commodity prices have eroded a large part of the gains with prices of several products – from food to consumer goods and automobiles – slowly inching up.Within the multiple segments that saw rate…

Around 60% of the proposed output will be exported NEW DELHI: Stellantis plans to nearly triple vehicle production in India to around 50,000 units next year, from about 18,000 currently, as the automaker expands the country’s role in its global manufacturing and export operations.Around 60% of the proposed output will be exported, while the remaining…