Friday, July 17, 2026

Business

LPG subsidy bill races beyond budget, may hit Rs 1 lakh crore this fiscal

The government's spending on LPG subsidies could climb past Rs 1 lakh crore in FY27, far exceeding the Rs 30,000 crore set aside in the Union...

Shipping via Hormuz disrupted, Iran could tell Houthis to shut Bab al-Mandab: Why the narrow waterway matters

Tehran has told Yemen's Houthi rebels to be ready to close the Bab al-Mandab Strait if the...

Why India’s first hydrogen train is special – explained

With the launch of a hydrogen train, India has undoubtedly taken a big leap in the...

Asian markets tumble as AI stock sell-off deepens; Nikkei sinks nearly 6%, HSI plunges 2%

Asian equities tumbled in red on Friday as concerns over artificial intelligence led stocks deepened,...

Gold price prediction: Is it time to buy gold on dips? Check July 17, 2026 outlook

From a technical perspective, the 8-period EMA has started turning higher and is attempting to cross...
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Gas supply crunch a worry for AC makers ahead of peak season

MUMBAI: Ahead of the onset of peak summers, a brisk business season for consumer durables companies, some AC makers are feeling...

Sensex, Nifty 50 open flat on easing oil supply amid Iran war| Business News

India's stock market opened flat today, after last week's worst weekly drop in years confirmed a technical correction, as hopes of easing energy...

Veteran Subedar named Tata Trusts consultant

MUMBAI: Tata Trusts has appointed Tata veteran Farokh Subedar, 71, as a consultant, according to people in the know. Subedar, who...

Cos hit pause on IPO button as West Asia conflict rages on

MUMBAI: India's choc-a-block equity-raise calendar is shifting gears, with many companies pushing back fundraises amid West Asia-driven market volatility. Deals remain...

International Energy Agency: IEA’s record 400 million-barrel oil release may offer only limited relief if Hormuz stays shut: S&P Global Energy

The International Energy Agency’s decision to release 400 million barrels of emergency oil stocks, the largest reserves drawdown in its history,...

Iea Oil Reserves Release: Iran crisis: IEA says strategic oil reserves to be released immediately in Asia-Oceania, from end-March in US and Europe

The International Energy Agency (IEA) said on Sunday that strategic oil reserves will be released “immediately” in Asia and Oceania, while...
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