Saturday, June 13, 2026

Business

Venezuela oil rush: US investors chase Trump’s $100 billion call as funds target energy assets – report

US investment groups are racing to capitalise on the reopening of Venezuela's oil sector, targeting underinvested oilfields and launching new investment vehicles after US President Donald...

How rich is a trillionaire? Elon Musk can sponsor IPL for 17,000 years, spend Rs 1 crore daily for 23,500 years

Representative image (AI-generated) When most people hear the word 'trillion', it is difficult to grasp just...

‘Mega bubble or fairy tale?’: Uday Kotak reacts to SpaceX’s historic IPO

Veteran banker Uday Kotak reacted to SpaceX's blockbuster Wall Street debut, saying that the company's...

Tata Group tells Air India to focus on cutting losses

The carrier is also reevaluating plans to fly to new domestic and international destinations, pruning some...

Property buyers beware: ITAT ruling highlights TDS pitfalls

A ruling by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has underscored...
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Paytm posts first full-year profit as total income rises 22%

Bengaluru: Paytm parent One97 Communications reported its first full year of profitability since listing, even as the fintech company continued to...

Radico Khaitan sees tier-2 cities, white spirits driving next phase of alcohol demand

Bengaluru: Tier-2 cities and rising demand for white spirits such as vodka and gin are emerging as key growth drivers for...

US fuel price shock: Lower-income households cut driving as gasoline costs surge; study flags widening inequality

America’s widening income divide has become more visible after the sharp rise in fuel prices linked to the Iran war, with...

India, Vietnam elevate strategic ties, set $25 billion trade target by 2030

Prime Minister Narendra Modi with Vietnam President To Lam India and Vietnam on Wednesday agreed to boost their bilateral relationship, aiming to...

Meesho says over 70% of code is AI-generated as Q4 income rises 44%

Bengaluru: Meesho’s total income rose 44.4% year-on-year to Rs 3,646.9 crore in the March quarter, while the ecommerce company continued to...

US stock markets today (May 6, 2026): Wall Street rallies to record highs, crude oil tumbles on Strait of Hormuz reopening hopes

US stock markets surged on Wednesday while oil prices plunged sharply as investors bet on a possible breakthrough in US-Iran negotiations...
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